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India needs more tightening: IMF

India needs to speed up its return to pre-crisis monetary and fiscal policies to help bring down elevated inflation, the International Monetary Fund said on Wednesday.India's economic growth is expected to remain above trend in the coming year, and inflation measures are in the 8.5 percent to 10.5 p

LinkedIn plans to go public in 2011

6 January 2011, LinkedIn, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, three sources familiar with the process said.Morgan Stanley, Bank of America and JPMorgan are among the book runners, these sources said. Bankers made their

Saudi Arabia to build world's largest gold factory

Riyadh, Jan 5 (IANS): Saudi Arabia, one of the top global oil exporters, is planning to build the world's largest gold factory by the end of 2011.The 22,000-square metre factory, located in the kingdom's Red Sea port city of Jeddah, will bring in between 500 to 800 jobs. "The factory will become a r

ZP and TP results declared; Congress emerge victorious in Uttara Kannada

Bhatkal - Congress emerged victorious in Uttara Kannada after the counting of votes ended in Zilla Panchayat elections. Out of 36 ZP seats Congress won 22, BJP 09, JDS 01 while the independents clinched 04 seats. In Bhatkal out of 04 ZP seats, Congress won 02 seats while BJP and Independents one eac

Anjuman's Management body election announced

Bhatkal - According to Anjuman Hami-e-Muslimeen's press release, the management body elections will be held on 19th June 2011. Mr Abubaker Kasimji has been nominated as the election commissioner for this election. On this occasion, Mr Abdul Raheem Jukaku, Anjuman General Secretary has requested all

Fish lorry overturns at Sagar road; Driver injured

Bhatkal - A fish lorry bearing registration number KA-20-C-786 overturned at Sagar road injuring the driver Mahadev Mastappa (35) of Mudbhatkal. According to the sources, the accident took place when the driver was giving passing trial of his vehicle. The injured driver was immediately taken to Govt

Road accident near Shirali NH 17; 1 killed

Bhatkal - A bike rider Abdul Razzaq (23) died on the spot and pillion rider was seriously injured when their bike lost control and a car coming from opposite direction hit the bike. The accident took place in the evening near Sharadaholle, NH 17 Shirali. According to the sources, both of them were b

Naunihaal student wins district qiraat, qualifies for state-level

Bhatkal, Jan 4: Ms. Ashfiya Farzeen, daughter of Mohammed Ashfaque Ruknuddin, studying in Xth standard of Naunihaal Central School, Bhatkal entered the State-level Qiraat competition of Prathibha Karangi after winning zonal level followed by taluk level. Later, she won at the district level and will

Bangalore becomes Etihad's eighth destination in India

Dubai, Jan 3 (PTI): UAE-based Etihad Airways has launched flights to Bangalore, its eighth destination in India, a company official said today.Etihad operates four return flights a week to Bangalore and will increase to a daily service on the route from March 25, at the commencement of its summer sc

BJP suffers setback in Yeddy's turf

Bangalore, Jan 4 :Karnataka's ruling Bharatiya Janata Party (BJP) Tuesday emerged as a major winner in polls to the local governing councils but it suffered setbacks in the home turf of Chief Minister B.S. Yeddyurappa and the powerful Reddy brothers. Of the 30 zila (district) panchayats, the BJP bag

UAE among world's top five gold traders

Dubai, Jan 4: An analytical study issued by the Ministry of Foreign Trade (MOFT) has confirmed that the UAE is among the world's top five gold traders from 2005-2009, in both imports and exports of the commodity.The MOFT study revealed that the UAE ranked third in exports and the second in imports i

Four solar, two lunar eclipses in 2011

Four solar and two total moon eclipses will be observed in different parts of the world, including in India, in 2011.The first solar eclipse will take place Jan 4. It will begin at 06:40 GMT and will be visible from Europe, the Middle East and Northern Africa.At maximum eclipse in northern Europe, t

Partial solar eclipse from 12.11pm today

At 12:11pm today, residents in the UAE will experience one of nature's great events - a partial solar eclipse, where part of the sun will be covered by the passing moon.Hasan Ahmad Al Hariri, CEO of the Dubai Astronomy Group said there is a lot of talk about the phenomenon. This will be the last sol

Doha: Qatar's Largest Mosque to Open Soon

The state mosque here is all set to open its doors to worshippers in early 2011. This state mosque is all set to be Qatar's largest mosque and can accommodate 10,000 worshippers at a time.The mosque incorporates traditional Islamic architectural elements and with its distinctive doomed roof it will

'Muslim majority North Cyprus seeks support'

Dubai, Jan 3,2011:'OIC should Push for Reconciliation between North and South Cyprus', writes Aftab H Kola in a cover story in the latest edition of Radiance Viewsweekly. Aftab Kola, who was among the 51 journalists who were flown in the Turkish (read Muslim) side of Cyprus, writes, 'I had an opport

iPhone alarm glitch leaves users fuming

NEW YORK - The bells weren't ringing for many iPhone users this New Year's weekend, when thanks to a glitch the alarms on Apple's iconic mobile phones failed to go off, causing many to oversleep.It was the second time in just a few months that the alarm function on the phone failed to activate corre

Strong 7.1 magnitude quake hits Chile

A strong 7.1 magnitude earthquake hit central Chile, driving panicked residents from their homes due to fears of a tsunami but causing no injuries or damage, officials said.Last February, an 8.8-magnitude earthquake caused tsunami waves that devastated coastal towns in the same area of the South Ame

Saudi announces new Internet publishing law

JEDDAH, Jan 2: Online newspapers, blogs and forums will now need to register with the Ministry of Information and Culture for licenses to operate, according to new regulations that the ministry announced Saturday it is to introduce.The new system, which will be introduced in a month's time, has been