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Zia clarifies his timing of declaration of independence

What Mujib Said

Jyoti Basu is dead

Dr.BR Ambedkar

Memories of Another day

Memories of Another day
While my Parents Pulin babu and Basanti Devi were living

Thursday, June 11, 2009

OBAMA Love Letter to Singh King. Burn...


OBAMA Love Letter to Singh King. Burn in New Delhi. Load shedding in Kolkata as DIVESTMENT is RIGHT on Track and DMK as well as TMC MANAGED. Mamata READY for Foreign Investment and CORPORATE Cooperation as CPIM lost KHEJURI. Helpless MARXISTS Look For ESCAPE ROUTE into DEEP water. MORE FDI and TAX Holiday for ILLUMINATI. FM Asks PUBLIC SECTOR Banks to EXPLORE MERGER. JESSOP Enforces VRS for forty without any Payment.

 


Troubled Galaxy Destroyed Dreams: Chapter 254

 

Palash Biswas


Karat & Co to debate 3rd Front fiasco today


Times of India - ‎17 hours ago‎

KOLKATA: CPM mandarins, be they Prakash Karat or Biman Bose, have by now reconciled themselves to the fact that propping up the Third Front just before the ...

CPM report to play safe Calcutta Telegraph



Business Standard



हिंदी में


Karat to take ache to Basu


Calcutta Telegraph - ‎19 hours ago‎

CPM general secretary Prakash Karat and politburo members Sitaram Yechury and S. Ramachandran Pillai are likely to have an audience with the party patriarch ...

No Marx for this Hindustan Times






Calls for Achuthanandan to quit over support to Governor


Hindustan Times - ‎6 hours ago‎

There were also reports that Finance Minister Thomas Isaac met CPI-M national general secretary Prakash Karat in New Delhi and conveyed discontentment among ...




No change in PB's stance says, Prakash Karat


Kerala Online - ‎Jun 9, 2009‎

However, Prakash Karat
refused to comment on the question whether Governor's decision was
politically motivated. Earlier, the Polit Bureau had branded the ...



CPM wiped out of Khejuri


Times of India - ‎16 hours ago‎

KHEJURI: The CPM in Khejuri the last Red bastion in East Midnapore is in disarray. Leaders have fled the area, leaving supporters to face the brunt of the ...



Economic Times - Business Standard


'Corrupt are being hounded out'


Times of India - ‎16 hours ago‎

KHEJURI: The final fortress of Left rulers is under siege in East Midnapore. On Wednesday, when well known Left field marshals of Khejuri remained ...

Post-poll clashes erupt all over


The Statesman - ‎May 17, 2009‎

Meanwhile, sporadic incidents of violence erupted at various places in Nandigram and Khejuri of Midnapore East district, leaving at least 20 persons injured ...

Four killed in Murshidabad The Statesman

Impose Article 355 in Bengal: Trinamool to Gandhi


Indian Express - ‎Jun 9, 2009‎

“In various parts of Bengal like Khanakul, Keshpur, Khejuri, Burdwan, state sponsored terrorism has been unleashed. We have apprised the Governor about it. ...






Banking secrecy spices up Indian elections


Swissinfo - ‎May 13, 2009‎

Indian villagers queue outside a polling booth at a village in Khejuri, 165km southwest of Calcutta (Keystone) Forget slumdog millionaires, ...












Nayachar or Nandigram, problems remain


Livemint - ‎Jun 8, 2009‎

“People are coming from either the Nandigram-Khejuri region or from South 24 Parganas for obvious political reasons,” he said. “We are keeping a close watch ...






 










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ET Portfolio Wizard:Track and juggle your investments and watch your money grow.

Satyam to put 10,000 staff on 'virtual pool'
11 Jun 2009, 2000 hrs IST,
ET Bureau



The beleaguered firm's associates will be allowed to take home
only part of their salary along with their provident fund and Medical
Insurance. All about Satyam




Great Places to Work: Others in India's top 50 list
11 Jun 2009, 1753 hrs IST,
Economictimes.com and Agencies



ET along with Great place to Work Institute brings to you other top 25 workplaces across various industry verticals. Top 10 valuable brands | 10 most admired cos





All headlines >>News on your MobileLog on to m.economictimes.com





Blogs: Why disinvestment is not any great piece of reform|Mr. Prime Minister ..The Journey Starts NOW !!!

















Smartphones









iPhone 3GSiPhone 50% cheaper? Not Really!
Simple math suggests that the price has been halved, but the truth is that it's only been reduced by $100. Apple's iPod Shuffle


More >>








 




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href="http://netspiderads3.indiatimes.com/ads.dll/clickthrough?slotid=164"
target="_blank"><img
src="http://netspiderads3.indiatimes.com/ads.dll/photoserv?slotid=164"
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Govt clips CRPF's wings to calm Kashmir anger


IBNLive.com - ‎1 hour ago‎


Srinagar: The Jammu and Kashmir government is cracking the whip to calm outrage in the state over the alleged rape and murder of two women 11 days ago.









Reformists hope Iran vote will unseat Ahmadinejad


Reuters - ‎1 hour ago‎


By Parisa Hafezi TEHRAN (Reuters) - Iran's presidential candidates ended a hard-fought and bitter campaign on Thursday, the eve of an election which reformists hope will prevent hardline Mahmoud Ahmadinejad winning a second term.









Holocaust museum closed for day to mark shooting


The Associated Press - ‎1 hour ago‎


WASHINGTON (AP) - The US Holocaust Memorial and Museum was shuttered Thursday with its flags at half-staff as it mourned a guard who died stopping a rifle attack by a gunman authorities identified as an 88-year-old white supremacist.





Washington Post - MiamiHerald.com - Jewish Telegraphic Agency - Sify


Tech Mahindra offer may not get full subscription: analysts


Business Standard - ‎1 hour ago‎

PTI / Mumbai June 11, 2009,
18:59 IST Tech Mahindra's open offer for acquiring a controlling stake
in Satyam Computer, which begins tomorrow, may not be fully subscribed
as shareholders will get a better price in the market with the shares
of the ...






Sensex ends choppy session flat


Economic Times - ‎57 minutes ago‎

MUMBAI: Indian markets ended a
choppy session lower Thursday, as bulls took a breather after a two-day
rally. Traders also chose to stay away as market lacked overseas cues.






Monsoon rain 37 pct below normal in early June


Reuters India - ‎15 minutes ago‎

NEW DELHI (Reuters) - India's
monsoon for the week ended June 10 was 37 percent below normal as the
progress of the annual rains, crucial to the farm sector, stalled after
an early start, the Meteorological Department said on Thursday.



Hindu Business Line - Times of India - Bloomberg - Wheels Unplugged - Indis'a Automobile Magazine






Samsung launches solar-powered phone


Times of India - ‎7 hours ago‎

NOIDA: Leading mobile handset
manufacturer Samsung launched a low-cost solar-powered mobile phone,
and said it was planning to introduce about 20 more models by year-end.






HTC plans to launch Android phone for Indian consumers


Economic Times - ‎21 hours ago‎

10 Jun 2009, 2235 hrs IST, PTI
BANGALORE: HTC Corporation, global designer of mobile phones, on
Wednesday indicated that it is planning to launch shortly the Android
mobile handset, based on the open source platform for mobile devices,
in the Indian ...






Acer and Intel to launch Timeline series of notebook models


Hindu - ‎2 hours ago‎

Bangalore (PTI): Leading
notebook player Acer and leading chip manufacturer, Intel, today
announced the launch of the `Aspire Timeline Series' (ATS) of
featherweight notebook models in India.



itVARnews.net (press release) - Netbook Choice - CD Freaks.com - CD Freaks.com






Why Real Madrid's finances outstrip Manchester United


Times Online - ‎1 hour ago‎

Gabriele Marcotti, our European
Football Correspondent, says the Spanish club's awesome financial
muscle means they have not finished spending.






India face first real challenge against West Indies


Hindu - ‎5 hours ago‎

London (PTI): After a cakewalk
against minnows in the league matches, India would be in for their
first real challenge as they square up against the West Indies in their
Super Eight opening match in the Twenty20 World Cup at the Lord's here
on Friday.






Karthik gets nod to replace Sehwag


CricInfo.com - ‎1 hour ago‎

The ICC has approved Dinesh
Karthik as a replacement for Virender Sehwag in India's squad for the
World Twenty20. The indian biard was told of the confirmation on
Thursday.



Reuters India - Cricket Nirvana - Times of India - Rediff



हिंदी में


United Nations (PTI): Climate change
could uproot millions in the future causing displacement and migration,
warns a new UN-supported report.


The report said that displacement will
get worse "unless vulnerable populations, especially the poorest, are
assisted in building climate-resilient livelihoods."


Researchers interviewed more than 2,000
migrants in various parts of the world and mapped climate change in the
Ganges, Nile and Mekong deltas, Tuvalu and the Maldives, among other
areas.


The publication supported by the UN
University (UNU), UNHCR, the World Bank, Columbia University and the
NGO CARE was launched at the UN climate change conference under way in
Bonn, Germany.


"In coming decades, climate change will
motivate or force millions of people to leave their homes in search of
viable livelihoods and safety," it said.


"Unless aggressive measures are taken
to halt global warming, the consequences for human migration and
displacement could reach a scope and scale that vastly exceed anything
that has occurred before," it warned.


Koko Warner of UNU's Institute for
Environment and Human Security told UN Radio that the majority of the
migrants polled said that the environment has affected their decision
on where and how to live.

Obama tells Manmohan he wants to deepen India-US ties



June 11th, 2009 - 9:02 pm ICT by IANS


Tell a Friend



-








Barack Obama
New Delhi, June 11 (IANS) US President Barack Obama is committed to
broadening and deepening relations with India, according to a letter
from him given Thursday to Prime Minister Manmohan Singh.

US Undersecretary of State William Burns handed over the communication from Obama to the prime minister.


“I conveyed a personal message from President Obama which
underscores his commitment to broadening and deepening relations
between India and the US,” Burns told reporters later.


“The US views India as one of our key global partners in the 21st
century. We can accomplish a lot together in the days to come,” he
added.


Earlier in Washington, the US special envoy for Afghanistan and
Pakistan, Richard Holbrooke, disclosed that Burns was carrying a letter
from the president for Manmohan Singh.


“It’s a private letter,” said Holbrooke, declining to disclose the
contents. “But the important thing is that the number three person in
the Department of State has gone to India … immediately after the
(Indian parliamentary) election,” he said.


