Inflation report trips Nasdaq
The U.S. stock market suffered a history- making collapse that shook professional and armchair investors alike on Friday.

Shake up finance system: G-77
Representing 80 per cent of the world's population, leaders of developing nations have called for a new global human order to spread the world's wealth and power.

Kishan Kumar arrested
Film actor Kishan Kumar has been arrested by officers of the Enforcement Directorate for allegedly violating provisions of the Foreign Exchange Regulation Act (FERA) by conducting transactions through ``hawala'' channels.

Betting may be legalised: Dhindsa
With match-fixing casting a shadow on cricket, the Government might consider making betting on the game legal to minimise the mischief potential of manipulators, the Sports Minister, Mr. Sukhdev Singh Dhindsa, said today.

Cook visit may 'defreeze' defence ties
The British Foreign Secretary, Mr. Robin Cook, who arrived here today, will prepare the ground for ``defreezing'' of Indo-U.K. defence ties hit after the Pokhran nuclear tests besides strengthening cooperation to combat cross- border terrorism.

Rushdie here to begin new chapter
Back home after 12 years, the Indian-born winner of the Booker of Bookers, Salman Rushdie, appears to be in no hurry to leave the country. Here for the past eight days, he has plans to stay put for some more time but refuses to divulge details about the length of this visit or his plans while in the country.

12 villagers massacred in Tripura
In the biggest attack this year, tribal guerillas today massacred at least 12 villagers and wounded seven at Khas Kalyanpur in West district, a fortnight before the Tripura Tribal Areas Autonomous District Council elections.

Big RDX haul in J&K
In the biggest haul of RDX in Jammu and Kashmir in two years, Army troops recovered, from a downtown house, 105 kgs of the explosives meant for targeting Government officials and offices, a senior Army officer said here today.

50 killed in Kinshasa airport blasts
A series of explosions at Kinshasa airport on Friday, triggered when an ammunition shipment caught fire, killed at least 50 people and injured 216, morgue and aid officials said today.