Archive for ‘September, 2008’

Shocking Stampede at Rajasthan: 100 killed and 200 injured in Jodhpur

Shocking Stampede at Rajasthan: 100 killed and 200 injured in Jodhpur

In a shocking incident of stampede at chamunda Temple in Mehrangarh near Jodhpur, more than 40 people were killed and nearly 200 injured during the early hours today.
On the occasion of first navratra, more than 1000 pilgrims which constituted mostly women, gathered at the temple which is located on a Hillock within the famous Jodhpur [...]

Lawmakers Reject $700bn Bailout, Oct 2 would witness revote

Lawmakers Reject $700bn Bailout, Oct 2 would witness revote

In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergency rescue for the nation’s financial system, leaving both parties’ lawmakers and the Bush administration scrambling to pick up the pieces. Dismayed investors sent the Dow Jones industrials plunging 777 points, the most [...]

Bomb Blasts in Gujarat and Maharashtra: 2 killed and 20 injured

Bomb Blasts in Gujarat and Maharashtra: 2 killed and 20 injured

Maharashtra & Gujurat were rocked by low intensity blasts on Monday night which left 2 dead and 20 injured. These Blasts come as a surprise, even though investigations of the previous blasts in delhi are going on.
The blast took place in the busy area of Malegaon where people, mostly Muslims, were shopping for the upcoming [...]

Exit from Singur to happen soon, Tata finalizes

Exit from Singur to happen soon, Tata finalizes

A series of disappointing news seems to pour out of Bengal with Tata preparing to pull out of Singur.
The criticism to the government’s policies over the land acquisition came out when the governor, Gopal krishna Gandhi, the key mediator in singur project openly made statements to the media.
A CBI enquiry has been demanded by Mamata [...]

Bush Seeks approval to spend $700B to halt financial crisis

Bush Seeks approval to spend $700B to halt financial crisis

American President George Bush has put a proposal, asking Congress for the authority to spend as much as $700 billion to purchase troubled mortgage assets and contain the financial crisis.

This could be the most sweeping economic intervention by government since the great depression of 70’s. The Financial position of America has come to a very [...]

Islamabad Bomb Blast: 50 Dead, City in Panic

Islamabad Bomb Blast: 50 Dead, City in Panic

Islamabad,the capital city of Pakistan was rocked by a powerful bomb blast which left 40 dead and more than 75 injured.
There foreigners too in the people who were killed and injured. The blast happened close to the president’s house just outside the Marriott hotel.
The blast was so powerful that it could be heard upto [...]

Jamia Nagar Shootout Fake, Residents Claim

Jamia Nagar Shootout Fake, Residents Claim

In another twist in the series of encounters, the recent Shootout at Jamia Nagar of south Delhi by the police have been claimed as fake by the residents of the area.
Jamia Nagar is another religious place of the Muslim minorities. Police claim that they had information from intelligence that Terrorists were holed up in a [...]

Mohan Chand Sharma, Encounter Specialist, succumbs to Injuries

Mohan Chand Sharma, Encounter Specialist, succumbs to Injuries

The encounter specialist of Delhi Police succumbed to his injuries at the hospital in the evening today. Inspector Mohan Chand Sharma, who was one of the well known encounter specialists of police force received three bullet injuries during a shoot out that took place in the capital place.
“He was bleeding pretty badly and received bullets [...]

Center gives strict warning to Karnataka & Orissa Governments

Center gives strict warning to Karnataka & Orissa Governments

The karnataka and Orissa state governments have been issued strict warnings from the Center in regards to the recent rise in communal violence in both the states.
In the recent communal apprisal, Christian minorities have been targetted with the claim that force conversions were being carried out by some christian churches.
There has been open attacks on [...]

Morgan Stanley struggling to find an Investor

Morgan Stanley struggling to find an Investor

With the Stock and money market performing shockingly disappointing, the number 2 positioned US investment Bank, Morgan Stanley is topping the list of all the “big fish” firms who are presently looking for a buyer. These banks are desparately looking for a buyer to pull them out of the big financial crisis.
Morgan Stanley have even [...]