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Reform Politics and genocide Culture!
Healthcare bill faces tough path in Senate
Resolute Fort Hood soldiers ready for return
Suicide Bomber Kills 3 in Northwestern Pakistan
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- 10 Companies that FIIs love 10 companies that MF managers love Don't believe mkts will take highs in 2010: Parag Saxena Ashwani Gujral's top 5 picks for trade today Mkts to trade 10-15% higher, buy BHEL, L&T: F&C Investments Ganeshaspeaks: Market prediction for Nov 09 Liquidity, policy moves to drive mkts ahead: PN Vijay Govt to exit stimulus packages next year: PM
- Don't believe mkts will take highs in 2010: Parag Saxena Experts +ve on mkt in long term, advise sectors/stks to buy Chances of a deeper correction are rising: Chris Wood Mkt gurus, India Inc differ on road ahead for telecom Sectors, stocks to look at post Q2 results, mkt correction Indian IPOs over-priced: Mark Mobius Roubini warns of mega stock mkt crash 'at some point' Nifty freefalls, closes below 4600; realty, metal dip 6-9%
- 10 Companies that FIIs love See Nifty in 4200-6200 range next year: Rakesh Jhunjhunwala 10 companies that MF managers love 8 stks that were buzzing last week & how to trade them now Mkt at crossroads, buy midcaps: Shankar Sharma Indiabulls Power IPO subscribed fully; should you invest? Bharti at 52-week low: Time to buy? Mkt won't correct below 4500: Nilesh Shah, Ashwini Agarwal
- Big mkt upsides look difficult ahead Experts +ve on mkt in long term, advise sectors/stks to buy Realty stks see unwinding, Bharti bucks the trend in Nifty CLSA +ve on power, road; bullish on metals Sectors, stocks to look at post Q2 results, mkt correction Suzlon Energy can test Rs 52-55: Mohindar Stay away from DLF, says Sukhani Angel Broking bullish on M&M and South Indian Bank
- See Nifty in 4200-6200 range next year: Rakesh Jhunjhunwala Mkt at crossroads, buy midcaps: Shankar Sharma Ashwani Gujral's top 5 picks for trade today From this Diwali to next: Pundits' market outlook Ashwani Gujral's top five picks for today's trade Mkt won't correct below 4500: Nilesh Shah, Ashwini Agarwal Ashwani Gujral's top 5 picks for trade today Mitesh Thacker's top 5 picks for trade today
- See Nifty in 4200-6200 range next year: Rakesh Jhunjhunwala Mkt at crossroads, buy midcaps: Shankar Sharma Ashwani Gujral's top 5 picks for trade today From this Diwali to next: Pundits' market outlook Ashwani Gujral's top five picks for today's trade Mkt won't correct below 4500: Nilesh Shah, Ashwini Agarwal Ashwani Gujral's top 5 picks for trade today Mitesh Thacker's top 5 picks for trade today
The piteous sight of not just veteran politician and Karnataka CM Yeddyurappa but also the top leadership of the BJP buckling under the money power of the Bellary mining magnates shows the extent of deterioration. It would be a mistake to think the malaise affects only the BJP. The tussle between the NCP and the Congress over ministerial berths, and the one in Haryana, hardly derive from any passion to serve the people.
The social justice champions' assets disproportionate to their known means of income, the Madhu Kodas and spectrum Rajas are all symptoms of the same disease: perversion of democracy to rule of the people by the moneyed for money. Power is used to prey upon the citizenry and to sell patronage. This is how politicians amass money. And the system has come about from an idyllic notion of politics, that it doesn't require much money, that ideals light up the path while passion fuels the process.
This simpleminded assessment of politics might have been valid for the Congress during the freedom struggle and the Communists before they acquired a bourgeois taste for power. Politics in the real world needs funding. And this funding must have an institutional basis. In the absence of an institutional source of funding, diverting funds from the exchequer, predatory practices and patronage have become routine forms of moibilising funds for political parties.
Politicians do the mobilising and keep a good part of what they collect to themselves. In the process, they also suborn the bureaucracy, without whose collusion neither predation nor patronage can work.
Political funding has to change. Funding must become broadbased, state-aided and transparent. Auditing of political party accounts must cease to be cursory. We need reform, and need it fast.
Dark clouds over Indian economy lifting
Mon, Nov 9 06:22 AM
With the growth in industrial production moving northwards and the contraction in exports declining, the "dark clouds" over the Indian economy were disappearing, commerce minister Anand Sharma said on Sunday. Indian exports contracted 14% in September, the least in the first six months of the current financial year, while the Index of Industrial Production grew at a double digit rate of 10.4%, the most in two years.