“And without getting into Indian politics, all I can say is that all
of us - Secretary (of State) Hillary Clinton, Bill Burns, myself,
President Obama - everyone looks forward to working with the newly
elected Indian government.”


http://www.thaindian.com/newsportal/uncategorized/obama-tells-manmohan-he-wants-to-deepen-india-us-ties_100203746.html










Obama's letter handed over to PM
11 Jun 2009, 1710 hrs IST



US
Under Secretary of State William Burns on Thursday (June 11) handed over US
President Barack Obama's letter to Prime Minister Manmohan Singh at his
residence in New Delhi. The US diplomat carried a private presidential letter
for the Indian government, with whom the Obama administration is looking forward
to work with.



US Special envoy to Afghanistan and Pakistan Richard
Holbrooke said Burns, currently on a three day trip to India, is now beginning
the dialogue with the newly elected government in an atmosphere of great
positive feelings. Holbrooke's recent trip to Pakistan was at the instance of US
President Barack Obama, to access the ground realities in refugee camps where
people displaced by Pakistan military's action in the Swat valley and adjoining
areas are housed.



Burns is the first senior official of US President
Barack Obama's administration to visit India after the recent Lok Sabha
elections.



India has already raised with the US its concern about
the lack of cooperation from Pakistan in the Mumbai attacks case. Jamaat-ud-Dawa
(JuD) chief Hafiz Saeed, suspected to be the mastermind behind the 26/11 attack,
was recently released by a Pakistan court.
http://www.timesnow.tv/US-Under-Secy-of-State-meets-PM/articleshow/4319342.cms



Steel minister okay with divestment


Economic Times - ‎Jun 10, 2009‎

NEW DELHI: Steel Minister Virbhadra Singh on Wednesday pushed for divestment of stake in companies under his ministry and said he would take up the issue of ...

Can consider offloading PSU stake: Virbhadra Indian Express


In India, Investors 'Buy Anything'


Wall Street Journal - ‎12 hours ago‎

The government's budget could offer further divestment plans amid the need to stimulate the economy without severely worsening the fiscal deficit. Air India ...












Kanimozhi hits out at PSU divestment


Express Buzz - ‎Jun 8, 2009‎

It will not help especially, to a country like India where socialist model is very important to us. So, we cannot think of disinvestments in the PSUs,'' she ...

Objections to disinvestment can be sorted out by











CitiFinancial reduces asset book by a third


Business Standard - ‎22 hours ago‎

CitiFinancial, Citibank India's non-banking finance arm, has reduced its asset book by one-third and its branch network by a quarter of the year-ago level ...












Buyers find PSU stocks attractive on divestment hopes


Hindu Business Line - ‎Jun 9, 2009‎

... State Trading Corporation (91.02 per cent) and Engineers India (90.40 per cent) – are likely to be considered for divestments in the short term. ...




With no respite from the gruelling heat or the severe power cut, Kolkatans were left sweating both indoors and outdoors.As the Budge Budge
Unit I still shut, the city witnessed massive power cuts throughout the
day. With a demand of around 1263 megawatts, there was a shortage of
around 170 megawatts in the afternoon. Large parts of the city from
Shyambazar to Tollygunge, Nagerbazar, Ballygunge and Hazra witnessed
power cuts ranging from an hour to nearly two-and-half hours.

Environment experts and wildlife conservationists say the huge
displacement caused by the cyclone may force many of the estimated
400,000 people who live among the mangrove forests, the narrow creeks
and the wide rivers to enter protected forests, thereby seriously
threatening one of the richest but most fragile ecosystems on earth.


“Aila has inundated the entire Sundarbans region and displaced
thousands of residents in the islands. They have lost everything in the
natural calamity. They are now living under the open sky with their
families and children,” WWF senior programme officer Subhro Sen told
IANS.



Sen, along with his team works extensively in the Mousuni island, located in the western part of the Sundarbans.



“The agricultural lands and all water bodies are now filled with
saline water. People who get their livelihood through vegetation,
fisheries and cattle farming have landed in deep trouble. Everything
has been washed away by the cyclone and the rural economy has virtually
collapsed,” he said.



According to Sen, the have-nots in the Sundarbans would now start
entering the forest territories in search of a livelihood once the
flood water recedes from the island region. This will largely disturb
the Sundarbans biosphere that harbours rare animals like the estuarine
crocodile, fishing cat and Gangetic dolphin.



“It will force marooned residents to depend more on forest products
like honey and timber. This apart, people will also go for crab
catching, fishing in the creeks and enter the restricted areas,” he
said, adding: “Lack of livelihood resource could also increase
incidents of poaching in Sundarbans as people will be left with few
options”.



The alluvial archipelago called the Sundarbans, formed by 56
riverine islands, has been declared a World Heritage site by Unesco for
its rich biodiversity and is home to the famous Royal Bengal Tiger.


Located in South 24 Parganas district of West Bengal, it is a vast
area covering 4,262 sq km, including a mangrove cover of 2,125 sq km in
India alone, and a larger portion in Bangladesh.



“As far as the environment and wildlife are concerned in Sundarbans,
we’re on the verge of another disaster just due to lack of
administrative action and a disaster management plan on the part of the
government,” social worker Tushar Kanjilal told IANS.



Kanjilal runs a welfare organisation, Tagore Society for Rural
Development, in the Sundarbans and has been working on various social
and environmental projects in the deltaic zone since 1967.

-+


“If the basic problems of Sundarbans’ residents are not addressed
properly, the situation will worsen further. This would also affect the
environment and wildlife too. Aila is not the last disaster. I am sure
there will be many other cyclonic disasters; some of them could be more
intense than what we’ve seen this time,” he said.



The Sundarbans delta, formed by the myriad branches of the Ganga,
has forest tracts that reach 130 km inland from the coastline. It forms
the most effective barrier against tidal surges and tsunami waves known
on earth. The flip side is that the area itself is on the frontline of
natural disasters.



“As an alternative, we’ve suggested that the state government and
local bodies like panchayat and zilla parishad should encourage people
to build elevated structures to save human habitations from any
flood-like situation in future,” Sen said, adding that the government
can also promote saline paddy cultivation in that salt-water belt as a
sustainable alternative.

the world is officially in the grip of the first global flu pandemic for 40
years, health officials said today.
The World Health Organisation (WHO) has declared that H1N1
swine flu
has reached the status after more than 27,000 cases were
confirmed across several continents.




A statement from the UN health agency is expected shortly.




The decision to raise its global alert level from five to six — officially
signalling a pandemic
— came after a day-long emergency meeting of the
WHO to discuss the implications of widespread outbreaks of illness in the
Americas, Europe and Asia.



Washington Slave Dr Manmohan Singh gets the most wanted OBAMA Love Letter to implement and execute AFPAK Policy with a PUSH for INDO Pak talks while BURN lands in New Delhi. Marxists CUT to SIZE and DMK as well as TMC managed, the DIVESTMENT is RIGHT on TRACK.Mamata CAPTURES left bastion KHEJURI and deprives ex RLY Minister Lalu of life time Pass. She is all set to COOPERATE with Corporate India as well as Corporate Capitalism while HINDUTVA ZIONIST RSS face Parliamentary NDA strikes a DEAL on FLOOR COORDINATION for the Final Kill!

Pitching for resumption of the India-Pakistan dialogue, the US on
Thursday said it is pressing Islamabad to take firm and urgent action
against extremists and terrorists operating in its territory!

A high-level meeting today decided to review the deployment of CRPF in
Jammu and Kashmir with Home Minister P Chidambaram saying the Centre
would like the paramilitary forces to play only a secondary role in the
border state.We know well about the Parrelal DIVIDE in Demography, Landscape and Humanscape to ISOLATE Kashmir, North East and entire Himalayan Region as well as DANDAKARANY where Law and Order means ABSOLUTE Military Power with ZERO Tolerance. Kashmir heads to GEARED UP Repression once again as it suits US as well as Zionist interests! As far as the OBAMA Message to MUSLIM World signaling INCLUSION is already proved NONSENSE as we have to witness INFINITE FIRE and BLASTS right into our heart in Indian Ocean thanks to CIA MOSSAD activities coupled with Strategic HINDUTVA Manusmriti Apartheid Illumininat Zionist Realliance in US and israel lead. Though, the United States doubts a policy speech Israeli Prime Minister
Benjamin Netanyahu is to deliver next week will satisfy President
Barack Obama's peacemaking demands, Western diplomats said on Thursday.On the other hand, Seven world powers on Wednesday agreed on a draft UN Security Council
resolution to expand sanctions against North Korea for its recent
underground nuclear test and a barrage of missile tests.

Railway minister Mamata Banerjee on Thursday hinted at the withdrawal
of the free lifetime pass issued to her predecessor Lalu Prasad to
travel in first class air-conditioned coaches with three companions!

Meanwhile, after its
drubbing in West Bengal in the Lok Sabha elections, the state unit of
the CPI-M on Thursday began a two-day meeting to analyse reasons behind
its poor performance in the Left Front-ruled state.
The party, which had won 26 of the 42 Lok Sabha seats in the state in the 2004 polls, won only nine this time.The meeting is being attended by CPI(M) General Secretary Prakash Karat and Polit Bureau member Sitaram Yechury.Mr Yechury told reporters that the CPI(M) would analyse the poll results in detail.


The US on
Thursday pushed for resumption of Indo-Pak dialogue while emphasising
that the resolution of the Kashmir issue should take into account the
"wishes" of the people of the state, resonating Pakistan's view.


US Under Secretary of State William
Burns told a press conference in New Delhi after discussions with Prime
Minister Manmohan Singh that the "pace, scope and character" of the
Indo-Pak dialogue, suspended since the Mumbai terror attacks, be
decided by the leaders of the two countries.



"The US has always welcomed dialogue
between India and Pakistan. But it is also obvious that pace, scope and
character of that dialogue is something Indian and Pakistani leaders
have to decide. And how and when to approach that dialogue is also
something for them to decide," he said.



Mr. Burns, the first high-ranking US
official to visit India after the recent elections, handed over a
letter from President Barack Obama to Dr. Singh but declined to divulge
its content.



In response to a question on Kashmir,
Mr. Burns said "it remains our view that resolution of the Kashmir
issue has to take into account wishes of Kashmiri people."



On Mumbai terror attacks, the US
official said Pakistan has a special responsibility to bring the
perpetrators to justice and take "concrete steps" to ensure there is
"no repeat" of it.


Burns meets Advani

 
US Under Secretary of
State William Burns on Thursday met Leader of Opposition L K Advani and
is understood to have discussed Indo-US bilateral ties and the
situation in Pakistan with him.




