New Delhi: Detailing economic growth during the UPA regime, Prime Minister Manmohan Singh said on Wednesday the slowdown in 2012 was "temporary" and a longer term view would show that India has notched up an average "8 per cent growth" in the past nine years.
The prime minister, presenting the ruling United Progressive Alliance-II's report card, said the economic situation was "turning around" and economic growth rate in 2013-14 could exceed 6 per cent. This, he sid, would set the stage to achieve the 12th Plan target of 8 per cent for the next five years.
He said the goal of 8 per cent growth "will be difficult, but it is not impossible. We have done it before, and if we receive a mandate in 2014, we will certainly achieve it again".
He said the slowdown of 2012 was largely due to the global phenomenon, including of the eurozone GDP declining....
more
02:44 AM, May 23, 2013
London: Lewis Hamilton will be reunited with Paddy Lowe sooner than expected after Mercedes announced on Monday that the former McLaren technical head was joining their Formula One team next month. Mercedes said in a statement that the Briton had been appointed executive director (technical) and would start on June 3 - the week of the Canadian Grand Prix - after agreement was reached with McLaren for him to be...
06:57 PM, May 20, 2013
Brackley: Former McLaren technical director Paddy Lowe is joining Mercedes after an agreement was struck between the Formula One rivals. Lowe will assume the role of executive director from June 3, with a focus on technical matters, and work alongside team principal Ross Brawn. Mercedes emphasized that Brawn "will retain overall responsibility for technical and sporting matters," countering reports that his position was under threat. And Brawn welcomed Lowe's arrival...
04:09 PM, May 20, 2013
New Delhi: An advanced digital breast cancer detecting machine with the capability to see the lesions in breasts with much more clarity than ever before was unveiled in the national capital on Sunday. The mammography machine 'Amulet' by Fuji films is claimed to be India's first low dose resolution system. Speaking at the launch, Bharatiya Janata Party leader Sushma Swaraj said: "Every woman should be aware about ever growing breast...
05:33 AM, May 20, 2013
New Delhi: Embarrassed by the revelations about a union leader and retired RPF official occupying three government bungalows, the Railways has cancelled allotment of two houses and started eviction proceedings. "When it came to our notice that two houses are not been used for the purpose they were allotted, we decided to cancel the allotments," said a senior Railway Ministry official. Two of the bungalows allotted to retired officer of...
11:32 PM, May 16, 2013
Washington: A professional US body of engineers has asked the Senators to reject any move to increase the number of H-1B visas, popular among Indian professionals, arguing that it has a damaging effect on American economy. In a statement issued on Monday, IEEE-USA - the largest American body of professional engineers asked the Senate Judiciary Committee to reject amendments to the comprehensive immigration bill that would increase H-1B temporary visa...
02:54 PM, May 14, 2013
Mumbai: The rupee trimmed its initial weakness on Friday but was quoted still down by 22 paise to 54.47 per dollar on heavy demand of the US currency from banks and importers as it was strong overseas despite good capital inflows into equities. The rupee resumed lower at 54.57 per dollar as against the last closing level of 54.25 at the Interbank Foreign Exchange (Forex) Market and dropped further to...
09:46 AM, May 10, 2013
Mumbai: The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas. Increased demand for the dollar from importers and banks also put pressure on the rupee. Dealers attributed the rupee's fall to dollar gains against the euro overseas but a higher opening in the domestic stock market limited...
10:38 AM, May 07, 2013
CJ Mangla Ram was attacked after he exposed discrepancies in Govt schemes like MNREGA. ...
02:45 PM, May 06, 2013
CJ Suresh Kumar Sharma's first person account on victimisation after exposing dubious of a gas agency in Amritsar. ...
02:39 PM, May 06, 2013
CJ Dhanajay Dubey talks about his brother Satyendra who was murdered for raising his voice against corruption. ...
02:32 PM, May 06, 2013
This week on the Citizen Journalist show we focus on the whistleblowers who have spoken out against corruption amidst threat and intimidation. ...
02:22 PM, May 06, 2013
Charlotte: One phone call changed his plans. One shot changed a whole lot more for Derek Ernst. Six days after Ernst received a call that he was in the Wells Fargo Championship as the fourth alternate, the 22-year-old rookie found himself one shot out of the lead and 192 yards away from the flag on the 18th hole, the toughest at Quail Hollow in the cold, wind and rain of...
08:19 AM, May 06, 2013
Greater Noida: Noble laureate Amratya Sen on Saturday said it is unfortunate that government has not been able to push through the Food Security Bill that sought to provide subsidised foodgrains to people below poverty line. "It is unfortunate that we are not able to pass the Food Security Bill because Parliament is not able to meet", he said during a seminar at the ADB annual meet here. He further...
08:58 PM, May 04, 2013
Phil Mickelson, spotless with his putter, surged into a two-shot lead at Friday's halfway mark of the Wells Fargo Championship by firing a five-under-par 67 at Quail Hollow in Charlotte, North Carolina. The big lefthander made everything from inside 10 feet on the soft greens, making him 31-for-31 from those distances during the first 36 holes for a nine-under total of 135. Tied for second on 137 were fellow Americans...
08:01 AM, May 04, 2013
New Delhi: Smartphone maker BlackBerry launched a plan offering all its services for Rs 129 per GB in 15 mid- and low-revenue generating circles, including Uttar Pradesh, Tamil Nadu and Rajasthan, targetting a deeper penetration in these regions. The monthly plan would be available on the network of Aircel, Idea Cellular and Vodafone, BlackBerry India's Director for Commercial Relationship, Hitesh Shah told PTI. However, in metros and top four telecom...
10:45 AM, May 01, 2013
'A Leaf Turns Yellow: The Sufis of Awadh' is a thoroughly researched account of Sufism in Awadh, India. This illustrated volume introduces the reader to its history, traditions, sub-cultures, institutions and poetry. Each essay in this anthology is by a renowned scholar. Together, they explore the ways in which Sufism influenced, and was influenced by, social mores and expressive traditions, emerging as a way of living and thinking unique to...
05:00 PM, Apr 30, 2013
Bolangir: Protests by villagers displaced by the Lower Suktel power project turned violent at Bolangir on Monday. As many as 40 people were injured when the protestors clashed with police. 16 people were arrested. Villagers affected by the project staged a road blockade for over 2 hours, demanding higher compensation. ...
09:15 AM, Apr 30, 2013
I believe in discovering books on my own. I do not believe in recommendations because I am scared that most people do not know what I love to read or do not care to ask. It is a fact. Most people just put a book in your hands and tell you, "You must read this." There is nothing more to that interaction. And yet there are times when I am...
04:03 PM, Apr 29, 2013
Bangkok: India on Monday said that with continuous and concerted efforts, people living below poverty line will be down to 26.7 per cent by 2015, but improving sanitation facilities in the country still remains a challenge. The visiting Minister of State for Commerce and Industry of India, Dr Dagubatti Purandeswari told the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) meet here that for a country...
02:35 PM, Apr 29, 2013
