Oil little moved near $77, lower shares weigh | ADB raises Asia's GDP forecast to 7.9%; retains India's at 8.2% | Inflation to fall to 5-6 pc by December end: Govt | Corporate bigwigs to map out route for financial inclusion |
Troubled Galaxy Destroyed Dreams, Chapter 524
Palash Biswas
New Delhi, July 20 -- Upset over the Opposition's outcry over Monday's mishap, Railway Minister Mamata Banerjee may advance her plans of quitting.
Party sources said Banerjee might hasten her exit plans to concentrate full time on Bengal politics ahead of the May 2011 assembly polls. Stung by remarks by CPI(M), RJD, LJP and the BJP that she choose either 'Bengal or Railways', Banerjee was pushed to reconsider her decision to wait till November-December to quit. But by evening, she had not made up her mind on what she should do.The message from the Centre was that her offer to quit would not be entertained at this juncture just as Civil Aviation Minister Praful Patel's offer to quit wasn't accepted after the Mangalore air crash. Banerjee conveyed to her party leaders she did not want to stick on to her chair in the face of the Opposition's attack. But her party leaders told her she must not act in haste.
Party sources said Banerjee was concerned that following the mishap, the Left had got another opportunity to corner her during the monsoon session of Parliament next week. She didn't want the UPA government to face the brunt of attack because of her, sources said. Banerjee was earlier planning to quit by the year-end to give herself a few months' time to concentrate on her mega battle against the Left.
Her party cadres who are preparing for the July 21 martyrs rally, were dampened by the news of the mishap. Banerjee has invited Mukherjee and other Congress leaders to share the dais. The Congress, on its part, wants Mamata Banerjee to hand over the portfolio to her party colleague if she wants to devote her time towards preparing for the assembly elections.
The party is worried that frequent train accidents would not only affect its image but of the UPA government as well. "Any decision has to be taken by Banerjee herself," a senior party functionary said.
Finance Minister Pranab Mukherjee dismissed suggestions that Banerjee's absence from her Ministry was the reason for recurrence of train accidents
Unacceptable, Mamatadi
20 Jul 2010, 0720 hrs IST,ET Bureau
The tragic rail incident in West Bengal, the second one in two months, is an appalling reflection on the standards of safety in the Railways, and on
the quality of the organisation's leadership. Human error and mechanical failure are being cited as the cause for the Uttar Banga Express to ram a stationary train.
The anti-collision device (ACD), devised by Konkan Railways and already commissioned in the North-east Frontier Railways, is meant to prevent an accident like the present one, of a train ramming into another train. ACD units in locomotives and the rear guard cabin are tracked by global positioning system satellites, and they communicate with stationary ACD units installed at stations and along the track, and whenever the sensors judge that two trains are within a range of 3 km of one another, they automatically trigger the brakes. Why on earth cannot the Railways deploy ACD on all its trains and in all its divisions is a question that has no rational answer in a mental framework that sets a premium on safety.
A callous attitude towards the loss of life of citizenry is unacceptable, given the sheer scale of Railways' operations: 9,000 passenger trains run on the network carrying over 18 million passengers every day. The Railways also need to levy realistic user charges that would sustain investments, including in safety. Around Rs 16,500 crore was spent on improving safety between 2001 and 2008. However, the goal of renewal and replacement of overaged assets and safety enhancements has not been achieved. More investments are needed to improve infrastructure and mechanise signalling and track switching systems. Safety also means ensuring driver vigilance and using alternative warning systems. Better resource allocation and efficient implementation of safety mechanisms would contribute to creating a culture of safety. The Railways is also an important organisation that cannot run on auto-pilot.
http://economictimes.indiatimes.com/opinion/editorial/Unacceptable-Mamatadi/articleshow/6189654.cmsWelcome takeover proposals
So, one fallout of the proposed takeover norms, if they are adopted, could well be to further accelerate reform of the debt market. The suggested norms, open for public comment at present, change the threshold level at which an open offer is triggered, the size and price of the open offer and, in the process, also facilitates delisting of the acquired company. The threshold level is proposed to be raised to 25% from the present 15%.
Anyone who controls at least 25% of a company's shareholding wields the power to stop special resolutions, that is, acquires negative control. Raising the threshold for triggering an open offer to the level that grants negative control is likely to have major implications: a rally in the stock prices of companies where entities hold sizeable stakes close to the current trigger threshold of 15%; and rise in the quality of corporate governance. Raising the open offer volume to 100%, allowing conditional open offers and providing for delisting, if the acquirer's holding goes above the delisting norm after the public offer, are significant positive changes.
The last facilitates leveraged buyouts, making the financing of takeovers easier. The pricing norm revisions would ensure that minority shareholders of the target company would not be cheated out of the price obtained by the strategic holders whose sale of shares triggers the public offer, even when they pass off part of their price as compensation for agreeing not to compete for a period.
The proposals also bring out the haziness in extant regulation such as the gap between the minimum public holding threshold for a listed company (75%) and the delisting threshold (90%). We need speedy adoption of the suggested reform, to raise overall levels of efficiency.
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Posted: 20 Jul, 2010, 1734 hrs IST
http://economictimes.indiatimes.com/News/News-By-Company/articlelist/2143429.cms
RBI to eye inflation causes to decide policy!
DTC, GST Bills likely in Monsoon session: Revenue Secy
The government on Tuesday said the direct taxes code (DTC) Bill and a constitutional amendment bill to implement the goods and services
tax (GST ) are likely to be introduced in the Monsoon session beginning next week.
"It is our expectation that both the constitutional amendment bill and DTC Bill would be introduced in the Monsoon session," revenue secretary Sunil Mitra told reporters on the sidelines of a CII seminar in New Delhi today.
Finance Minister Pranab Mukherjee in his budget speech in February had said the Centre would endeavour to introduce both GST and DTC from April 1 next.
Mukherjee is scheduled to meet state finance ministers tomorrow to discuss the constitutional amendments needed for rolling out GST, which will replace excise duty and service tax at the Central level and value-added tax at the state level, besides surcharges and other local levies.
"On GST, we are having the meeting of empowered committee tomorrow. The basic thrust is the IT system. Nandan Nilekani (the UIDAI chairman) will make a presentation tomorrow. And we need key decision on a common portal on PAN-based registration," Mitra said.
Answering a query on the rates to be levied under GST, he merely said, "GST rates should be revenue-neutral."
He said changes in the DTC Bill from what was proposed in the first draft is possible until it goes to Parliament."Until the DTC goes in the form of legislation in Parliament there is always scope to consider issues," Mitra said.
The finance ministry has come out with revised draft of DTC and addressed the issues related to minimum alternate tax, taxing of long-term savings like provident funds in it.
The DTC is expected to replace the five decades-old Income Tax Act to make the direct taxes simpler to understand and have less exemptions and a taxpayer-friendly regime.
Market
Bullish on Indian markets vs China: Stephen Pope
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See India growing at 9-9.5% this year: Sailesh Jha, Jefferies
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Boeing's 787 makes international debutBoeing Co's highly anticipated 787 jetliner made its international debut on Sunday, landing in England as the star attraction at the Farnborough International Air Show.
How India became a space superpowerThe journey of India's truly indigenous space programme began on February 22, 1969 when it launched a 'pencil' rocket from Thumba.
Taj voted most popular destination in AsiaTaj Mahal, one of the seven wonders of the world, has emerged as the winner of a poll for the most popular Asian destination.
Top 5 on Forbes' 2010 Celebrity 100 power listWomen claimed three of the top five spots in Forbes' magazine's 2010 Celebrity power list. Talk show host Winfrey earned an estimated $315 million, by topping the list for the fourth time.
India's inflation is no longer confined to food items, Finance Minister Pranab Mukherjee said on Tuesday. Mukherjee said inflation was a
matter of concern but food inflation was likely to moderate after the summer harvest.On the other hand,Buoyed by rising exports and impact of stimulus packages on Asian economies, the Asian Development Bank today raised the growth prospects
for the region to 7.9 per cent, but retained the forecast for India at 8.2 per cent for 2010.
While the Indian economy is on track to grow at 8.5 per cent in the current fiscal year that ends in March 2011, it is grappling with a double-digit headline inflation.
At 10.55 per cent, India's annual wholesale price inflation in June remained above 10 per cent for the fifth straight month and financial markets widely expect India's RBI to raise interest rates by 25 basis points at its scheduled policy review on July 27.
Meanwhile,Oil was little changed on Tuesday, pressured by declines in European stock markets but supported by expectations that US industry data due
later in the day would show a fall in crude inventories.
Inflation to fall to 5-6 pc by December end: Govt
Buoyed by the prospects of a good monsoon, the government today said inflation would halve to 5-6 per cent by December end and the
economic growth would accelerate to 8.5 per cent during the current fiscal.
"With a good monsoon and good crop, inflation will certainly fall. Experts are saying that inflation will be 5-6 per cent by year end...I don't have any reason to disbelieve it," Cabinet Secretary K M Chandrasekhar told reporters here.
The overall inflation, which is in double-digit for last several months, was 10.55 per cent in June.
As far as food inflation is concerned, he said, "over the last 3-4 months we have been able to maintain prices at stable levels. Price have more or less stabilised."
On growth prospects, he said, "We are estimating something like 8.5 per cent growth". Indian economy grew by grew by 7.4 per cent during 2009-10.
Following the global economic crisis, the growth rate slipped from over 9 per cent to 6.7 per cent during 2008-09. The economy, however, started picking up following the stimulus packages given by the government and the Reserve Bank to boost demand and increase liquidity.
When asked about the International Monetary Fund's projection of 9.5 per cent, he said, India can even achieve 10 per cent growth in the near future.
On fiscal deficit, he said it could fall to below the budget estimate of 5.5 per cent because of high non-tax revenue receipts.
The government received over Rs 1 lakh crore from sale of spectrum against the original estimate of Rs 35,000 crore.
"Better-than-expected results in the first quarter -- driven by buoyant exports, strong private demand, and sustained stimulus policy effects -- are behind the revision," the Asian Development Bank (ADB) said while raising the growth projections for the region to 7.9 per cent, from 7.5 per cent it forecast in April.
ADB, which came out with a Special Note on economies, however, kept the projections for India and China unchanged 8.2 per cent and 9.6 per cent, respectively.
Earlier this month, the International Monetary Fund (IMF) had hiked the country's growth forecast for 2010 to 9.5 per cent from its April projection of 8.8 per cent.
Finance Minister Pranab Mukherjee, however, said yesterday that he would stick to his conservative outlook of about 8.5 per cent plus economic expansion for the current fiscal.
Meanwhile, despite upward growth revision for Asia, ADB warned of downside risks in the second half of 2010 on account of uncertain global environment, unpredictable private domestic demand, and the risks of dramatic capital flows and exchange rate fluctuations.
It kept Asia's growth outlook for 2011 unchanged at 7.3 per cent.
For 2010, ADB forecast East Asia - comprising China; Hong Kong; Republic of Korea; and Taipei - to expand 8.4 per cent, slightly higher than the 8.3 per cent predicted earlier.
