Washington: Emphasising that North Korea has to pay for its recent provocative behaviour, US President Barack Obama and his South Korean counterpart Park Geun-Hye have said that engagement process would be initiated if Pyongyang gives up its nuclear ambitions. "The key is that we will be prepared for a deterrence; that we will respond to aggression; that we will not reward provocative actions; but that we will maintain an openness...
11:50 AM, May 08, 2013
Pawan Kumar Bansal is under fire over bribery charges against his nephew Vijay Singhla, who is also one of the directors of Jagan Realtors Private Limited, which has several other relatives of Bansal on board. ...
10:12 PM, May 07, 2013
The BJP has now claimed Theon Pharmaceuticals was involved in price fixing. Pawan Kumar Bansal's wife Madhu Bansal, sons Manish Bansal and Amit Bansal are directors in Theon Pharmaceuticals. ...
07:13 PM, May 07, 2013
Singapore: Gold neared its highest level in more than two weeks on Monday, but gains may be capped by a rally in equity markets and promising US jobs data that dampened speculation the Federal Reserve may boost monetary stimulus. Bullion has slipped almost 12 per cent so far in 2013, having posted annual gains in the past 12 consecutive years as easy monetary policy prompted investors to buy the precious...
10:11 AM, May 06, 2013
London: Brad Drewett, a former tour player who led the ATP as executive chairman and helped increase prize money at Grand Slam tournaments, died Friday after a short battle with motor neurone disease. He was 54. The ATP said in a statement the Australian died at his home in Sydney. Drewett was a top-40 singles and top-20 doubles player before he retired in 1990. He was hired in 2006 to...
08:20 AM, May 04, 2013
Rafael Nadal says the decision to destroy the evidence in the Operation Puerto doping case is "a mistake." "My opinion is that the ruling wasn't positive for anyone," the tennis great said on Friday. "The only ones that benefited were the ones who cheated. The ones that are hurt are Spanish athletes and sports in general." In the verdict on Tuesday, the doctor at the heart of the doping ring,...
08:14 AM, May 04, 2013
Paraguay striker Oscar Cardozo's well-taken double fired Benfica into a Europa League final with Chelsea after they beat Fenerbahce 3-1 in Lisbon to win their semi-final 3-2 on aggregate. Top scorer Cardozo, who signed a new deal in January and has a 60 million euros buyout clause in his contract, proved too hot to handle after Dirk Kuyt's away goal had given Fenerbahce the upper hand. Benfica, last in a...
08:49 AM, May 03, 2013
London: Chelsea's roller coaster of a season could yet end with another night of European glory after they knocked FC Basel out of the semi-finals on Thursday to set up a Europa League final against Benfica. Goals from Fernando Torres, Victor Moses and David Luiz in a nine-minute spell early in the second half gave Chelsea a 3-1 second-leg win over the Swiss champions at Stamford Bridge for a 5-2...
08:38 AM, May 03, 2013
Kuala Lumpur: Shuttler Sindhu reached the women's singles semi-finals of the Malaysia Open Grand Prix Gold here at the Juara Indoor Stadium by winning both her second round and quarter-final matches on Thursday. Sindhu, who reached a career high of World No.13 Thursday, first overcame Ngan Yi Cheung of Hong Kong 11-21, 21-18, 21-10 in 46 minutes after which she beat Indonesian seventh seed Hera Desi 21-17, 21-17 in 37...
07:59 PM, May 02, 2013
Dhaka: The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400 factory workers. Duty-free access offered by Western countries and low wages have helped turn Bangladesh's garment exports into a $19 billion a year industry, with 60 per cent of clothes going to Europe. Any action...
03:12 AM, May 02, 2013
London: Continued speculation that Jose Mourinho is set to return to Chelsea "where people love me" cut little ice with interim manager Rafa Benitez who remains focused on guiding the London side to the Europa League final. Chelsea host FC Basel on Thursday holding a 2-1 lead from their semi-final first leg and Benitez is two matches away from claiming a European crown for a club he will leave at...
11:10 PM, May 01, 2013
London: Chelsea's relentless march towards either more European glory or an heroic, battle-weary failure, continues on Thursday when they face FC Basel with the final of the Europa League beckoning. The Londoners, like Benfica who face Fenerbahce in the other semi-final, were eliminated from the Champions League after the group stage, but both dropouts could yet meet in the final at the Amsterdam Arena on May 15. Chelsea are well-placed...
10:00 AM, May 01, 2013
London: Europe's Herschel space observatory - the largest infrared telescope ever launched - has stopped working after exhausting its supply of liquid helium coolant, ending more than three years of pioneering observations of the cool Universe. Instruments on The European Space Agency's (ESA) billion-euro flagship observatory have warmed to levels that mean it has closed its eyes on the Universe. The mission began with over 2300 litres of liquid helium,...
05:25 PM, Apr 30, 2013
London: Steel giant Tata Steel has reportedly warned the British government that it plans to shut down two research and development facilities in the country and shift them overseas including to India, resulting in 300-400 job cuts in the UK. In a move that will be seen as a major blow to Britain's already struggling industrial base, the company plans to close its technology centres on Teesside, in the north-east...
12:36 PM, Apr 29, 2013
Rome: Italian centre-left politician Enrico Letta named a coalition government on Saturday, making one of Silvio Berlusconi's closest allies deputy prime minister and ending two months of damaging political stalemate. Letta has said his priorities would be the economy, unemployment and restoring faith in Italy's discredited political institutions as well as trying to turn Europe away from austerity to focus more on growth and investment. An inconclusive general election in...
06:35 AM, Apr 28, 2013
Inter Milan have been fined 45,000 euros for the racist behaviour of their fans during a Europa League last 16 second-leg match at home to Tottenham Hotspur in March, UEFA said in a statement on Friday. Benfica have also been hit by a 32,000 euro fine for organisational issues and the conduct of their supporters at the Europa League last 16, first leg against Girondins Bordeaux in Lisbon last month....
12:32 AM, Apr 27, 2013
Istanbul: Egemen Korkmaz's second-half header earned Fenerbahce a 1-0 win in the first leg of their Europa League semi-final against Benfica and eased the tears of team mate Cristian on Thursday. The Turkish club hit the woodwork three times including Cristian's penalty which thudded against the post on the stroke of halftime, reducing the Brazilian to tears. Luckily for the midfielder, Korkmaz made the breakthrough after 72 minutes with a...
08:17 AM, Apr 26, 2013
Geneva: David Luiz beat goalkeeper Yann Sommer with a 22-yard free kick on the final shot of the match in the fourth minute of stoppage time, giving Chelsea a 2-1 win at Basel on Wednesday night in the first leg of the Europa League semi-finals. Victor Moses put Chelsea in front with a header in the 12th minute, and Fabian Schaer tied the score with an 87th-minute penalty kick after...
07:52 AM, Apr 26, 2013
