PM expected to scale up infrastructure targets

PM expected to scale up infrastructure targets New Delhi: Against the backdrop of economic slowdown, Prime Minister Manmohan Singh is expected to issue directions for scaling up infrastructure targets when he holds a meeting on Wednesday to take stock of such sectors at a time when projects worth Rs 1.46 lakh crore are pending. The meeting, called as part of an exercise to boost investor sentiment in the country, will be attended by ministers of infrastructure ministries...
02:29 AM, Jun 05, 2012

Egypt: Verdict in Mubarak trial expected today

Egypt: Verdict in Mubarak trial expected today Cairo: An Egyptian court may announce its verdict on Saturday in the landmark trial of ousted president Hosni Mubarak, 15 months after a popular mass uprising forced him out of power. Mubarak, 84, along with former interior minister Habib al-Adly and six others could face the gallows if convicted of ordering the deaths of some of the estimated 850 people. The case also includes the president's sons Alaa and Gamal....
09:09 AM, Jun 02, 2012

Rajat Gupta cheated, abandoned duties: Prosecutor

Rajat Gupta cheated, abandoned duties: Prosecutor New York: A former Goldman Sachs Group Inc board member "threw away his duties" in divulging secrets about the investment bank to now-imprisoned hedge fund manager Raj Rajaratnam, a US prosecutor said at the start of a major insider-trading trial on Monday. Rajat Gupta, once a boldface name in business and charity circles, is the most prominent corporate executive charged in the US government's crackdown on insider trading. He has...
07:16 AM, May 22, 2012
Judges attack: Lawyers of 6 Delhi trial courts go on strike

Judges attack: Lawyers of 6 Delhi trial courts go on strike

Three judges from the Saket court were attacked by two men on a motorbike following an accident on Thursday evening. ...
02:24 PM, May 18, 2012

Andhra: Moves afoot to kill Vanpic MoU

Andhra: Moves afoot to kill Vanpic MoU HYDERABAD/GUNTUR: The state government is understood to be contemplating cancellation of the MoU with the promoters of the Vodarevu and Nizampatnam Port Industrial Corridor (VANPIC) and resume the land allotted to it.Officials are said to be gearing up to obtain legal opinion on the move, and are likely to issue notices to the project management over the next couple of weeks.Giving credence to these moves, rural development minister D Manikya...
10:18 AM, May 18, 2012

Aarushi-Hemraj murder trial to resume today

Aarushi-Hemraj murder trial to resume today Ghaziabad: A Sessions court here is likely to give on Monday its order on the plea of dentist couple Nupur and Rajesh Talwar for providing them all the CBI documents pertaining to the twin murder case of their daughter Aarushi and domestic help Hemraj. Additional District and Sessions Judge Shayam Lal had during the first hearing of the case on May 11 reserved its order on the Talwars' plea as...
02:56 AM, May 14, 2012
Newsmaker of the Day: C Rangarajan

Newsmaker of the Day: C Rangarajan

The industrial output for March is in red, slumping to minus 3.5 per cent. PM's economic advisor C Rangarajan speaks about it. ...
10:58 PM, May 11, 2012

Industrial output dips, job losses likely

Industrial output dips, job losses likely New Delhi: The industrial production has unexpectedly dropped to minus 3.5 per cent as compared to just 4.1 per cent in February. This is the first time since October 2011 that the output has turned negative with a huge fall in manufacturing and capital goods. The falling industrial numbers is likely to have some major impact such as policy paralysis in the government and a negative sentiment in stock markets....
04:49 PM, May 11, 2012
IIP figures are very disappointing: C Rangarajan

IIP figures are very disappointing: C Rangarajan

India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. ...
12:04 PM, May 11, 2012

March '12 IIP drops 3.5 pc compared to March '11

March '12 IIP drops 3.5 pc compared to March '11 India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. Analysts had expected output to grow 1.5 per cent, a CNBC-TV18 poll showed. The March figure compares with February's annual increase of 4.1 per cent. Manufacturing, which constitutes about 76 per cent of industrial production, shrank an annual 4.4 per cent from a year earlier, the statistics office said. The overall...
11:38 AM, May 11, 2012

India attracts highest ever FDI of $ 8.1 bn in March

India attracts highest ever FDI of $ 8.1 bn in March New Delhi: With an eight-fold increase, India attracted foreign direct investment (FDI) of $ 8.1 billion in March, the highest ever monthly inflows, despite a brouhaha over Rs 11,000 crore Vodafone tax dispute. Cumulative FDI inflows for the fiscal 2011-12 amounted to $ 36.50 billion, authoritative sources said. In March 2011, the country received FDI worth $ 1.07 billion. The $ 7.2 billion Reliance Industries-British Petroleum (BP) deal, announced in...
10:29 PM, May 09, 2012

Anger, sighs as 9/11 families watch terror hearing

Anger, sighs as 9/11 families watch terror hearing New York: Lee Hanson became deeply angry as the self-proclaimed mastermind of the September 11 attacks and co-defendants tried to undermine their arraignment on 3,000 counts of murder at a military court in Guantanamo Bay, Cuba. Hanson's son, daughter-in-law and 2-year-old granddaughter, the youngest 9/11 victim, were killed in the terror attacks over a decade ago. All were aboard United Flight 175, the second plane to crash into the twin...
02:58 PM, May 06, 2012

Haryana: Uproar over caste wing at govt institute

Haryana: Uproar over caste wing at govt institute Narnaul: The government-run Industrial Training Institute in Narnaul, Haryana, found itself in the centre of a controversy on Saturday. The institute has allegedly created a separate wing for SC/STs, calling it "special privileges". The students, however, call it discriminatory. The institute was set up by the government with the aim of providing technical skill training to students of all categories. The institute has now built two buildings. While one of...
07:28 AM, May 06, 2012

Pak court adjourns 26/11 trial till May 19

Pak court adjourns 26/11 trial till May 19 Islamabad: The trial of LeT commander Zakiur Rehman Lakhvi and six other Pakistani suspects charged with involvement in the Mumbai attacks was on Saturday adjourned till May 19, even as defence lawyers filed an application raising objections to the report of a judicial panel that recently visited India. The defence lawyers had filed an application with their preliminary objections to the commission's report at the last hearing on April 28....
06:27 PM, May 05, 2012

Tamil Nadu to introduce five new policies soon

Tamil Nadu to introduce five new policies soon Chennai: Aspiring to put the state on higher growth orbit, Tamil Nadu government has proposed to introduce new set of policies and reforms to accelerate the pace of industrialisation. The work on formulating five policies would be announced "shortly," a policy note for 2012-13 tabled in the state Assembly said. The policies being worked on by the government are Tamil Nadu Industrial Policy, 2012, Tamil Nadu Biotechnology Policy, 2012, Tamil...
03:43 AM, May 03, 2012
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