It said that aggregate growth in Southeast Asia is now expected to be 6.7 per cent this year, sharply higher than the previous projection of 5.1 per cent.
"First-quarter growth in the five bigger economies in this region (Indonesia, Malaysia, Philippines, Singapore and Thailand) exceeded expectations on account of strong exports, robust industrial production, and improved consumer confidence. The subgroup is projected to post 6.8 per cent growth this year," ADB added.
In South Asia, recent economic indicators have been broadly within expectations. ADB forecast aggregate growth of 7.5 per cent, slightly higher than the April projection of 7.4 per cent. India's growth projection is unchanged at 8.2 per cent.
Improving global conditions as well as higher oil prices have helped the economies in Central Asia so far in 2010. ADB now sees the region's economy growing an aggregate 4.8 per cent, up slightly from earlier forecast of 4.7 per cent.
Growth in the Pacific island economies is now forecast at 3.8 per cent, against the earlier forecast of 3.7 per cent.
European shares fell, dragged lower by weakness in bank stocks as investors braced for results from Goldman Sachs due before the opening of the US stock market. Fears of a double-dip recession have periodically hit global stock markets over the past few months and slides in equities have soured sentiment towards oil.
US crude for August delivery fell 5 cents to $76.49 a barrel by 1108 GMT. The August US crude contract expires on Tuesday. The more liquid September future was trading 2 cents lower at $76.88. Front-month ICE Brent crude was up 5 cents to $75.67.
Michael Hewson of CMC Markets in London said the oil price was currently "very recovery-driven." He added it was dominated by "perceptions of whether the global economy is going to double dip".
US crude inventories fell 1 million barrels on average last week, according to a Reuters survey on Monday. The poll also predicted that stockpiles of distillate fuel, including heating oil and diesel, rose 1.6 million barrels, extending the build-up to the eighth straight week.
While the forecasts for a fourth consecutive weekly drop in US crude inventories were supportive, they were countered by bearish predictions of a rise in oil products in the data from the American Petroleum Institute, due out at 2030 GMT.
The US Department of Energy will publish its own oil statistics on Wednesday at 1430 GMT. Prices have been stuck in a range between $71 and $80 for more than six weeks as volatility related to the European debt crisis has dwindled. A tighter crude market has been offset by weaker US macroeconomic indicators, signalling a slower recovery in the world's largest economy.
Adding some more support for oil, a tropical wave centred around Puerto Rico had a 20 per cent chance of becoming the next tropical cyclone of the Atlantic hurricane season in the next two days, the US National Hurricane Center said late on Monday.
The season lasts from June to November. The Hurricane Center has forecast this year's Atlantic storm season may be the most intense since 2005, when hurricanes Katrina and Rita nearly paralysed the Gulf of Mexico US oil industry for weeks, boosting oil prices.
This year, "we are talking about one of the worst hurricane seasons, and if it's going to start, it's going to start shortly," said Peter McGuire, managing director at CWA Global Markets in Sydney. China overtook the United States last year to become the world's largest energy user, according to a Financial Times report on Monday, citing the International Energy Agency.
China's rise to the top ranking was faster than had been expected in part because the United States has outpaced China in improving energy efficiency measures over the past decade. But a senior Chinese official on Tuesday questioned the IEA's conclusion that China had overtaken the United States. The IEA has had a relatively high estimate of China's energy consumption and carbon dioxide emissions, said Zhou Xian, spokesperson for China's top energy agency. But he declined to give alternative estimates.
RBI to eye inflation causes to decide policy
20 Jul 2010, 1901 hrs IST,REUTERS
The Reserve Bank of India's (RBI) monetary stance will depend on whether it perceives inflation as stemming from excessive liquidity or
 * Top mid-cap funds on 3 year basis |
due to supply constraints, the country's top civil servant said.
On Tuesday, Cabinet Secretary K.M. Chandrasekhar allayed concerns of persistently high prices, reiterating the government's forecast of headline inflation easing to 5-6 percent by the end of the year.
India's annual headline inflation stayed above 10 percent for the fifth straight month in June, cementing expectations the RBI will raise interest rates for a second time this month to contain price pressures.
A majority of economists expect the RBI to raise key interest rates by 25 basis points in its quarterly review on July 27 and tighten policy further in coming quarters, a new Reuters poll showed.
"A call will have to be taken by the Reserve Bank (RBI) on whether inflation is on account of high money supply or is it on account of certain sectoral reasons, some supply constraints," Chandrasekhar told.
Some analysts have pegged capacity constraints in the rapidly expanding economy as the main reason for a surge in non-food inflation, pointing out a slowdown in May industrial output, despite robust domestic consumer demand.
Further, expansion in the M3 money supply, the broadest measure of liquidity in the system, has just picked up after slowing down since the year began and lags credit expansion.
| Also Read |
| → RBI should address grey areas in base rate mechanism: Assocham |
"It's basically constraints. We see the economy growing at a fast pace, but it's not been strong on private investment," said Kevin Grice, senior international economist at London's Capital Economics.
"So if it continues to grow at this pace, it'll continue to hit capacity constraints. They (RBI) are also beginning to sense it (double digit inflation) is influencing inflationary expectations, they need to hit that on the head as well," Grice said.
FOOD PRICES
Many market watchers expect the RBI to continue tightening policy along the year, through though both regular and off-cycle rate hikes.
Of the three rate hikes so far this year, each of 25 basis points, two were announced in between quarterly policy meetings.
Chandrasekhar attributed much of India's double digit headline inflation to high food prices following a bad summer harvest last year and a low statistical base, hoping good rainfall this summer will help cool down prices.
"I do not think we are going to live in a high inflation environment," he said.
Last week, the weather office said monsoon rains, which irrigate 60 percent of the country's farms, were 24 percent below normal in the week to July 14.
India will also look at rejigging its subsidy mechanism, Chandrasekhar said, reinforcing the government's intent to slash its fiscal deficit.
"We are looking at subsidies, how the subsidy system can be rejigged to ensure it reaches the poorest of the poor on one hand, and at the same time it incentivises production," Chandrasekhar said.
India spent about $26 billion in food, fuel and fertiliser subsidies in the fiscal year that ended March 31, and a cut in the subsidy bill will help it rein in fiscal deficit to the budgeted 5.5 percent level for the current year.
Last month, New Delhi freed petroleum pricing from government control, and raised the prices of other fuels to help reduce its fuel subsidy burden.
http://economictimes.indiatimes.com/news/economy/policy/RBI-to-eye-inflation-causes-to-decide-policy/articleshow/6192216.cms
Corporate bigwigs to map out route for financial inclusion
20 Jul 2010, 0510 hrs IST,Dheeraj Tiwari,ET Bureau
NEW DELHI: The Prime Minister has set up a high-level committee of corporate bigwigs to suggest ways to achieve greater financial inclusion. The
committee, set up for "Promoting Financial Inclusion," will have Reliance Industries head Mukesh Ambani, Bharti head Sunil Bharti Mittal, ICICI Bank MD & CEO Chanda Kocchar, HDFC chairman Deepak Parekh, Infosys chief mentor Narayana Murthy, chairman emeritus RPG Group RP Goenka and owner Bajaj Group and Motors Rahul Bajaj.
Finance secretary Ashok Chawla has been appointed as the convenor of this committee, which will have it's first meeting on Wednesday. "It was felt that in order to achieve the larger aim of financial inclusion, views from corporate India should be taken. Industry participation will help us to plug the practical loopholes in the process of spreading the financial reach," said a finance ministry official.
The government has embarked on a mission to provide banking facilities to habitations having population in excess of 2,000 by March 2012. As of now only 5% of around 6 lakh habitations in the country have a bank branch.
Earlier, at an industry function on Monday R Gopalan, secretary Financial Services said that there is an urgent need to fast-track financial inclusion. "Various technological and financial services and initiatives need to be dovetailed for this," he said adding that only 30% of the bank branches operate in the rural areas that house 72.2% of the country's population.
"Rural India accounts for just 9% of total deposits, 7% of total credit, 10% of life insurance and 0.6% of non-life business," he said emphasising the need to step up the process.
The Reserve Bank of India has also taken initiatives to promote financial inclusion, under its new guidelines it has allowed banks to rope in post offices, self-help groups (SHGs), Micro Finance Institutions (MFIs), farmer clubs and panchayats as business facilitators. Regarding regulatory issues for profit and non-profit entities working as business correspondent, Mr Gopalan said, "it's all in the thinking stage and RBI is one who is looking into that. They will make necessary changes after doing this analysis."
The government has already asked state-owned banks to set clear goals for financial inclusion even if it means compromising profitability. As per the points-based evaluation system, new parameters have been included with significant weightage towards financial inclusion efforts. Banks will also be required to formulate the financial inclusion roadmap in consultation with state level bankers committee.
RBI should address grey areas in base rate mechanism: Assocham
Ahead of the monetary review, industry chamber Assocham on Sunday asked the RBI to make changes in the base rate mechanism to provide
clarity on concessional loans given to industries for their restructuring.
In a statement, Assocham President Swati A Piramal also said that the base rate mechanism should cover non-banking finance companies (NBFCs), cooperative banks and regional rural banks (RRBs).
The base rate system, a new system for benchmarking lending rates, came into effect from July 1. The new mechanism, which replaced the prime lending rate system, sets the minimum lending rate for banks.
Most banks have set it at 7-8.5 per cent. Piramal said that since base rate is a floor rate, it was unclear how loans given at concessional rates to industries that are being restructured or rehabilitated would be treated.
"It is well-known that the banking industry has re- structured a large number of viable units, where the funding of over-dues has been considered at substantially low rates of interest. The present base rate regime is totally silent, and would hit this portfolio and borrowers perceptively," she said.
The Assocham president also said that the present arrangement by banks for funding against letters of credit (LCs) and bill discounts would be severely affected by the base rate system as loans are given at substantially-reduced rate due to guaranteed payments.
The purpose of the base rate was to expedite the transmission of RBI's policy decisions on interest rates. Banks giving loans to highly-rated corporates at rates below prime lending levels used to result in the transmission getting affected.
Assocham said that freedom for banks to adjust base rates quarterly would also come in the way of smooth transmission of RBI decisions.
"Currently, the base rates are proposed to be reset every quarter, irrespective of time and tenure of monetary policy instances of RBI. There needs to be parity in timelines. There should be similar timelines in addition to banks' own policy for resetting the base rate. This will ensure monetary policy transmission without gap," the chamber said.
Piramal also said that the base rate mechanism leaves out government borrowings, which plays a crucial role in determining interest rates.
"The government is the biggest borrower in the market, and is often responsible for interest rate swings. The base rate does not appear to cover government borrowings in the sense that these borrowings are related to the prevailing coupon rates," she said.
The chamber also asked RBI to include lending by NBFCs, RRBs and co-operative banks in the base rate mechanism.
India working to rejig its subsidy system: Government
The government is reworking the subsidy regime to address the twin issues of meeting social obligation and lowering of fiscal deficit,
Cabinet Secretary KM Chandrasekhar said on Tuesday.
"We are looking at subsidies, how the subsidy system can be rejigged to ensure it reaches the poorest of the poor on one hand and at the same time it incentivises production," Chandrasekhar said.
