REFORM

  • How shooter video games can help reform violent criminals April 9, 2015

    Sydney: Australian research into the brain activity of shoot-to-kill video game players could explain why people can easily kill others without feeling bad about it and help reform violent criminals. A team of researchers from Monash University found the activity in the player's brain changed depending on whether they were...
  • Chief Ministers and Chief Justices of High Courts to discuss judicial reforms, pendency of cases April 2, 2015

    New Delhi: Judicial reforms to tackle over 2.6 crore cases pending in courts and ensure speedy trial would be among critical issues to be debated upon at a conference of Chief Ministers and Chief Justices of High Courts beginning in New Delhi on Friday. The three-day conference, to be addressed by...
  • IMF approves $6.6 billion for Pakistan in 3-year arrangement March 28, 2015

    Islamabad: The IMF has approved giving US dollar 6.64 billion to Pakistan over three years to support the country's economic reforms and growth, saying it has "abundant potential" despite the challenges it faces, according to a media report on Saturday. The approval enables an initial disbursement of about US dollar 544.5...
  • PM Modi passes first major economic reform with insurance overhaul March 13, 2015

    New Delhi: Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as Parliament voted late on Thursday to allow more foreign investment in the insurance sector. Lawmakers in the Upper House agreed to increase the foreign investment limit in local insurers to 49...
  • IMF raises growth forecast for India to 7.2% in FY15 but warns of both global and domestic risks March 12, 2015

    Mumbai: The International Monetary Fund has raised the growth forecast for India in the current fiscal to 7.2 per cent but warned that both global and domestic risks could rock the boat. The IMF says India is poised to grow at a faster pace in this fiscal, especially given the...
  • Labour ministry simplifying procedures; to club over 35 laws March 11, 2015

    New Delhi: In line with Prime Minister Narendra Modi's directive to simplify procedures, especially to promote the ease of doing business, the labour ministry is clubbing together nearly 35 central laws in four new bills, one of which may be introduced during the ongoing budget session of parliament, officials said. The...
  • Union Budget 2015 may back off fertiliser subsidy reform February 27, 2015

    New Delhi: Investors looking for India's budget on Saturday to tackle fertiliser subsidies are likely to be disappointed, because sources say the government plans to largely maintain the current regime. The government was widely expected to deregulate urea prices after freeing up diesel following a fall in crude prices, but two...
  • Muslim forum on 'terrorism' seeks education reform February 25, 2015

    Jeddah: A counter-terrorism conference attended by senior Muslim scholars from around the world on Wednesday called for education reform to tackle religious extremism. Participants at the meeting in the Saudi holy city of Mecca urged Muslim leaders to review the religious messages in education, to achieve a more moderate approach." The recommendation...
  • Union Budget 2015: Fiscal reforms will determine ratings, says Moody's February 25, 2015

    Mumbai: Moody's Investors Service said on Wednesday that its assessment of India's credit ratings will be determined mainly by the extent of its fiscal reforms, not recent revisions to its economic growth data. The comments come a day after rival Standard & Poor's said India must boost growth, cut its fiscal...
  • Fiscal reforms to determine India's ratings, says Moody's February 25, 2015

    Moody's Investors Service said on Wednesday that its assessment of India's credit ratings will be determined mainly by the extent of its fiscal reforms, not recent revisions to its economic growth data. The comments come a day after rival Standard & Poor's said India must boost growth, cut its fiscal deficit...
  • Incentives to boost job market on anvil: Experts February 22, 2015

    New Delhi: To boost job market, Finance Minister Arun Jaitley should announce measures in the Union Budget to enable entry of greater workforce into the formal sector and usher in labour reforms, HR experts say. In the last year's Budget, the government had given an impetus to skill development, while...
  • No change in ease of doing business under Modi's first 9 months: HDFC Chairman Deepak Parekh February 18, 2015

    Mumbai: Pitching for relaxing "administrative controls" to improve ease of doing business, top industry leader Deepak Parekh has said that impatience has begun creeping in among businessmen as nothing has changed on ground in first nine months of the Narendra Modi government. He said the industry is still optimistic about the...
  • Sensex up 184 points, capital goods surge February 18, 2015

    Mumbai: A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), closed on Wednesday's trade 184 points or 0.63 per cent up as capital goods stocks surged. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day's trade with healthy gains. It ended on...
  • PM Modi promises more reforms; rolls out red carpet to investors February 14, 2015

    Pune: Ahead of the Budget, Prime Minister Narendra Modi on Saturday assured investors more reforms as he rolled out the red carpet to multinationals, inviting them to make use of the large pool of highly talented youth in the country. "I invite all those who want to participate in the economic...
  • UN Security Council reform: Stick to a time-table, says India February 14, 2015

    United Nations: With UN General Assembly (UNGA) President Sam Kutesa reporting he was "heartened" to find support for a Security Council reform process based on a negotiating document, India has said that the text should be given the mandate of an Assembly resolution and the negotiations should stick to a...
  • China assisted Pakistan to build 6 nuclear reactors February 9, 2015

