Archive for ‘August, 2009’

India keeps its promise to give $10 billion to IMF

India keeps its promise to give $10 billion to IMF

The Government of India made a commitment to give $10 billion as contribution to International Monetary Fund (IMF). This announcement came along with announcing of framework for issuance of notes to the official sector. The notes will serve the investments in the IMF as international reserves. Therefore, RBI will be able to invest somepercentage of [...]

Jinnah: Partition’s architect, BJP’s bugbear

Jinnah: Partition’s architect, BJP’s bugbear

New Delhi: For the second time in five years, Pakistan founder Mohammed Ali Jinnah has come to haunt the Bharatiya Janata Party (BJP), the party which espouses the cause of Hindus. Invoking of his name first nearly claimed the job of party president L K Advani and now has scalped Jaswant Singh, senior party leader. [...]

Many dead in Ingushetia bombing

Many dead in Ingushetia bombing

Russia truck bomb attack Nearly 20 people were killed and more than 70 others injured when a truck packed with explosives rammed through the security gates at police station in Ingushetia,southern Russia. The bombing is the latest attack in the mainly Muslim region, which has seen an upsurge in violence in the past few months. [...]

L&T to enter General Insurance Business

L&T to enter General Insurance Business

Larsen & Toubro (L&T) a multi-crore diversified group announced today that it is going to enter the general insurance business in near six months and would go single in its new venture. Y M Deosthalee Chief Financial Officer L&T limited told reporters “We have decided to enter into general insurance business considering the long-term potential [...]

Mumbai woman dies, Second Indian H1N1 casualty

Mumbai woman dies, Second Indian H1N1 casualty

There has been another swine flu death in India, this time in Mumbai where 53-year-old Fahmida Panwala, who had tested positive for the H1N1 virus, died at the Kasturba Hospital in the city on Saturday. She died of acute respiratory distress. According to hospital sources, the woman came in on Friday with a highly complicated [...]

Terror clouds lure over World Badminton tournament in Hyd

Terror clouds lure over World Badminton tournament in Hyd

Hyderabad: With the fresh LET threat  over the tournament, World Badminton Championship site at GMC Balayogi Stadium in Hyderabad has been put on high terror alert from August 10th to 16th. Officials from Intelligence Bureau along with Pullela Gopichand, visited the stadium as well as the badminton academy on friday to check ahead of the [...]

Human rights campaigners condemn “Police abuses”

Human rights campaigners condemn “Police abuses”

India’s police force has been accused of extrajudicial killings, torture and carrying out illegal detentions, human rights campaigners have said. “India’s status as the world’s largest democracy is undermined by a police force that thinks it is above the law,” Brad Adams, Asia Director of Human Rights Watch (HRW), said on Tuesday. “The police continue [...]

Mauritania blast targets embassy

Mauritania blast targets embassy

In Mauritanian capital of Nouakchott, the suicide attack outside the french embassy has left two people injured, officials have reported. On saturday evening near the wall of the embassy, a young man detonated his explosive belt. The blast left the two French security employees injured, who were jogging nearby. Marc Flattot, an embassy official said [...]

India inks free trade pact with South Korea

India inks free trade pact with South Korea

Seoul: India and South Korea signed a free trade deal on Friday that a minister said had the potential to nearly double the more than $15 billion in annual trade between Asia’s third and fourth largest economies in the next decade. It is the first such deal by India with a developed economy and South [...]

‘Thanks To BJP, Ram Lalla Stands Like A Beggar’

‘Thanks To BJP, Ram Lalla Stands Like A Beggar’

Ramjanambhoomi head priest Satyendra Das tells AJIT SAHI that the BJP doesn’t give a damn for Lord Ram or the temple. Here is the interview of the Head priest: LK Advani has said the BJP hasn’t given up on the Ram temple issue and is committed to building it. He is lying. The BJP has [...]