Khobragade affair should never have happened: Indian envoy

Khobragade affair should never have happened: Indian envoy

devSaying “this should never have happened”, Indian ambassador S. Jaishankar said talks are on to repair the damage done by the Khobragade affair to India-US ties which both sides consider “indispensable”. “For those of us who have devoted time and energy to building Indo-US ties, the last few weeks have been truly distressing,” he told […]

Sensex sheds 224 points during afternoon trade

Sensex sheds 224 points during afternoon trade

A benchmark index of Indian equities markets plunged 224.05 points or 1.09 percent in the afternoon trade Thursday. Selling pressure was seen in the banking index (bankex) and fast moving consumer goods (FMCG) and metal sectors. The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 20,491.74 points, was trading […]

Sikhs groups protest outside Congress office

Sikhs groups protest outside Congress office

Around 500 members of Sikh groups protested outside the Congress office here Thursday demanding that the names of the party leaders involved in the 1984 anti-Sikh riots be revealed. The protest comes after Congress vice president Rahul Gandhi’s admission during a television interview Monday that “some Congress men were probably involved” in the anti-Sikh riots […]

Tharoor’s alleged links rock Kerala assembly

Tharoor’s alleged links rock Kerala assembly

The Left opposition Thursday raised questions in Kerala assembly over Lok Sabha member Shashi Tharoor’s alleged links with a Pakistani journalist. Capitalizing on the allegations, legislator James Mathew asked during the question hour if the state government was aware of the minister’s alleged links. Home Minister Ramesh Chennithala responded and said, “These are only media […]

Chidambaram asks BJP to clarify stand on FDI, economic issues

Chidambaram asks BJP to clarify stand on FDI, economic issues

Finance Minister P. Chidambaram Thursday asked main opposition Bharatiya Janata Party (BJP) to clarify its economic policies, especially related to foreign direct investment (FDI) in multi-brand retail. In a statement, Chidambaram asked BJP prime ministerial candidate Narendra Modi to clarify his position on key economic issues facing the country like fiscal deficit, current account deficit […]

Congress, CPI-M, BJP will be routed: Mamata

Congress, CPI-M, BJP will be routed: Mamata

Attacking the erstwhile Left Front government, West Bengal Chief Minister Mamata Banerjee Thursday said the Congress, the Left and the BJP – “which have forged an alliance” – will be routed in the Lok Sabha polls. Having faced criticism over incidents of crime against women in the state, Banerjee asserted that her government has tackled […]

Nation pays tribute to Mahatma Gandhi

Tributes were paid to Father of the Nation Mahatma Gandhi Thursday, as the nation marked his 66th death anniversary. President Pranab Mukherjee and Prime Minister Manmohan Singh led the nation in paying tributes to Mahatma Gandhi. The president, prime minister and Vice President Hamid Ansari laid wreaths and paid floral tributes at his granite memorial […]

UNDP report calls for inclusive growth

UNDP report calls for inclusive growth

undA new UNDP report has said that humanity remains deeply unequal despite impressive progress and a sustained reduction in inequality requires a shift to more inclusive growth patterns supported by redistributive polices and changes in social norm. The report, titled ‘Humanity Divided: Confronting Inequality in Developing Countries’ and released Wednesday by the organisation’s administrator Helen […]

US not sure of new Indian government post-election

US not sure of new Indian government post-election

The US intelligence community believes that any post-election Indian government will probably have a positive view of the US, but it’s “not assured” that future legislation or policy changes would be consistent with American interests. “In this election year in particular, coalition politics and institutional challenges will remain the primary drivers of India’s economic and […]

Cap on subsidised LPG cylinders raised to 12

Cap on subsidised LPG cylinders raised to 12

lpgThe government Thursday decided to raise the annual cap on subsidised LPG cylinders to 12 from the existing nine. Announcing the decision in this regard taken by the Cabinet Committee on Economic Affairs (CCEA) at a meeting here, Petroleum Minister M. Veerappa Moily told media persons that “in addition to the nine subsidised cylinders given […]

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