Beijing: Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices.
A consensus had been reached among top leaders that reforms would be the only way to put the world's second-largest economy on a more sustainable footing, said the sources, who are familiar with the plans and Xi's involvement.
China's economic growth is at its weakest in 13 years, although still the envy of any major economy.
Xi will present the reforms at a key meeting of the ruling Communist Party later this year that will set the agenda for the next decade, signalling his seriousness to see breakthroughs, the sources told Reuters....
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06:30 AM, May 17, 2013
Kolkata: West Bengal Chief Minister Mamata Banerjee is getting ready to face the Opposition fire in the state Assembly. A special 2-day session has been called by Governor MK Narayanan from Monday to discuss the chit fund scam in the state. It has not just wiped away crores of investor money but also dragged the Trinamool Congress and Congress ministers into the mess. The scam is also getting bigger with...
10:44 AM, Apr 29, 2013
Kolkata: There was another suicide bid by a Saradha Group agent hit by the chit fund scam in West Bengal. Twenty-eight-year old Tapasi Singha tried to commit suicide by consuming sleeping pills. She had a liability of Rs 5,30,000. Tapasi and her husband Sri Nandan Singha were agents of Saradha realty. She has been admitted in Jangipur Sub Divisional Hospital. As lakhs of investors in West Bengal lose their savings...
12:47 PM, Apr 23, 2013
Raipur: At least 10 Maoists were killed on Tuesday when commandos from Andhra Pradesh stormed a forested area in Chhattisgarh, triggering a fierce firefight that lasted about 150 minutes. Police officials called the raid in Bastar region one of the biggest success against the outlawed Communist Party of India-Maoist (CPI-Maoist), which has a strong presence in Chhattisgarh. The bodies of the Maoists have been taken to Khammam district of Andhra...
03:13 AM, Apr 17, 2013
Kolkata: Efforts were being made to downplay the 'attack' on Chief Minister Mamata Banerjee and finance minister Amit Mitra by projecting the Presidency incident, the Trinamool Congress claimed on Saturday and reiterated the demand for an impartial inquiry into the vandalism. Stating that the party had condemned both the April 9 'attack' on Banerjee and the finance minister and the vandalism at Presidency University a day after, TMC Secretary General...
06:51 PM, Apr 13, 2013
Kolkata: The battle between the Trinamool Congress and the students of the Presidency University is getting uglier. Five people including a TMC worker have been arrested for ransacking the Presidency University. The TMC has now filed a counter-complaint against the activists of Students' Federation of India in the Presidency University for provoking them. Two Presidency University students named in the FIR have surrendered, but are expected to be out on...
02:17 PM, Apr 12, 2013
Kolkata: Two days after the attack on the Presidency University in Kolkata by alleged Trinamool Congress workers, four people, including a TMC worker, have been arrested. Those arrested are Shubhojeet Burman, Jayanta Haldar, Vishal Jaiswal and Pushkar Kumar Das. In the first clear admission of a TMC hand in the ransack, the mother of Shubhojeet Burman, one of those arrested, has acknowledged that her son is a Trinamool worker. All...
01:15 PM, Apr 12, 2013
Kolkata: Two days after the attack on the Presidency University in Kolkata by alleged Trinamool Congress workers, two people have been arrested and three have been detained. Those arrested are Shubhojeet Burman and Jayanta Haldar and both are not students of the Presidency University. Meanwhile, the West Bengal Governor is now caught in a political crossfire between the Left and the TMC after he asked the CPM to apologise for...
10:44 AM, Apr 12, 2013
Kolkata: The Presidency University's faculty and students in Kolkata are on a strike on Thursday after members of the Trinamool Congress youth wing allegedly barged into the university premises on Wednesday and manhandled them. Armed with sticks, they ransacked the science lab where classes were being conducted. Some teachers were allegedly assaulted too. The attack came despite West Bengal Chief Minister Mamata Banerjee's appeal for non-violent protests. Female students at...