Burns, who is the first senior official
of US President Barack Obama's administration to visit India after the
recent Lok Sabha elections, spent about 45 minutes with Advani.



"Since this was the first visit of a
senior US official after the new government took over in India, several
bilateral issues and Pakistan government's lack of sincerity towards
India after the Mumbai terror attacks came up for discussion," a source
close to Advani told PTI.



India has already raised with the US
its concern about the lack of cooperation from Pakistan in the Mumbai
attacks case. Jamaat-ud-Dawa chief Hafiz Saeed, suspected to the
mastermind behind the 26/11 attack, was recently released by a Pakistan
court.


India, US to form Joint Working Group for ties in education

 
Seeking to take forward
cooperation in the education sector, India and the US on Thursday
agreed to set up a Joint Working Group which will focus on
institutional linkages in the fields of secondary, higher and
vocational education.



The Joint Working Group will be headed by Union Minister of Human Resource Development of India and its equivalent from the USA.



This was decided at a meeting between
HRD Minister Kapil Sibal and a US delegation headed by William Burns,
Under Secretary, Political Affairs here.



The visiting delegation expressed keen
interest in pursuing a bilateral dialogue with India for fruitful
cooperation in the field of education.



The Joint Working Group will meet once
every year alternately in India and USA and will focus on having
institutional linkages in the area of secondary, higher and vocational
education, officials said.


Mr. Sibal said India with its young
population will be a major provider of trained workforce to the entire
world in the knowledge driven era.

Muslim quota talk futile, affirmative action okay: Salman

 
Minority Affairs
Minister Salman Khursheed on said that there is no point getting into a
futile argument on reservation for Muslims till a Constitutional
amendment enables it and instead favoured affirmative action for the
betterment of the community.



"One day it might be possible if you
get consensus in the country and you get a constitutional instrument by
which it (reservation) could be done," he told PTI.



While arguing that he was not against
reservation for minorities, he stressed the need for the "majority's
acceptance, support and willing implementation in the empowerment of
minorities". Till then why get into a futile argument, he wondered.



But reservation is not the only way (for minority welfare), he said, adding, "affirmative action has many other ways".



The minister said he would rather focus on existing tools to carry out minority welfare work.


Highlighting the various measures taken
by the UPA government in this regard, he said there should be
concentration on reaping benefits of all this.


Decontrol fuel price, restore tax holiday: industry asks Govt

 
Freeing petrol and
diesel prices from official control, restoring tax breaks on natural
gas production and tax holiday for private oil refiners should be part
of the government's agenda in the first 100 days, industry wished.



The Petroleum Federation of India, the
apex body of public and private oil firms, has submitted to the Oil
Ministry a 100-day agenda for the new Government.



On top of its list is decontrol of
petrol and diesel prices. Currently, public sector retailers sell auto
fuel at Government-dictated rates, which the private sector competition
is unable to match in times of high input cost (crude oil prices).



Petrofed has asked the Government to
operationalise the March 28, 2002, resolution that freed petrol and
diesel price from administrative control. State retailers fixed retail
selling price every fortnight based on international rates till 2004
when the UPA came into power for the first time and brought back
administrative controls.



The Federation also wanted the
Government to gradually phase out subsidy on domestic LPG through
provision of subsidy to families through coupons/smart cards. Also, it
wanted the Government to provide targeted direct subsidy administered
through a smart card system for distribution of kerosene.


It wanted the tax holiday on natural gas to be restored and the same extended to private oil refiners.


Govt servants to miss out on some holidays next year

 
It may not be good
news for government servants in the capital as eight of the 17 holidays
declared by the government for 2010 fall either on Saturdays or
Sundays.


The Ministry of Personnel has announced
17 holidays including three national holidays -- Republic Day,
Independence Day and Mahatma Gandhi's birth anniversary -- for
government offices in the national capital.



Milad-un-Nabi, Mahavir Jayanti,
Independence Day, Idu'l Fitr, Mahatma Gandhi's birthday, Dussehra, Guru
Nanak's birthday and Christmas Day fall on either Saturday or Sunday
next year.


Government declared holidays are
Prophet Mohammad's birthday (February 27), Holi (Mar 1), Ram Navami
(Mar 24), Mahavir Jayanti (Mar 28) Good Friday (Apr 2), Buddha Purnima
(May 27), Janmashtami (Sept 2), Idu'l Fitr (Sept 11), Dussehra (Oct
17), Diwali (Nov 5), Idu'l Zuha (Nov 17), Guru Nanak Birthday (Nov 21),
Muharram (Dec 17) and Christmas Day (Dec 25).



Any change in the date of holidays in
respect of Idu'l Fitr, Idu'l Zuha, Muharram and Id-e-Milad, if
necessary, will be announced depending on the sighting of the moon.


'PSUs to be nursed to health before disinvestment'

 
The government is
working on a plan to nurse sick public sector units back to health
before any disinvestment takes place in these companies, Chairman of
the PSUs revamp board Nitish Sengupta has said.



"Yes, we want to bring the loss-making
companies to record operating profits before they can be disinvested,"
the Board for Reconstruction of Public Sector Enterprises (BRPSE)
Chairman told PTI.


Although, the government would not
disinvest its equity in PSUs below 51 per cent, it could go in for
strategic partners for those firms which are chronically sick and
cannot be revived, the BRPSE chief said.



The board has convened a meeting on
June 26 to consider few cases, including that of ITI Ltd, Bangalore and
Burn Standard Company Ltd, Kolkata.



The board is also keen on studying the
case of Air India, which is in the process of integration with Indian
under the entity — National Aviation Company of India Ltd (NACIL).



"We have requested the Ministry of Civil Aviation that we would like to study Air India, they have not yet replied," he said.



Mr. Sengupta said the Civil Aviation Ministry will be reminded on the BRPSE proposal to study NACIL for reconstruction.


India adds over 8 mn GSM mobile users in May



 
The GSM-based mobile
operators in the country added 8.3 million subscribers in May taking
the total subscriber base to 306.4 million.



As per the data released by the
Cellular Operators Association of India (COAI), the total number of GSM
subscriptions in India reached 306.4 million in May compared to a
subscriber base of 298.1 million in April.



Bharti Airtel maintained its leadership position in the GSM-space with a market share of 32.48 per cent.



Airtel hit the landmark of reaching 100 (99.5) million subscriber mark with the addition of 2.8 million subscribers in May.



By adding 2.5 million new GSM
subscribers, Vodafone Essar took its subscriber base to a total of 74
million. In April, Vodafone had added 2.7 million subscribers.



Idea Cellular with 14.84 per cent market share has added 1.3 million subscribers taking its subscriber base to 45.4 million.



Among the public sector players, BSNL's
total subscriber base touched 48.1 million subscribers as it added 4.5
lakh users in the month of May.



The subscriber addition in May dropped drastically for BSNL as in April the firm had added 1 million new users.



BSNL has a market share of 15.72 per cent.




MTNL has managed to add 38,036 users taking its subscriber base to 4.2 million.



In April, MTNL had added 45,553 subscribers.


FIIs favouring India; will keep investing: ICICI Securities Chief

 
India's image as a
safe investment destination has been further cemented by the post- poll
stock market rally and global investors would keep coming in with huge
funds during 2009, ICICI Securities' chief Madhabi Puri Buch said on
Thursday.



"Market should sustain its growth
momentum. The FII (foreign institutional investment) liquidity will
also continue... We have a large number of FII clients and they all are
very bullish about Indian market," she told PTI in a telephonic
interview.



Buch noted that about 90 global funds,
at a conference hosted by I-Sec in March, had said that "even if
markets went down, their India allocation would be intact."



"That was the time when things were not
so rosy for the stock market and there was a level of uncertainty among
the investors... Despite that the funds were bullish about India," she
added.



The MD and CEO of the country's top
equity brokerage house said that in less than two and half months of
the current fiscal, FIIs have already pumped in $6.3 billion -- which
is more than half of the total outflow of about $11 billion in the
previous fiscal 2008-09.



"Going forward, I would say that we see continuation of FII inflow over the next 3-6 months," she said.


ATS submits chargesheet against Maoists arrested in 2007

 
Two years after the
arrest of suspected Maoists - Shridhar Srinivasan and Vernon Gonsalves
- Maharashtra Anti Terrorism Squad (ATS) has submitted a chargesheet
against the two for initiating 'Guerilla war' against the state.



"As a part of the banned organisation,
all the accused were initiating armed guerilla war against the state,"
said the chargesheet submitted before a sessions court on June 8.




According to the prosecution, while
Srinivasan was a national member, Gonsalves was a state leader of the
Communist Party of India (Marxist-Leninist).



The duo, along with four other
absconding accused -- Gajrala Sariayya, Milind Teltimbde, Ishkara and
Seema Hirani -- have been booked for heinous crimes of waging war and
indoctrinating men to wage war against the country.



They are also charged for collecting money to hatch a criminal conspiracy and involving in organised crime syndicate.



If the charges are proved, they can face a maximum punishment of death penalty.



Srinivasan and Gonsalves have also been booked for running training camps for handling and using arms and explosives.


EDITORIAL COMMENT | Steady At The Wheel





COMMENT | Steady At The Wheel


10 Jun 2009, 0000 hrs IST



Throughout
the just-concluded election campaign, opponents sought to portray Prime Minister
Manmohan Singh as a weak head of government. But he

seemed unfazed, asserting
that when it matters, he delivers.


There is no mistaking that
Singh has been more visibly assertive of late. He took on L K Advani during the
campaign and refused to be arm-twisted by tantrum-throwing allies while picking
his cabinet. The latter may be because he is buoyed by the substantive mandate
his party enjoys. Whatever the reason, the change is welcome. We only hope it is
a sign of things to come.



After outlining his government's
priorities, Singh has now chalked out the rules of the game for his ministers.
In a written note sent out to his council of ministers, Singh has touched upon
issues from performance to giving more responsibility for young ministers. He
wants ministers to get cracking on their 100-day agendas, which Singh expects to
be in step with the government's stated vision.



Importantly, Singh
has instructed his ministers to "speak in one voice" which, when translated,
means no more shooting one's mouth off on policy and controversial issues. The
last government had several loose cannons, with ministers often playing out
their turf wars in public.


They created unnecessary
controversies, deflecting attention from governance. It's time to bring such
tamashas to an end. Singh has forbidden ministers from going public on policy
issues - especially when they concern more than one ministry - until they have
been cleared by consensus in cabinet. This stress on consultative governance is
heartening.



Just as Singh is being firm in dealing with his cabinet
colleagues, he must brook no attempts by allies hell-bent on stalling the
reforms agenda for their own political gains. Already the DMK and Trinamul
Congress have cried foul at plans to divest public sector undertakings.