Commenting on the current state of the Indian trade and investment scenario at the India Economic Summit, Sharma said, "The dark clouds over the economy are parting, and we can see some blue sky".
He, however, added a word of caution on the "turn around" seen in the economy. "It's only in the months to come that one can comment whether or not this turnaround is adequate. Especially, the last quarter of 2009-10 and the first quarter of the current financial year would be crucial for determination."
Mentioning that there is no proposal to have a re-look at the sectoral FDI caps, Sharma said rationalisation of the investment policies will be carried out. "We are also mindful that when we look at FDI, there has to be a uniformity and rationalisation across the board, throughout the country. All state industrial ministers would meet on November 17. We want all the states to take on board the need of transparency and rationalisation, simplification and predictability of approvals.
Sharma also vouched for increased role of India in United Nations, International Monetary Fund and the World Bank, as the country is increasing its engagement with the world economy.
Business News
China, like U.S., tackles thorny health care reform Reuters - 12:12 PM Barclays to increase workforce by 10 pc in Asia PTI - 12:11 PM RCom partners atom tech for m-commerce platform PTI - 12:06 PM Triveni Eng''s sugar crushing to touch 4 lakh tonnes PTI - 12:01 PM Indian gold futures rise to record high Reuters - 12:00 PMFree market flawed, says survey
Twenty years after the fall of the Berlin Wall, a new BBC poll has found widespread dissatisfaction with free-market capitalism. In the global poll for the BBC World Service, only 11% of those questioned across 27 countries said that it was working well. Most thought regulation and reform of the capitalist system were necessary. There were also sharp divisions around the world on whether the end of the Soviet Union was a good thing. Economic regulation In 1989, as the Berlin Wall fell, it was a victory for ordinary people across Eastern and Central Europe. It also looked at the time like a crushing victory for free-market capitalism.
Twenty years on, this new global poll suggests confidence in free markets has taken heavy blows from the past 12 months of financial and economic crisis. More than 29,000 people in 27 countries were questioned. In only two countries, the United States and Pakistan, did more than one in five people feel that capitalism works well as it stands. Almost a quarter - 23% of those who responded - feel it is fatally flawed. That is the view of 43% in France, 38% in Mexico and 35% in Brazil. And there is very strong support around the world for governments to distribute wealth more evenly. That is backed by majorities in 22 of the 27 countries. If there is one issue where a global consensus seems to emerge from the survey it is this: there are majorities almost everywhere wanting government to be more active in regulating business. It is only in Turkey that a majority want less government regulation. Opinion about the disintegration of the Soviet Union is sharply divided. Europeans overwhelmingly say it was a good thing: 79% in Germany, 76% in Britain and 74% in France feel that way. But outside the developed West it is a different picture. Almost seven in 10 Egyptians say the end of the Soviet Union was a bad thing and views are sharply divided in India, Kenya and Indonesia. |
BJP claims Karnataka crisis over
Karnataka Chief Minister B S Yeddyurappa has earned a reprieve when party dissidents Janardhana Reddy and B Sriramulu, after days of fighting in the open, appeared along with him in a show of unity at the residence of BJP leader Sushma Swaraj, and later at the residence of L K Advani.
R R Patil is Home Minister, Ajit gets Power
PTIA year after 26/11 Mumbai terror attacks, R R Patil is back in the saddle as Maharashtra Home Minister. NCP chief Sharad Pawar's nephew Ajit Pawar would handle Power portfolio, in addition to the Water Resources Ministry he handled earlier.
Maoists kill four EFR jawans in WB
PTIFour EFR jawans were killed in a surprise assault by Maoists in the Jhargram sub-division of West Midnapore district, barely hours after Chief Minister Buddhadeb Bhattacharjee left after a two-day visit to the violence-scarred district.
BJP claims Karnataka crisis over
Karnataka Chief Minister B S Yeddyurappa has earned a reprieve when party dissidents Janardhana Reddy and B Sriramulu, after days of fighting in the open, appeared along with him in a show of unity at the residence of BJP leader Sushma Swaraj, and later at the residence of L K Advani.
R R Patil is Home Minister, Ajit gets Power
PTIA year after 26/11 Mumbai terror attacks, R R Patil is back in the saddle as Maharashtra Home Minister. NCP chief Sharad Pawar's nephew Ajit Pawar would handle Power portfolio, in addition to the Water Resources Ministry he handled earlier.