Chandrasekhar, however, ruled out freeing diesel, cooking gas prices from the government control in the immediate future on the lines of what it did for petrol.
"As of now there is no plan of decontrolling diesel or LPG prices. A call will be taken at the issue from time to time, but as of now we have no specific roadmap," he said.
The government last month freed petrol prices from government control and raised the prices of other fuels in a move to reduce its fuel subsidy burden, which along with that on food and fertiliser cost the exchequer a whooping $26 billion last fiscal.
Reforming taxation system, increasing agricultural growth, optimizing the use of fertilizer and water resources are some of the major challenges facing the country, Chandrasekhar said, adding that various expert bodies and committee of secretaries are looking into these.
Hoping that a good monsoon this year will cool the food prices, the cabinet secretary said: "We also have to target (streamline) public distribution system (PDS) and infrastructure development."
"Forty six percent of the total plan allocation this year is for infrastructure," he added.
Krishna, Clinton discuss Obama visit, India-Pakistan talks
Kabul, July 20 (IANS) Indian External Affairs Minister S.M. Krishna met his US counterpart Hillary Clinton here Tuesday and discussed the Afghan situation, the recent India-Pakistan talks and the forthcoming visit of US President Barack Obama.
In their discussions, Krishna conveyed India's position on the shifting Afghan situation and backed the peace and reintegration plan provided the Taliban renounces violence and accepts a democratic and pluralistic Afghanistan, sources said.Krishna and Clinton are among those who are attending an international conference on the future of Afghanistan, the largest gathering in Kabul in decades.
Krishna also told Clinton about his talks with his Pakistani counterpart Shah Mahmood Qureshi in Islamabad last week, sources said.
He conveyed India's position that Pakistan needs to take tangible action against the militants behind the 26/11 Mumbai terror attack so that the dialogue process becomes meaningful in days to come, said the sources.
The two also briefly touched on preparations for Obama's state visit to India in November and reviewed the recent visit of US National Security Adviser James Jones to New Delhi.
India is hoping for the easing of US high-tech exports, including dual-use technologies, as a major gain during Obama's visit.
In her discussions with Pakistan Prime Minister Yousuf Raza Gilani and President Asif Ali Zardari Sunday, Clinton, according to Pakistani media reports, encouraged the continuation of dialogue between India and Pakistan.
National News
Tripartite meeting on Assam accord held
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- ULFA steps up extortion drive in Assam ANI - 08:20 PM
- AFP inaugurates its maiden office in New Delhi ANI - 08:20 PM
- Large haul of banned drug seized in UP ANI - 08:20 PM
- Ruckus in Bihar assembly;Oppn wants CM to quit ANI - 08:20 PM
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General
- Six dead as boat capsizes in Uttar PradeshIANS - 08:20 PM Lucknow, July 20 (IANS) Six people drowned while a few went missing after a boat capsized Tuesday in the fast flowing waters of the Ramganga River in Uttar Pradesh's Moradabad district, police said.
- CAG report: Bihar government submitting vouchersPTI - 08:11 PM Patna, Jul 20 (PTI) After the raging controversy over the CAG report that highlighted financial irregularities in development schemes in Bihar, the Nitish Kumar government has so far submitted vouchers pertaining to expenses worth Rs 2,056 crore, officials said.
- HRD, Tourism Ministries ink MoU for hotel management coursesPTI - 08:09 PM New Delhi, July 20 (PTI) Keeping in mind the acute shortage of skilled hands in the hospitality sector, the HRD Ministry and the Tourism Ministry today signed an agreement to introduce a programme in hotel management and catering technology at the plus two level.
- Nitish instigated attack on opposition MLAs: LaluPTI - 08:08 PM Patna, July 20 (PTI) The RJD and LJP today accused Chief Minister Nitish Kumar of instigating the ruling NDA legislators to attack opposition legislators in the state Assembly.
- Rains lash Delhi, chaos rules roadsIANS - 08:08 PM New Delhi, July 20 (IANS) Commuters once again had a harrowing time on Delhi roads Tuesday as incessant rains led to water-logging, resulting in traffic snarls and breakdown of vehicles in many areas. The Met office forecast more showers Wednesday.
Politics
- US treats India and Pakistan the same : BJPIANS - 07:36 PM New Delhi, July 20 (IANS) Citing the $500 million aid given to Pakistan by the US, the main opposition Bharatiya Janata Party (BJP) Tuesday rued that the US treats India and Pakistan the same despite the latter's 'proven links' to terror outfits.
- Missing Youth Congress activist found in LucknowIANS - 07:01 PM Lucknow, July 20 (IANS) More than a day after he was reported missing from a hotel room in Uttar Pradesh's Hardoi town, Youth Congress activist Nishant Patel was Tuesday found on the outskirts of Lucknow Tuesday, police said.
- Maharashtra to drop charges against TDP chief, supportersIANS - 06:47 PM Mumbai, July 20 (IANS) Maharashtra Tuesday evening decided to drop all charges against Telugu Desam Party (TDP) chief N. Chandrababu Naidu and his supporters and send them back to Andhra Pradesh, a top official said.
- Industry must engage more in trade talks - Trade SecretaryReuters - 06:44 PM Key Indian industrial sectors have yet to respond to the government on how tariff cuts proposed at global trade talks would affect them, weakening negotiators' chances of success, the trade secretary said on Tuesday.
- Breach of privilege notice against Kerala revenue ministerIANS - 06:11 PM Thiruvananthapuram, July 20 (IANS) Senior opposition legislator Joseph M. Puthuserry Tuesday submitted a breach of privilege notice to Kerala assembly speaker K. Radhakrishnan over the 'contradictory' statements made by Revenue Minister K.P. Rajendran on the floor of the house.
Features
- Delhi's other TibetsHT - Mon, Jul 19 New Delhi, July 18 -- Don't think that Delhi's Tibet is confined to Majnu ka Teela, the refugee camp for Tibetans since the '60s.
- It's the time to discoHT - Mon, Jul 19 New Delhi, July 18 -- Delhi's clubbing scene is set to get bigger... way bigger. Launching soon in the Capital are two new hot spots - one a superclub, that can accommodate upto 4,000 people, and the other a hotspot with a mega 50-feet long bar.
- Visual delightHT - Mon, Jul 19 New Delhi, July 18 -- The Pearls Delhi Couture Week that commences tomorrow will not only have 13 designers showcasing collections on the ramp, but six others who will create an atmosphere of fashion at the venue through installations.
- Sporting magnetsHT - Mon, Jul 19 Mumbai, July 19 -- In a year full of sporting events, Indian and international, cricket and non-cricket, how many are Indian television viewers watching and advertisers advertising on? The Hockey World Cup, Indian Premier League 3, T20 Cricket World Cup, Cricket Asia Cup, FIFA World Cup 2010, Commonwealth Games, the Asian Games and the Cricket World Cup.
- Help's a call awayHT - Mon, Jul 19 Mumbai, July 19 -- Sharmila Gupta (76) has been living alone at her Juhu home for the past seven months.
Crime
- Girl, boyfriend commits suicide in AzamgarhHT - 11:10 AM India, July 19 -- A girl and her boyfriend on Monday allegedly committed suicide by consuming poison in Tahbarpur area, a senior officer said in Azamgarh.
- Boyfriend killed for being poorHT - 10:40 AM Ghaziabad, July 19 -- It wasn't their caste but money in their bank accounts that was the catalyst in the murder of Manoj Kumar (25), allegedly by the family of the girl he was in love with.
- Couple commits suicide at MatheranHT - 10:10 AM Matheran, July 20 -- The police found the bodies of a 23-year old girl and a 20-year-old boy from a valley near Little Chowk in Matheran on Monday.
- Teen's body found in Dadar factoryHT - 10:10 AM Mumbai, July 20 -- The body of an 18-year-old girl was found in the garment factory at Dadar where she had been working for the last one year.
- Man kills wife after alcohol rowHT - 10:10 AM Mumbai, July 20 -- A 35-year-old man from Aarey Colony was arrested for allegedly killing his wife after she refused to give him money to buy alcohol on Sunday.
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National News
White clouds over ocean can stop global warming: Study
IE - 05:42 PM Whiter clouds over oceans could stop global warming and bring more rains to the land, according to a recent study.- Rahul's aide found injured in Lucknow IE - 05:42 PM
Youth Congress activist Nishant Patel, an aide of Rahul Gandhi, was found on Tuesday injured in Lucknow, a day after he went missing under mysterious circumstances from a hotel in the adjoining Hardoi district. 35-year-old Patel, son of senior Congress leader and former Gujarat Minister Hasmukh Patel, has been hospitalised after he was found near the Buddheshwar crossing in the state capital.
- Court extends Pacheco's remand IE - 05:42 PM
Former Goa minister Fransisco Pacheco's police remand was extended by three days by a court today in connection with the death of his close friend Nadia Torrado while the latter's mother was granted bail in the same case.
- India for 'Afghan-led, Afghan-owned' peace process IE - 04:42 PM
As world leaders backed handing over Afghanistan's security responsibility to its government by 2014, India on Tuesday said that any new process to stabilise the war-torn nation must be fully "Afghan-led and Afghan-owned" and sought an end to sustenance and sanctuaries for terrorists from outside.
- Govt must start talks in J-K immediately: CPM IE - 04:42 PM
Expressing concern over the killing of civilians in Jammu and Kashmir, the CPI(M) today asked the government to immediately start the process of political dialogue with all shades of opinion and stop "excessive reliance" on administrative measures.
- Disclose details of trap money: CIC to CBI IE - 04:42 PM
The Central Information Commission has directed the CBI to make public, records of the "trap money" used by the agency to crack corruption cases.
- Headley's interrogation hinted terrorists linkage IE - 02:31 PM
In an apparent reference to Pakistan, India on Tuesday said that Pakistani American David Coleman Headley's interrogation had hinted at nexus between terrorists and the establishment which was difficult to deal with.
- TDP to block Chavan's entry into Andhra IE - 02:31 PM
The Telugu Desam Party (TDP) is gearing up to block Maharashtra Chief Minister Ashok Chavan's entry into Andhra Pradesh when he is scheduled to visit Puttaparthi in Anantapur district tomorrow.
- Krishna, Clinton discuss regional security, bilateral ties IE - 02:31 PM
External Affairs Minister S M Krishna and his American counterpart Hillary Clinton on Tuesday discussed the Afghan situation, regional security and bilateral ties during a meeting between the two leaders here.
- Sri Lankan Tamil MPs meet Karunanidhi IE - 02:31 PM
A delegation of Tamil MPs from Colombo on Tuesday met Chief Minister M Karunanidhi to seek India's intervention in accelerating rehabilitation of displaced Tamils in Sri Lanka.
- Digvijay demands Chouhan's resignation IE - 02:31 PM
Congress General Secretary, Digvijay Singh said that Madhya Pradesh Chief Minister Shivraj Singh Chouhan should resign if he cannot control the land mafia in the state.
- Train mishap toll rises to 66 IE - 02:31 PM
The toll in the train collision at Sainthia station in Birbhum district rose to 66 on Tuesday with three injured passengers of the Vananchal Express succumbing to injuries at the Burdwan Medical College Hospital.
