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Thursday 17 May, 2012.

The rupee tumbled 67 paise to all-time low of Rs 54.46 against the US dollar on the forex market during the midsession on Wednesday on increased capital outflows and strong demand from importers.


Cannot close option of nuclear power: PM
Strongly favouring nuclear power, PM Manmohan Singh has said there would be no compromise on safety of atomic plants and it would be harmful to close the additional source of energy.
CBI raids Yedyyurappa, kin's residences
In more trouble for beleaguered former Karnataka Chief Minister B S Yeddyurappa, CBI on Wednesday raided his and his family members' residences and two mining firms as it launched a probe into his alleged role in illegal mining in line with a Supreme Court directive.

Greece faces second election in less than two months
Debt-stricken Greece on Wednesday faced the prospect of a second election in less than two months after failing to form a govt, stoking the eurozone crisis even as France and Germany pledged support and perhaps help for growth.
Mary Kom loses in quarters, Olympic berth in fate's hands
Indian woman boxer M C Mary Kom's Olympic ticket will be decided by fate now after she lost in the quarterfinals to world number two Nicola Adams in the World Championships in Qinhuangdao, China on Wednesday.


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Cannes film festival curtain up with comedy, chaos
Comedy will dominate the opening of the Cannes film festival on Wednesday, with Wes Anderson's child fantasy "Moonrise Kingdom" in a tussle with Sacha Baron Cohen's anarchic alter ego General Aladeen for the attention of the world's media.
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