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News feed from various Indian news papers....
Ahead of the monetary review by RBI, the Finance Ministry today said gross bad debts of commercial banks are likely to rise this fiscal from over 2.5 per cent in 2009-10 due to slippage in loans restructured due to the impact of global economic slowdown.NPAs of banks to rise this fiscal: FinminNPAs of banks to rise this fiscal: Finmin read more
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US drones on Sunday targeted Taliban militants in North and South Waziristan tribal regions of northwest Pakistan, killing eight rebels and injuring five more, officials and witnesses said. read more
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Palestinian President Mahmoud Abbas said Sunday that despite intense international pressure from the "entire world", he is still not willing to start direct negotiations with Israel. read more
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Times must be tough back at the Empire. A bank robber dressed as "Star Wars" villain Darth Vader made off with an undetermined amount of cash after pointing a handgun at startled tellers inside a Chase bank branch on Long Island. read more
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Family of Pooran Singh, who died over six decades ago, on Sunday finally collected his ashes at a jam packed ceremony along with the legendary cricketer to fulfil his last wish to immerse his ashes in the Ganges. read more
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An explosion at a Bangkok bus stop on Sunday evening wounded at least nine people in the central shopping district, the scene of recent mass anti-government protests, Thai police said. read more
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Iran's official news agency has said high pressure at a petrochemical factory on Iran's largest oil terminal led to an explosion and fire at the facility on Khark island in the Persian Gulf. read more
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The chief executive of troubled British oil giant BP, Tony Hayward, was negotiating his terms of departure on Sunday and is likely to quit within 24 hours, the BBC reported. read more
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