- Jagan yatra, Babhli issue hots up political temp in AP IE - 02:31 PM
Congress MP Y S Jagan Mohan Reddy's controversial 'Odarpu yatra', Telugu Desam Party's (TDP) yatra to Maharashtra over Babhli barrage issue and the coming byelections in Telangana have unusually hot up political temperature in Andhra Pradesh.
- Top criminal arrested under PSA in Jammu IE - 02:31 PM
A wanted criminal was arrested and booked under stringent Public Safety Act (PSA) in Jammu, police said on Tuesday.
- Jawan goes missing with rifle on Indo-Pak border in Rajouri IE - 02:31 PM
An Army jawan has gone missing with his service rifle during his duty hours on the Line of Control (LoC) in Rajouri district of Jammu and Kashmir following which a case has been registered.
- JCO crushed to death in Rajouri IE - 02:31 PM
A Junior Commissioned Officer (JCO) was crushed to death under an army vehicle in Rajouri district of Jammu and Kashmir, officials said.
- Curfew in Sopore, restrictions in rest of Kashmir IE - 02:31 PM
Curfew was on Tuesday clamped in Sopore town and restrictions imposed of the movement of people in the rest of the Kashmir Valley in view of the tense situation after a youth was killed in alleged firing by security forces in Baramulla.
- CRPF jawan, Havildar injured in accidental fire IE - 12:36 PM
A CRPF jawan and a Havildar were injured in an accidental fire when the former was cleaning his gun here on Tuesday, police said.
- Jamiat blasts Education Act IE - 11:02 AM
Terming the Right to Education Act as "against the fundamental rights", Jamiat-Ulema-i-Hind threatened to oppose it with full vigour, demanding exemption of schools run by religious and linguistic minorities from its provisions.
- Key Rahul Gandhi aide goes missing IE - 10:17 AM
The son of senior Gujarat Congress leader and former minister Hasmukh Patel is reported to have gone missing from a hotel in Hardoi today.
- Rahul's aide found injured in Lucknow IE - 05:42 PM
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National News
MCD projects' deadline pushed again
HT - 03:35 PM New Delhi, July 19 -- After postponing the deadline for Commonwealth Games related works taken up by the Municipal Corporation of Delhi (MCD), the civic body officials on Monday once again pushed it by one month to August 30, 2010. "The projects were slated to finish by June 30 as per earlier deadline and most of the works have been duly completed.- Mulayam plan to reconnect with Muslims HT - 03:35 PM
Lucknow, July 20 -- The Samajwadi Party (SP) has drawn up plans to reconnect with UP's Muslims to undo the perceived damage caused by its brief flirtation with former BJP leader Kalyan Singh.
- Community colleges gain ground HT - 03:10 PM
Historically the concept of community colleges developed in the early 20th century in the United States. A community college traditionally offers certificates, diplomas, associate degrees in several courses.
- Rescuers who returned valuables and saved lives HT - 11:10 AM
Sainthia, July 19 -- They had a lifetime chance to do away with their poverty at one go. But instead they chose to keep aside their greed, when it came to choosing between humanity and earning a livelihood in an unethical manner.
- Calligraphic art HT - 11:10 AM
Mumbai, July 19 -- Artist Salva Rasool is presenting Elahiya, an exhibition of her works of abstract Arabic art using calligraphy. The works represent the 99 attributes of God. Venue: Museum Art Gallery, Kala Ghoda
- Girl, boyfriend commits suicide in Azamgarh HT - 11:10 AM
India, July 19 -- A girl and her boyfriend on Monday allegedly committed suicide by consuming poison in Tahbarpur area, a senior officer said in Azamgarh.
- Periscope van a distant dream HT - 10:40 AM
New Delhi, July 19 -- The ambitious project of Delhi Police to give the Capital state-of-the-art surveillance before the Commonwealth Games is yet to get a green signal.
- Boyfriend killed for being poor HT - 10:40 AM
Ghaziabad, July 19 -- It wasn't their caste but money in their bank accounts that was the catalyst in the murder of Manoj Kumar (25), allegedly by the family of the girl he was in love with.
- Hindutva terror may break Opposition unity HT - 10:40 AM
New Delhi, July 19 -- Will the buzz surrounding Hindutva terror break Opposition unity during the coming session of Parliament? The BJP does think so.
- Pranab meets BJP leaders to elicit support for GST regime HT - 10:40 AM
New Delhi, July 19 -- Finance Minister Pranab Mukherjee called BJP leaders L.K. Advani, Sushma Swaraj and Arun Jaitley to a lunch meeting on Monday to elicit the BJP's support for the goods and services tax (GST) regime that the government is planning to roll out from the next fiscal year.
- UPA plans to tackle Oppn with women's bill HT - 10:40 AM
New Delhi, July 19 -- To gear up for a stormy Parliament session starting July 26, on Monday, Prime Minister Manmohan Singh and UPA chairperson Sonia Gandhi conferred with UPA allies - the second time since the government was formed in 2009 - on how to deal with the Opposition and the issues and bills that will arise.
- Need someone to ring the bell HT - 10:10 AM
Mumbai, July 20 -- The bell installed near Hotel Sea Rock at Bandra Bandstand in 2008 to warn people during high tides when the sea is rough was last sounded when former mayor Shubha Raul inaugurated it and posed for a photograph next to it. It has been lying unused since. It drew attention on Monday after two youth drowned at Bandra Bandstand.
- Kalyan cop caught taking Rs 1 lakh bribe HT - 10:10 AM
Mumbai, July 20 -- Assistant Sub Inspector at the Kalyan crime branch, Vilas Maruti Ghag (50), was caught accepting a bribe of Rs 1 lakh.
- Couple commits suicide at Matheran HT - 10:10 AM
Matheran, July 20 -- The police found the bodies of a 23-year old girl and a 20-year-old boy from a valley near Little Chowk in Matheran on Monday.
- Teen's body found in Dadar factory HT - 10:10 AM
Mumbai, July 20 -- The body of an 18-year-old girl was found in the garment factory at Dadar where she had been working for the last one year.
- Man kills wife after alcohol row HT - 10:10 AM
Mumbai, July 20 -- A 35-year-old man from Aarey Colony was arrested for allegedly killing his wife after she refused to give him money to buy alcohol on Sunday.
- BJP demands dismissal of Delhi Minister HT - 10:10 AM
New Delhi, July 20 -- The Bhartiya Janata Party (BJP) has demanded immediate convening of assembly session.
- Under attack, Mamata wants to hasten exit plan HT - 10:10 AM
New Delhi, July 20 -- Upset over the Opposition's outcry over Monday's mishap, Railway Minister Mamata Banerjee may advance her plans of quitting.
- Finger-pointing in a time of great tragedy HT - 10:10 AM
New Delhi, July 20 -- Even before all the bodies had been extricated from the mangled coaches in Monday's train accident in West Bengal, the game of political one-upmanship had begun.
- Another girl killed for 'honour' HT - 10:10 AM
Noida, July 19 -- She was promised a grand wedding and a happy married life. But Sanjeeta hadn't the faintest clue that she was headed straight to her death. On Monday, a joint team of Noida and Bulandshahar police arrested five members of her family, including her mother, for allegedly killing the 22-year-old Bulandshahar girl.
- Mulayam plan to reconnect with Muslims HT - 03:35 PM
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National News
Letters to the editor
FE - 01:34 AM Recently RBI raised concerns over the ordinance that resolved the dispute over regulation of Ulips in favour of Irda rather than Sebi.- Bengal collision baffles minister, rail officials FE - 01:34 AM
There are more questions than answers surrounding the train collision at Sainthia in Birbhum that claimed at least 60 lives and injured over 90. While Railway Minister Mamata Banerjee had "some doubts" over certain aspects pertaining to the incident, the Railway Board found it to be an "unusual collision".
- NMDC to lay 12 mt pipeline on highways to avoid Naxal attacks FE - 01:34 AM
Government-owned NMDC has decided to lay its proposed 12 million tonne pipeline next to state and national highways in order to avoid any Naxalite interference.
- Rlys grapple with accidents, pending files, vacancies FE - 01:34 AM
In the 14 months during which Mamata Banerjee has been at the helm of the railways ministry, as many as 428 people have been killed and over 600 injured in some 200 train accidents.
- Trains collide in Bengal, 60 dead FE - 01:34 AM
A passenger train smashed into the rear of another that had just begun to roll out of Sainthia station in West Bengal's Birbhum district early Monday, leaving at least 60 dead and over 90 injured.
- Simply irresistible FE - 01:34 AM
Campaign : Role reversal Brand : Alpenliebe Company : Perfetti Van Melle India Agency : McCann Erickson The Campaign The TV ad opens with a monkey faced Madaari or animal handler with a stick trying to make someone come down the tree.
- Loyalty beyond reason FE - 01:34 AM
The World Cup is a great educational experience.
Over the last month or so, many of us learnt new words like 'jabulani', 'vuvuzela' and 'waka waka'. We learnt that Honduras is in Central America. (Now to find out where Central America is, ha ha). And that Slovakia and Slovenia are two entirely different countries. - Off the rack FE - 01:34 AM
Reach for the Skies:
Ballooning, - BoB to open seven branches in North FE - 01:34 AM
Bank of Baroda has planned to open seven new branches in Punjab, Haryana and Himachal Pradesh.
- Haryana seeks liberal aid for flood-hit areas FE - 01:34 AM
Haryana on Monday asked the Centre to assess the damage in the flood-hit areas and grant financial aid liberally.
- The world @ your fingertips FE - 01:34 AM
Next World Cup, the average Indian football fan may be watching the finals on her mobile. And once the match is over, she could get down to some serious multimedia games on her 3G-enabled phone. In between, she could be downloading videos of her favourite soccer stars or exchanging notes on the latest scores with her friends via Facebook, all on her mobile.
- Report card FE - 01:34 AM
This study* examines how firm-level productivity paths differ between firms with varying degrees of exposure to international trade in India.
- 'They don't want the lokayukta to proceed because these mining permits were given during the tenures of JD-S, Congress and BJP' FE - 01:34 AM
As Karnataka lokayukta, Justice N Santosh Hegde took on the high and mighty of Karnataka politics, including the Bellary brothers.
- Bits & bytes FE - 01:34 AM
Adrian Miller is chief creative officer of JWT Delhi JWT India has appointed Adrian Miller as chief creative officer of JWT Delhi.
- SC remands I-T dept's plea to Bombay HC FE - Mon, Jul 19
The Supreme Court has remanded the income tax department's appeal raising pertinent issues related to taxability of foreign telecasting companies to the Bombay High Court.
- After Bihar, Punjab gets Super 30 to crack IIT-JEE FE - Mon, Jul 19
After Bihar, Punjab has its own Super 30—a free coaching institute run for the socially and economically disadvantaged IIT aspirants to crack the IIT-JEE examination.
- Prez to confer Ramnath Goenka journalism awards on July 22 FE - Mon, Jul 19
Over the past four years, the Ramnath Goenka Excellence in Journalism Awards have acknowledged and applauded the best in the business.
