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Monthly Archives: April 2012

‘Powerful Clinton, influential Mamata’s meet significant’

US Secretary of State Hillary Clinton’s proposed meeting with West Bengal Chief Minister Mamata Banerjee, coming soon after the latter was named one of the world’s most influential people by the prestigious Time magazine, may help in removing the adverse feelings that exist in the state about American policies, say analysts. It may also result in increased American investment. Banerjee’s ...

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SC backs women tour operators on Haj quota

 Even as it reserved its verdict, the Supreme Court Monday asked the government to consider women private operators in the process for the allocation of Haj quota of pilgrims going to Makkah for the pilgrimage every year. The apex court bench of Justice Aftab Alam and Justice Ranjana Prakash Desai asked the government to consider the plea after it was ...

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Rajasthan: Newborn girl found abandoned

A newborn girl was Monday found abandoned at a burial ground in Rajasthan’s Pali district, police said. A passerby noticed the infant lying in the bushes at the burial ground in Pali town, some 300 km from here, and informed the police. The girl was immediately rushed to a hospital where she was “out of danger”, they said. “The girl, ...

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18 dead in China accident

Eighteen people died in northern China Monday when a van collided with a truck, authorities said. The accident happened around 7.00 a.m. in Ningxia Hui region. Eight others were injured, China Daily reported.

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Israeli Prime Minister’s father passes away

Ben-Zion Netanyahu, father of Israeli Prime Minister Benjamin Netanyahu, Monday passed away at his Jerusalem home at the age of 102. A statement released Monday by the Prime Minister’s Office here said that “last (Sunday) night, his son, Prime Minister Benjamin Netanyahu managed to visit him one last time”, before his father’s demise. Netanyahu senior, a highly-regarded historian of the ...

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BJP rules out backing Pranab in presidential polls

With Vice-President Hamid Ansari and Finance Minister Pranab Mukherjee emerging as probable Congress choices for the presidential polls, the Bharatiya Janata Party (BJP) Monday ruled out supporting either of them and said the party was open to supporting a candidate chosen by non-Congress parties. Senior BJP leader Sushma Swaraj spelt out broad parameters of the party’s approach to the presidential ...

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Spectrum shift to put additional Rs.10,000 crore cost on Vodafone India

Vodafone India Monday said the telecom regulator’s proposal to replace its 900MHz with an 1800MHz network will cost an additional Rs.10,000 crore to the firm which will be passed on to consumers. The Telecom Regulatory Authority of India (TRAI) has recommended refarming — redistribution of airwaves in the 900 MHz largely held by incumbents and substituting it with frequencies in ...

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Sex at orgies is normal for me: Strauss Khan

Former International Monetary Fund (IMF) chief Dominique Strauss-Kahn has claimed it is “normal” for him to have sex with six different women at orgies, Daily Mail reported Monday. The 63-year-old economist, once tipped as the next French president, gave the extraordinary explanation to magistrates probing claims he used 800-pounds-a-night prostitutes at swingers’ parties. He has been charged with conspiring with ...

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Tainted Bangaru Laxman quits BJP executive

Bharatiya Janata Party’s (BJP) former president Bangaru Laxman Monday resigned from the party’s national executive, following a Delhi court last week sentencing him to four years of rigorous imprisonment for accepting a bribe of Rs.1 lakh. “Bangaru Laxman has submitted his resignation to party president Nitin Gadkari… his resignation from the national executive has been accepted,” BJP’s national media convenor ...

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Seychelles to prosecute 4 pirates

Denmark has reached an agreement with the Seychelles to prosecute four Somali pirates held on board a Danish warship, the Danish foreign ministry said. Sixteen suspected pirates were detained by the warship Absalon, which is part of a NATO-led anti-piracy mission in the Gulf of Aden, following a security mission April 11. “I am very glad that Denmark was able ...

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Indonesia seeks for UAE Investments

The Indonesian government has urged the UAE companies to tap opportunities in that country. Director of the Indonesia’s investment promotion agency described the country as one of the most attractive investment destinations in East Asia. Anandra Raman was speaking at the “Invest in Indonesia Forum”, organized by the Indonesian Embassy in Abu Dhabi.

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Pak braces for anti-government protests

The opposition Pakistan Muslim League-Nawaz (PML-N) party Monday announced a nationwide stir against the government of Prime Minister Yousuf Raza Gilani after he refused to quit following his conviction in a contempt of court case. The Supreme Court Thursday found Prime Minister Gilani guilty of contempt of court and gave him a symbolic sentence of less than a minute for ...

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US consumer spending up 0.3 percent

The US personal consumption expenditures (PCE) rose by 0.3 percent in March, the US Commerce Department said Monday. The US savings rate, personal saving as a percentage of disposable personal income, edged up to 3.8 percent in March, slightly higher than the 3.7 percent in February and remained well above the 2.1-percent average savings for all of 2007. Economists say ...

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Exide Industries net profit dips 12.9 percent

 Exide Industries, the biggest storage battery producing company in India, Monday reported 12.9 percent slide in its net profit in the quarter ended March 31, 2012 to Rs.1.42 billion (over $26 million) from Rs.1.63 billion during the same period an year ago. Net sales for the Kolkata-based company during the period under review, however, increased by 18.2 percent from the ...

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