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risk of 1930s like Great Depression: Rajan

london: Warning that the global economy is on the brink of a situation similar to the Great Depression of the 1930s, RBI Governor Raghuram Rajan has asked central banks from across the world to define “new rules of the game” to avert a repeat of the recent global financial crisis. “I do worry that we are slowly slipping into the kind of problems that we had in the thirties in attempts to activate growth,” Rajan said at a london Business School conference.

Heavy rainfall kills 81 in Gujarat

Ahmedabad: At least 81 people have died in Gujarat over the past four days in the heavy rainfall which has created flood-like situation in many areas of the State, officials said.

‘rainwater could help Indians save rupees’

Washington: Collecting rainwater for vegetable irrigation could reduce water bills, increase caloric intake and even provide a second source of income for people in India, according to a new study by scientists looking at NASA satellite data.

Mangalyaan may last ‘many years’: Isro chief

Bengaluru: The country’s low-cost Mars mission spacecraft that is in a rendezvous with the red planet for an extended period has enough fuel for it to last “many years”, Indian Space Research Organisation chairman Kiran Kumar said on Friday.

Delhi to move HC to restrain ‘ACB chief’

New Delhi: Delhi Government on Friday decided to move the High Court seeking direction to restrain lt Governor’s appointed Anti-Corruption Branch chief MK Meena from allegedly trying to hamper the functioning of the anti-graft body.