    Beijing: China has assisted Pakistan to build six nuclear reactors with a total installed capacity of 3.4 million kilowatts, a top Chinese official said on Sunday as Beijing plans to build two 1100 mw reactors in Karachi with USD 6.5 billion assistance. Outlining China's nuclear technology exports, Wang Xiaotao, vice...
  • Arun Jaitley projects better growth rate in 2015, hints at tax reforms December 29, 2014

    New Delhi: While projecting a better growth rate in the year ahead, Finance Minister Arun Jaitley on Monday admitted that manufacturing remained a challenge but also hinted at tax reforms to boost sentiments in India. Speaking at the 'Make In India' event in New Delhi, Jaitley said the government is taking...
  • Centre to take ordinance route to effect changes in Land Acquisition Act December 27, 2014

    New Delhi: After yet another winter session of Parliament was washed out, wherein the Narendra Modi government failed to pass crucial economic reforms, it is now planning the ordinance route to make changes to the Land Acquisition Act. The government plans to exclude 13 central laws to clear several infrastructure and...
  • Political obstruction makes PM Modi's road to reform a rocky one December 24, 2014

    New Delhi: Parliamentary obstruction scuppered Prime Minister Narendra Modi's economic agenda in a month-long session that ended on Tuesday, and the prospect of further deadlock means he will find it hard to deliver quickly on promises of reform. Lawmakers left without voting on a long-delayed Bill to raise the cap on...
  • Former top planning official jailed for life in China over graft December 10, 2014

    Beijing: The former deputy head of China's top planning agency was jailed for life on Wednesday over a bribery scandal that exposed graft at the highest levels of China's government, and ensnared several companies including Toyota Motor Corp. The sentence, handed down by a court just outside of Beijing, capped the...
  • Congress signals it could back Modi's insurance reform plan November 25, 2014

    New Delhi: The main opposition Congress party signalled on Monday it could support government legislation to liberalise the insurance industry, a long-delayed reform expected to help improve investor confidence. Prime Minister Narendra Modi proposed in August to lift the cap on foreign investment in insurance ventures from 26 per cent to...
  • Barack Obama says he 'bent over backwards' on immigration reform November 24, 2014

    Washington: US President Barack Obama on Sunday said he "bent over backwards" over the immigration reform, so as to give the Congress and in particular the Republican leadership, an opportunity to help fix the broken system. "If you look at the history, I have issued fewer executive actions than most of...
  • 2015-16 Budget to unveil second generation reforms, says Arun Jaitley November 23, 2014

    New Delhi: A "whole set of second generation reforms" will be unveiled in the next Union Budget, Finance Minister Arun Jaitely said on Sunday, promising "a lot of exciting time ahead". The country needs "a larger opening out in more sectors," it requires stability of policy and tax regime besides a...
  • Barack Obama immigration plan riles Republicans, clashes loom November 22, 2014

    Washington: Barack Obama's Republican rivals heaped scorn on his plans to offer up to five million undocumented migrants protection from deportation, as the US president went on the road to defend the bold measures. The controversial overhaul provides three-year relief for millions of undocumented people who have lived in the country...
  • Long 'to do' list for Modi as clock ticks on reform November 21, 2014

    New Delhi: Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Modi's election victory in May unleashed a...
  • Barack Obama to announce major immigration reform on Facebook November 20, 2014

    Washington: US President Barack Obama has opted for Facebook as a platform to inform Americans about his executive actions on fixing the country's "broken" immigration system. The executive actions, to be announced on Friday, is expected to benefit millions of the estimated 11 million undocumented workers. According to Pew Research Center, those...
  • G20 2014: Can politics and economic reforms be delinked? November 15, 2014

    Prime Minister Narendra Modi said reform process is bound to face resistance and wanted it to be insulated from political pressures. Making a strong pitch for economic reforms, Modi told fellow G20 leaders at a Retreat that reforms should lead to simplification of processes and that methods of governance must...
  • Committed to go ahead with more labour reforms: Bandaru Dattatrey November 11, 2014

    Mumbai: Government is committed to go ahead with further labour law reforms, Union Minister Bandaru Dattatrey said even as trade unions are opposing such measures. "The government is totally committed to reform the labour sector. We need to bring in changes in the labour laws in a manner that they...
  • Hong Kong protest leaders request formal meeting with Beijing November 7, 2014

    Hong Kong: Hong Kong protest leaders made a formal request to speak with China over political reform, calling on a pro-Beijing politician to act as their mediator. Protest numbers have dwindled since mass rallies mobilised tens of thousands demanding fully free elections for the city's next leader. But demonstrators are...
  • HRD Minister Smriti Irani meets RSS leaders to discuss education reforms October 30, 2014

    New Delhi: Human Resources Development Minister Smriti Irani met RSS leaders on Thursday to discuss education reforms. The RSS leaders discussed the Indian education system with Smriti and gave suggestions. The RSS has pitched for a practical instead of theoretical approach in the education system. RSS leaders Suresh Soni and Dattatreya Hosabale...