We can expect more resistance
when it comes to reforms in the insurance, education and retail sectors.
Increase in social sector spending is vital. But the funds for that will not
come out of thin air. Divestment and opening up our markets further are not
mutually exclusive to shoring up the social sector and poverty alleviation; the
latter, in fact, will depend on the former.


We witnessed how the previous
government was held hostage by the Left, and the reforms agenda was put in the
deep freeze. Singh, the architect of India's first generation reforms, must put
the development and reforms programmes on fast track, and make this clear to UPA
allies right at the beginning. Else, this government could end up being in the
same limbo as the previous one. The country cannot afford that.
http://timesofindia.indiatimes.com/Editorial/EDITORIAL-COMMENT--Steady-At-The-Wheel/articleshow/4636453.cms




Wish India provided all information on 26/11 'in one go': Pak


Islamabad (PTI) Pakistan on Thursday
said it wished India had provided all evidence and information
regarding the Mumbai terror attacks "in one go" and maintained that it
was still awaiting the English translation of some material handed over
to it last month.


To a question at his weekly news
briefing on addressing India's concerns regarding the 26/11 attacks,
Foreign Office spokesman Abdul Basit said Pakistan is committed to
bring the "perpetrators of this reprehensible act to justice" and is
"sparing no efforts" in this regard.


Pakistan is "not apologetic" on the
issue of Mumbai attacks and sincerely believes that matters like
terrorism and extremist violence can only be addressed through
dialogue, he added.


At the same time, he said Pakistan
wished that India had provided all evidence and information regarding
the attacks "in one go".


Part of the information given by India
on May 20 in various languages had now been provided in an English
translation and Pakistan is now awaiting the remaining material, he
said.


"This shows both sides are cooperating
and have a constructive mindset about moving forward. It also
underlines that bilateral cooperation is so important. Otherwise it
will be difficult to address all these issues," he said.



Pak Army reaches Waziristan edge, minister attacked


Islamabad (PTI): Pakistan's war against
Taliban on Thursday reached the edge of Waziristan, the suspected
sanctuary of top commanders of Taliban and al-Qaeda, killing 66
militants as extremists made an abortive bid to assassinate a senior
NWFP minister.


Fighting raged between the Army and
Taliban in south Waziristan, the main base of Pakistan Taliban chief
Baitullah Mehsud, as 400 militants attacked two military forts
trigerring fierce clashes that left 22 extremists and three soldiers
dead.


"400 Taliban militants attacked
Siplatoi and Jandola forts late last night in which three soldiers
embraced shahdat (martyrdom) and five injured, while 22 militants were
killed," a military statement said.


Heavy fighting also raged in Bannu,
Hangu and upper Dir, also on the fringes of Waziristan district, where
attack helicopters and artillery pounded Taliban positions killing 34
militants and apprehending three.


Ten Taliban fighters were also reported
killed in Pechor in the restive Swat valley, the home town of local
Taliban commander Maulana Fazlullah who carries a bounty of Rs 50
million on his head.


A senior minister of the North West
Frontier Province Mian Nisar Gul was wounded after suspected militants
ambushed his car while he was travelling to the provincial capital
Peshawar. Three of his bodyguards were killed.


Three gunmen ambushed the car of Gul, who is the Prisons Minister, spraying the car with automatic fire.


However, his car despite being hit managed to speed away, local police officials said.


The minister was later rushed to
hospital for emergency treatment and officials said he has received
three gun shot wounds, but his injuries are not life threatening.


The clashes in south Waziristan, a
remote area bordering Afghanistan, came amidst speculation that the
Pakistan army was poised to launch major offensive there on the
footsteps of operations in Buner, Swat and Dir.


Meanwhile, Pakistani and western
security experts said the two commando-style attacks in the past one
week by suspected Taliban militants indicate that they have acquired
the capability to pierce iron-fortified gates, concrete barricades and
cordons of armed guards.


"Such a level of sophistication may
have been used in Afghanistan but rarely seen in Pakistan. They are
meant to indicate that Taliban will strike soft targets if their
strongholds are attacked," experts said.


They said the attack on Pearl
Continental Hotel in Peshawar on Tuesday as well as attack on ISI
provincial headquarters were identical as in both cases heavily-armed
militants had targeted security guards to allow exposive-laden trucks
to pass through their targets.


Scientists urge G8+5 leaders to speed up low-carbon


Tokyo, June 11 (PTI) Warning that
climate change was taking place "faster than previously estimated," a
group of scientists from developed and developing countries, including
India, have appealed to world leaders to accelerate the development and
introduction of low carbon technologies to tackle global warming.


Scientists from the G-8 nations and
five other states -- Brazil, India, China, South Africa and Mexico --
who met here ahead of the July 8-10 summit of the G-8 in L'Aquila,
Italy, issued a statement, emphasising the urgency of adoption of
"green technologies."


The statement warns that "climate
change is happening even faster than previously estimated" and "the
need for urgent action to address climate change is now indisputable."


Against this backdrop, the statement
called on the governments to "collaborate in the implementation of low
carbon and climate resilient infrastructure and technologies ...
through the use of economic and regulatory instruments, to accelerate
adoption of clear 'green' technologies."


It also emphasised the need for a
rapidly increased adoption of renewable energy technologies such as
wind, geothermal, solar energy, biofuels and wave power.


"The development of standards and
certification for the environmentally sustainable implementation of
these technologies is essential," Kyodo news agency quoted the
statement as saying.

China defends net filtering software amid outcry


BEIJING (AP) Chinese state media on
Thursday issued an unprecedented defense of newly required Internet
filtering software that must be packaged with every computer sold in
China starting next month, after a public outcry at home and abroad.


Although the government says the
software is aimed at blocking violence and pornography, users who have
tried it say it prevents access to a wide range of topics, from
discussions of homosexuality to images of comic book characters such as
Garfield the cat.


Chinese authorities rarely feel
compelled to justify their tight controls on the world's largest
population of Internet users. They are quick to block content
challenging the ruling Communist Party's positions on democratic
reforms, religious freedom and policies toward Tibet.


Put on the defensive, state broadcaster
CCTV announced on its noon news program Thursday that a ``vast number
of parents and experts'' had endorsed the ``Green Dam-Youth Escort''
filtering software that must be packaged with all computers sold in
China from July 1.


The official Communist Party newspaper
Guangming Daily ran an almost identical report and praised the software
as a breakthrough in the drive for ``civilized Internet management and
access.''


The government has told computer makers
the software must either be installed on the hard drive or enclosed on
a compact disc. PC makers will be required to tell authorities how many
computers they have shipped with the software, which is made by a
Chinese developer under contract with the government.


Many industry experts have privately
questioned the security of computers and stored information exposed to
the software. The Washington-based Computer & Communications
Industry Association has said that while blocking pornography is
understandable, the technology can easily be expanded into more general
censorship.


``The main difference is that it takes
censorship down to the level of the individual computer,'' said Rebecca
Mackinnon, a professor at the University of Hong Kong who studies
censorship in the Chinese media and online.


That step ``very directly affects the
individual, and what the individual can do on their computer, how they
interface with the Internet,'' Mackinnon said.


Although porn sites are initially
targeted, the program could be used to block other Web sites, including
those based on keywords rather than specific Web addresses. Its
developer said users could disable blocking of any site or even
uninstall the software altogether.


A Ministry of Industry and Information
Technology official went on CCTV Wednesday night to deny claims that
the software incorporated monitoring or information-gathering
functions.


``If there is sexual, violent or other
sorts of content unsuitable for young people, then that content will be
blocked,'' said Chen Ying, vice director of the ministry's department
of software services industry.


However, the software requirement has
prompted widespread derision among China's more than 250 million
Internet users, who either accept government controls or have learned
to evade them.


Users also mocked a temporary block on
networking and image-sharing Web sites such as Twitter and Flickr last
week over the 20th anniversary of the bloody crackdown on Tiananmen
Square pro-democracy protests. An earlier attempt to ban foreign video
content from Chinese sites fizzled with little fanfare.


The new software's blocking of content
about homosexuality prompted a letter of protest from a coalition of
Chinese advocacy groups representing gays and AIDS sufferers in the
country.


Such content is crucial for
psychological and emotional health, and it is ``absolutely reasonable
and beneficial, as a result, to see the sites accessible over the
Internet,'' the groups said in an open letter e-mailed to journalists.


The move to require the new software
``is turning out to be more controversial and unwelcome than
decision-makers would like to believe,'' the official English-language
newspaper China Daily said in an editorial on Thursday under the
headline ``Questionable Move.''



From










June 11, 2009


WHO declares global swine flu pandemic


















H1N1 swine flu virus culture




(HO/Reuters)






Swine flu has spread in Australia since a ship with infected passengers there has docked

























The world is officially in the grip of the first global flu pandemic for 40
years, health officials said today.



The World Health Organisation (WHO) has declared that H1N1
swine flu
has reached the status after more than 27,000 cases were
confirmed across several continents.



A statement from the UN health agency is expected shortly.



The decision to raise its global alert level from five to six — officially
signalling a pandemic
— came after a day-long emergency meeting of the
WHO to discuss the implications of widespread outbreaks of illness in the
Americas, Europe and Asia.












A disease is classed as a pandemic when transmission between humans becomes
widespread in at least two regions of the world.



The last global flu pandemic came in 1968 over the so-called “Hong Kong” flu,
which killed about 1 million people worldwide.



The latest H1N1 viral strain — a combination of previously circulating animal
and human strains — emerged
in Mexico in April
and since then 27,737 cases have been confirmed in 74
countries worldwide since March.



Community spread - in which infections cannot be traced to known cases - has
already been confirmed in the North and South America. But WHO officials are
reported to have been alarmed by a sudden spike of cases in Australia, and
also by rising numbers in Europe.



A total of 25 new cases of the H1N1 virus in England confirmed today by the
Health Protection Agency increased the British total to 822. At
least 20 schools have been forced to close
.



The Department of Health said that the WHO
announcement had no immediate implications for the public, but could prompt
Governments to take extra prevention measures, such as imposing travel bans
and ordering increased vaccine production.



In a statement, the NHS Confederation, which represents health service
managers, said: “The confirmation of a level-six global pandemic reinforces
the need for the NHS to ensure all the flu plans already in place at local
level are as comprehensive as possible and thoroughly tested. We need to
avoid complacency in dealing with a virus that is an unknown and seems to be
spreading quickly."



