Former Prime Minister PV Narasimha Rao was a multi-faceted personality who provided great leadership to India at a crucial juncture, President Pranab Mukherjee said on Monday. Delivering the inaugural PV Narasimha Rao Memorial Lecture organised by Hyderabad Media House, Mukherjee praised him for his political sagacity and farsightedness that benefited the country immensely. ...
04:33 PM, Dec 31, 2012
Veteran comedian and character artiste 'Sutti' Velu died at a Chennai hospital in the wee hours of Sunday. He was 65 and is survived by wife and four children.The actor had been ailing for some time and undergoing treatment at a private hospital in Chennai where he breathed his last at around 3:30 am. Born on August 7, 1947, Kurumuddali Lakshmi Narasimha Rao (Sutti Velu was his screen name) was...
08:47 AM, Sep 17, 2012
Hyderabad: Alleging that ACB deputy superintendent of police Srikrishnudu had manhandled him in the name of investigation into the Gali Janardhan Reddys bail scam, suspended judge K Lakshmi Narasimha Rao has written to the chief justices of the Supreme Court and the AP High Court, and chairman of the AP State Human Rights Commission (APSHRC) among others seeking justice. He alleged that minister for law and courts Erasu Pratap Reddy...
10:56 AM, Jul 24, 2012
Hyderabad: Dismissing criticism of former prime minister PV Narasimha Rao over the Ayodhya issue, two top officials who worked closely with him on Sunday said he tried his best to prevent demolition of Babri mosque and to ensure rule of law. Recalling the sequence of events on December 6, 1992 when Ayodhya structure was demolished, PVRK Prasad, Media Advisor to the then prime minister Rao, said it is "absurd" to...
11:19 PM, Jul 08, 2012
New Delhi: Yet another book has levelled an allegation that P V Narasimha Rao had connived at the demolition of Babri Masjid claiming that the late Prime Minister had sat in a puja when the kar sevaks began pulling it down and rose only when it was over. The charge relating to the demolition on December 6, 1992 has been made by eminent journalist Kuldip Nayar in his soon-to-be released...
05:59 PM, Jul 05, 2012
New Delhi: Why should the Congress party be hitched to the Nehru-Gandhi family like train compartments to the engine was how the late PV Narasimha Rao reacted to the suggestion that Sonia Gandhi be made the Congress chief after the assassination of her husband Rajiv Gandhi in May, 1991. This has been stated by veteran Congressman Arjun Singh in his soon-to-be-released posthumous autobiography, 'A Grain of Sand in the Hourglass...
01:05 PM, Jul 03, 2012
New Delhi: Pakistan is a part of India and PV Narasimha Rao is the Prime Minister of the country - this is being taught to school students in some states, according to a Member of Parliament. AIADMK member S Semmalai highlighted this in Lok Sabha on Wednesday while referring to the controversy over Ambedkar cartoon in CBSE textbooks during a discussion on Central Educational Institutions (Reservation in Admission) Amendment Bill,...
08:42 PM, May 16, 2012
New Delhi: The Supreme Court on Wednesday said the exercise undertaken by it for framing guidelines for reporting court proceedings was aimed at making the press know its "lakshman rekha" and not intended for taking punitive action against the journalists. "Whatever efforts we are making, please don't understand that it is for punishing or taking punitive action. We only want that press should know what is the 'lakshman rekha' for...
08:01 PM, May 02, 2012
New Delhi: The bail pleas of former Union Minister Sukhram, whose interim bail is expiring on January 16 in a 1993 telecom scam, and two others will be taken up in the Supreme Court on Monday. A bench headed by Justice P Sathasivam, would also hear the bail plea of the veteran politician's co-accused former bureaucrat Runu Ghosh and Hyderabad-based businessman P Rama Rao. The bench had on January 9...
11:41 AM, Jan 15, 2012
Nagpur: Former president Dr APJ Abdul Kalam on Tuesday revealed that former prime minister PV Narasimha Rao had asked him to make preparations for nuclear tests, which were subsequently conducted (at Pokhran) during the NDA government, headed by Atal Bihari Vajpayee. Kalam was addressing the probationers at the National Academy of Direct Taxes (NADT) here. The former President said that in May 1996, he had received a call from Narasimha...
07:19 PM, Dec 06, 2011
New Delhi: Former Telecom Minister Sukhram, convicted for taking Rs 3 lakhs as bribe to give a lucrative contract to a private firm in 1996, on Saturday pleaded for leniency in a Delhi court on grounds of his old age while the CBI called him a "habitual offender" and sought maximum punishment for him. 86-year-old Sukhram has been held guilty for misusing his official position during his tenure as Telecom...
12:21 PM, Nov 19, 2011
New Delhi: A Delhi Court on Saturday is expected to announce the quantum of punishment for former Telecom Minister Sukhram. Sukhram was on Friday held guilty by a Delhi court of misusing his official position when he was in the PV Narasimha Rao cabinet and giving undue favour to a cable supply company in a 15-year-old case. Special CBI Judge RP Pandey convicted 84-year-old Sukhram under various provisions of Prevention...
07:12 AM, Nov 19, 2011
New Delhi: Former Telecom Minister Sukhram has been held guilty by a Delhi court of misusing his official position when he was in the PV Narasimha Rao cabinet and giving undue favour to a cable supply company in a 15-year-old case. Special CBI Judge RP Pandey convicted 84-year-old Sukhram under various provisions of Prevention of Corruption Act and section 120 B (criminal conspiracy) of Indian Penal Code and is likely...
04:49 PM, Nov 18, 2011
New Delhi: An Income Tax Appellate Tribunal has said that the four Jharkhand Mukti Morcha MPs don't have to pay tax on donations received from the Congress for the 1993 confidence vote. The JMM MPs had appealed against paying income tax on the interest accrued on donations. The JMM MPs told the tribunal that this is a donation from a big party to a small party for development of Jharkhand...
07:26 PM, Sep 12, 2011
New Delhi: The Prime Minister had asked the chief of American retail chain Walmart in 1995 to 'convince' then West Bengal Chief Minister Buddhadeb Bhattacharjee about allowing FDI in retail sector, which the latter opposed, a top CPI(M) leader said on Sunday. "The Prime Minister had asked the Walmart chief to go and convince the West Bengal Chief Minister on allowing FDI in retail trade. Bhattacharjee had then explained the...
03:29 PM, Sep 04, 2011
It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit was huge. The Government...
10:12 AM, Jul 22, 2011
It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit was huge. The Government...
09:57 AM, Jul 21, 2011
In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit was huge. The Government had to choose between continuing with its populist socialist economic structure or pursuing reforms at...
10:24 AM, Jul 20, 2011
In 2011, India's Foreign Exchange Reserve stands at $315.72 billion, but 20 years ago, in 1991, the foreign exchange reserves were barely a billion dollars and FDI was almost non-existent. In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to...
11:48 AM, Jul 19, 2011
In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit was huge. The Government had to choose between continuing with its populist socialist economic structure or pursuing reforms at...
01:39 PM, Jul 18, 2011
