India News / Press Releases on May 16, 2008

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60 per cent voting recorded in second phase of Karnataka polls
Sixty per cent polling was reported on Friday in the second phase of Assembly elections in Karnataka. ANI

Fire in Sodepur garments shop, 12 dead
At least 12 people were killed on Friday when a fire broke out at a readymade garments shop on the Sodepur Station Road in North 24 Parganas district. ANI

BSF decides to deploy 1000 jawans more to check infiltration
In a bid to check infiltration from across the Border with Pakistan, the Border Security Force (BSF) has decided to deploy 1000 more jawans along the Line of Control (LoC). ANI

Second phase of polling in Karnataka ends
Karnataka on Friday witnessed second phase of elections in 66 constituencies for the 224 -member State Assembly, amidst tight security. ANI

Theft at Taj Mahal, close circuit TV cameras go missing
In a serious jolt to high security arrangements at the Taj Mahal, at least 15 closed circuit TV cameras, which were installed at vantage points to monitor activities of all visitors, have been found missing . ANI

12 underground cadres killed in a factional clash in Nagaland
In a clash between two rival underground groups of Nagaland on the outskirts of Dimapur on Friday, twelve people lost their lives. he cadres from the Government of the Peoples Republic of Nagalim (GPRN)/NSCN Unification reportedly launched an offensive on the camp of National Socialist Council of Nagaland Isak-Muivah NSCN (I-M). There was retaliation, which resulted in violence. ANI

Tibetans in India prepare for Olympics with sporting spirit sans hatred
Tibetans-in-exile in Dharamsala prepares to host parallel Olympics beginning May 22 with the aim to give its youth a sporting exposure without focusing on the Chinese atrocities on their fellow citizens. ANI

CPI opposes special statue to combat terrorism
Communist Party of India National Secretary D Raja today opposed the Bharatiya Janata Partys demand for the enactment of a Prevention of Terrorism Act (POTA)-like law in the wake of Jaipur serial blasts saying that terrorism could be tackled if people remained alert and not through any special statute. ANI

Animals, clouds not true indicators of earthquake: Chinese scientists
Chinese scientists have said that the migration of toads or unusual cloud formations cannot be the true indicators of earthquakes.Zhang Guomin, a senior researcher at the China Earthquake Administration, said on the governments website that predictions cannot simply be based on the movement of animals. ANI

Supreme Court stays Calcutta High Court order on OBC quota
The Supreme Court today stayed Calcutta High Courts interim order, which restricted admissions under Other Backward Classes (OBCs) quota in post graduate courses in the Indian Institute of Management (IIMs). ANI

Fears over possibility of plague outbreak in Sichuan
Four days after the devastating earthquake which shattered Sichuan province of China, claiming over 20,000 lives, the place is likely to become home to many diseases as the victims bodies are still trapped in debris and not buried. ANI

Ladakhi youth come forward for a cleaning drive
Though adventure tourism has proved to be a money-spinner in Ladakh, it has also caused a major environment hazard. It is so because of the tons of garbage left behind by trekkers. ANI

Everest aspirant sells eggs in Kolkata
A girl with a keen interest in mountaineering in Kolkata, sells eggs so that she can earn enough money to fund her expedition to Mt. Everest. ANI

Mango crop in Lucknow damaged by thunderstorm
The high velocity thunderstorm that ripped across Uttar Pradesh killing about 90 people also ravaged the famous mango belt of Lucknow. ANI

Jammu and Kashmir govt. to reopen Nageen club
Jammu and Kashmirs tourism department is all set to re-open Nageen Club after two decades, reviving the memories of 1940 when the British instituted it to promote social interaction and recreation. ANI

Udaipur hotelier claims to have seen Jaipur Blast suspected terrorist
Rajasthan police questioned a Udaipur based SamorBagh restaurant owner Kamal Joshi today who claimed to have seen one of the suspected terrorists, whose sketch was released by the police. ANI

Army recovered 34 kg RDX in Jammu
The Army today unearthed three militant hideouts in Rajouri and Poonch districts in Jammu, and recovered 34 kgs of RDX from them. ANI

India, Pak should clinch all issues in Islamabad on May 20: Sharif
Rebutting the speculations about split between the Pakistan Peoples Party and the Pakistan Muslim League-Nawaz, former Prime Minister Nawaz Sharif has said that both the parties will clinch all issues with India in the forthcoming meeting in Islamabad on May 20. ANI

Sea bridge in Mumbai to reduce time travel from one hour to seven minutes
An eight-lane sea link with a twin carriageway and having a cable-stayed bridge design to be commissioned by January 2009 is poised to make for speedy road travel between Bandra and Worli suburbs of Mumbai. ANI

Prayer meet for victims of Jaipur blasts, Myanmar cyclone, Chinese quake
People of all religious groups organised a prayer meet, seeking solace for the victims who died in Myanmar cyclone, in Chinese earthquake and in Jaipur serial blasts. ANI

Three women Maoists arrested in Jharkhand
Police and the Central Reserve Police Force personnel on Thursday arrested three women Maoists and seized a huge cache of arms from them following an encounter in Jharkhand. ANI

Prime Minister Manmohan Singh leaves for Bhutan (Update-Prime Minister)
Prime Minister Dr. Manmohan Singh today left for Bhutan on a two-day official visit. ANI

Polling begins for second phase of Karnataka Assembly polls
Polling for the second phase of Karnataka Assembly polls began today amidst tight security. olling is being held in sixty-six constituencies spread in ten districts of Raichur, Koppal, Uttara Kannada, Bellary, Chitradurga, Davanagere, Shimoga, Udupi, Chikmagalur and Dakshina Kannada. ANI

Prime Minister Manmohan Singh to leave for Bhutan today
Prime Minister Dr. Manmohan Singh is leaving for two-day official visit to Bhutan today. ANI

Outsource Partners International Inaugurates Newest Shared Service Center in Bangalore, India with Grand Opening Ceremony
Business Wire India

Metso Minerals Bags Order Worth EUR 17 million from Essar Steel Ltd
Business Wire India

Rediff.com India Limited Schedules Fourth Quarter and Fiscal Year Ended Earnings Results Conference Call For May 23, 2008
Business Wire India

Also see International News / Press Releases on May 16, 2008

Bullion Market / Gold & Silver Prices on May 16, 2008

Mumbai Bullion Market

99.5 Purity Gold: Rs. 12280
99.9 Purity Gold: Rs. 12225
Silver (Kg): Rs. 23760

Delhi Bullion Market

Bar Silver (Kg): Rs. 23600
Sovereign: Rs. 9900
Standard gold: Rs. 12310

Kolkatta Bullion Market

Gold: Rs. 12145
Silver: Rs. 23250

Chennai Bullion Market

Bar Silver (Kg): Rs. 23965
24 carat gold (10 grams): Rs. 12245
22 carat gold (10 grams): Rs. 11350

Bullion Rates on May 16, 2008 for All Major Indian Cities

Bullion prices presented here are indicative and are for general information only. Please check with your Gold Merchant or a local bank for latest and correct prices. All prices are in Indian National Rupees only.

Forex Rates on May 16, 2008

1 United States Dollar (USD) = 42.64 Indian National Rupees (INR)

1 GBP = 83 Indian National Rupees (INR)

1 Euro = 66 Indian National Rupees (INR)

100 Japanese Yens = 40.74 Indian National Rupees (INR)

All Forex Rates of May 2008

Forex Rates presented here are historic data and for indicative purpose only. Please contact your Central Bank, Money Changers, Foreign Exchange Agent or Travel Desk for the correct and accurate convertion rates. Rates here are the closing rates in IST.