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Jyoti basu is dead

Dr.B.R.Ambedkar

Thursday, June 11, 2009

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 Fo


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

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11 Jun 2009, 1753 hrs IST, Economictimes.com and Agencies

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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

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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

  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 ...
Weather around the world Sacramento Bee
Ports breathe relief as signals lowered Bangladesh News 24 hours

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".
CPM wiped out of Khejuri Times of India

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

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