Treasury says 10 of nation’s largest banks can repay $68 billion in bailout money

WASHINGTON — Ten of the nation’s largest banks were given the green light Tuesday to repay $68 billion in government bailout money, freeing them from restrictions on executive compensation that they say are making it hard to keep their top-performing executives.

Government may announce today which banks may repay billions in federal bailout dollars

NEW YORK — The government is set to announce as early as Tuesday morning which of the country’s biggest banks will be able to repay billions in federal bailout dollars in a decision that risks creating a two-tier banking system — winners and losers.

Police say Pakistani army joins citizens fighting Taliban in NW, sends helicopter gunships

ISLAMABAD — Pakistan’s military has dispatched helicopter gunships to the volatile northwest in support of thousands of angry tribesmen who have laid siege to a group of Taliban fighters, police said Tuesday.

Labor dispute between Providence, firefighters disrupts mayors conference in Rhode Island

PROVIDENCE, R.I. — A national mayors’ conference opening later this week was supposed to showcase Rhode Island’s capital city and draw top members of President Barack Obama’s administration, including Vice President Joe Biden.

Quitting the bailout: Strong banks stand to get stronger after repaying TARP money

NEW YORK — Banks have been eager to pay back bailout money almost since the moment they first accepted it. Now the government is deciding which banks can return the cash — at the risk of setting up a system of winners and losers in the process.

BJP campaign hurt JD-U: Sharad Yadav

NEW DELHI - Janata Dal-United president Sharad Yadav Sunday said there was a “difference between the pre-poll alliance and now” and added that the BJP election campaign hurt his party.

Novel TB test may provide results quickly, efficiently

WASHINGTON - A scientist has developed a new diagnostic test for TB, called Xpert MTB/RIF, which can provide results quickly and efficiently.

CAT for IIMs to go online from this year

NEW DELHI - Hundreds of thousands of students aspiring to get into the prestigious Indian Institutes of Management (IIMs) will now be answering the Common Admission Test (CAT) online from this year onwards.

Bollywood freshers go fat-to-fit to match A-listers

NEW DELHI - Sonam Kapoor, Adhyayan Suman, Jackky Bhagnani and Mimoh Chakraborty have something in common apart from their Bollywood connection. All of them once belonged to the league of overweight celebrity kids who cut the flab to enter filmdom and match the A-listers.

Mystery donor keeps handing checks to colleges; only common denominator is a woman president

The mystery college donor has struck again — this time at Binghamton University in New York, whose financial aid office phone started ringing off the hook as word of an anonymous $6 million contribution spread across campus.

Patil arrives in Spain, calls for strengthening forces of peace

Madrid (Spain) , April 20, 2009 (ANI): President Pratibha Devi Singh Patil on Monday called for strengthening the forces of peace soon after arriving in Spanish capital Madrid.

Climate change makes migrations longer for birds

WASHINGTON - In a new research, a team of scientists, led by Durham University, UK, have determined that bird migrations are likely to get longer, as a result of climate change.

No support to Congress, Third Front’s prospects bright: Karat

KOLKATA - Contrary to indications given by his party leaders, Communist Party of India-Marxist (CPI-M) general secretary Prakash Karat Tuesday ruled out supporting or aligning with the Congress after the Lok Sabha elections.

Sonia should apologise: Advani

THIRUVANTHAPURAM - Bharatiya Janata Party (BJP) leader L K Advani on Monday asked Congress President Sonia Gandhi to apologise for her critical remarks on the National Democratic Alliance (NDA) in a recent election meeting in Jharkhand.

Stem cells from human corneas may normalise vision

WASHINGTON - Stem cells from human corneas restored transparency when injected into eyes that were scarred and hazy, without triggering rejection, according to experiments on mice.

Maggot therapy and standard treatment have equal benefits for leg ulcers

LONDON - Maggot (larval) therapy for leg ulcers has the same health benefits and costs as a standard treatment for the problem, according to two studies.

Madonna’s toyboy gets cosy with a younger lingerie model

LONDON - Madonna’s alleged toyboy beau Jesus Luz may have invited trouble after being spotted getting cosy with a younger lingerie model at a party.

We cannot eradicate terrorism without Indian help: Sri Lanka

COLOMBO - Wholeheartedly welcoming the Indian medical assistance to the wounded war displaced civilians in the north, Sri Lanka Tuesday underlined the importance of India’s assistance in the fight against terrorism in the island nation.

G20 must take trade finance initiative: European Commission President

LONDON - European Commission President Jose Manual Barroso Monday called for a global push on trade finance after a meeting with British Prime Minister Gordon Brown here.

Bangalore takes on moral police through love on stage

BANGALORE - Those who think that the threat from Karnataka’s moral police brigade is going to deter people here from expressing their love for each other, take heart. Far from succumbing to the pressure, they are going to show their love on stage.

Majestic pagoda looms over Mumbai with message of peace

MUMBAI - Standing 325 feet tall, the building boasts of awesome dimensions, but what is more significant is that the Global Vipassana Pagoda comes as a soothing balm for the people of Mumbai which was ravaged by the Nov 26 terror attacks.

President, PM condole veteran filmmaker Tapan Sinha’s death

NEW DELHI - President Pratibha Patil and Prime Minister Manmohan Singh Thursday condoled the death of veteran film director Tapan Sinha.

Delhi, Dhaka to resume river water sharing talks

DHAKA - Bangladesh will resume after more than three years talks with India on sharing of river waters in order to augment water availability and prevent erosion.

I was caught in the 26/11 mayhem: Bipasha Basu

MUMBAI - Bipasha Basu was caught in the mayhem that engulfed Mumbai Nov 26, though she chose to keep quiet about it until now. Why? ‘I feel vulnerable and helpless,’ the actress said, adding that the mass movement that has been witnessed after the terror strike has been effective.

2008 a year of turbulence, strife for Pakistan (Yearender-9)

ISLAMABAD - The year set to end was one of turbulence for Pakistan, with a virtual war between Islamist militants and the government taking a huge toll and inviting comparisons with failed states.

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