- Leopold Cafe was not on Lashkar hit list: Headley FE - Mon, Jul 19
Leopold Cafe, the popular watering hole and restaurant frequented by foreigners in South Mumbai's Colaba area, was not among the original targets of Lashkar-e-Toiba bosses who planned the 26/11 terror attack.
- Indo-Pak trade talks could set peace tone FE - Mon, Jul 19
Political tension notwithstanding, Pakistan is keen to improve economic and trade relations with India.
- Scholars from North shine in int'l R&D front FE - Mon, Jul 19
Three women scientists from Punjab and Haryana were awarded the Monsanto Beachell-Borlaug International Scholars Programme (MBBISP) research fellowship for 2010. Of the three, two are research scholars at Punjab and Haryana universities.
- Bengal collision baffles minister, rail officials FE - 01:34 AM
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Opinions and Editorials
Abuse and power
IE - 05:08 AM Don't you know who I am?" That's what Congress MLA Vinayak Nimhan asked the Indian Express-Loksatta security guard who had the temerity to ask him who he wanted to meet in the Pune office.- 'They don't want the lokayukta to proceed because these mining permits were given during the tenures of JD-S, Congress and BJP' IE - 05:08 AM
Shekhar Gupta:My guest this week is an unlikely whistleblower and a very good one at that, Justice Santosh Hegde.
- Bangalore blues IE - 05:08 AM
Shekhar Gupta handled a burning topic in 'Me, myself and mining' (IE, July 17). We were treated to the highly theatrical performances in the Karnataka assembly involving the Congress, the JD(S), and the BJP. As if that wasn't enough, the chief minister did his own high drama in New Delhi, after meeting his party bosses and giving a clean chit to the ministers.
- State & money IE - 05:08 AM
A proposal for a sovereign wealth fund (SWF) is expected to be put before a group of ministers. As reported in this newspaper on Monday, the volume suggested is $10 billion and many options on how the fund could be structured are on the table. An Indian SWF would be a pot of money, controlled by the government, which will be used to purchase overseas assets.
- Two for the road IE - 05:08 AM
Political yatras in Andhra Pradesh are causing a flutter among the dovecotes. Y.S. Jaganmohan Reddy, the son of the late Y.S. Rajasekhar Reddy, is on the second leg of his Odarpu Yatra (a yatra to console the kin of those who died of shock in the wake of his father's death last September).
- To Rawalpindi, via Kabul IE - 05:08 AM
Optimists might yet hope that Pakistan Foreign Minister Shah Mehmood Qureshi will undo some of the damage he did last week by making nice to Indian External Affairs Minister S.M. Krishna on the margins of an international conference in Kabul on Tuesday.
- Mamata should go IE - 05:08 AM
The early morning railway disaster at Sainthia in West Bengal that has left scores dead and many more critically injured may have been just an accident.
- Damages, power tariffs & death claims FE - 01:34 AM
Damages not capital receipts: SC
The Supreme Court has held that liquidated damages received by a company for breach of a contract are revenue receipts and not capital receipts, and hence not taxable. Whether a particular receipt is classified capital or revenue has been settled by the apex court. - Frugal solutions FE - 01:34 AM
Chennai-based Take Solutions, a provider of supply chain management and life sciences products, has this year alone received several awards.
- Column : FIIs bullish on Indian equities FE - 01:34 AM
The Indian equity market is a favourite among foreign institutional investors (FIIs). For the calendar year till date, Asian markets (excluding Japan, China and Malaysia) received close to $16 billion, of which 53% went into Indian equities. Last year, India received only 29%, when a record $60 billion flowed into the same markets.
- FE Editorial : Off the rails FE - 01:34 AM
In the wee hours of Monday morning, the New Coochbehar-Sealdah Uttarbanga Express rammed into the Bhagalpur-Ranchi Vananchal Express at the Sainthia railway station in West Bengal.
- Column : Economics needs a new focus FE - 01:34 AM
The IMF has upgraded the emerging economies' growth forecasts and downgraded the developed countries'. This is most likely to turn out right.
- Column : Decoding the new takeover code FE - 01:34 AM
Taking over companies in India hasn't been too difficult a task in the past; at around 100 takeovers a year in the last five years, the number isn't small.
- Core truths IE - Mon, Jul 19
Inflation figures for June are out, and were expected to be scrutinised carefully given that the Reserve Bank of India has a quarterly monetary policy review meeting scheduled for later this month.
- A case apart IE - Mon, Jul 19
Two years ago, in a case related to a young inter-caste couple's appeal for protection against death threats, an anguished bench of the Punjab and Haryana high court had observed — "In the last five years, thousands of (such) petitions have been filed.
- Of course this rise is peaceful IE - Mon, Jul 19
In 2007, Singapore's Minister Mentor Lee Kuan Yew angered Beijing by writing that unlike China's rise, which created widespread apprehension throughout the region, much of Asia either welcomed India's rise or else was indifferent to it.
- Language abuse IE - Mon, Jul 19
Language is the first marker of identity. The two salient factors determining the choice and use of language are birth — the linguistic culture one's born into — and location — the linguistic culture(s) one inhabits at the moment or in the course of a lifetime. Understandably, language yields itself to extreme politics.
- We, of the Preamble IE - Mon, Jul 19
There are plenty of good quotes (and jokes) about socialism. Winston Churchill offered, "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries." Cecil Palmer's is better. "Socialism is workable only in heaven where it isn't needed, and in hell where they've got it.
- City of Coffee IE - Mon, Jul 19
In cramped, old-fashioned joints in its quainter neighborhoods such as Basavanagudi and Malleshwaram, coffee-drinking is still a hallowed tradition.
- Where prejudice takes wing IE - Mon, Jul 19
Messing up your grammar to ensure your safety, or rather the safety of your fellow air-bound passengers (or "guests", as air carriers like to call them these days) — that's a step I reflexively took on a recent Bangalore-Delhi flight.
- 'They don't want the lokayukta to proceed because these mining permits were given during the tenures of JD-S, Congress and BJP' IE - 05:08 AM
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After deaths, grim search for bodies at crash site
IBNLive.com - 49 minutes agoKolkata: A day after the tragic train collision between Uttarbanga Express and Vananchal Express at Sainthia station in Birbhum district of West Bengal claimed 68 lives, the search for the missing continues with distraught relatives of the victims ...40 bodies identified, severed limbs found at accident site
Sify - 24 minutes agoBengal), July 20 (IANS) Bodies of 40 of the 63 passengers who died in Monday's ghastly train accident in West Bengal's Birbhum district have been identified while rescue workers continued to stumble upon severed limbs and body parts of victims Tuesday ...Sainthia train accident throws up real life heroes
Hindustan Times - 5 hours agodistrict where Sainthia is located. She walked all the way from her village to the Suri district general hospital, where most of the injured in Monday's train accident have been admitted. Sainthia is about 190 km from Kolkata. ...West Bengal train accident: Locals turn Samaritans at train disaster site
Daily News & Analysis - 3 hours agoPTI Suri (West Bengal): They have been working tirelessly but silently since the Uttarbanga Express crashed into the Vananchal Express at the Sainthia station in Birbhum district, ferrying the injured, donating blood and helping out in the morgue. ...Train mishap: 21 bodies yet to be identified
NetIndian - 39 minutes agoRescue operations on at Sainthia station in Birbhum district of West Bengal, where a rear-end collision between the speeding Uttarbanga Express and the Vananchal Express killed at least 60 people and injured nearly a hundred others on July 19, 2010. ...West Bengal train accident: 60 dead as train rams another
NDTV.com - Jul 19, 2010Sainthia, West Bengal: 60 people have been killed and about 90 injured after a major train accident in West Bengal near the Jharkhand border. A speeding train rear-ended another train at the Sainthia station in Birbhum district, 190 kilometres from ...Bengal train accident: 'Station master tried to alert driver'
NDTV.com - 10 hours agoSainthia, West Bengal: The death toll in Monday's Sainthia train collision in West Bengal has reached 63, with only 33 bodies identified so far. All bodies recovered from the wreckage will be shifted to Bardhaman Medical College hospital today. ...Bengal train accident: Mamata expresses suspicion about cause
NDTV.com - Jul 18, 2010Kolkata: Railway Minister Mamata Banerjee on Monday visited site of the accident involving Sealdah-bound Uttar Banga Express and Vananchal Express at Sainthia station in Birbhum district. Speaking to reporters at the site, the minister announced a ...Limbs of victims being found from accident site
Sify - 6 hours agoSainthia: Severed limbs of victims were found on Tuesday by rescue workers from the site of the ghastly train accident here in West Bengal's Birbhum district. Railwaymen worked overtime to repair the damaged footbridge where one of the coaches of the ...Leaders Renew Vows of Support for Afghanistan
New York Times - - 55 minutes agoPresident Hamid Karzai of Afghanistan with Secretary of State Hillary Rodham Clinton and United Nations Secretary General Ban Ki-moon during the international conference on Afghanistan on Tuesday in Kabul. Iranian Foreign Minister Manouchehr Mottaki is ...Kabul Conference Endorses 2014 Afghan Security Takeover
Voice of America - - 7 minutes agoPhoto: AP Representatives from more than 70 countries and international organizations on Tuesday endorsed Afghan President Hamid Karzai's plan for Afghan forces to take charge of their country's security by 2014. President Karzai told donors at the ...World leaders back Taliban involvement in Afghan peace process
Times of India - 2 hours agoKABUL: India and the US today joined the global community in backing Afghan government's efforts to involve Taliban elements in the peace process but made it clear that amnesty should only be offered to those who had no links with al-Qaeda and other ...
"The July 2011 date captures both our sense of urgency and the strength of our resolve," Mrs. Clinton said. "The transition process is too important to push off indefinitely. But this date is the start of a new phase, not the end of our involvement."more by Hillary Rodham Clinton - 7 hours ago - New York Times (440 occurrences)
NATO says 4 dead in shooting at training range
The Associated Press - 1 hour agoKABUL, Afghanistan — Two American civilians and two Afghan soldiers were killed in a shooting on a northern Afghan military base Tuesday, NATO said. An Afghan soldier who trained others at the base outside Mazar-e-Sharif started shooting during a ...Clinton speaks out for Afghan women in Kabul conference
AFP - 2 hours agoKABUL — US Secretary of State Hillary Clinton used part of her address to a key conference in Kabul on Tuesday to defend Afghan women concerned that peace efforts with the Taliban could jeopardise their rights. "I speak from experience when I say that ...ANALYSIS - Pakistan to play key role in talks with Taliban
Reuters India - - 2 hours agoPakistani and Indian foreign ministers agree on more talks but little else. Are these talks futile? Commentary Sergeant Jonathan Garcia of the US Army's Alpha Company, 2-508 Parachute Infantry Regiment, 4th Brigade Combat Team, signals for a man to ...Afghan soldier kills two US civilian trainers
BBC News - 1 hour agoAn Afghan soldier opened fire at a training base in northern Afghanistan, leading to the deaths of two US civilian trainers, Nato has said. The suspected shooter and another Afghan soldier were also killed, Nato's International Security Assistance ...Afghans set 2014 target for security
euronews - 19 minutes agoAfghanistan will take charge of its own security by 2014 following an agreement at a summit of foreign donors in Kabul. It comes as the US prepares to scale down its military presence there from July next year, although the handover will depend on the ...Conference backs Karzai's plan for Afghan security takeover
Los Angeles Times - - 2 hours agoThe Afghan leader's 2014 goal for local forces to take charge is not binding, but it addresses a growing desire on the part of NATO allies to have an exit strategy. United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan (in white) ...Timeline of articles
Number of sources covering this storyKarzai sets 2014 security force target1 hour ago - Financial TimesThe Afghanistan Reckoning6 hours ago - CBS NewsMilitants killed, detained in connection with Kabul Conference raid7 hours ago - CNN InternationalKabul meeting to lay ground for 2014 deadline10 hours ago - The Associated PressBlasts heard as Kabul hosts milestone conference18 hours ago - ABC OnlineWhite House shifts Afghanistan strategy towards talks with Taliban22 hours ago - The GuardianAfghanistan suicide bombing kills at least 3Jul 18, 2010 - Los Angeles TimesBomb kills 3 in Afghan capital ahead of conferenceJul 18, 2010 - The Associated PressImages
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Reuters India
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Los Angeles Tim...