Maoists kill four EFR jawans in WB
PTIFour EFR jawans were killed in a surprise assault by Maoists in the Jhargram sub-division of West Midnapore district, barely hours after Chief Minister Buddhadeb Bhattacharjee left after a two-day visit to the violence-scarred district.
National News
Reuters
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IANS
- Navy to deploy fast crafts to thwart Mumbai-likeMon 09 Nov
- Yeddyurappa survives, but faces uncertain futureMon 09 Nov
- Delhiites start week with a warm MondayMon 09 Nov
- Unofficial media gag on talking to Dalai LamaMon 09 Nov
ANI
- Portfolios of Maharashtra ministers announcedMon 09 Nov
- ULFA calls for shutdown over leaders detentionMon 09 Nov
- Bollywood join hands for a cause for the elderlySun 08 Nov
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HT
- Mamata Banerjee sacks chairmen of all RRBsSat 07 Nov
- Farooq Abdullah takes wife out on a dateSat 07 Nov
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- The capital's drying wetlandsSat 07 Nov
IE
- A college for the disabled, first in stateMon 09 Nov
- E-waste: proposal to set up processing unit inMon 09 Nov
- JCO killed, 2 jawans injured in LoC firingMon 09 Nov
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FE
- Ministry set to line up 6 mega highway projectsMon 09 Nov
- Inflationary concerns, weak dollar trigger goldMon 09 Nov
- 'Netbooks and notebooks will co-exist peacefully'Mon 09 Nov
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PTI
- Student killed by speeding blueline busMon 09 Nov
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World News
IANS
- Over 100 dead in El Salvador floodingMon 09 Nov
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Reuters
- Obama, Netanyahu to meet as U.S. peace effortMon 09 Nov
- Suicide bomber kills three in PakistanMon 09 Nov
- Suicide bomber kills 3 in PakistanMon 09 Nov
- Q+A - Climate change finance -- how does it work?Mon 09 Nov
ANI
- Has Gordon Brown damaged wife Sarah's keyboardMon 09 Nov
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- Brit couple marries 30 years after saying 'I do'!Sun 08 Nov
- Brit student pub-crawls come under fire overSun 08 Nov
HT
- 20 years on, Berlin celebrates fall of the WallMon 09 Nov
- Made in IndiaMon 09 Nov
- UN still worried about refugees in Sri LankaMon 09 Nov
- Tawang ready to welcome Dalai LamaSat 07 Nov
IE
- Briefly WorldSun 08 Nov
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- 'Peace process a tactic, armed rebellion toSun 08 Nov
- Army doctor kills 13 at US base, 'terror notSat 07 Nov
FE
- PM hopes call for dialogue with Pak isFri 30 Oct
- Russia worst- hit among Bric nationsWed 28 Oct
- Improving global economic governanceWed 28 Oct
- India, US to sign pact on trade and investmentsTue 27 Oct
PTI
- 41 killed in terror strikes targeting securityThu 15 Oct
- Sydney, Melbourne voted 'most unsafe'Tue 13 Oct
- UAE retail group eyes Indian expansion planWed 26 Aug
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AP
Business News
Reuters
- China, like U.S., tackles thorny health careMon 09 Nov
- Indian gold futures rise to record highMon 09 Nov
- Triveni says to crush 4 mln T sugarMon 09 Nov
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IANS
- Uttar Pradesh cane growers damage rail tracks,Mon 09 Nov
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- UAE hosts First Exporters ForumSun 08 Nov
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ANI
- India to sustain and enhance global engagements:Sun 08 Nov
- World Economic Forum Celebrates 25 Years in IndiaSun 08 Nov
- Gems and jewellery industry affected by JaipurSat 07 Nov
- India-EU free trade agreement by 2010, expectsFri 06 Nov
HT
- Kingfisher, Jet hike fuel surchargeSat 07 Nov
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- Citizens grope for way out in ravaged IrishSat 07 Nov
IE
- Briefly BusinessSat 07 Nov
- Tata Power to raise $300 mn through FCCBsSat 07 Nov
- Confluence '09 at IIM to focus on environment,Sat 07 Nov
- Plan panel calls for Railways authority to adjustSat 07 Nov
FE
- Reddif.com Q2 net loss stood at $2.61 mnFri 06 Nov
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Sports News
Reuters
- English Premier League top scorersMon 09 Nov
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IANS
- Chavan's first act - letter congratulatingSat 07 Nov
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ANI
- Pak pacer Sohail Khan eyeing Oz tourSun 08 Nov
- Broad says his aim is to play IPL, 100 Tests forSun 08 Nov
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- Chelsea's transfer ban suspendedSat 07 Nov
