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India to buy 10 C-17 heavy-lift aircraft from US
US defence major Boeing today said India was planning to buy 10 C-17 Globemaster heavy-lift aircraft and the US government has received a "Letter of Request" in this regard.

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More funds for expansion of IITs, NITs
The human resource development ministry has decided to keep its Budget allocation demands within the limits of what it had made in the Interim Budget, especially in the case of primary education.

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Govt opposes flight suspension by pvt airlines
With private airlines suspending operations on August 18, the government today said it does not support any move to inconvenience the travelling public and asked the carriers to engage in a dialogue.
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US markets ended on a positive note; Dow Jones up 1%

The Dow Jones industrial average advanced to its highest close in 14 months on Tuesday as a weak dollar boosted natural resource companies" shares and economic data reinforced hopes for a sustainable recovery. - Markets spurt on positive global cues; auto, pharma, metals lead - Dubai World in talks to recast $26 billion debt - Dow gains as Dubai debt woes eases - US markets close weak - US markets end in the positive - Bull run in commodities may continue The Dow Jones industrial average shot up 127 points (1.23%) to end at 10,471.58. The Nasdaq Composite Index advanced 31 points (1.46%) to close at 2,176. All the Indian ADRs ended on a positive note. Tata Motors zoomed 11% to $15.9. Sterlite soared 4% to $19.07 and Genpact zoomed 3.5% to $13.45, respectively. MTNL and Dr Reddy"s advanced over 3% each to $.35 and $24.98, respectively. Wipro and Mahindra Satyam added over 2% each at $20.47 and $4.4, respectively.


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