Food Inflation still in negative zone

As per the fresh business sector news, food inflation is still in the negative zone for the 3rd successive week, at (-)0.42% for the week ended January 7, largely due to the decline in the costs of onion and vegetables.

As per the statement issued by the Wholesale Price Index (WPI), the food inflation was at (-) 2.90% in the last week. Though, it was above 16 percent in the same week of the last year.

The official note released yesterday states that cost prices of onion were dropped by 75.42 percent year on year during the week under review, and costs of potato slips 23.84 percent in the same period. However, prices of wheat fell by 3.57 percent.

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Conjoined twins, Vani and Veena, face uncertain future

Vani and Veena 300x246 Conjoined twins, Vani and Veena, face uncertain futureThe 9 years old conjoined twins, Vani and Veena wants to stay in the hospital and also have desire to go to school after their operation will complete.

But on the basis of their age factor, it is required for them of having psychological development that they will get only when they interact with outsiders.

However the doctors and hospital authorities of Niloufer Hospital, Hyderabad where both are admitted and their treatment are in processing, advised Veena and Vani‘s parents to bring them home for their social development.

But Parents are refusing to do same as per authorities. According to them they can not bear the cost of taking care of these twins.

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Bajaj Auto third quarter net up 19% yoy

Bajaj Auto 300x199 Bajaj Auto third quarter net up 19% yoyAs per the latest reports, the giant auto sector company, Bajaj Auto has recently announced its third quarter earning reports, showing a growth of 19.19 percent in net profit at Rs 795 crore in the quarter ended December last year.

In the same period of 2011, the company reports a growth of Rs 667 crore.

Bajaj Auto reports a growth of Rs 4840 crore for the quarter under review. However, a loss on derived hedging is announced as Rs 59 crore.

The major automobile company announced high sales of over 1 million units for the third successive time in a row, and reported a revenue of around Rs 5154 crore and export revenue of Rs1710 crore.

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Fiat inks deal to supply diesel engines to Maruti Suzuki

Italian car-manufacturer Fiat and Japanese car-developer Suzuki Motor Corporation has recently announced that the two companies have inked an agreement to supply Fiat diesel engines to India’s largest car company Maruti Suzuki.

In a joint statement released by the two companies, “Fiat India Automobiles Ltd (FIAL) will supply up to one lakh 1.3 litre MultiJet 75hp SDE engines per year to Maruti Suzuki India Ltd (MSIL) starting from January 2012 for a period of three years.”

The joint note issued saying that the engine will be installed on Suzuki labeled cars manufactured in India by MSIL for the local market.

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CWG Scam: Suresh Kalmadi gets bail from Delhi High Court

suresh kalmadi 300x255 CWG Scam: Suresh Kalmadi gets bail from Delhi High CourtAs per the latest news, Suresh Kalmadi has finally granted bail from the Delhi High Court.

Passed nine months in Tihar jail from 26 April2010 to till, now Suresh Kalmadi has left it after the Delhi High Court granted his bail today.

CBI arrested him on the case of corruption, conspiracy, forgery, misconduct under the Prevention of Corruption Act. Along with him another accused V K Verma has also granted by Court.

Kalmadi who was the chairman of the Organizing Committee for the Commonwealth Games alleged under poor organization for CommonWealth game as bounded in a contract with Swiss Times Omega for timing scoreboards system at an unreasonable cost of Rs 141 crore that causing a loss of Rs 95 crores.

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Yousuf Raza Gilani appears at Pakistan Supreme Court

Yousuf Raza Gilani 300x235 Yousuf Raza Gilani appears at Pakistan Supreme CourtThe Pakistan Prime Minister Yousuf Raza Gilani seems to be paying a high price in form of his parliamentary post for getting refused from reopening the grafts cases against President Asif Ali Zardari.

Last Monday, The Pakistan’s highest court Supreme Court issued a notice to Gilani to appear on 19 January for defining his reason of failing to re processing the money laundry cases against President.

In 2003 a Money laundering case of millions of dollars from Swiss companies was charged against Mr Zardari and his late wife, former Prime Minister Benazir Bhutto and when amnesty granted to them in 2007 by President Pervez Musharraf, and then Zardari’s government requested Swiss authorities to drop down the case.

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Shahrukh-Salman on Gautham Menon’s wish list

shahrukh salman 300x204 Shahrukh Salman on Gautham Menon’s wish listAs per the latest Entertainment News, Gautham Menon, who is busy with the making of Hindi version of Vinnaithaandi Varuvaayaa named as Ek Deewana Tha, seems to make a comeback in the Bollywood with high note.

The director, who earlier made his entry in Hindi Film Industry with Rehna Hai Tere Dil Mein, is now desiring to remake his other Kollywood super hit film Vettaiyaadu Vilaiyaadu in Hindi and reports have said that the filmmaker wants to have Bollywood King Shahrukh Khan and Bollywood Dabangg Salman Khan as the lead actors for his dream project, which originally played by Kamal Hassan.

In the meantime, it is already clear that the director would like to remake Vettaiyaadu Vilaiyaadu in Hindi.

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Inter-caste marriage baby can’t be denied quota benefits: Supreme Court

In India Inter-caste marriage got acceptance of public after a much struggling period.

There are many disputes over the marriage of one person of Upper caste with another that is from Scheduled caste.

While such dispute has resolved another one is proceed regarding the child of inter caste marriage couple.

As per source report, the apex committee of Supreme Court declared that under the inter caste marriage if Man is of Upper caste and Woman of SC/ST , then a child born of this couple cannot be permitted the right to reservations .

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Confirmed: Sunny Leone in Jism 2, says Mahesh Bhatt

As per the fresh Bollywood gossips, suspense clouds over adult-films star Sunny Leone debut in the Hindi Film Industry has finally comes to an end.

The well-known Bollywood filmmaker Mahesh Bhatt has recently confirmed that Pooja Bhatt has decided to cast Sunny Leone in Jism 2.

The filmmaker poster on his social networking site, Twitter, “Sunny Leone is the heroine of Pooja Bhatt’s JISM 2. Now watch this brave girl unfold her soul & rise higher and higher!,”

Meanwhile, Jism 2 is a sequel of 2003 released film, which had Bipasha Basu and John Abraham in the lead role.

Earlier, the Bollywood filmmaker had entered the Bigg Boss 5 house to officially offer the role to Canadian-born Sunny Leone who was then entered in the Bigg Boss 5 house as a competitor, it was a reality show featured on Colors TV.

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