New Delhi: As India inches closer to what seems like a sequel to the 1991 economic crisis, it is also moving towards a similar political arrangement to manage the economy. It may be recalled that in June 1991, PV Narasimha Rao chose Dr Manmohan Singh " a non-politician then " as the finance minister to ring fence the management of the economy. There is a growing buzz on Raisina Hill...
08:42 AM, Jun 03, 2012
Paris: Leander Paes had mixed luck in the French Open tennis on Saturday. While the top Indian doubles player and his Russian partner Elena Vesnina easily won through to the quarterfinals of the mixed doubles, he and Austrian Alexander Peya lost the men's double second round. Paes and Vesnina, seeded fifth, beat French pair Mathilde Johansson and Marc Gicquel 6-2, 6-0, while seventh-seeded Paes and Peya were beaten in the...
08:11 AM, Jun 03, 2012
Kolkata: Observing that there was lack of optimum use of science and technology for development, Prime Minister Manmohan Singh said Saturday that the profile of science must be raised in India. "We did not use science and technology in our development processes as much as we should have," Manmohan Singh said at the Indian Science Congress Association meeting here. "We did not build local capacities that could meaningfully address problems...
08:07 AM, Jun 03, 2012
Mumbai: Commerce and Industry Minister Anand Sharma on Saturday expressed confidence that the country would be attracting more direct overseas investments this fiscal. "Despite the gloomy world economy, we received highest FDI of USD 50 billion last fiscal and we are hopeful of attracting more this fiscal," Sharma told reporters here on the sidelines of a powerloom industry function. The Minister's statement comes in the wake of negative investor sentiment...
05:12 AM, Jun 03, 2012
Mumbai: Union Agriculture Minister and NCP president Sharad Pawar on Saturday said India and China can take advantage of the financial crisis in other parts of the world by increasing their production. Pointing out that the investment climate in the country had been affected, Pawar said steps needed to be taken to encourage foreign investments in the country. "Foreign investment should be encouraged. Our strength to increase production should be...
12:39 AM, Jun 03, 2012
Paris: Rafael Nadal won yet another match at the French Open, improving his record at the clay-court tournament to 48-1. The second-seeded Spaniard beat Eduardo Schwank of Argentina 6-1, 6-3, 6-4 on Saturday in the third round. Nadal has lost only 17 games in nine sets at this year's tournament. Nadal has won the French Open title six times, and one more will break the record he shares with Bjorn...
12:00 AM, Jun 03, 2012
Mumbai: Union Agriculture Minister and Nationalist Congress Party (NCP) chief Sharad Pawar once again targeted the Congress on Saturday for what he termed as a collapse in the "decision-making process" in Maharashtra. Pawar, without naming Chief Minister Prithviraj Chavan, said that on account of the dilly-dallying in taking major decisions, the state was losing out on big investments and mega industrial projects. The NCP is an ally of the Congress...
11:10 PM, Jun 02, 2012
Paris: It was business as usual as Maria Sharapova breezed into the fourth round of the French Open by sweeping past Chinese Peng Shuai 6-2 6-1 on Saturday. Sharapova's outings have been fleeting this week as she has dropped just five games en route to the last 16, spending a total of two hours and 54 minutes on court over her three matches. On Saturday, it took her 66 minutes...
10:08 PM, Jun 02, 2012
New Delhi: Human Resource Development (HRD) Minister Kapil Sibal's 'One Country One Test' dream seems to be running into legal hurdles. Less than a week after he announced a Joint Entrance Exam for all centrally-funded engineering colleges including the IITs, the IIT Alumni Association is up in arms and says it will drag the ministry to the court. "If senate have given their dissent, no ministry can't go ahead legally....
10:06 PM, Jun 02, 2012
Paris: Fourth-seeded Andy Murray of Britain reached the fourth round of the French Open with a 6-3, 6-4, 6-4 victory on Saturday over Colombia's Santiago Giraldo. Murray, who complained of a bad back in his second-round win over Jarkko Nieminen, showed no ill effects in the third round " a 2 hour, 2 minute win in which he never lost his serve and faced break point only once. Murray, trying...
08:49 PM, Jun 02, 2012
Paris: Defending champion Li Na needed three sets to reach the fourth round of the French Open on Saturday. The seventh-seeded Li, who last year became the first Chinese player to win a Grand Slam singles title, held on to beat Christina McHale of the United States 3-6, 6-2, 6-1. Li committed 44 unforced errors in the match, 20 more than her unseeded opponent. The last woman to successfully defend...
07:25 PM, Jun 02, 2012
Paris: Unseeded Varvara Lepchenko of the United States beat 2010 French Open champion Francesca Schiavone of Italy 3-6, 6-3, 8-6 in the third round at Roland Garros on Saturday. The 63rd-ranked Lepchenko never had made it beyond the second round at any Grand Slam tournament. But she came back to eliminate Schiavone, who was the runner-up at last year's French Open. Lepchenko joins Sloane Stephens, who won Friday, to give...
06:30 PM, Jun 02, 2012
Paris: Mikhail Youzhny was having such a bad day in the third round of the French Open that he felt the need to apologise, right on court during the match. The 27th-seeded Russian scraped "SORRI" into the clay with his right foot in the middle of his 6-0, 6-2, 6-2 loss to No. 6 David Ferrer on Saturday. "There was a lot of people. That's why I write 'sorry.' Because...
05:23 PM, Jun 02, 2012
Lata Gwalani explores the psychological thriller genre with her debut novel Incognito, which was launched in Mumbai by Tom Alter. ...
04:16 PM, Jun 02, 2012
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