India News / Press Releases on July 17, 2008

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MHA spokesperson on Wednesdays Naxal incident in Orissa
The Ministry of Home Affairs on Thursday sought a report from the Orissa Government about Wednesdays Naxal incident in which at least 24 policemen were killed when a landmine exploded under a security vehicle in States Malkangiri District. ANI

Modified Kaveri engine to propel Indian Navy ships
The Gas Turbine Research Establishment (GTRE), Bangalore of Defence Research and Development Organisation (DRDO) which has been indigenously developing Kaveri engine for propelling the Indian Light Combat Aircraft (Tejas), has now come up with a modified marine version, as a spin off during research, to develop shaft power for propelling Indian Naval ship. ANI

Pocket umbrellas prove popular in Kerala
Most of us feel irritated to carry along umbrellas and keep an eye on there whereabouts the entire day. But five fold Nano umbrellas, which can be folded back to our pocket size, have hit the Kerala markets here. eighing barely 225 grams andthese Nano umbrellas, which can be reduced to as small as 6 inches after five folds, are a major hit here. ANI

Bangladesh burglar racket busted in Tripura
A burglary racket involving Bangladeshis was busted here today following the arrest of four people by the West Agartala police. ANI

Incessant rain brings life in Patna to a standstill
Incessant rains for the past few days have brought life to a complete standstill in Patna. ANI

Terrorism, water dispute dominate Indo-Bangladesh Foreign Secretary talks(Lead:Indo-Bangla)
Foreign Secretaries of India and Bangladesh today described terrorism as a global problem, and added that the governments of both countries have been discussing counter-strategies to neutralise this menace at both the bilateral and multilateral levels. ANI

Somnath setting a right precedent by not resigning, says ex-Speaker Baliram Bhagat
Lok Sabha Speaker Somnath Chatterjee is doing the right thing by not resigning from the post on demand of his party - the CPI(M), said Baliram Bhagat, a former Speaker here today, in an exclusive interview to the ANI. ANI

Some US Sikh leaders not in favour of nuke deal with India
) Leaders of the Sikh community in the United States have said that they have reservations about the US-India civilian nuclear cooperation deal, and are determined to continue their campaign against it. ANI

Menon says Indo-Bangladesh talks useful
Foreign Secretary Shiv Shankar Menon and his Bangladeshi counterpart, Mohammad Touhid Hossain met here today after which Menon said the talks were useful for mutual interests. ANI

India, Bangladesh holds Foreign Secretary-level talks in New Delhi
Foreign Secretary Shiv Shankar Menon and his Bangladeshi counterpart, Mohammad Touhid Hossain met here today. ANI

Yeddyurappa presents pro-farmer budget
Chief Minister B.S. Yeddyurappa on Thursday presented a smooth, pro-farmer budget ahead of the Lok Sabha polls. ANI

Union Cabinet gives approval for upgradation of existing roads
The Union Cabinet today gave its approval for upgradation of existing roads aimed at improving traffic safety and providing faster movement of vehicles with improved riding quality and time. ANI

Liquor fed Chinese chickens sell like hot cakes
A chicken raiser in southern China has been making big bucks by feeding his livestock with medicinal liquor. ANI

Casteism still the bane for many villagers in Madhya Pradesh
Raju Ahirwar, a boy in Rampura Village of Madhya Pradeshs Chattarpur district was recently penalized for entering the village temple, often visited by upper-caste families. ANI

Access cycle rickshaws by a phone call!
A group of engineering graduates here has set up a concept called Ecocab call centre to overcome the routine transportation problem. ANI

Nuke plants needed to meet Indias energy needs: Sonia Gandhi
United Progressive Alliance (UPA) chairperson Sonia Gandhi today strongly defended the Indo-US civil nuclear cooperation deal at a public rally in Nellore. ANI

Quake strikes Tibetan plateau
An earthquake measuring 5.3 on the Richter scale hit a remote area of the Tibetan plateau in Chinas Qinghai province early Thursday, the State Seismological Bureau said. ANI

India to explore possibility of cooperation in mining sector with Ecuador
Vice Minister of Foreign Affairs of Ecuador Jose Valencia met Minister of State for Mines B. K. Handique here today. ANI

Lucknow airport named Chaudhary Charan Singh Airport
The Government today approved the naming of the Lucknow Airport as Chaudhary Charan Singh Airport. ANI

Cabinet approves creation of senior posts for six AIIMS like institutions
The Union Cabinet today gave its approval for creating project cells to expedite work in respect of six AIIMS like institution under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) Scheme. ANI

Cabinet approves extradition treaty between India and Brazil
The Union Cabinet today gave its ex-post-facto approval for the signing of extradition treaty between India and Brazil (on April 15, 2008) and authorise ratification of the treaty. ANI

Nepal, India to cooperate in field of Himalayan Environment and Development
The Union Cabinet today gave its approval for the signing of a Memorandum of Understanding (MoU) between the International Centre for Integrated Mountain Development (ICIMOD), Kathmandu in Nepal and the Gobind Ballabh Pant Institute of Himalayan Environment and Development (GBPIHED) in Almora. ANI

