A Mumbai court has awarded capital punishment to five convicts in 2006 local train serial blasts case in which 188 people died and more than 700 got injured. The court while announcing its verdict today also awarded life term to 7 convicts.
India's Central bank, the Reserve Bank of India (RBI) has cut key interest rates by 50 basis points. The RBI while announcing this major rate cut today after its fourth bi-monthly monetary policy review said that conditions were conducive for this step.
Congress leader Sonia Gandhi's term as party president has been extended by one more year. Congress Working Committee (CWC) while taking this decision today also put a full stop on the speculations that Rahul Gandhi would be given party's charge this year itself. But, to ensure that this decision does not have any negative impact on Gandhi scion's image, CWC along with Sonia Gandi gave him all credit for the withdrawal of Land Ordinance Bill.