So far the virus has caused relatively mild, cold-like symptoms with headaches
and vomiting although 141 have died in six countries and health officials
are watching closely to see whether the virus has the capacity to mutate or
cause more severe illness.



The Government’s chief medical officer Sir Liam Donaldson said before the
announcement that a WHO pandemic declaration would not significantly change
the way the UK was dealing with swine flu.



But he said that the Health Protection Agency was planning to focus the use of anti-viral
drugs
on close contacts of people carrying the virus, rather than the
wider circle of contacts who have been treated so far.



Sir Liam said: “The declaration of a pandemic per se doesn’t make a big
difference to the to the way we are handling the outbreaks we have.”



He added: “We are going to continue to investigate every case that occurs and
treat their contacts with anti-virals even though they may not be ill.”



Official guidance from the WHO states: “Assessment of the severity of a
pandemic is complex. Experience has shown that past influenza pandemics have
varied in terms of severity and that the associated health impacts may vary
significantly based on a variety of factors.”



A Department of Health spokesperson said: “The WHO alert levels reflect the
global view and any action taken in the UK would be based on the situation
here.



"The Department of Health will assess the current situation in the UK
before making any recommendations.



"We are monitoring the situation constantly and if anything changes we
will respond accordingly.”

http://www.timesonline.co.uk/tol/news/world/article6479389.ece


No money, no climate change inspection: India


Bonn (IANS): India will not let the
international community check on what it's doing to combat climate
change unless industrialised countries provide adequate financing and
transfer green technologies, say government delegates.


The issue of how to treat intellectual
property rights (IPR) of green technologies and who is going to pay the
incremental cost of moving to them has been a bone of contention at
climate treaty meets for years, and has reared its head again at the
June 1-12 talks here that are a preparation to the climate summit in
Copenhagen this December.


India has said each industrialised
country should pay 0.8 percent of its GDP to developing countries in
reparation for putting greenhouse gases, mainly carbon dioxide, into
the atmosphere.


An excess of these gases is leading to
climate change, which is affecting farm output, making droughts, floods
and storms more frequent and severe and raising the sea level. India is
among the countries worst affected.


Senior members of the Indian government
delegation at these talks under the UN Framework Convention on Climate
Change (UNFCCC) said apart from this, they had proposed a global fund
that could buy out IPRs of green technologies, and then distribute
these technologies free, in a way similar to what is done for HIV/AIDS
drugs.


In an open session during the
negotiations, India said: "The technology framework must enable support
for short-term, medium-term and longer-term technologies. There is a
need for a hard look at IPRs to ensure that technology transfer is
accelerated especially in areas where there are cartels."


These have become additional sticking
points in the protracted negotiations going on here, as industrialised
countries say they cannot commit any financing in these days of
economic recession and that IPRs are private property that governments
cannot give away.


Industrialised countries have also said
developing countries, especially large ones like India, China, Brazil,
South Africa or Mexico, must take steps to cut their greenhouse gas
emissions, steps that are "measurable, reportable and verifiable", in
the language of the draft negotiating text.


In closed-door meetings, the Indian
delegates have said they are not going to agree to this unless there is
adequate financing and the IPR issue is sorted out, the delegates said
on condition of anonymity.


The Indian position has been echoed by
the Group of 77 (G77) countries plus China, which work as a bloc in
climate negotiations. On behalf of the group, Bolivia, the Philippines
and Indonesia have called in public "exclusion of patents over such
(green) technologies".


The vocal proponents of a strong IPR
regime have been Japan, Canada, Australia, Switzerland and the US, an
Indian delegate said, adding: "They even opposed the use of compulsory
licensing for patented technologies, which is allowed for under the WTO
Agreement on Trade-Related Intellectual Property Rights (TRIPs)"


Developed countries maintained that a strong IPR regime is necessary to ensure innovation and the development of technology.


Developing countries, on the other
hand, argued that there is a need for patent exclusion on climate
technologies, given the need for a global and systemic response to
address the global challenge of climate change.


Apart from the IPR issue, the US and
Australia also questioned the need for new institutional arrangements
as proposed by the G77 and China for a technology mechanism to enhance
technology development, diffusion and transfer.


Developing countries however emphasised
the "legally binding commitment" of industrialised countries under the
UNFCCC to enable technology transfer, emphasising the role of
governments in this regard.


Meanwhile, a new report by international NGO Oxfam said "rich countries have a "double duty".


"The deadlock threatening these talks
must be broken if we are to have any hope of avoiding a human
catastrophe," said Jeremy Hobbs, executive director of Oxfam
International.


"Rich countries got us into this mess
and they have the money and the technology to get us out of it. This
gives them a double duty - to deliver major emissions reductions at
home and provide the money poor countries need to start tackling their
emissions too."


Oxfam estimates that at least $150
billion is needed every year to fund both adaptation and mitigation
action in developing countries.



Govt. slaps anti-dumping duty on imports of potassium carbonate


New Delhi (PTI) The government has
imposed anti- dumping duty on imports of potassium carbonate, used in
soap making, to guard the domestic industry from cheap shipments from
EU, China, Taiwan and Korea.


The duty imposed would be ranged
between USD 17.18 per tonne and USD 123.58 per tonne, the Finance
Ministry said in a notification.


Potassium carbonate has been exported to India by the regions below the normal value of the chemical, it said.


The anti-dumping duty on potassium carbonate would be effective for a period of five years, it said.


India has already imposed anti-dumping
duty on several items such as yarn, fabrics, some of the stainless
steel products and chemicals imported from China.


Meanwhile, a WTO report recently said
India topped the list of countries that have resorted to anti-dumping
investigations between July and December 2008 to protect their domestic
industries against cheap imports.


PwC, E&Y among eight shortlisted consultants by BSNL


New Delhi (PTI): State-run BSNL has
shortlisted eight consultants, including Ernst & Young, McKinsey,
KPMG and PriceWaterHouseCoopers, for its plans of mergers and
acquisition, strategic partnerships and overseas forays.


A BSNL official told PTI that British
Tele Consults, Value Partners, PRPM Consults and Diamond Management and
Technology Consultants have also been empaneled.


The official said PwC has furnished a
certificate to BSNL saying it has not been barred to deal with any PSU
and BSNL, if found later so, it can terminate the services of PwC.


These consultants will have to enter
into an agreement with BSNL by tomorrow. Each time BSNL undertakes an
overseas initiative, these eight firms will be asked to quote their
commission price and the the lowest bider will be selected for that
particular job, the official said.


The official said the PSU is looking at
Africa as an area of focus as it is an emerging region and also
culturally, financially, African countries suits more to India firms.


The state-run firm, which so far
concentrated only on the Indian market (except Delhi and Mumbai), has
decided to expand overseas. Sources said BSNL has a cash surplus of
over 10 billion dollars and would use part of these resources for its
overseas foray.


Rising Satyam scrip may prompt fresh issue for Tech Mahindra


New Delhi (IANS): The surge in the
Satyam Computer Services scrip might prompt the scam-tainted IT major
to issue fresh shares to its new owner Tech Mahindra, analysts say.


Tech Mahindra, which acquired 31 per
cent stake in Satyam in a global auction, is required under the bidding
process stipulations to make an open offer for another 20 per cent.


But existing shareholders may not be willing to part with their holding at a discounted market price.


Tech Mahindra's open offer is to be
made at Rs 58 per share. Since Mahindra's 31 per cent stake acquisition
April 13 - when the Satyam scrip was priced at Rs 54.90 - the stock has
soared.


It closed at Rs 80.85 on the Bombay Stock Exchange on Thursday.


"This allotment would happen at the
agreed price of Rs 58 per share, which is less than the current market
price," said Jagannadham Thunuguntla, equity head at SMC Capitals, one
of India's largest brokerage firms.


Because of this, there may not be too
many takers for Tech Mahindra's offer — which just might work out in
favour of the Mahindra and Mahindra IT arm.


"It is highly unlikely that Tech
Mahindra will up its offer price. They would rather prefer to go in for
a preferential allotment," noted Mr. Thunuguntla.


In the case of Satyam, market regulator
Securities and Exchange Board of India (SEBI) has relaxed takeover
norms to ensure 51 per cent stake for the new owner.


Under this special concession, the
investor has the right to subscribe to additional newly issued equity
so that the resultant share is 51 per cent.


"To that extent, it will work out in
Tech Mahindra's favour, though they have taken a gamble by bidding for
Satyam," added Mr. Thunuguntla.


Oil near $72 on economic recovery hopes


VIENNA (AP) Oil prices hovered near $72
a barrel Thursday as investor optimism about a global economic recovery
pushed crude to fresh highs for the year.


Oil has jumped from below $35 a barrel
in March on expectations the worst of a severe U.S. recession was over.
Traders are now beginning to price in a recovery and improving demand
for crude by the end of the year.


Benchmark crude for July delivery rose
as high as $72.18 a barrel and was up 55 cents to $71.88 by afternoon
European time in electronic trading on the New York Mercantile
Exchange. On Wednesday, it rose $1.32 to settle at $71.33.


The International Energy Agency added
to investors' optimism Thursday, forecasting that the slump in global
oil demand in 2009 would be slightly less severe than previously
expected. The organization revised up its estimates for the first time
in 10 months.


``Investors are expecting a quick turn
around,'' said Ben Westmore, an energy analyst with National Australia
Bank in Melbourne. ``If the data in the coming months shows there isn't
a quick rebound, the oil price should fall.''


Prices rose despite indicators of
continued economic problems. Chinese exports fell 26.4 percent in May
from a year earlier while imports dropped 25.2 percent, the customs
agency said.


Still, U.S. crude stocks have fallen for four straight weeks, suggesting demand could be recovering.


The Energy Department's Energy
Information Administration said Wednesday that crude inventories fell
1.6 million barrels in the week ended June 5. Analysts had expected a
build of 800,000 barrels.


``We might be seeing the early signs of a trend,'' Westmore said.


In Paris, the IEA said in its monthly
survey that global oil demand would fall by 2.9 percent to 83.3 million
barrels a day this year, 2.5 million barrels a day less than in 2008.


In May, the IEA was expecting a 3 percent annual fall in demand, the sharpest rate of decline since 1981.


Investors have also sought crude as a
hedge against inflation on fears massive fiscal stimulus spending could
weaken the U.S. dollar. The euro gained to $1.4029 on Thursday from
1.3990 the previous day.


Iran and Kuwait, members of the
Organization of Petroleum Exporting Countries, said Wednesday the group
may raise output if oil prices keep rising. OPEC slashed output 4.2
million barrels a day between September and January in a bid to bolster
prices.


The group appears to have plently of marketable crude in reserve.


