Home Minister P Chidambaram is India's new finance minister, while his cabinet colleague Sushilkumar Shinde will take charge of the home ministry, a Rashtrapati Bhavan communique issued on Tuesday said.
"The president, as advised by the prime minister, has directed that the portfolios of the following ministers will be re-allocated as follows - P. Chidambaram Finance, Sushilkumar Shinde Home Affairs," the statement said.
"Further, as advised by the prime minister, the president has also directed that M. Veerappa Moily, Minister of Corporate Affairs, will be assigned additional charge of the ministry of power," the statement added.
Shinde was holding the power portfolio.
Sahara, the owner of Pune Warriors India, has pulled out of the Indian Premier League, having failed to pay the full franchise fee for the current year
Actor Vindoo Dara Singh has been arrested by the Mumbai police in relation to the IPL spot-fixing case. The actor, who was detained by the Crime branch in Mumbai on Monday night was formally arrested on Tuesday morning.
On Tuesday, the Mumbai Crime Branch arrested Vindoo Dara Singh for his alleged links with bookies and inspired some hilarious tweets on Twitter
An all-party meeting in Hyderabad decided that AP government will seek review/clarification from the SC on its orders about the Babli project.
A fast track Delhi court hearing the December 16, 2012, gang-rape case on Monday dismissed the pleas of two accused seeking permission to undergo lie detector tests and also to subject the victim's male friend to a similar test.
An ugly sex scandal has made Phaneesh Murthy's employers show him the door yet again. Can the honcho bounce back like he did in 2003? Only time will tell.
A large collection of Mahatma Gandhi's memorabilia will go under the hammer on Tuesday in London.