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Tuesday, October 25, 2011

The Times of India Daily Newsletter

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October 25, 2011

Top Headlines

RBI hikes key rates again; home, auto loans set to get costlier
The RBI on Tuesday hiked repo rate by 25 basis points. It said likelihood of rate action in December mid-quarter review was "relatively low".

Multi-crore MNREGA scam in UP, says Jairam Ramesh
The rural development minister shot off a letter to Mayawati citing a huge scam in the MNREGA scheme in UP and warned of a CBI inquiry if no action was taken.

Grenade blasts rock Srinagar, 2 CRPF personnel injured
A day after chief minister Omar Abdullah's meeting with high level central team, militants hurled hand grenades at two places in Srinagar city.

Cities

Bank locker turns deadly gas chamber for guards in Kolkata
Two security guards of a bank suffocated to death inside a locked currency room in the wee hours of Monday when generator fumes turned it into a gas chamber.

Summer of joy for B-school pupils
Brushing aside fears of a possible economic slowdown , students of a leading B-school here have managed to bag 100% summer internship placements.

Business

Rupee gains 7 paise against US dollar in early trade
The rupee strengthened by 7 paise to Rs 49.75 against the US dollar in early trade on the Interbank Foreign Exchange, boosted by higher openings in the stock market.

Sensex plummets as RBI lowers growth estimate, hikes rates
The BSE benchmark index fell sharply after the RBI in its 2nd quarter policy review lowered growth estimates for the current fiscal, while hiking the repo rate by 25 basis points.

Sports

Dhoni one of the best finishers in ODIs, says Bevan
Former left-hand batsman Michael Bevan was known as "the finisher" in Australian cricket for his ability to finish one-day internationals. Excerpts from an interview with TOI...

Ind vs Eng: Meaker dismisses Tiwary as India struggle
Steven Finn and Tim Bresnan struck to get rid of three key wickets in the form of Gambhir, Kohli and Rahane in the fifth ODI at the Eden Gardens.

Entertainment

Burning crackers is burning money: Shilpa Shetty
Shilpa Shetty is against burning crackers since the past few years. The actress who used to enjoy the activity as a kid, now refrains herself from doing so.

Shah Rukh gets emotional prior to Ra.one release
The actor had a special trial of his film in Mumbai before he left for Dubai and the privileged few who got to see the film, have liked it.

Infotech

WikiLeaks suspends operations due to cash crunch
WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial "blockade"...

Steve Jobs advice to Tim Cook
When Apple Inc CEO Tim Cook took the microphone at a memorial tribute to Steve Jobs last week, he shared a piece of advice Jobs gave him before his death on October 5.

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