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Prime Minister Narendra Modi declared on Thursday that following his recent summit level interactions with Japan, China and the US, “investment worth 100 billion dollars had applied for a visa to India.”

Delivering the inaugural address at the “Invest Madhya Pradesh – Global Investors Summit – 2014” at Indore, the Prime Minister said that following his recent summit level interactions with Japan, China and the US, “investment worth 100 billion dollars had applied for a visa to India.” It is now upto the states to grab a share of this investment, he added.

The Burdwan blast has exposed a chilling home truth in Bengal, much discussed but seldom put on record. CID on Wednesday sealed three more houses in the vicinity of the ‘IED factory’ and a cyber cafe from where terrorists used to download manuals to make rocket launchers, indicating yet again that the state is turning into a terror logistics hub.

A new monetary policy framework is to be put in place by December, with the government setting the inflation target, to be implemented by a policy panel.

The finance ministry and the Reserve Bank of India (RBI) are soon expected to sign a formal agreement under which the central bank will pursue the retail inflation target decided by the government.

“Since it is a Budget announcement, it has to be put in place by December. It will be a part of the Action Taken Report to be tabled in Parliament by January 15,” said a ministry official who did not wish to be identified.

A Rs 2.50 per litre cut in diesel prices and a little less than Re 1 a litre on petrol is in offing as international oil rates fell to a 27-month low.

Prices may be cut after Maharashtra and Haryana assembly elections are completed on October 15, sources privy to the development said.

Benchmark Brent crude today slid by as much as $1.35 to $90.76 a barrel, its lowest level since June 2012. Prices have declined 18% this year.

Thirty-three years after starting Infosys, its founders NR Narayana Murthy and S Gopalakrishnan today bade farewell to the over USD 8 billion IT firm with the former saying he has no regrets and the latter emphasising that politics is not his cup of tea.

Seven co-founders, led by Murthy, set up the Bangalore- based firm in 1981.

PTI

BJP today termed as drama the re-election of Mulayam Singh Yadav as SP National President, saying in a party of one family the top post was reserved for lifetime.

BJP state President Laxmi Kant Bajpai in a statement alleged that the SP national convention was being organised by misusing government money in the state, where the Samajwadi Party is in power.

PTI

Union Home Minister Rajnath Singh has approved the providing of three acres of land on lease to the Kendriya Vidyalayas by the Border Security Force (BSF) each at Sunderbani (Jammu and Kashmir), Chakur (Maharashtra) and Aradhpur (West Bengal).

Presently, Kendriya Vidyalaya at Station Head Quarter, BSF, Sunderbani has started functioning from October 16, 2010 up to XIth standard. The Kendriya Vidyalaya at Chakur started on September 1, 2010 up to VIIIth standard whereas the Kendriya Vidyalaya at Aradhpur started on April 26, 2011 up to VIIIth standards.

Bharatiya Janata Party (BJP) president Amit Shah on Wednesday blamed the Congress and the Nationalist Congress Party (NCP) for doing injustice to the backward classes of Maharashtra in the 15 years of their rule in the state.

“For past 15 years, the Congress and the NCP have been doing injustice to every backward class,” said Shah while addressing a rally here.

He also held them responsible for ruining the condition of Maharashtra in these years.

Air France has estimated that last month’s strike will cost it about €500m (£393m) in lost revenue.

The struggling French flag carrier was in dispute with pilots over plans to expand its budget subsidiary Transavia.

Finance director Pierre-Francois Riolacci said there would be an immediate impact of about 320-350m euros, plus loss of future business.

Shares in Europe’s second-biggest airline fell 2%, at one point touching the lowest level in a year.

The company has already cut its profit target for 2014.

A doctor in Madrid says the Spanish nurse infected with Ebola remembers touching her face with her gloves after treating a dying priest.

The nurse, Teresa Romero, is the first person known to have contracted the deadly virus outside West Africa.

She treated two Spanish missionaries who died from Ebola earlier this year.

Earlier, a World Health Organization adviser warned that more Ebola cases could be expected among medical staff, even in developed countries.

The Versova resident had filed an FIR against film producer Kishan Kumar, suspecting his involvement in her sister’s disappearance; the case has stumped the cops, who discovered that the missing woman has several fraud cases registered against herMore than six months have passed since 33-year-old Versova resident, Jigna Thakkar went missing, but the police are still stumped by the case, and have been unable to locate her so far.The case, which seems like a plot straight out of a Bollywood thriller, is, incidentally, intricately linked with the film world.

India and Pakistan have sparred at the UN over ceasefire violations along the LoC with India making it clear that its armed forces are “fully ready” to respond to “provocation”.
India also said that the onus of creating a positive environment for normalisation of relations is on Pakistan.
War of words between the two countries over the situation at the Line of Control took place on Tuesday at the UN General Assembly where India said that it was a “matter of deep regret” that Pakistan violated the ceasefire, in which eight people were killed and several others injured.
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After receiving many complaints from traders on Flipkart’s massive discount sale, government said it will look into the concerns and take a call on whether more clarity is required on e-commerce retail business. PTI File Photo
After receiving “many complaints” from traders on Flipkart’s massive discount sale, government today said it will look into the concerns and take a call on whether more clarity is required on e-commerce retail business.

An approaching cyclone will cross Andhra Pradesh and adjoining Odisha coast by Sunday noon and preparations have been made to meet the situation, authorities said on Wednesday.

“The deep depression over Andaman Sea and neighbourhood … intensified into a cyclonic storm Hudhud and lay centred at 8.30am today (Wednesday) over Andaman Sea and adjoining Bay of Bengal,” said an India Meteorological Department bulletin.