Cabinet approves amendments to Drugs and Cosmetics Bill, 2005
The Union Cabinet today gave its approval to move official amendments to the Drugs and Cosmetics (Amendment) Bill, 2005, pending in Rajya Sabha. ANI

Cabinet approves setting up of eight new IITs
The Union Cabinet today approved the setting up of eight new Indian Institutes of Technology (IITs) in Bihar, Andhra Pradesh, Rajasthan, Orissa, Gujarat, Punjab, Himachal Pradesh and Indore. ANI

Delhi High Court allows Pappu Yadav to vote
Rashtriya Janta Dal MP, Pappu Yadav, who is lodged in Tihar jail, has been allowed by the Delhi High Court to participate in the July 22 trust vote here today. ANI

Rahul Gandhi to begin Vidarbha tour from tomorrow
Congress General Secretary Rahul Gandhi will begin his three-day tour to the Vidarbha region of Maharashtra from tomorrow. ANI

Resentment among CPI (M) Muslim MLAs scares Karat away from Bengal
CPI (M) general secretary Prakash Karat, who is touring the country extensively to garner support against the Congress-led UPA Government, is not going to West Bengal following anger brewing among the partys Muslim legislators. ANI

India agrees to revitalise credit facility for Bhutan
India has agreed to revitalise its standby credit facility for Bhutan, enhancing the amount to Rs.400 crores. ANI

DRDO develops marine gas turbine engine for Indian Navy
The Defence Research and Development Organisation (DRDO) has developed a 12 MW marine gas turbine for the Indian Navy, which will be used to propel the SNF (Rajput) class of ships. ANI

Volkswagen launches its Jetta sedan in India
Volkswagen, the worlds fourth-largest carmaker, launched its Jetta sedan here last evening. ANI

Indian navy inducts two new indigenous warships
Indian navy added two new warships to its fleet. The Water Jet Fast Attack Crafts (WJFAC) INS Cinque and INS Chariyam were launched by the Garden Reach Shipbuilders and Engineers Limited (GRSE) at the Khidderpore docks here. ANI

Bardhan tries to persuade indecisive Ajit Singh over July 22 trust vote
CPI General Secretary A B Bardhan met Rashtriya Lok Dal (RLD) chief Ajit Singh at the latters residence in the Capital today in a bid to persuade him to oppose the Indo-US nuclear deal and vote against the UPA Governments trust vote on July 21-22. ANI

Hunt on for Maoists after yesterdays attack on Orissa police party
A massive combing operation has been launched following yesterdays Maoists attack in which at least 24 policemen were killed when a landmine exploded under a security vehicle in Orissas Malkangiri District.The search operation to nab the Maoists is being jointly launched by Special operation group units and Central Reserve Police Force (CRPF) in Mottu police station area. ANI

Karnataka Budget Session begins today
The Budget Session of the new Karnataka Assembly will commence here today. ANI

India, Bangladesh foreign secretary-level talks today
Foreign Secretaries of India and Bangladesh are scheduled to meet here today. ANI

Indian tractor industry expands at a spectacular pace
Tractors are an integral part of mechanization and have a crucial role to play in increasing agricultural productivity. And theres possibility for advancement in manufacturing of tractors that could lead India to another green revolution. ANI

Sonia to launch Rajiv Arogya Sri in Andhra Pradesh
Congress President Sonia Gandhi will launch the second phase of Rajiv Arogya Sri, a health insurance programme for the poor, at Nellore in Andhra Pradesh today. ANI

PLAYSPAN Acquires PayByCash®
Business Wire India

Canara Bank Chooses Triple Point to Manage New Precious Metals Business
Business Wire India

Biocon's Q1 FY '09 Impacted by Exceptional Factors
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Biocon is World's Top 20 Biotechnology Company : Med Ad News
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iXiGO.com Unveils India's Biggest Hotel Search - "Hotels 2.0"
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Rediff.com India Limited Schedules First Quarter Earnings Results Conference Call for July 24, 2008
Business Wire India

Also see International News / Press Releases on July 17, 2008

Mumbai Bullion Market

99.5 Purity Gold: Rs. 13050
99.9 Purity Gold: Rs. 13365
Silver (Kg): Rs. 25950

Delhi Bullion Market

Bar Silver (Kg): Rs. 25900
24 carat gold (10 grams): Rs. 13450
22 carat gold (10 grams): Rs. 13150

Kolkatta Bullion Market

Gold: Rs. 13360
Silver: Rs. 24800

Chennai Bullion Market

Bar Silver (Kg): Rs. 26000
24 carat gold (10 grams): Rs. 13540
22 carat gold (10 grams): Rs. 13300

Bullion Rates on July 17, 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.

1 United States Dollar (USD) = 42.94 Indian National Rupees (INR)

1 GBP = 85.78 Indian National Rupees (INR)

1 Euro = 68.01 Indian National Rupees (INR)

100 Japanese Yens = 40.79 Indian National Rupees (INR)

All Forex Rates of July 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.

July 17 in History