Monday, November 23, 2009

RSS chief says our borders aren't safe even after 60 years.

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has said that India was unable to make its borders safe even after 60 years of Independence due to constant meddling of its neighbours-Pakistan, China and Bangladesh.Addressing a public rally here, Bhagwat, India has been extending a hand of friendship with these countries, but they were trying everything to destabilise India. He also questioned China's policy of upping ante over Arunachal Pradesh and on the other hand extending hand of friendship.
Friendship on one side and enmity on the other, what kind of policy is this? But China plays this dual policy.

Friday, November 20, 2009

PM to focus on inclusive growth at 9 pc for next few years

Prime Minister Manmohan Singh on Friday said his agenda for the next few years is to bring India's economy back to 9 per cent growth rate and ensure the benefits of development reach everyone.

Thursday, November 19, 2009

Number of Indian billionaires almost doubles in a year: Forbes

New York November 19, 2009, 16:36 IST Happier days are back for India's rich who saw their fortunes dwindle during the recession as the country's billionaire list has doubled from last year to 52, according to the Forbes annual list of richest.

Wednesday, November 18, 2009

Sensex turns choppy, midcaps outperform

MUMBAI: Benchmark indices were witnessing a choppy session Wednesday due to lack of buying interest at higher levels. However traders flocked to take positions in midcaps and smallcap stocks.

Monday, November 16, 2009

Obama says diversity strength of US

President Barack Obama says one of the United States' strengths is its diversity and a family gathering in his home "looks like the United Nations. A suspected car bomb killed at least six people and wounded 14 others on Monday near a Pakistan air force base close to the northwestern city of Peshawar and the Afghan border.A car laden with explosives rammed a police station wall in Budhbhair area of the city.The blast badly damaged the police station, a mosque and a shop.

Mumbai belongs to India, says 'Marathi' Sachin

Mumbai belongs to India. That is how I look at it. And I am a Maharashtrian and I am extremely proud of that but I am an Indian first," said Tendulkar responding to a specific query at a media meet in Mumbai on the eve of completing 20 years in international cricket.

Friday, November 13, 2009

NTPC stake sale to fetch government Rs 8,100 cr

A 5 percent stake sale in state-run power producer NTPC could fetch the government Rs 8,100 crore, Sunil Mitra, a senior
finance ministry official, said on Friday.

Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the proceeds, as it seeks to boost revenues and rein in a widening budget deficit.

Thursday, November 12, 2009

car sales jump up to 34%

The domestic passenger car sales registered a healthy 34% jump in october on continuing festive demand while sale of commercial vehicles scoared 52%.

Monday, November 9, 2009

Abortion Issue Threatens US Health-Care Overhaul Legislation

Democrats are hardening their stances on both sides of the abortion issue in a battle that may threaten plans to overhaul the US health-care system............

Sunday, November 8, 2009

Govt to exit stimulus packages next year: PM

Prime Minister Dr Manmohan singh said the worst for the economy was behind us and thatIndia was seeing signs of an upturn. “India is likely to grow at 6.5% in FY10,” Dr Singh, a renowned economist himself, said, adding that for the following fiscal year, the country could see a growth of 7% if the monsoon is normal.

The PM, speaking at the India Economic Summit, said his aim was to deliver rapid and inclusive growth and that India was open to both trade and investment. His talk was also laced with emphasis on reforms and the need to improve policies and continue on the reforms path.


Outlining his government’s priorities with regards to its economic policies, Dr Singh said there was a need to increase government expenditure in health and education. “We need to simplify and rationalize policies to encourage investment. The futures market needs to be deepened,” he said. “India today is better positioned to push through reforms. Foreign investors today are welcome to participate in the country.”

Stake sales in public sector undertakings (PSUs) may see faster progress, the PM said. He also outlined the government’s exit from the stimulus packages saying they would be from next year.

Speaking on the sidelines of the G20 summit, Finance Minister ruled out any further stimulus measures. "The economy is on the path of recovery. We will decide what type of exit we should accept. There are two questions here. One, whether there is going to be any stimulus package? I have indicated earlier that there is no stimulus package. Second, whether the fiscal concessions, tax concessions which we have given will continue or not. My response is they will be continued till they are withdrawn."