01:51 PM, Apr 11, 2013
Kolkata: The politics of violence has kept West Bengal on the edge as police had to resort to lathicharge with the workers of Trinamool Congress and the Communist Party of India (Marxist) clashing with each other in Siliguri on Wednesday. The Left Front has called for a 12-hour bandh in Darjeeling after former Left Front minister Ashok Bhattacharya and CPM state committee member Jibesh Sarkar were arrested on Wednesday. They...
07:56 AM, Apr 11, 2013
New Delhi: West Bengal Chief Minister Mamata Banerjee has said she will fly back to Kolkata on Wednesday itself and has cancelled all her meetings in Delhi. She said she was advised by doctors to get hospitalised but she did not want to be hospitalised. "I was given oxygen whole night on Tuesday, the doctor advised me to get hospitalised, but I don't like to get hospitalised," Mamata said. Mamata...
01:51 PM, Apr 10, 2013
New Delhi: Prime Minister Manmohan Singh has expressed regret over the protest faced by West Bengal Chief Minister Mamata Banerjee from Left activists outside the Planning Commission's office in Delhi. Singh spoke to Mamata after her office called up the PMO to cancel the meeting scheduled with him on Tuesday evening, sources close to the chief minister said on Wednesday. The West Bengal Chief Minister had sought cancellation of the...
11:28 AM, Apr 10, 2013
New Delhi: 3:20 pm: Even as the TMC and the Left leaders appealed for calm, there were reports of violence. TMC and CPM supporters clashed in the Presidency University in Kolkata and a few students were reportedly injured in the clashed. TMC supporters reportedly ransacked labs at the Presidency University. 2:10 pm: Trinamool Congress leader Derek O'Brien has called the attack on Mamata Banerjee and Amit Mitra a 'pre-planned' one....
10:15 AM, Apr 10, 2013
Kolkata: West Bengal's politics of violence reached the national capital on Tuesday as Students Federation of India activists manhandled State Finance Minster Amit Mitra outside the Planning Commission. While West Bengal Chief Minister Mamata Banerjee was angered by the incident, Trinamool Congress workers went on a rampage in Kolkata and plan a statewide protest on Wednesday even as the CPM has condemned the violence of its student affiliate body. Mamata...
08:07 AM, Apr 10, 2013
Kolkata: Kolkata is mourning the death of Students Federation of India activist Sudipto Gupta due to alleged police brutality. There was a partial shutdown in the city on Thursday after the bandh called by the SFI. Since Thursday morning, there were roadblocks in various places across the city. A Congress student delegation will meet the West Bengal Governor at 4 pm on Thursday to demand a judicial probe into Sudipto's...
01:57 PM, Apr 04, 2013
Top Maoist leader Sudershan was arrested on Saturday in Andhra Pradesh's Khammam district bordering Chhattisgarh, police said. Sudershan alias Sriramulu Srinivas, a member of the central committee of the Communist Party of India-Maoist, was arrested near Vyra in Khammam district. ...
02:30 AM, Mar 24, 2013
Ahead of their meeting later in March 2013 on the sidelines of the BRICS summit in Durban, newly-installed Chinese Premier Li Keqiang spoke to Indian Prime Minister Manmohan Singh on Friday and both expressed a desire to work together to boost bilateral ties. ...
04:15 AM, Mar 16, 2013
China's parliament formally elected heir-in-waiting Xi Jinping as the country's new president on Thursday, completing the country's second orderly political succession since the Communist Party took power in 1949. ...
10:20 AM, Mar 14, 2013
China's new leadership headed by Xi Jinping is all set to take over power to succeed outgoing President Hu Jintao and his team during the two-week annual session of the National People's Congress (NPC) which began here on Tuesday. ...
11:00 AM, Mar 05, 2013
Jubilant over the ruling Left Fronts's victory in Tripura for the fifth straight term, the CPI(M) in Assam took out a victory procession through the main thoroughfares of Guwahati on Thursday. ...
06:45 PM, Feb 28, 2013
