The landmark nuclear deal betwenn India and the Us has been sealed with both the countries signing the 123 Agreement in Washington on Friday.

 

Calling it a significant day, India's External Affairs Minister Pranab Mukherjee said that the nuclear pact is also a step towards India's cooperation with the rest of the world in the area of civilian nuclear energy.

 

"It enables India to respond with her global partners to the challenges of climate change and global warming by strengthening her own economic growth and sustainable development," he pointed out. The signing of the deal is also believed to strengthen the Indo-US alliance.

--MP

Former Indian captain and cricketer Sourav Ganguly announcing his retirement has said that the upcoming series against Australia would be the last one.

 

He also said that he was surprised with his selection in the squad."I have spoken to my teammates that these four Tests would be my last matches. Thanks for all the support, hopefully I will go out on a winning note," he said in a press conference.

--MP

With inflation touching below 12 percent, the Central Bank has cut down the cash Reserve Ratio by 50 points on Monday. RBI has revised the CRR to 8.5 pc which will come into effect from Oct 11th.

 

The relaxation in the banks's tight monetory measures comes in the wake of the slight moderation in the inflation levels. This expected to come down further and the RBI's move is aimed to bring in more funds to the financial system.

--MP