Saudi Arabia's ``production capability
will reach 12 million barrels a day in the next couple of weeks,'' said
Vienna's JBC Energy, citing Saudi Aramco, the kingdom's oil company. A
JBC newsletter said the Saudis last month were pumping 7.9 million
barrels a day.


In other Nymex trading, gasoline and
heating oil for July delivery both rose by more than a penny to $2.03 a
gallon and heating oil gained more than a cent to fetch $1.84. Natural
gas for July delivery was up by more than 3 cents at $3.74 per 1,000
cubic feet.


In London, Brent prices added 32 cents to fetch $71.12 a barrel on the ICE Futures exchange.


Economy to grow by 7.2 per cent in 2009-10: Assocham


New Delhi (PTI): Indian economy may
grow at 7.2 this fiscal on the back of improvement in consumer
sentiment, policy reforms and projected growth in agriculture and
industrial sector, a Assocham survey said.


In a survey of 300 businessmen, about
42 per cent of the respondents said that policy reforms would cast
large impact on the GDP growth.


"Indian economy is expected to register
a GDP growth rate of 7.2 per cent in 2009-10 on account of improvement
in consumer sentiment, rural India and policy reforms," the chamber
said.


Majority of the respondents said that
the government would be able to bring about significant reforms this
year, and about 91 per cent believed that there are good chances of
improvement in consumer sentiments in the following months.


About 40 per cent respondents felt that
isolation of the rural India from the impact of recession has a huge
impact on the GDP growth rate, it said.


"The agriculture sector is expected to
record the growth rate of 3.5 per cent as good monsoons, better crop
prices and upward revision of the crop forecast has ensured a healthy
growth rate for the agriculture sector," it said.


The industry sector which was reeling
under pressure due to high interest rates, reduced demand and global
recession is expected to record the growth rate close to 4.6 per cent
in the fiscal.


With the improvement in consumer
sentiment, increased government spending and anticipated reforms, the
services sector is estimated to chart 9.7 per cent growth in 2009-10,
Assocham said.


About 75 per cent of the respondents
believed that government would use further fiscal incentives to
stimulate the economy, it said.


However, the factors which continue to
inhibit the economic growth rate from pacing up include poor state of
the world economy and money market conditions, it added.


Indian industry hopeful about economic situation


New Delhi (PTI): Corporate India is
optimistic about improvement in the country's economic situation in the
next 18 months and believes developing nations will become more
powerful as a fallout of the global slowdown, a survey says.


According to a survey by the All India
Management Association (AIMA), at a time when the global economy is
experiencing the deepest downturn in 50 years, Indian managers are
still showing optimism towards both the global and Indian economy.


As many as 61 per cent of Indian
managers are bullish about the economy, while just about 7 per cent are
pessimistic about the situation in the coming months, the survey said.


"With the stable government in power
again, reforms will be unstoppable. Special focus should be laid on
employment generating projects and increasing money flow in the economy
besides reducing taxes to bring back both consumers and investors
confidence," AIMA Research Committee Chairman BS Sahay said.


Despite higher optimism for the
economy, about 35 per cent of those surveyed feel that economic
recovery in India and rest of the world would not be too spaced out.


Further, almost half of the respondents felt that liquidity crunch was the major problem facing corporate India.


This reflects the fact that the domestic economy is not isolated from the global market.


Fine weather helps Homebase sales


BBC News - ‎8 hours ago‎

Sales of gardening and outdoor products at Homebase have been boosted by the recent good weather. Home Retail Group said like-for-like sales at the store ...

Warm weather boosts Homebase sales ICM Commercial & Business News






Bad weather hampers body recovery at Air France plane crash site


Xinhua - ‎12 hours ago‎

BRASILIA, June 10 (Xinhua) -- Bad weather has prevented search crews from recovering more bodies at the Atlantic Ocean crash site of Air France Flight 447, ...








Redding weather: June gloom continues to hang on


Record-Searchlight - ‎54 minutes ago‎

The weather service is
reporting that there is a 20 percent chance of showers and
thunderstorms between 11 am and 11 pm today in the Redding area with ...

Today's weather: Patchy fog, storms Cherry Hill Courier Post

WEATHER: Showers likely Port Huron Times Herald

Today's Weather: Scattered showers, high near 70 New Brunswick Home News Tribune






Monsoon to extend lull for one wk - weather dept


Reuters India - ‎Jun 10, 2009‎

Last week a weather
department official told Reuters that despite an early beginning,
Indian monsoon may progress slowly during the June-September period. ...






Severe Weather Statement


WALA-TV FOX10 - ‎6 hours ago‎

NATIONAL WEATHER SERVICE DOPPLER RADAR CONTINUED TO INDICATE A LINE OF SEVERE THUNDERSTORMS PRODUCING DAMAGING WINDS IN EXCESS OF 60 MPH. ...






Hockey India in rough weather


Hindu - ‎Jun 9, 2009‎

Chennai: Even as confabulations
continue as part of a damage control exercise by the officials involved
in Hockey India over the fallout of the Indian ...












Severe storms pound Dallas-Fort Worth


Dallas Morning News - ‎4 hours ago‎

Weather: A severe
thunderstorm watch remained in effect until 10 am for several North
Texas counties, including Dallas, Tarrant, Collin and Denton. ...






WEATHER ALERT: Flash flood watch in effect


Carlisle Sentinel - ‎2 hours ago‎

By staff reports, June 11, 2009 The National Weather Service has issued a flash flood watch in effect from this afternoon through Friday morning. ...






Flash floods after stormy weather


BBC News - ‎22 hours ago‎

Severe weather has led to flash flooding in parts of Wales and warnings have been been made by the Met Office that more rain is expected. ...












Thursday's forecast: Severe weather for central, eastern US


USA Today - ‎20 minutes ago‎

A separate area of severe weather is likely in eastern Colorado. Severe threat — The greatest threat for tornadoes is in eastern Colorado and northeastern ...
















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Ragpickers lose jobs as world tackles climate change


Hindu - ‎Jun 10, 2009‎

The Clean Development Mechanism (CDM) of the UN Framework Convention on Climate Change (UNFCCC) has already funded over 300 projects that incinerate garbage ...






No money, no climate change inspection: India


Hindu - ‎10 hours ago‎

Bonn (IANS): India will not let the international community check on what it's doing to combat climate change unless industrialised countries provide ...






Climate change could displace 25 million by 2010


Hindu - ‎Jun 10, 2009‎

Bonn (IANS): By next year - that's how soon around 25-50 million people will be displaced by climate change as it unleashes more natural disasters and ...






Lots of emissions but few solutions at climate meet


Times of India - ‎Jun 9, 2009‎

BONN: The Bonn climate change talks are drawing to a close but the real action is yet to begin. Countries are still squabbling over squaring up the bill for ...






US wind farm energy up in the air over climate change, says study


guardian.co.uk - ‎3 hours ago‎

"Generally we expect there will probably be a decline in wind speeds due to climate change." The sharpest fall off in wind speeds recorded in the study ...






Climate change worsens disaster risks for poor-UN


Reuters - ‎1 hour ago‎

By Alister Doyle, Environment Correspondent BONN, Germany, June 11 (Reuters) - Climate change will aggravate natural disasters and people in developing ...






FEMA Launches Effort to Measure Impact of Climate Change on Flood ...


New York Times - ‎3 hours ago‎

Federal officials are struggling to calculate the fiscal impact that climate change could have on the nation's troubled public flood insurance program, ...












Climate change will affect monsoon, warns Greenpeace


Hindu - ‎Jun 4, 2009‎

New Delhi (PTI) The monsoon in the country will be significantly affected by climate change resulting in enoromous adverse social and economic consequences, ...






Insurers Need to Address Climate Change By Building Windmills, Not ...


Reuters - ‎18 hours ago‎

By Sandy Hauserman - Sandy Hauserman No industry stands to gain -- or lose -- more from climate change than the insurance industry. ...






Fielding's climate change views 'of concern'


The Canberra Times - ‎Jun 9, 2009‎

Not even the findings of a scientific United Nations body on the causes of climate change are good enough for Family First's Steve Fielding. ...

Taking on Climate Change Myths and Sceptics Allianz Knowledge Partnersite










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  1. News results for climate change

    Ragpickers lose jobs as world tackles climate change‎ - 1 day ago
    The Clean Development Mechanism (CDM) of the UN Framework Convention on Climate Change (UNFCCC) has already funded over 300 projects that incinerate garbage ...
    Hindu - 8 related articles »
  2. Climate change - Wikipedia, the free encyclopedia

    Climate change is any long-term change in the patterns of average weather of a specific region or the Earth as a whole. Climate change reflects abnormal ...
    en.wikipedia.org/wiki/Climate_change - Cached - Similar pages -
  3. Climate Change

    UNEP and Partners: United to Combat Climate Change · COP 15 - United Nations Climate Change Conference 2009 7- 18 December 2009. Copenhagen, Denmark ...
    www.unep.org/themes/climatechange/ - Cached - Similar pages -
  4. Climate Change

    Climate change solutions shall be based on sustainable development approaches - Shri T R Baalu. India accedes to the Kyoto Protocol ...
    www.envfor.nic.in/cc/index.htm - Cached - Similar pages -
  5. What is climate change?

    Climate change refers to a statistically significant variation in either the mean state of the climate or in its variability, persisting for an extended ...
    www.envfor.nic.in/cc/what.htm - Cached - Similar pages -
  6. Video results for climate change

    Climate change
    2 min 1 sec
    www.youtube.com
  7. Environment - Climate Change

    Climate change is already happening and represents one of the greatest environmental, social and economic threats facing the planet. ...
    ec.europa.eu/environment/climat/home_en.htm - Cached - Similar pages -
  8. Climate change

    Brief description about climate change and its impacts along with small write-ups on greenhouse effect, ozone layer, El Nino, natural sinks, ...
    edugreen.teri.res.in/explore/climate/climate.htm - Cached - Similar pages -
  9. IPCC - Intergovernmental Panel on Climate Change

    The
    IPCC assesses the scientific, technical and socio-economic information
    relevant for the understanding of the risk of human-induced climate change.
    www.ipcc.ch/ - Cached - Similar pages -
  10. [PDF]

    CLIMATE CHANGE

    File Format: PDF/Adobe Acrobat - View as HTML
    Graph 2: Estimated damages from long-term climate change. Source: S Fankhauser 1995, Valuing Climate Change: The Economics of ...
    www.cseindia.org/html/eyou/climate/pdf/cse_briefing.pdf - Similar pages -
    by A Agarwal - Related articles - All 2 versions
  11. Climate Change | MetaFilter

    He has a series called Climate Change that you might find interesting. Examines and explains the science of climate change. Then goes on to debunk some ...
    www.metafilter.com/82157/Climate-Change - Cached - Similar pages -
  12. Blog posts about climate change

    Tough Negotiations on Climate Change in Bonn - AFL-CIO NOW BLOG - 18 hours ago
  13. Book results for climate change

    The Economics of Climate Change: The Stern Review - by Nicholas Herbert Stern, Great Britain Treasury - 713 pages
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'Don't expect rains before June 20'


Times of India - ‎14 hours ago‎

"The revival of the monsoon will need either a low pressure in the Bay of Bengal or westerly winds. The current is presently very subdued and needs a ...