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Washington PostVideos
India willing to help Afghanistan move forward: Krishna
Asian News International (ANI) - 7 hours ago Watch video
Jul 18, 2010 Times of India (91 occurrences)more by Mamata BanerjeePranab defends Mamata Banerjee
Express Buzz - 9 hours ago... Mukherjee angrily dismissed suggestions that Railway Minister Mamata Banerjee's absence from her ministry was the reason for recurrence of accident. ...Rail mishap: Opposition sees opportunity in tragedy Economic TimesHome Ministry differs with Mamata The HinduMamata has "certain doubts"
The Hindu - 18 hours agoSAINTHIA (WEST BENGAL): Railway Minister Mamata Banerjee, who visited the spot where the Uttarbanga Express and the Vananchal Express were involved in an ...Some doubt over West Bengal train accident: Mamata Times of India60 killed in WB train accident; Mamata 'suspicious' again Hindustan TimesWhat is Mamata Banerjee's thinking on economic matters?
Rediff - - 6 hours agoNo one knows Mamata Banerjee's thinking on economic matters. Or, indeed, if she devotes any thought to policy between pouncing on car bonnets, dragging MPs ...Trinamool, CPM look for votes at crash site Indian ExpressMishap a case of neglect; PM should take a call: CPI(M)
The Hindu - Jul 19, 2010PTI Attacking Railway Minister and rival Trinamool leader Mamata Banerjee over spate of train accidents, the CPI(M) on Monday said the latest mishap in West ...Decoded: dais of disruption
Calcutta Telegraph - - 18 hours agoMamata Banerjee made a martyr of Wednesday's proposed Trinamul V-Day parade after Monday's train tragedy, but only in name. "We are not going to observe ...Dogs draw blank
Calcutta Telegraph - 18 hours ago... explosives that may have been used to damage the tracks even as rail minister Mamata Banerjee said she was suspicious about the cause of the accident. ...CPI-ML for white paper on rail accidents
Daily News & Analysis - 1 hour ago... for Indian railways, Bhattacharya demanded immediate resignation of railway minister Mamata Banerjee owing moral responsibility for the accident. ...Train accidents mark Mamata's rly tenure
India Today - 22 hours agoMamata Banerjee's tenure as Railway Minister has been marked by train accidents. Eleven mishaps have been reported in the last 15 months. ...Fuel prices: Mamata Banerjee skips cabinet meets to deny responsibility
Economic Times - Jun 25, 2010NEW DELHI: Ms Mamata Banerjee, who does not subscribe to the "collective responsibility" principle, appears to have made "plausible deniability" — keeping ...Everyone has a right to protest: Mamata The HinduMamata, DMK oppose rise, but won't press it Business StandardMiffed Mamata skips EGoM meet on fuel Times of IndiaAnti-collision device could have averted latest train accident
Pune Mirror - 22 hours agoIncidentally, it also had the support of Railway Minister Mamata Banerjee in her earlier stint at Rail Bhavan here. "Its implementation is being delayed ...Ministry trashes jute mills' capacity claims
Business Standard - 16 minutes agoHowever, it was reversed at a CCEA meeting in September 2009 on the intervention of Finance Minister Pranab Mukherjee and Railways Minister Mamata Banerjee. ...Railways explore quota for employees' wards in jobs
Economic Times - Jul 16, 2010NEW DELHI: Railway Minister Mamata Banerjee has asked her ministry to explore the feasibility of according some priority or providing some reservation to ...Mamata hauled up for delaying project Express BuzzMamata Banerjee gets Sam Pitroda to change the face of Kolkata
Economic Times - Jul 4, 2010KOLKATA: Having assumed reins at the Kolkata Municipal Corporation, Trinamool Congress chief Mamata Banerjee is all set to give shape to her dream project: ...Mamata wants city to have 'Kolkata Gate' Times of IndiaMr Mayor, for your eyes only Times of IndiaDidi makes most of bandh day Times of IndiaReserve fertile land for farming: Pranab
Times of India - Jul 9, 2010Sitting next to railway minister Mamata Banerjee in Kolkata on Friday, Mukherjee said that all multi-crop land has to be reserved for agriculture. ...Mamata, Pranab share dais, oversee river MoU Financial ExpressAllies back on same stage Calcutta TelegraphTata Nano gets costlier – Is the Price hike Justified? Yes, of course!!
India Business Blog (blog) - 11 hours ago... Congress chief Mamta Banerjee-led Singur row or the small car getting drubbed by a couple of unfortunate fire incidents when it actually hit the roads. ...Congress unity show at Mangalkote
Times of India - Jul 15, 2010BURDWAN: So what if Mamata Banerjee is whipping up the anti-Left sentiments with her rally against the police firing on Youth Congress activists at ...Mamata to flag off Commonwealth Express today
Times of India - Jun 23, 2010NEW DELHI: Railway minister Mamata Banerjee will flag off a special exhibition train to promote the Commonwealth Games here on Thursday. ...Mamata takes firm to court for using image in slipper ad Hindustan TimesRailways condoles Digvijay Singh's death The HinduMamata Banerjee to travel to Dhaka, London and possibly Paris
Daily News & Analysis - Jul 14, 2010PTI New Delhi: Notwithstanding her pre-engagement with the assembly elections in West Bengal, railway minister Mamata Banerjee will keep her date with ...Mamata Banerjee may come to power, but she will inherit a poor administration ...
Economic Times - Jun 29, 2010That's what the next finance minister in a Mamata Banerjee-led Trinamool cabinet will inherit, if TC comes to power. What is even more alarming is that in ...On track to empowerment
Times of India - Jul 14, 2010Mamata Banerjee? You guessed wrong. Meet Samta Kumari, 22, who has more to do with trains than just her name's rhyming likeness to the railways minister. ...CPM using joint forces in own interest: Mamata
Times of India - Jul 4, 2010KOLKATA: Mamata Banerjee on Sunday accused CPM of using joint forces in its own interest in Jangalmahal. The Trinamool Congress chief said she had spoken to ...TC will not support shutdown: Mamata Hindustan TimesTrinamool Congress to protest against fuel hike, but continue to support govt Daily News & AnalysisBengal polls not before mid-2011
Times of India - Jul 6, 2010Rumour mills began working overtime after Trinamool Congress chief Mamata Banerjee recently said the assembly elections could be held during the pujas. ...No proposal to advance Bengal assembly polls: EC Hindustan TimesEC rules out early Assembly poll in WB Deccan HeraldMamata push for rail coach unit
Times of India - - Jul 12, 2010KOLKATA: With an eye on the assembly elections next year, railways minister Mamata Banerjee is pushing ahead with the Kanchrapara railway coach project she ...UPA allies meet to discuss strategy ahead of Parliament session
Times of India - 16 hours ago... Sonia Gandhi attended the meeting as also all allies except railway minister and Trinamool chief Mamata Banerjee and agriculture minister Sharad Pawar. ...Officials say they cannot rule out sabotage
Macleans.ca - Jul 19, 2010Railway Minister Mamata Banerjee says authorities have doubts about whether this was indeed an accident, but instead, a case of sabotage—just two months ...Railways offer VRS to cope with security issues
The Hindu - Jul 13, 2010Railway Minister Mamata Banerjee said this at a meeting of the All-India Running Staff Conference organised by the All-India Railwaymen's Federation on ...Railways offer VRS to aging staff I Government (blog)49 dead in West Bengal train accident: Mamata
India Talkies - Jul 18, 2010Kolkata, July 19 (IANS) Railway Minister Mamata Banerjee Monday confirmed that 49 people were killed when the speeding Sealdah-bound Uttar Banga Express ...Mamata Banerjee gives EGoM meet on fuel a miss
Oneindia - Jun 25, 2010New Delhi, Jun 25: Union Railway Minister Mamata Banerjee has decided to give the Empowered Group of Ministers (EGoM) meeting scheduled to be held on Friday ...Petrol tops Rs 50/ltr as govt lifts control Times of IndiaCong in a spot over ministers
Asian Age - 11 hours agoThey wanted to know why the Prime Minister cannot take away the railway ministry from Ms Mamata Banerjee and allot it to someone in the Trinamul Congress. ...49 dead in West Bengal train accident: Mamata
India-Forums.com - Jul 18, 2010By Indo Asian News Service | 19 July 2010 | 9:38am 0 Comment Kolkata, July 19 (IANS) Railway Minister Mamata Banerjee Monday confirmed that 49 people were ...Timeline of articles
Number of sources covering this story40 bodies identified, severed limbs found at accident site24 minutes ago - SifyBengal train collision: Toll climbs to 6013 hours ago - Indian ExpressUttarbanga Express had crossed speed limit: OfficialsJul 19, 2010 - Hindustan TimesSome doubt over West Bengal train accident: MamataJul 18, 2010 - Times of IndiaScores killed as Indian trains collideJul 18, 2010 - ABC Online
Don't talk to Pakistan till it acts against terror: BJP to govtDaily News & Analysis - 1 hour ago PTI New Delhi: BJP today said India should not engage in dialogue with Pakistan till it takes "credible action" to stop terrorism emanating from its soil and bring to book those involved in the Mumbai terror attacks. "The obstinate attitude of Pakistan ... US treats India and Pakistan the same : BJPSify - 54 minutes ago Citing the $500 million aid given to Pakistan by the US, the main opposition Bharatiya Janata Party (BJP) Tuesday rued that the US treats India and Pakistan the same despite the latter's 'proven links' to terror outfits. '(US Secretary of State) ... No alternative to talks but focus has to be on terror, feels CongTimes of India - 18 hours ago NEW DELHI: Congress wants India to stick to its prime concern of terrorism in talks with Pakistan despite the neighbour's bid to rake up Kashmir and related disputes and put a timeline for resolution. The party feels there is no alternative to talks ... Indo-Pak talks hit new political lowCentral Chronicle - 1 hour ago Ever wonder why a big deal is made of the sour, stale and bitter Indo-Pak ties. Why there is an over-drive? Frenzy? All in the hopelessly futile hope-against-hope that a rainbow will spring out of the thunderous, dark clouds billowing across the ... What is meaningful dialogue Mr Qureshi?Central Chronicle - 1 hour ago To achieve something meaningful in any dialogue, there should be flexibility. In the case of logjam between India and Pakistan, despite all the roadblocks/obstacles in the form of terrorism, India always took the initiative to break the deadlock. ... Phraseology in joint statement 'ruined' Islamabad talksDaily Times - - 16 hours ago NEW DELHI: Indian and Pakistani diplomats are endowed with rich English vocabulary, often used to launch verbal attacks against each other and drafting watertight statements. Their mastery over the linguafranca has proved more than a ... Pakistan Probes Two Ex-Army Officers Over Mumbai AttacksWall Street Journal - - 2 hours ago NEW DELHI—Pakistan is investigating the possible involvement of two ex-army officers and four other militants in the 2008 attacks on Mumbai based on new information provided to it by India, according to a senior Pakistani government ... To Rawalpindi, via KabulIndian Express - 16 hours ago Optimists might yet hope that Pakistan Foreign Minister Shah Mehmood Qureshi will undo some of the damage he did last week by making nice to Indian External Affairs Minister SM Krishna on the margins of an international conference in Kabul on Tuesday. ... Rivals make a positive startGulfNews - - 14 minutes ago After a delay of nearly two years, the foreign ministers of Pakistan and India met in Islamabad on July 15. Since the Mumbai tragedy in November 2008, the peace process dialogue begun in January 2004 had been ... India: Invitation for Pak Foreign Minister's visit standsNDTV.com - Jul 19, 2010 Kabul: A day after Shah Mehmood Qureshi said he would not come to India for a "leisure trip", sources in the government have told NDTV that the invitation for him to visit India stands. New Delhi says it won't be drawn into a slanging match with ... | Timeline of articlesNumber of sources covering this story
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India reminds world of Taliban reintegration redlines, gets US backingTimes of India - 18 minutes ago KABUL: Warning of the dangers of a selective approach towards terrorism, India on Tuesday joined world leaders in backing the reintegration plan of the Afghan government, but only on condition the Taliban renounces violence, cuts off links with ... Pakistan knows where Osama is hiding: ClintonIndian Express - 1 hour ago Secretary of State said she believes that some elements in the Pakistan Govt knows where Osama is hiding. Elements in the Pakistan Government, in particular its intelligence establishment, know where Osama bin Laden, the al-Qaeda leader, ... Mike Mullen, Holbrooke on way to IndiaHindustan Times - 27 minutes ago It is set to be a week of India-US diplomacy as the US' topmost military commander, Admiral Mike Mullen, and Special Envoy Richard Holbrooke come here for talks with Indian officials ahead of US President Barack Obama's visit to New Delhi in November. ...
