The Allahabad High Court ruled on Thursday afternoon that the holy land at Ayodhya should be split in three, among the Hindu Mahasabha, Nirmohi Akhara and Sunni Central Waqf Board. The status quo will remain for three months, and called for all three claimants to submit suggestions as to how the land should be demarcated. The case is expected to go to appeal. In 1992 when Hindus burnt down the Babri Masjid that was built at Ayodhya, the ensuing riots claimed the lives of 2,000 people. Read more: Hindustan Times, Bloomberg, via BusinessWeek
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