Hockey India in rough weather


Hindu - ‎Jun 9, 2009‎

... President, Bengal
Hockey Association, demanding the conduct of free and democratic
elections to the federation, on the same platform to convey to the ...












Monsoon to extend lull for one wk - weather dept


Reuters India - ‎Jun 10, 2009‎

Last week a weather
department official told Reuters that despite an early beginning,
Indian monsoon may progress slowly during the June-September period. ...






Aila takes away the monsoon


Times of India - ‎Jun 8, 2009‎

The weather will continue to torment people in Kolkata and the rest of south Bengal. For heavy rain, a low-pressure formation is needed,” Debnath said.

Sweat surge in dry monsoon Calcutta Telegraph






Monsoon will miss June 10 date: weather office


Indian Express - ‎Jun 8, 2009‎

This was because a strong system was present over the Bay of Bengal till Friday. Unfortunately, this system moved eastwards on Sunday, weakening the ...






Monsoons eagerly awaited as heat waves sweep UP


Times of India - ‎Jun 9, 2009‎

Till Tuesday evening it had covered Kerela, Tamil Nadu, Orissa, West Bengal, North-Eastern states, some parts of Andhra Pradesh, Maharashtra and Jharkhand. ...












Cyclone Aila had rare northerly movement: IMD


Times of India - ‎Jun 6, 2009‎

The rainfall activity in the Bay of Bengal region became more active and in the Arabian Sea it become subdued," said Medha Khole, director (weather ...






Hot weather for next 48 hrs


Times of India - ‎Jun 2, 2009‎

Though the monsoon has hit Bengal, it is likely to take another 48 hours for it to gain momentum. Nothing can arrest the rising temperature till it pours ...






Automatic weather monitor on cards


Calcutta Telegraph - ‎Jun 9, 2009‎

In the eastern region, the project has kicked off from Orissa, where 90 automatic weather stations are being set up. It will be followed by Bengal (28 ...












Brewing Bay storm may spare West Bengal coast


Hindu Business Line - ‎Jun 2, 2009‎

... Centre for Medium-Term Weather Forecasts (ECMWF), which had originally given a likely landfall over the already cyclone-battered West Bengal coast, ...










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  1. ews results for KHEJURI

    CPM wiped out of Khejuri‎ - 16 hours ago
    KHEJURI: The CPM in Khejuri the last Red bastion in East Midnapore is in disarray. Leaders have fled the area, leaving supporters to face the brunt of the ...
    Times of India - 50 related articles »
  2. Khejuri Map | India Google Satellite Maps

    Khejuri google map. Satellite image of Khejuri, India and near destinations. Travel deals.
    www.maplandia.com/india/orissa/mayurbhanj/khejuri/ - Cached - Similar pages -
  3. The Telegraph - Calcutta (Kolkata) | Bengal | Trinamul takes Khejuri

    The
    Telegraph on the Web: Daily international, national international news,
    daily newspaper, national, politics, science, business, sports,
    weather, ...
    www.telegraphindia.com/1090610/jsp/bengal/story_11089309.jsp - Cached - Similar pages -
  4. The Telegraph - Calcutta (Kolkata) | Bengal | Celebration and ...

    June 10: Aleya Bibi's bullet wound is yet to heal but she smiled when she was told that the Trinamul Congress had taken over Khejuri. ...
    www.telegraphindia.com/1090611/jsp/bengal/story_11094267.jsp - 19 hours ago - Similar pages -
    More results from www.telegraphindia.com »
  5. Khejuri Photos | TrekEarth

    This Khejuri photo gallery is part of the TrekEarth Photo Gallery, a website devoted to photos from around the world.
    www.trekearth.com/gallery/Asia/India/East/West_Bengal/Khejuri/ - Cached - Similar pages -
  6. Maps, Weather, and Airports for Khejuri, India

    Maps, weather and information about Khejuri, India.
    www.fallingrain.com/world/IN/21/Khejuri.html - Cached - Similar pages -
  7. The Hindu : National : CID probe ordered into Khejuri 'graves'

    8 Dec 2007 ... KOLKATA: The West Bengal government has directed the CID to investigate the events leading to the discovery of human bones at Khejuri, ...
    www.hindu.com/2007/12/08/stories/2007120860681300.htm - Cached - Similar pages -
  8. CPM wiped out of Khejuri - Kolkata - Cities - The Times of India

    11 Jun 2009 ... KHEJURI: The CPM in Khejuri the last Red bastion in East Midnapore is in disarray. Leaders have fled the area, leaving supporters to face ...
    timesofindia.indiatimes.com/Kolkata-/CPM-wiped-out-of-Khejuri/articleshow/4642098.cms - 12 hours ago - Similar pages -
  9. 25 CPM offices burnt in Khejuri - India - The Times of India

    KHEJURI/KOLKATA:
    Political violence is once again becoming the order of the day in West
    Bengal. Only, this time, CPM is at the receiving end, ...
    timesofindia.indiatimes.com/India/25-CPM-offices-burnt-in-Khejuri/articleshow/4637944.cms - Cached - Similar pages -
    More results from timesofindia.indiatimes.com »
  10. Khejuri

    Khejuri Khejuri located above a sand dune was an important port towns until the devastating cyclone of 1864, when it was destroyed.
    wikimapia.org/5613480/Khejuri - Cached - Similar pages -
  11. Fresh violence rocks Khejuri in West Bengal

    3 posts - Last post: 3 hours ago
    Kolkata,
    June 11 (IANS) Fresh violence erupted in West Bengal's East Midnapore
    district Thursday as a Communist Party of India-Marxist ...
    www.thaindian.com/newsportal/politics/fresh-violence-rocks-khejuri-in-west-bengal_100203740.html - 3 hours ago - Similar pages -
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Lalu Prasad's lifetime free rail pass may be withdrawn


Times of India - ‎3 hours ago‎

NEW DELHI: Railway minister Mamata Banerjee on Thursday hinted at the withdrawal of the free lifetime pass issued to her predecessor Lalu Prasad to travel ...

Ahmed incurs Mamata's wrath Daily News & Analysis






Left friends drift away from Mamata


Times of India - ‎16 hours ago‎

The 18-party joint platform that Trinamool chairperson Mamata Banerjee had cobbled together did not have a joint programme for quite some time, ...












Ahead of new innings, Ahamed faces 'unhappy' Mamata


Business Standard - ‎Jun 8, 2009‎

And just like Mamata Banerjee, Ahmad too, didn't bargain with the Congress over the portfolio and accepted whatever Gandhi and Singh offered.






How it came about


The Statesman - ‎May 21, 2009‎

Mithu watched Mamata Bannerjee on TV with moist eyes. Not being able to contain my disbelief, I asked Mithu, “Didn't you tell me you would want the Left ...






Villagers Burn Trains in Bihar in Protest


Patna Daily - ‎Jun 1, 2009‎

Blaming new Railway Minister Mamata Bannerjee for pulling plug on various small stations, villagers in Khusrupur under Danapur Division of the East Central ...






Building bridges


Daily News & Analysis - ‎Jun 10, 2009‎

Mamata Bannerjee may have
accepted the railway ministry without a murmur but will not accede so
quickly on disinvestment. A third partner Sharad Pawar is ...












PM fair play message to Mamata


Calcutta Telegraph - ‎19 hours ago‎

In what may appear a tangential rejection of Trinamul leader Mamata Banerjee's demand that central aid for cyclone relief should bypass the state government ...












Trinamool rejects Buddha's invite on Aila relief meet again


Expressindia.com - ‎18 hours ago‎

... and we had to engage ourselves in relief work,” said Chatterjee at a press conference called at party chief Mamata Banerjee's residence in Kalighat. ...












Mamata returns Tata's Rs 27 lakh cheque


Merinews - ‎May 29, 2009‎

Trinamool Congress leader and India's Railway Minister, Mamata Bannerjee, has rejected a contribution of 27 lakhs from the Tata Sons Electoral Trust. ...






'I agree with Mamata Banerjee on Nayachar'


Business Standard - ‎Jun 7, 2009‎

Now, however, the project is facing a fresh wave of uncertainty, with Trinamool Congress leader Mamata Banerjee raising environmental concerns about ...




US pitches for restarting India-Pakistan dialogue


Times of India - ‎2 hours ago‎

NEW DELHI: Pitching for
resumption of the India-Pakistan dialogue, the US on Thursday said it
is pressing Islamabad to take firm and urgent action against extremists
and terrorists operating in its territory.






Bodies of IAF plane crash victims being airlifted to Jorhat


Times of India - ‎2 hours ago‎

11 Jun 2009, 1955 hrs IST, PTI
ITANAGAR/SHILLONG: The bodies of 13 defence personnel killed in
Tuesday's AN-32 aircraft crash in Arunachal Pradesh were being
airlifted on Thursday from Tato in Arunachal to Jorhat in Assam, IAF
sources said.






Lalu Yadav celebrates 62nd birthday with gusto


Sify - ‎2 hours ago‎

Patna, June 12 (ANI): Rashtriya
Janata Dal (RJD) president Lalu Prasad Yadav celebrated his birthday
party with pomp and show on Thursday.






CRPF in J&K to be reviewed; Chidambaram wants secondary role


Hindustan Times - ‎3 hours ago‎

PTI A high-level meeting today
decided to review the deployment of CRPF in Jammu and Kashmir with Home
Minister P Chidambaram saying the Centre would like the paramilitary
forces to play only a secondary role in the border state.






Trinamool's "semi-fascist terror" will be met: CPI(M)


Hindu - ‎1 hour ago‎

New Delhi (PTI) In the backdrop
of frequent post-poll violence in West Bengal, the CPI(M) on Thursday
charged the Trinamool Congress with trying to unleash "semi-fascist"
terror in the state and said this would be "met and defeated".