Senator seeks report on US assistance to PakistanTimes of India - 6 hours ago WASHINGTON: Noting that Pakistan has received over $13 billion worth of US aid post 9/11, an influential Senator has demanded that the Obama Administration should submit to the Congress a report on aid effectiveness and Islamabad's efforts to cease ... US aid can lessen, but not remove Pakistan mistrustReuters Africa - - 4 hours ago ISLAMABAD (Reuters) - US Secretary of State Hillary Clinton's pledge for new development projects for Pakistan is an important step to win favour with its sceptical people but may not be enough to overcome deep mistrust and ... Afghanistan and Pakistan agree key trade agreementBBC News - Jul 18, 2010 Afghanistan and Pakistan have signed a key trade agreement allowing Afghan lorries to use a land route through Pakistan to carry goods to India. The deal also gives landlocked Afghanistan access to Pakistani ports to boost its trade with other nations. ... Clinton defends US strategy in AfghanistanBBC News - - 13 hours ago Even allies of the Obama administration in Washington, like Senator John Kerry, are starting to ask if it is time to redefine the goals or whether it is a lost cause. Polls show more than 50% of Americans want US troops ... Clinton: US, world stand with AfghanistanThe Associated Press - - 9 hours ago KABUL, Afghanistan — US Secretary of State Hillary Rodham Clinton is vowing that the United States and the world will stand by Afghanistan even as fears are growing about the course of the nearly 9-year-old war. Clinton acknowledged deepening ... Pak knows where Osama is: Hillary sticks to tough standHindustan Times - 5 hours ago This put to rest the speculation that she will try softer tack in this latest visit to Islamabad. The last time Hillary went to country, she was asked why the US killed innocent civilians with drones to which she speculated that in her belief, ... Pak needs to clear international concerns on China nuke deal: ClintonTimes of India - Jul 19, 2010 ISLAMABAD: US secretary of state Hillary Clinton on Monday said the world community has reservations about a Pakistan-China deal for the supply of nuclear reactors and wants Islamabad to respond to these concerns. Clinton made the remarks while ... | Timeline of articlesNumber of sources covering this story
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US, Russia to join East Asia SummitAFP - 1 hour ago HANOI — Southeast Asian countries have agreed to invite the United States and Russia to join a key regional dialogue on issues ranging from security to trade and the environment, Indonesia said Tuesday. Indonesia Foreign Minister Marty Natalegawa said ... Asean diplomats give Burma 'earful' over its electionBBC News - - 4 hours ago South East Asian politicians have reportedly told Burma they are greatly concerned about whether its planned election will be free and fair. The secretary-general of the regional grouping Asean, Surin Pitsuwan, said Burma got an "earful" from foreign ... Myanmar neighbours concerned over fairness of pollsReuters Africa - - 2 hours ago HANOI (Reuters) - Myanmar's Southeast Asian neighbours have told the military government they are concerned over whether elections this year will be free and fair, a senior regional diplomat said on Tuesday. ... N.Korea FM to attend Asian security forumAFP - 3 hours ago SEOUL — A North Korean delegation led by Foreign Minister Pak Ui-Chun left Tuesday to attend a regional security forum in Hanoi, the communist state's official news agency said. The minister's visit to Friday's meeting of the Association of Southeast ... ASEAN Foreign Ministers Open Regional Security MeetingVoice of America - - 4 hours ago Photo: AP Foreign Ministers from the Association of Southeast Asian Nations (ASEAN) pose for a group picture at the opening of their 43rd annual meeting in Hanoi, 20 Jul 2010. From left to right: Lao FM Thongloun Sisoulith, Malaysian FM Anifah Aman, ... ASEAN meet calls for 'free and fair' election in BurmaABC Online - 3 hours ago Indonesia's foreign minister Marty Natalegawa has called on Burma to allow outside parties to attend this year's promised elections. Burma is high on the agenda at the Association of South-East Asian Nations (ASEAN) foreign ministers meeting in Hanoi ... ASEAN foreign ministers called for early restart of six-party talksXinhua - - 4 hours ago HANOI, July 20 (Xinhua) -- Foreign ministers of the Association of Southeast Asian Nations (ASEAN) Tuesday expressed their concern about increased tension in the Korean Peninsula following a South Korean warship sinking and called for early resumption ... Russia eyes SE Asia nuclear power plant developmentReuters Africa - - 4 hours ago DALAT Vietnam, July 20 (Reuters) - Russia aims to help Southeast Asian countries build nuclear power plants and develop its safe use in the fast-growing region, officials said on Tuesday. Russia's State Atomic Energy Corporation, or ROSATOM, ... Vietnam holds photo exhibition to celebrate 15-year accession to ASEANXinhua - 5 hours ago HANOI, July 20 (Xinhua) -- Vietnam held here Tuesday a photo exhibition themed "Vietnam- ASEAN, Imprints of 15 years" to celebrate the 15th anniversary of its accession to the Association of Southeast Asian Nations (ASEAN). The exhibition, co-organized ... Burma dominates ASEAN Foreign Ministers' dinnerRadio Australia - 4 hours ago ASEAN foreign ministers are trying make the group more relevant to resolving regional security and financial issues, in a bid to keep pace with Asia's geo-political transformation. But at least one issue continues to be a source of embarrassment for ... | Timeline of articlesNumber of sources covering this story
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RBI to eye inflation causes to decide policyEconomic Times - 1 hour ago NEW DELHI: The Reserve Bank of India's (RBI) monetary stance will depend on whether it perceives inflation as stemming from excessive liquidity or due to supply constraints, the country's top civil servant said. India capable of 10 per cent growth Economic Times India working to rejig its subsidy system: Government Economic Times No intention to interfere with regulators: PranabTimes of India - 1 hour ago HYDERABAD: The government has no intention to intervene in the autonomous role of regulatory bodies, finance minister Pranab Mukherjee said on Tuesday. Inflation no more confined to food items: Finmin Economic Times '8.5 % GDP growth will be satisfactory' The Hindu Sensex slips in last session, ends with 50 points lossSify - 2 hours ago Selling in the last hour of trading pulled down a benchmark index for Indian equities Tuesday 50 points lower on negative cues from European bourses. Nifty ends near 5350 on weak global cues Economic Times Improve technology for 4% farm growth: Agri SecyEconomic Times - 55 minutes ago 20 Jul 2010, 1953 hrs IST, PTI NEW DELHI: India needs to focus on improving farm technology and creating an efficient water management system to achieve the targetted four per cent growth in the agriculture sector, a top agriculture Ministry official ... India still hopeful over kharif crop despite weak rain Commodity Online Govt confident of good kharif crop production Business Standard Checking-in for a flight? Be earlier, rules have changedNDTV.com - 1 hour ago Mumbai: Check-in counters in big cities will now close 40 minutes before departure, as the Air Traffic Control cracks the whip on flights in Mumbai that take-off late, almost everyday, delaying others. SKF India Q2 net profit up at Rs 48.5 crMoneycontrol.com - 52 minutes ago SKF India has declared its second quarter results. The company's Q2 net profit was up at Rs 48.5 crore versus Rs 17.7 crore, year-on-year, YoY. United Spirits' Q1 net down 31 pc to Rs 121.05 cr Economic Times Container Corporation of India India Infoline.com Zee Entertainment Q1 net up 64% to Rs 150 crNDTV.com - 2 hours ago PTI, July 20, 2010 (Mumbai) Media major Zee Entertainment Enterprises (ZEE) today said net profit jumped 64.36 per cent to Rs 150.1 crore in the quarter ended June 30, 2010, on account of higher advertising revenue. Zee Entertainment April-June net up 64 pct Economic Times Zeel to hold 60% in JV with Geodesic Indiantelevision.com New takeover code Is it achievable for corporate IndiaMoneycontrol.com - 1 hour ago This is the penultimate day for India to get a brand new set of takeover regulations. Today is the day that the Takeover Regulations Advisory Committee headed by Chairman C Achutan submitted its set of recommendations to Sebi ie the market regulator. Sebi panel for tax parity in open offer, market sale Economic Times C Achuthan on the Draft Takeover Code Moneycontrol.com Five accused in Satyam scam get bailSify - 4 hours ago The Andhra Pradesh High Court Tuesday granted bail to five accused in the multi-crore rupee Satyam scam. With this, all the accused in the case except the prime accused and disgraced former chairman of Satyam, B. Ramalinga Raju, are out on bail. CBI waits as Nims comforts Raju Times of India US dollar ends higher against rupeeThe Hindu - 1 hour ago PTI The US dollar ended higher against the rupee at Rs. 47.34/35 per dollar but the Pound Sterling turned lower at Rs. 71.84/86 per pound at the close of the Interbank Foreign Exchange (Forex) Market here today. Rupee near 6-week lows on corporate dollar demand Economic Times Rupee Continues To Linger Below 47 mark India Infoline.com Oil giant falls short on spillsThe Guardian - - 1 hour ago Exxonmobile failed to meet its target to reduce oil spills in 2009, according to its annual Corporate Responsibility Report. The number of non-marine spills from the company's operations was 241 over the year, up from 211 in 2008. Video: Feds: Oil, Gas Leaking From Cap on Ruptured Well  The Associated Press Liability at Issue in Oil Flow Rate in Gulf New York Times No plan to muscle in regulators: PranabThe Hindu - 24 minutes ago PTI The Hindu Union Finance Minister Pranab Mukherjee reacts during a media briefing after the meeting of Southern States Finance Ministers and representatives of public sector banks in Hyderabad