The Reserve Bank of India on Monday kept the repo rate and the cash reserve ratio unchanged at 8.0 per cent and 4.75 per cent respectively, dashing market hopes of a 25 basis point cut.
Sources say APJ Abdul Kalam is under pressure from TMC chief Mamata Banerjee and the BJP.
The RBI said the recent inflation data did not give leg room to cut rates and that there were renewed concerns over solution to the Eurozone crisis.
Fears of a Greek exit from the Eurozone have receded, as the pro-bailout conservative New Democracy Party has won the Parliamentary elections.
Trinamool Congress sources say a specific diktat has been issued to the party MPs and MLAs to ensure no cross voting
The French diplomat's Indian wife has accused him of raping their three-and-a-half-year-old daughter.
Legend has it that when the village was attacked by the British, the villagers hid in tobacco fields to save their lives and swore never to use or burn it.
The doctor couple had been running a thriving sex determination and illegal abortion racket in Beed for close to two decades.
Meanwhile, Prime Minister Manmohan Singh, who is in Mexico to attend the G20 Summit, said that it was up to Group of 20 to bring the world out of the financial mess.
A divided opposition NDA has been unable to reach a consensus on a candidate to take on the UPA's choice Pranab Mukherjee.
Meanwhile, the Shiv Sena on Sunday met in Mumbai and authorised Bal Thackeray to take a final decision on the President's candidature.
NDA spokesperson Shahnawaz Hussain said that they will take a final call on President's candidature only after consultations with the chief ministers of the NDA ruled states.
Congress general secretary Digvijaya Singh said all efforts have been made to console Mamata Banerjee and accept her tantrums.
Former Chelsea striker Didier Drogba said that the greatest achievement in his career was to win the Champions League trophy with the Blues last season.
The world No. 5 Indian beat Xuerui Li of China 13-21, 22-20, 21-19 in the summit clash on Sunday.
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