Lalu Prasad's lifetime free rail pass may be withdrawn


Times of India - ‎3 hours ago‎

NEW DELHI: Railway minister
Mamata Banerjee on Thursday hinted at the withdrawal of the free
lifetime pass issued to her predecessor Lalu Prasad to travel in first
class air-conditioned coaches with three companions.






Bereaved mother at Mumbai trial


BBC News - ‎1 hour ago‎

By Prachi Pinglay A mother who
watched her daughter die in her arms has been giving evidence at the
trial of the sole surviving suspect from last November's Mumbai attacks.






CPM wrangling is now on the walls


Economic Times - ‎2 hours ago‎

THIRUVANANTHAPURAM: The writing
seems to be on the wall for the CPM, literally. Left party activists,
traditionally known for their expertise in coining slogans that appeal
to the masses, now seem to be spending those talents on assailing their
party ...






Slight rainfall brings relief for Delhiites


Hindu - ‎1 hour ago‎

New Delhi (PTI) Slight rainfall
towards the evening on Thursday brought some relief for residents of
the national capital reeling under scorching heat and humid conditions.






People have discarded caste, communal politics: Sonia


Indian Express - ‎5 hours ago‎

'People of the country have
discarded those parties which play politics of caste or raise communal
slogans.' Fresh from victory in the Lok Sabha polls, Congress President
Sonia Gandhi said on Thursday that the results showed that people have
rejected ...






BJP's angst


Daily News & Analysis - ‎39 minutes ago‎

The BJP is sinking deeper into
the post-debacle depression. Those insiders voicing criticism and
concern about the party and its follies that led to the defeat and what
should be done are only pushing it deeper into depths of despair and
self-doubt.






Welfare measures secret of victory: Orissa CM


Business Standard - ‎5 hours ago‎

PTI / Bhubaneshwar June 11,
2009, 15:41 IST Orissa Chief Minister Naveen Patnaik said the secret of
his party's return to power, third time in a row, was launching of
welfare schemes by his government that touched the hearts of the people.






Chidambaram meets J&K Governor


Hindu - ‎3 hours ago‎

Srinagar (PTI) Union Home
Minister P Chidambaram met J&K Governor NN Vohra on Thursday
afternoon and discussed the overall situation in the state, including
the preparations made for the upcoming Amarnath yatra, sources said
here.






Deemed universities running off-campuses without approval


Indian Express - ‎6 hours ago‎

HRD Minister Kapil Sibal has
recently reviewed the process for declaring an institution as a 'Deemed
to be University'. The irregular practices by deemed universities of
opening off-campuses, off-shore campuses, new departments and study
centres ...






India calls off Australia events


BBC News - ‎6 hours ago‎

India's tourism minister has
called off a visit to Australia following attacks on Indian students in
the country. Kumari Selja told reporters that she was putting off next
month's official trip in view of the "prevailing atmosphere" in
Australia.






Telgi gets seven years in jail for stamp paper scam


Hindu - ‎1 hour ago‎

New Delhi (IANS): Abdul Karim
Telgi, the main accused in the multi-million rupee counterfeit stamp
paper scam, and four of his associates were on Thursday sentenced by a
city court to seven years in jail.






CBI may conduct scientific tests on Padamsinh Patil


Times of India - ‎8 hours ago‎

11 Jun 2009, 1340 hrs IST, PTI
MUMBAI: With NCP leader Padamsinh Patil "not cooperating" with
investigators, CBI is considering brain mapping and other tests on him
for his alleged involvement in the murder of Congress leader Pawanraje
Nimbalkar.






Andhra CM to conduct weekly review of welfare schemes


Zee News - ‎50 minutes ago‎

Hyderabad, June 11: In tune with
the shift in approach to governance during his second stint, Andhra
Pradesh Chief Minister YS Rajasekhara Reddy has decided to conduct a
weekly review of issues related to each district beginning June 22.






Rush for undergraduate courses leads to clashes in Kolkata


Daily News & Analysis - ‎9 hours ago‎

Kolkata: Rush for admission
forms for undergraduate courses took an ugly turn in Kolkata on
Wednesday. Students belonging to rival political outfits pelted stones
at each other in the St.






HC directs Maharashtra govt. to appoint ATS chief in four weeks


Hindu - ‎3 hours ago‎

Mumbai (PTI): The Bombay High
Court on Thursday gave the state government four weeks time to appoint
a new head for the Maharashtra Anti-Terrorism Squad (ATS).












Tech Mahindra says will not hike Satyam offer price


Economic Times - ‎1 hour ago‎

11 Jun 2009, 2028 hrs IST, PTI
HYDERABAD: In the face of surge in stock prices of Satyam to about Rs
81 a share on the eve of the open offer for beleaguered company, its
new owner Tech Mahindra on Thursday said it will not hike the offer
price.






To push 100-day agenda, Manmohan asks team PMO to 'think creatively'


Sify - ‎2 hours ago‎

New Delhi, June 11 (IANS)
Determined to make his government's 100-day agenda a success, Prime
Minister Manmohan Singh Thursday told his aides to 'think creatively',
guided by the ethic of 'equity, innovation and public accountability'.






Low inflation may prompt rate cuts by banks


Press Trust of India - ‎1 hour ago‎

New Delhi, June 11 (PTI)
Inflation slipped to 0.13 per cent for the week ended May 30, the
lowest ever in over three decade, a development that could hasten the
process of rate cuts by the banks.

Inflation at 0.13 pct Reuters India






Monsoon rain 37 pct below normal in early June


Reuters India - ‎2 hours ago‎

NEW DELHI (Reuters) - India's
monsoon for the week ended June 10 was 37 percent below normal as the
progress of the annual rains, crucial to the farm sector, stalled after
an early start, the Meteorological Department said on Thursday.






Sensex ends choppy session flat


Economic Times - ‎2 hours ago‎

MUMBAI: Indian markets ended a
choppy session lower Thursday, as bulls took a breather after a two-day
rally. Traders also chose to stay away as market lacked overseas cues.






Tata Tea: Not a very strong brew


Business Standard - ‎35 minutes ago‎

Tata Tea's selling a lot of tea
but not really making too much money. Consolidated revenues at the
beverages firm last year grew a reasonably strong 12.5 per cent at Rs
4848 crore, partly helped by favourable exchange rate movements.






IKEA pulls out of India; DIPP says won't review FDI norms


Moneycontrol.com - ‎36 minutes ago‎

The decision of the Swedish
retail chain IKEA to pull out of India due to a closed foreign direct
investment (FDI) regime may be a one-off case, says Ajay Shankar,
Secretary, Department of Industrial Policy and Promotion (DIPP).






Kingfisher, Singapore Airlines in stake sale talks: Sources


NDTV.com - ‎2 hours ago‎

In what could be yet another big
event in the aviation sector, sources said that Kingfisher Airlines and
Singapore Airlines are in possible stake sale talks.






Honda launches Jazz in Mumbai


Hindu - ‎4 hours ago‎

Mumbai (PTI): Honda Siel Cars
India on Thursdaylaunched its new car, Jazz, here priced between Rs
7.43 lakh and 7.78 lakh exshowroom Mumbai.






Bank union to go on strike in first week of July


Economic Times - ‎9 minutes ago‎

11 Jun 2009, 2145 hrs IST, PTI
NEW DELHI: A day after Finance Minister Pranab Mukherjee told banks
that the government will provide support for consolidation, country's
largest bank union AIBEA has threatened to go on nation-wide strike in
the first ...

SBI: Restructuring blues Business Standard






Jubilant Organosys ties up with US-based Endo Pharmaceuticals


Economic Times - ‎2 hours ago‎

NEW DELHI: Jubilant Organosys
through its Bangalore-based subsidiary Jubilant Biosys has entered into
a three-year drug discovery & development collaboration with
US-based Endo Pharmaceuticals to come out with a portfolio of oncology
molecules.






RBI panel to review BPLR structure


Business Standard - ‎1 hour ago‎

The Reserve Bank of India (RBI)
On Thursday said it had set up a working group on reworking the
benchmark prime lending rate (BPLR) mechanism to ensure more
transparent pricing of loans by banks.






L&T exits UltraTech Cement; sells 11.49 per cent stake for Rs1,036 ...


domain-B - ‎3 hours ago‎

Engineering and construction
major Larsen & Toubro has sold its entire remaining stake of 11.49
per cent in UltraTech Cement for an estimated Rs1,035.70 crore, to exit
cement business.

Larsen Sells UltraTech Stake Wall Street Journal






Reliance deactivates 36000 connections in J&K fearing security threat


Business Standard - ‎8 hours ago‎

PTI / Jammu June 11, 2009, 13:20
IST Fearing security threat, Reliance mobile company has deactivated
its over 36000 connections in Jammu and Kashmir even as the state
police continued its probe into the violation of guidelines in issuing
SIM cards.






Regulator caps insurance cos' CEO salaries


Moneycontrol.com - ‎2 hours ago‎

The Insurance Regulatory &
Development Authority (IRDA) is taking cues from the Reserve Bank of
India (RBI). The insurance regulator has come down heavily on insurance
companies by capping salaries of CEOs.






NMDC to resume diamond mining at Panna in 3 months: Steel Min


Business Standard - ‎5 hours ago‎

PTI / New Delhi June 11, 2009,
16:16 IST NMDC, the country's largest iron ore producer, is set to
restart mining at the Panna diamond reserves in Madhya Pradesh in the
next three months with the Supreme Court giving conditional nod to such
activities ...






Red Fort Capital to invest Rs.90 crore in Parsvnath project


Hindu - ‎7 hours ago‎

New Delhi (IANS): Private equity
fund Red Fort Capital will invest Rs.90 crore in a luxury residential
project in the capital being developed by realty major Parsvnath, the
realtor said Thursday.






India spices exports hit record high in FY09


Reuters India - ‎3 hours ago‎

MUMBAI, June 11 (Reuters) -
India exported a record 470520 tonnes of spices in 2008/09 on the back
of good demand for turmeric and jeera even as the global slowdown
trimmed growth in the later half of 2008/09, Spices Board said in a
statement.






Rupee tumbles by 36 paise to 47.60/61 against dollar


Hindu - ‎1 hour ago‎

Mumbai (PTI): The rupee on
Thursday fell by 36 paise to close at 47.60/61 against the US currency
after increased demand for dollar from banks amid rising global crude
oil prices and weak domestic stock markets.






Deora for speeding up work on gas pipelines


Moneycontrol.com - ‎13 hours ago‎

The Minister for Petroleum and
Natural Gas, Mr Murli Deora, has said that a programme to expeditiously
construct trunk pipelines to carry natural gas to new areas should be
taken up.

Deora to meet FM next week Press Trust of India









The selection and placem

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