India to make F1 debut in October next year

India will host its first ever Formula One Grand Prix on 30th October next year, the world governing body of the game FIA announced on Wednesday, ending the country's long wait to become a part of the F1 calendar. India will stage the 18th Grand Prix on the 20-race calender, released by the FIA after ...

Netherlands, Argentina reach in WC final

Reigning champions the Netherlands and host Argentina had narrow victories to reach the women's field hockey World Cup final. The Netherlands defeated England 4-3 in a penalty shootout after their semifinal was locked at 1-1 following extra time on Thursday. Hannah MacLeod gave England a 1-0 lead in the 56th minute before Maartje Paumen equalized in the ...

Domestic automobile sales continue to break record numbers with SIAM on Thursday stating that the total vehicle sold in the country during August at 12,63,293 units was the highest ever achieved in a month, bettering the mark set in July this year.

The industry had witnessed a total sales of 12,37,461 units in July this year. On the back of the continued robust growth, Society of Indian Automobile Manufacturers (SIAM) said auto sales will exceed the forecast it had made earlier this fiscal. The overall vehicle sold in the domestic market during August grew by 25.24 per cent from ...

The Reserve Bank has asked lenders to work out a special concessional package for the crisis-ridden aviation sector, reeling under financial debt burden of staggering 60,000 crore.

In response, banks said they would look into the problems of airlines on case-by-case basis. The Indian airline industry is facing mounting debts due to the economic downturn and resultant excess capacity, which still exists. Of late, the industry has been showing signs of recovery, which could gather pace if banks restructure loans. According to an estimate, the ...

The World Bank has approved a USD 220 million credit to support rebuilding efforts in areas affected by the devastating Kosi floods in Bihar.

The Bihar Kosi Flood Recovery Project will finance flood recovery efforts through the reconstruction of about 100,000 houses, 90 bridges and 290 kilometres of rural roads, the World Bank said in a statement. It also aims to reduce future oriented risks by strengthening flood management capacity, restoring livelihoods and improving the emergency response capability of the ...

Mexican marines have arrested seven gunmen suspected of participating in the massacre of 72 Central and South American migrants, the government has announced.

Four of the suspects were arrested after a 3rd Sept gunbattle with marines, and the other three were captured days later, spokesman Alejandro Poire said at a news conference on Wednesday. Marines alerted by a survivor who managed to escape the mass slaying found the bodies of the migrants 24th Aug at a ranch in the ...

The University of Cambridge, where several top Indian leaders including Prime Minister Manmohan Singh have studied, has been named number one university in the world in the 2010 QS World University Rankings.

Cambridge University has edged out Harvard to become the first non-US university ever to top the list. QS World University Rankings measure university research quality, graduate employability, teaching commitment and international commitment, using a combination of global surveys and audited data, including citation counts. The University was voted the best for research quality, as selected by more ...

In an upsurge of militancy in Russia’s Muslim dominated Caucasus, a suicide bomber rammed his car into a central market in Vladikavkaz, the capital of of North Ossetia, killing 15 people and wounding more than 100.

In one of the worst terror attacks in the volatile region, the attacker exploded his explosive-laden car near the gate of the market, the news agency quoted the local Emergency Situations Ministry. Officials said at least 15 people, mostly labourers looking for daily jobs, were killed on the spot including the suicide bomber and more than ...

Australia’s new parliament will meet for the first time on 28th September after last month’s election catapulted to power a minority government for the first time in 70 years.

Julia Gillard-led Labor party won the support of an Australian Greens MP and three independent lawmakers after protracted negotiation following the 24th August general election. Labor, which has 72 of the chamber's 150 seats, on its own needs the support of at least four crossbenchers to have its legislations approved by the lower house. For the first ...

US President Barack Obama is looking forward to his maiden trip to India in November, a senior administration official has said, describing the relationship between the two countries as “vitally important”.

"The President looks forward to his trip to India," State Department spokesman, P J Crowley, told foreign journalists at the Washington Foreign Press Center. "As we've said many times, it is a vitally important relationship to the region and to the world," Crowley said in response to a question. "The world's oldest democracy and largest democracy should ...

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