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Bhutto's killing may affect Indo-Pak talks: Gen Sinha

Jammu, Dec 28 (UNI) Jammu and Kashmir Governor Lt Gen (Retd) S K Sinha today said the ongoing peace process between India and Pakistan would certainly be affected following the assassination of former Pakistan Prime Minister Benazir Bhutto.

Talking to mediapersons on the sidelines of a function, the Governor described the situation in Pakistan as ''very shocking and grave'' and expressed the hope that the people of the neighbouring country would come out of the sordid phase soon.

Asked whether Bhutto's killing would have any bearing on the ongoing talks between India and Pakistan, Gen Sinha said the incident would certainly affect the negotiations.

However, he said, ''The situation in Pakistan will have no bearing on the peace process within our country ( between the government and the people of the state).

He exuded confidence that the people of the sub-continent would strive for bringing about peace and defeat the cult of terrorism.

UNI

Silver and gold closes at nine week high

Mumbai, Dec 28: The precious metals today ended at a nine week high with Silver rising modestly by Rs five per kg and Gold by Rs 95 per ten gm from their last close on sustained good festival demand by ornament makers along with encouraging advice from global markets, traders at the Bombay Bullion Association (BBA) said. Following are the closing rates of spot Silver and Gold: Silver (per kg) 999 fineness grade : Rs 19,365 (19,360) Gold (per.....

Rupee ends flat at 39.41per USD

Mumbai, Dec 28: The Rupee today ended flat against the US Dollar at 39.41/42 from its previous close amid choppy trade in the market on weak global cues. The partially convertible Indian currency traded in a tight range band of 39.42 and 39.47 per dollar in less active interbank foreign exchange (Forex) market, following the assassination of the former Prime Minister of Pakistan Benazir Bhutto that triggered geo-political worries in the Asian region, dealers said. European, Asian as well as.....

Entry fee for telecom licence needs revisit: Mishra

New Delhi, Dec 28 (UNI) The Telecom Regulatory Authority of India (Trai) today said the entry fee for new licences in the telecom sector should be increased as it is not reflective of a true market price In an interview to a business channel (CNBC TV 18) Trai Chairman Nripendra Mishra said it is time to think about revisiting the prices discovered in 2001 auction. Mr Mishra said the current entry fee is about Rs 1,651 crore and this price was.....
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