on Tuesday. Bill to replace Ulip ordinance soon: Chawla Business Standard Vedanta's Sesa Goa sees Q2 profit declining on China slowdownEconomic Times - 4 hours ago 20 Jul 2010, 1648 hrs IST, PTI NEW DELHI: Vedanta Group firm Sesa Goa said its profit may fall in the second quarter due to slowing economic activity in China and prevalent monsoon. Dempo sales aided Q1 nos: Sesa Goa Moneycontrol.com New inflation index from August: Industry SecyEconomic Times - 3 hours ago 20 Jul 2010, 1724 hrs IST, PTI NEW DELHI: The government will, from August, introduce a new system of inflation measurement that would cover price changes of about 250 extra items, Industry Secretary RP Singh said on Tuesday. New inflation index from August domain-B Mozambique project to yield 5.3 MT of coal by 2011: Tata SteelEconomic Times - 2 hours ago 20 Jul 2010, 1758 hrs IST, PTI NEW DELHI: Tata Steel, the world's seventh largest steel producer, expects coal production from its joint venture project in Mozambique to touch 5.3 million tonnes (MT) by 2011. Watch HN Nerurkar, VP, Tata Steel only on ET NOW India Infoline.com BHEL bags ICWAI National AwardThe Hindu - 1 hour ago Special Arrangement BRINGING GLORY: BP Rao(centre), CMD, BHEL and Mr. T. Jambunathan(left), General Manager, Finance, BHEL, Tiruchi receiving the award from the Union Minister of State for Corporate Affairs, Salman Kurshid at a function held recently ... BHEL bags Rs 2665cr coal-based thermal power plant contract Times of India BHEL bags Rs 2665-cr order from Danik Bhaskar Power Economic Times Apple production in HP could touch six lakh tonnes this yearBusiness Standard - 2 hours ago PTI / New Delhi July 20, 2010, 18:56 IST Riding on a normal monsoon and ideal weather conditions, the apple production in Himachal Pradesh could touch a record six lakh tonnes, 114 per cent more than the 2.80 lakh tonnes produced in the previous year. Weak rain not a worry; sugar stocks to riseReuters India - - 4 hours ago Pakistani and Indian foreign ministers agree on more talks but little else. Are these talks futile? Commentary Girls walk on a seaside promenade as it rains in Mumbai July 3, 2010. Weak monsoon not yet a worry for India Economic Times Spectre of drought still hanging over India Commodity Online Inflation has become a problem for India: Robert Parker, Credit SuisseEconomic Times - 2 hours ago In an interview with ET Now , Robert Parker, Senior Advisor, Credit Suisse, gives his views on Indian and global markets. Excerpts: What are your views on India? India zips past China in commercial vehicles race Economic Times RCOM scrips soar on stake sale hopesEconomic Times - 17 hours ago MUMBAI: Reliance Communications' shares rose 2.2% to Rs 191.25 on Monday on hopes that its stake sale to Dubai-based Etisalat will be completed soon. Etisalat-RCom deal likely in two steps; stk gains Moneycontrol.com |
Airtel to launch iPhone 4 in OctTimes of India - Jul 19, 2010 NEW DELHI: Country's largest telecom service provider Bharti Airtel has revealed its plans to launch iPhone 4, the latest product from Apple Computers's stable, by October. Airtel: iPhone 4 launch in India by October PC World India Airtel to bring the iPhone 4 by October in India MediaMughals Nokia Hints at C3, C6 Launch in August and SeptemberPC World India - - 2 hours ago Seeing the need of cheap social networking phones to compete with the low budget phone market, Nokia had announced the launch of Nokia C3 and Nokia C6 handsets earlier this year. Nokia to Launch C6 in September Techtree.com New Tune: Nokia rings in retail-distribution model Economic Times Acer unveils three Timeline X laptopsTechtree.com - - 1 hour ago Before you guys start tormenting about how the Timeline X has been selling in the market for long, and we have to publish this today, here me out. Acer outs Aspire Timeline X series of notebooks for Indian market TechGadgets.in (blog) Acer Aspire Timeline X notebooks hit Indian market TechShout! (blog) New Entry-level Motorola Phones LaunchedTechtree.com - Jul 19, 2010 Motorola has announced the launch of five new entry level handsets in India under the aegis of its familiar MOTOYUVA sub brand. The devices are priced between Rs. Motorola launches 5 cheap entry level phones in India Technology Stop Motorola expands MOTOYUVA series Voice & Data Online Affle Pinch Smartphone App Combines Messaging with Location SharingPC World India - 9 hours ago Affle today announced the launch of Pinch- a smartphone messaging application that combines messaging, contact management and location based services. Affle launches smartphone messaging app 'Pinch' at $0.99 Siliconindia.com Affle launches Pinch smartphone messaging app Telecom Yatra Tata DOCOMO launches 24x7 Live Chat customer services initiativeTelecomTiger - 5 hours ago Tata Teleservices' GSM brand, Tata DOCOMO announced the launch of a new customer services initiative, 'Live Chat Service' for its postpaid and prepaid subscribers. Tata Docomo launches online customer care service Economic Times Mercedes introduces SLS-AMG in India; Priced at Rs 2 CroreThe First Reporter - 1 hour ago All the sport-car lovers will rejoice as Mercedes-Benz brings in its latest model SLS-AMG, which is touted as the ultimate machine in terms of design and speed. Mercedes drives in Rs 2 crore sports car Times of India Get fairer online with a Facebook app!ZNews24.com - - Jul 19, 2010 "Earn money online", "do bank transactions online" and even "grow a pet online" or a "marry a virtual girl online! You could have already heard all these by now. Fairbook termed as racist FV Current Waves Be Prepared: Vaseline Launching Skin Lightening App Black Web 2.0 After worm, Siemens says don't change passwordsBusinessWeek - - 2 hours ago Although a newly discovered worm could allow criminals to break into Siemens' industrial automation systems using a default password, Siemens is telling customers to leave their passwords alone. Virus appears to seek firms' top-secret data San Francisco Chronicle Siemens finds a German victim of cyber-attack Drives & Controls Engineering student makes it to Limca Book of RecordsNDTV.com - 13 hours ago PTI, Updated: July 20, 2010 15:19 IST Hyderabad: A city-based electrical engineering student has entered into the Limca Book of Records for having the most number of International research publications to her credit as an undergraduate researcher. City girl bags Limca Book entry Express Buzz Youngest researcher in Limca Book Business Standard Apple's iPhone 4 Antenna-gate Gambit Pays OffPC World - 17 hours ago To save Apple's iPhone 4 from antenna scrutiny, all it took was the promise of free bumper cases and a dose of Steve Jobs' magic. Video: iPhone 4 BAND-AID ANTENNA FIX FREE BREAKING NEWS Santa Barbara Arts TV Chevrolet Aveo CNG Launched In IndiaOneindia - Jul 18, 2010 Chevrolet now offers CNG variant of its mid size sedan Aveo for the domestic market. President and Managing Director Mr. Karl Slym announced that the launch of Aveo CNG is a testament to the importance that GM India attaches to green technology and ... GM's CNG Vans Ready in the Fall Trailer/Body Builders GM Selects Conversion Partner for CNG Vans Transport Topics Online PC Sales Grow, Prices DeclineInformationWeek - - 1 hour ago Netbook sales growth slowed significantly amid a third consecutive quarter of double-digit growth across all PC sales and average prices declined, according to Gartner. After five years, Dell wrests HP's PC crown Daily News & Analysis 3D 23-inch Asus VG236H monitor launchedTechRadar UK - - Jul 19, 2010 The Asus VG236H 3D monitor has officially launched, with the 23 inch display designed to take advantage of the latest 3D technology. Asus releases VG236H 3D Monitor in India Tech Ticker (blog) Boxee to launch set top box (STB) in few monthsTechnology Stop - Jul 18, 2010 We got news that Boxee will launch a set top box this December which will be collaboration with a Taiwanese firm. Now it has been confirmed by the Boxee CEO Zach Klien as he told the reporters that the Box will hit the market in few months time. Boxee Box ready for mass production Afterdawn.com Your stars this weekCumberland Courier Newspapers - - 1 hour ago You're undoubtedly still reflecting on both the questions and the unexpected developments triggered by the recent potent Cancer eclipsed New Moon. Jimmy Westlake: Bright stars, planets defy moonlight Steamboat Pilot Nefarious Saturn may overwhelm Jupiter-Pluto positivism Daily News & Analysis Lemon Mobiles ties up with mobile-based social community, mig33TelecomTiger - 5 hours ago Fastrack Communications Pvt. Ltd.'s Lemon Mobiles entered into a tie-up with mobile social networking company, mig33 following which its handsets will now come preloaded with the mig33 platform. India: the next mobile manufacturing hub Telecom Yatra Posted by mrudula on July 20th, 2010 Trimours (blog) Telecom Newsletter - July 12 to July 16, 2010India Infoline.com - Jul 19, 2010 The GSM-based cellular service providers have reported subscriber additions of 12.3mn (excluding RCOM and Tata Tele) during June, as against addition of 11mn in May, taking the total subscriber base to 456.59mn, the Cellular Operators Association of ... Indian Mobile Connections to go further than 600 Million in 2010 Weblineindia.com Graphene To Cut Short Your Re – Charging TimeOneindia - 31 minutes ago Innovation is on its fast pace, as the demands of man rises every minute, innovations too are pacing really fast to match with those demands. Get Li-ion battery recharged in 10 minutes EE Times India Lithium-ion batteries recharge in 10 minutes with graphene boost ZDNet UK (blog) Police crack down on computer support phone scamThe Guardian - 20 hours ago Nineteen websites which were used to perpetrate a phone scam offering "computer support" that defrauded people across the English-speaking world have been closed down by police. Microsoft Scam Run From Indian call Centres ITProPortal | Images ZNews24.com  Techtree.com  TechGadgets.in ...  Tech Ticker (bl...  Telecom Yatra  MobiGyaan  Evo  IndyPosted  TopNews Arab Em... |
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