Washington: Another bad month for the US job market is lengthening the list of perils facing the global economy. American employers added only 69,000 jobs in May, the fewest in a year and not even close to what economists expected. For the first time since June, the unemployment rate rose, to 8.2 per cent from 8.1 per cent. It was the third month in a row of weak job growth...
11:02 AM, Jun 02, 2012
Giving a breather to Sairam Shankar is 'Romeo'. "Puri rasina prema katha," reads the tag line. What makes this film unique is that PJ has written the dialogues. This is the first time that the director has written for a film not directed by him. The film is set in Verona, where Shakespeare's drama too was set. This is the only similarity between that Romeo and this modern day 'Romeo',...
10:47 AM, Jun 02, 2012
Lucknow: Haunted by the spectre of cheating in the MBBS entrance exam for those aspiring to be doctors, the Uttar Pradesh Combined Pre-Medical Test (CPMT) organisers have this year put in place unprecedented security measures. These include bringing answer sheets on a chartered flight, keeping secret the forward route of the sheets and closing all photocopying shops around the test centres. Other steps include taking fingerprints, keeping handwriting experts on...
07:29 AM, Jun 02, 2012
New Delhi: The Prime Minister's Chief Economic Advisor Dr C Rangarajan has admitted that a hike in diesel and LPG prices is imminent despite a steep hike in petrol prices last week. While speaking to Karan Thapar on Devil's advocate, Dr Rangarajan said the government can soften the blow but fuel price hike is the need of the hour to contain the fiscal deficit. Here's an excerpt of the interview:...
07:17 AM, Jun 02, 2012
New Delhi: A sharp slowdown in India's foreign trade added to the woes of Asia's third-largest economy and piled more pressure on the weak coalition government to take steps to boost economic growth. Indian exports inched up 3.23 per cent to $24.5 billion in April from a year earlier after falling in March, data released on Friday confirmed, a far cry from the more than 20 per cent growth recorded...
05:22 AM, Jun 02, 2012
New Delhi: Upset over the new IIT joint entrance test pattern announced by the government, alumni of the institute in Delhi have decided to form lobby groups and meet the Prime Minister to get the decision rescinded. In decisions taken at a meeting on Friday, IIT (Indian Institute of Technology) Delhi Alumni Association decided to meet the Prime Minister next week to submit a memorandum with objections on the new...
04:41 AM, Jun 02, 2012
New Delhi: Against the backdrop of slowing economy and perception of policy paralysis, Prime Minister Manmohan Singh on Friday sought to give a push to mega projects of over Rs 1,000 crore by putting in place a mechanism to track their progress and address hurdles. Waking up to delays caused to large projects on account of clearances, Singh announced that the Investment Tracking System would submit quarterly reports so that...
02:39 AM, Jun 02, 2012
New Delhi: Five global financial services majors, including Morgan Stanley, Stanchart and Citi, have lowered India's growth prospects to 5.7-6.4 per cent for the current fiscal, a day after markets received a "shock" from nine-year low GDP growth of 6.5 per cent for 2011-12. In their reports to clients worldwide, most of them blamed policy inaction by the government as a major roadblock to the Indian economy, which had expanded...
12:39 AM, Jun 02, 2012
Mumbai: Corporate Affairs Minister Veerappa Moily on Friday said he is hopeful about the New Companies Bill getting passed in the Monsoon Session. "Since the Standing Committee of Parliament has concluded its deliberations on the New Companies Bill, I expect it to submit it to the ministry soon and table it in the Monsoon Session," Moily told reporters in Mumbai on the sidelines of a function on Friday. Claiming that...
11:52 PM, Jun 01, 2012
Prime Minister Economic Advisory Council chairman C Rangarajan has admitted that the economic situation is critical. ...
10:55 PM, Jun 01, 2012
New Delhi: Terming the 2010 Commonwealth Games a "nightmare", Chief Election Commissioner SY Qureshi on Friday said the event is being remembered more for its controversies, which denied the nation the pride it got from the performance of its athletes. "What a nightmare it was, something we should have been proud of, that pride was denied to the nation... Unfortunately we did not get any time to bask in the...
10:37 PM, Jun 01, 2012
Commerce Minister Anand Sharma says the Finance Ministry has come out with number of notifications easing investment flows. ...
07:14 PM, Jun 01, 2012
Philadelphia: Green Lantern, one of DC Comics' oldest and enduring heroes no matter what parallel earth he's on, is serving as a beacon for the publisher again, this time as a proud, mighty and openly gay hero. The change is revealed in the pages of the second issue of 'Earth 2' out next week, and comes on the heels of what has been an expansive year for gay and lesbian...
05:14 PM, Jun 01, 2012
New Delhi: India's exports grew by a mere 3.2 per cent year-on-year to $24.4 billion in April 2012 mainly due to the slow demand in western markets like Europe. Exports stood at $23.6 billion in April 2011, according to data released by the Commerce Ministry in New Delhi on June 1. Imports during the first month of the current fiscal grew 3.8 per cent to $37.9 billion, leaving a trade...
03:31 PM, Jun 01, 2012
'Radha Manoharam' is a musical romantic film to be directed by Siddhartha Bommagouni, who was associated with Pawan Kalyan as an assistant writer/director in the past. Siraj is debuting as the male lead. Music is composed by KM Radhakrishnan, this one is being made with high technical values. "The characters mirror the thinking of today's youngsters. This is a feel-good movie with a beautiful concept. There will be eight songs...
11:10 AM, Jun 01, 2012
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