- Lahiri leads on day one of Bilt OpenSat 07 Nov
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IE
- India's sunday morning bluesMon 09 Nov
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- India go down to China in Asia Cup finalMon 09 Nov
- Sports BarMon 09 Nov
FE
- Toyota to pull out of F1: reportsWed 04 Nov
- Beckham to return to AC Milan in JanTue 03 Nov
- Gayle back as Windies for Australia tourTue 03 Nov
- Bridgestone to halt tire supply for F1Mon 02 Nov
PTI
- First lady trainer claims hattrick at KolkataSun 08 Nov
- PCB approves controversial audit reportsSun 08 Nov
- Third and fourth day''s races postponedSun 08 Nov
- Shoaib leaves for Pakistan after knee surgerySun 08 Nov
AP
- Gold Coast beats Sydney FC, SOCMon 09 Nov
- Tindill reaches new milestone, CRIMon 09 Nov
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- Sri Lanka seeking first test win in India, CRISun 08 Nov
Technology News
FE
- Top central banks yet to move for exitFri 06 Nov
- NHPC asks NTPC to prepare report on thermal plantWed 04 Nov
- Securing the weakest linkThu 29 Oct
- Windows 7: a strong case to migrateThu 29 Oct
Reuters
- ANALYSIS - Skype to get independence -- forSat 07 Nov
- Nokia-Apple row may last more than 1 yearWed 28 Oct
- Microsoft, Google seal Twitter search dealsThu 22 Oct
- Apple unveils updated Macs for the holidaysWed 21 Oct
IANS
- Russia launches two European satellitesMon 02 Nov
- Overweight people less likely to have sexMon 02 Nov
- Homi J. Bhabha: the man who visualised India'sThu 29 Oct
- Skyrail, flyovers, waterways to decongest DhakaThu 29 Oct
ANI
- New SMS technology to offer smart apps to basicThu 05 Nov
- The ten Most Boring Videos on YouTube revealedWed 04 Nov
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- What happens to your email account after you die?Wed 04 Nov
IE
- Time for some ThinspirationSun 08 Nov
- Cruze CONTROLSun 08 Nov
- PE firms target Indian investors to raise fundsSun 08 Nov
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Science News
ANI
- Gene mutation that makes the body 'forget' it'sMon 09 Nov
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Reuters
- Forty leaders plan to attend climate talks - U.N.Sat 07 Nov
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Entertainment News
IANS
- What's with Bollywood actresses marrying marriedMon 09 Nov
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Reuters
- The top movies at the North American box officeMon 09 Nov
- 'Christmas Carol' leads North American box officeSun 08 Nov
- "A Prophet" nominated for six European film awardsSun 08 Nov
- A&E network unveils Jackson TV showSat 07 Nov
ANI
- X-Factor stars John and Edward may become theSun 08 Nov
- Cheryl Cole 'targeted in big money internet sexSun 08 Nov
- Kristen Stewart graduates on Twilight sequel setSun 08 Nov
- Chris Brown slams Rihanna for disclosing rowSun 08 Nov
HT
- You could bail us outSat 07 Nov
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IE
- 'There's a sense of reality in today's cinema'Sun 08 Nov
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FE
- 'Kurbaan' is like an english movie: Kareena KapoorWed 28 Oct
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Odd News
HT
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Reuters
- Plastic bags fly high in China as eco-friendlyMon 09 Nov
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IANS
- Tribals demand their rights as PM talks of theirWed 04 Nov
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ANI
- Meet the Brit woman who is scared of veggies!Mon 09 Nov
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PTI
Opinions and Editorials
HT
- Beware of thy neighbourSun 06 Sep
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IE
- Opportunity, Made in ChinaSat 07 Nov
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FE
- FE Editorial : Sweet toothMon 09 Nov
- FE Editorial : What fell with the WallMon 09 Nov
- Buying land and selling kidneysMon 09 Nov
- BJP's, mines and theirsMon 09 Nov
Lifestyle
AP
- Chinese teenager becomes 7th death from swineMon 02 Nov
- Thai capital's airport launches wi-fi service, ASFri 30 Oct
- Chinese Mecca-bound pilgrims get swine flu shots,Tue 27 Oct
- Japan first lady awarded for looking good inMon 19 Oct
HT
- This hospital is the patientWed 04 Nov
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Reuters
- Indian crocodiles "video blog" for survivalMon 09 Nov
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WATCH VIDEO
- Thousands including visually challenged run ...
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Extreme Billionaires
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