The decision means Obama will no longer depart on Saturday for what had originally been a four-nation, week-long Asia trip. He had canceled visits to Malaysia and the Philippines earlier this week because of his budget struggle with Republicans in Congress.
In a big blow for cosmetics major Johnson & Johnson, its appeal was overturned by the Maharashtra State FDA minister.
While the Government's cancellation of the bond auction came as a surprise, the bond market may see 7.7% yields if it closes below 7.8% believes Neeraj Gambhir, managing director and co-head, Nomura.
The bond markets are expected to see a sharp upmove after the government reduced its FY13 borrowing programme by Rs 12,000 crore. Volumes however could be thin due to the 2-day strike beginning today, reports CNBC-TV18‘s Latha Venkatesh.
London's Heathrow Airport cancelled a fifth of flights on Sunday and airlines scrapped 40 percent of flights to Paris's main airports as snow continued to blanket parts of Europe, with more forecast.
Kingfisher Airlines today cancelled over 30 flights from Delhi and Mumbai due to a strike by a section of its employees protesting non-payment of salary. While 22 flights of the airline were cancelled from Delhi, nine were cancelled from Mumbai, sources said.
Air India cancels four flights
Air services of cash-strapped Kingfisher airlines were badly hit today with almost half of its flights from major metros cancelled or delayed, causing hardship to passengers and prompting aviation regulator DGCA to contemplate action against the beleaguered carrier.