Tuesday, January 22, 2008
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Deccan Herald » News Updated at 6:00 pm IST 

MARKET MAYHEM: FM's statement has positive impact

Sensex rebounds in pre-closing trade 
The 30-share Sensex, which plunged by 1,408 points yesterday due to fears of a recession in the US, further tumbled by 2029 points at open today prompting suspension of trade for one hour. A reassuring statement about the economy's health from Finance Minister P Chidambaram today arrested the stock market slide and the benchmark Sensex recouped by 1,367 points from the day's low of 15,332.42 at 1315 hrs
Stay calm, Finance Minister to investors
Bush's plan fails to reassure world markets
Amid fears of a US recession, President George W Bush's attempt to revive the world's biggest economy was greeted with heavy skepticism on Tuesday as markets tumbled across the globe.

No bird flu among humans, says Govt
Union Health Minister Anbumani Ramadoss told reporters says, "To date we have not got any confirmation for that (bird flu affecting humans)."
Clinton, Obama clash at debate gets personal
The statements and exchanges between Hillary Rodham Clinton and Obama were unusually acrimonious and personal. Clinton accused the Illinois senator of representing a Chicago slumlord and Obama countering that she had been a corporate lawyer for anti-union Wal-Mart.
NZ bids farewell to Edmund Hillary
About 500 New Zealand and international dignitaries, including Indians, joined the Hillary family at a state funeral in St Mary's Anglican Church in this northern city, while thousands gathered at big screen venues  all over the country to pay respects to Sir Edmund Hillary.
KARNATAKA
Vehicle strike likely to be called off 
The strike by commercial vehicle owners in Karnataka is likely to be called off as transport department officials in several districts of the state had begun to issue fitness certificates to them.
Paryaya chief to implement development projects
Satyam to become 1st Indian company to list on Euronext, NYSE, NSE
A Euronext listing is a significant and exciting move for Satyam. Europe is a dynamic and growing market and our listing will demonstrate our  commitment to the region, Satyam chairman Ramalinga Raju said.
Orissa coast: Graveyard of olive ridley turtles
Osama's son wants father to give up violence
Next target was US consulate: Teenage militant
Aitezaz Shah, the 15-year-old who was trained as a suicide bomber, told officials that he had been asked to attack Bhutto in Karachi in case she escaped the bid on her life in Rawalpindi.

MATCH FIXING
AITA to conduct inquiry into Hesh claims
"AITA is clear that Davis Cup is absolutely clean...," a statement issued by the apex body for the sport in the country said. "Since Bhupathi is a senior player, we have to look into the claims," AITA Secretary General Anil Khanna said.

Stock traders react as they watch their screen at a local brokerage firm in Mumbai on Tuesday. Shares were down more than six percent in mid-day trade amid a global selloff on fears of a US recession. AFP
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TODAY'S PRINT EDITION

Front Page Stories
Investors lose Rs 6 lakh cr on manic Monday
Talks with truckers fail
Brown wants greater role for India in UN
Namma Metro set to shrink Lalbagh
IN BRIEF
NEWSCROLL
Regional filmmakers wooing metro audiences
Saif Ali Khan and 'Parikrama' to perform in Kolkata on Jan 25
Paryaya chief to implement development projects
Dirty is healthy, says scientists
'More than 5,000 foreign sex workers caught in Singapore'last year
Food poisoning may result in long term health problems
STOCK MARKETS
BSE 16,729.94 -875.41
NSE 4,899.30 -309.50
Jan 22, 2008 at 4:00 pm

Carla Bruni not coming with French President
The Indian government had been awaiting word from the Elysee palace on whether the former supermodel would be part of the French delegation.
Live life to the full, says Dev Anand
Though a certain amount of discipline in food habits and physical regimen are needed, the most important factor is "your outlook, the way you think", the flamboyant actor, said.
Search for excellence outside academics
Hosted jointly by Air India and Deccan Herald, the Rank Award is for students while the Bolt award is for teachers.
INDIA-AUSTRALIA CRICKET SERIES:
Team unaffected by Ganguly ouster: Dhoni
"I think it has affected journalists more than it has us. We are back in the practice session, we trained in the morning, it has not affected us anyway," said a defiant Dhoni on whether the team's preparation for the crucial fourth and final Test had been disrupted by the supposed disharmony after the Ganguly ouster.
Vengsarkar defends ODI team selection 
"We have to look ahead. What is the point in picking up some players whose career would last just a couple of years?," Vengsarkar who was here for a function, told reporters.
Robin Singh backs selectors' move
"Along with the batting experience, fielding is really important and it is a big asset in the Australian conditions. In fielding, our younger guys were much better...'' Robin said.
 

India's Mahendra Singh Dhoni (L) and Virendra Sehwag wait for their turn during practice session at Adelaide.
British Prime Minister makes strong case for knighthood for Tendulkar
A combination picture shows India's
Irfan Pathan (L), Rudra Pratap Singh (C) and Ishant Sharma (R) bowling at nets.
We will be back to our aggressive ways: Jacques
We will approach it as we always approach a game, that is to play it hard. We will be trying to be as aggressive as possible without crossing the line," opener Jacques said.
Hayden challenges India to win in Adelaide
Australian opener Matthew Hayden has challenged India to prove their claims of superiority in the fourth and final cricket Test in Adelaide. aDELAIDE.
SO SAYS MATTHEW...
''Our challenge is to bat like we know we can, and that means doing nothing different, the same things we do day in, day out leading into every Test.''
''I would say there is no other side in the world that comes close to us when we are playing our best.''
''We have had a little glitch in the radar. I don't suspect that will be in our mindset in preparing for this Test.
''Ultimately, we are still 2-1 up in the series, so I am not sure we are bottom-dwellers just yet. We have a very talented side. It is unbelievable. A week ago cricket was boring because Australia was so dominant...''
Australians not driven by arrogance: McLean
Gavaskar operating with conflicts of interests: Morgan
Bucknor to continue  for another year
Without aggression Australia lack the edge: Warne
''...Sport is about passion and attitude and knowing yourself. Australia play best when they get in the face of the opposition and are very aggressive," Warne wrote in his column.
Cooley impressed by Indian seam attack
Cooley, who was England's bowling coach for the 2005 Ashes, said Adelaide pitch was predicted to be spin-friendly but reverse swing would be possible there. "Here (in Adelaide) it does swing a bit. Shaun Tait does it and you can get a bit of reverse as well. But it's more of a bang, hit the wicket (pitch) here," he was quoted as saying by 'The Age'.
Hogg should mix up his pace: Jenner
In Sydney, he bowled too quick... I thought he bowled consistently too quick. He just needs to mix his pace up a bit, that's all," Jenner said.
Spin guru Terry Jenner with Shane Warne 
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    There are reports that suggest extension of the President's Rule in Karnataka. Is that a right move or should the elections be held sooner?

    Readers were invited to express their opinion. Most felt that the polls should be held preferably in April or May, in the interest of democracy so that the BJP may be given a chance to form the government. Some readers said that the elections should be deferred as no party has a majority and another coalition government would be a big mistake.
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