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Ku Klux Klan cartoon in Indian paper angers Australia
A cartoon in a Delhi newspaper, which allegedly depicted a Victoria policeman as a member of hate group Ku Klux Klan in the wake of attacks on Indians, has sparked an outrage in Australia with acting Prime Minister Julia Gillard condemning it as "deeply offensive".

PM leaves for four-day US visit
Prime Minister Manmohan Singh left for Washington today for talks with President Barack Obama, saying India attaches “high priority” to its relations with the US and a “sustained and dynamic” partnership between them is essential to meet major global challenges like terrorism, climate change and economic slowdown.

News of the day

Simbhaoli Sugars back in black with Rs 72 cr profit
Simbhaoli Sugar reported profit of Rs 71.9 crore in the second quarter of financial year 2010. The company has made a loss of Rs 29.1 crore in the corresponding quarter last year.
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Govt to review food price situation on Tuesday

The Cabinet Committee on prices will meet on Tuesday and is likely to consider various options to curb rising inflation and keep essential commodities from spiralling further. - Amar Singh defends Pawar on price rise issue - Food inflation eases to 18.2% - Food inflation softens to 18.22% - Banks may duck impact of rising yields - Should RBI raise interest rates? - No monetary tightening expected: Basu Food inflation stood at 18.22 per cent during the week ended December 26, 2009. Prices of metals, basic raw material for industry, have also shot up in the last 45 days. To reverse the rising trend, the Cabinet Committee on Prices (CCP) to be presided over by Prime Minister Manmohan Singh may explore options like easing imports of essential commodities. Containing sugar prices, which have more than doubled over the last one year to Rs 45 a kg in the retail market is among the major concerns for the government. The government has put a virtual ban on sugar exports and liberalised import of several steel items. The rise in prices is worrisome as it is feared it may lead to hardening of interest rates and could hit economic recovery.


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