Modi Government’s First Decision: Special Investigation Team on Black Money
New Delhi: Prime Minister Narendra Modi today held the first Cabinet meeting of his new government where the issue of bringing back the black money was discussed. “I want to share two issues which were discussed at the meeting today. It is a matter a great satisfaction that we have constituted a SIT (Special Investigation Team) to bring […]
Sensex, Nifty End at Record High on Modis Landslide Win
The BSE Sensex and the broader Nifty surged to record highs while the rupee strengthened to an 11-month peak against the dollar on Friday as the Bharatiya Janata Party (BJP) led by Narendra Modi swept to a resounding majority in the world’s largest election. Domestic-focused shares such as ICICI Bank and Ambuja Cements soared, reflecting […]
Narendra Modi Best Thing For Stock Markets: Experts
Narendra Modi is set to win an absolute majority in the 16th Lok Sabha, votes for which are being counted on Friday. The BJP is heading for a simple majority on its own as it is leading in over more than 272 seats. Mr Modi is likely to get an unfettered mandate to launch his […]
Election Results 2014: Rahul Gandhi, Smiling, Says He Accepts Responsibility
New Delhi: Speaking one after the other, Congress president Sonia Gandhi and her son and deputy Rahul Gandhi owned responsibility this evening for their party’s debacle in the general elections. “Congress has done pretty badly, a lot for us to think about. As vice-president, I hold myself responsible,” said Mr Gandhi, who led the Congress’ campaign, criticised as […]
John Oliver on the American Media’s India Blind Spot
The premiere of John Oliver’s new HBO news satire show, “Last Week Tonight,” included a segment on the Indian parliamentary election that seemed to speak for the legions of Indian journalists who actually are covering the story, as well as the political junkies here who are avidly tracking every development. Mr. Oliver took Americans and the […]
Pakistan cuts prime minister’s electricity for not paying bills
ISLAMABAD: The Pakistani government on Tuesday cut off the electricity supply to several major official buildings for non-payment of bills, including parliament, the prime minister’s offices and the president’s official residence. Pakistan is blighted by rolling power cuts, caused in part by people not paying their bills, with government offices among the worst offenders. Ordinary […]
Boy Who Hid in Plane’s Wheel Well Beat Long Odds in Surviving 5 ½-Hour Flight
Jumping a deteriorating airport fence, running across the airport unobserved in the darkness and climbing into the wheel well of a parked Boeing 767, as a California teenager did on Sunday, is not all that difficult, according to experts, but surviving the trip — in this case, a five-and-a-half-hour flight from San Jose, Calif., to […]
Air India to sell three Boeing 777s to mop up resources
NEW DELHI: Air India on Thursday declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities, barely four months after selling five of these planes to Gulf carrier Etihad Airways. The airline offered three Boeing 777-200 Long Range airplanes, powered with GE 90-110 engines, for outright sale through competitive global bidding, […]
Many BJP leaders contacted me to prevent Modi from becoming PM, Mulayam claims
ETAWAH, UP: Samajwadi Party chief Mulayam Singh Yadav on Thursday claimed that several BJP leaders have “contacted” him to prevent Narendra Modi from becoming the Prime Minister. Addressing an election rally in Etawah, Mulayam claimed that Modi would never become the Prime Minister “as several top BJP leaders were not in his favour”. The SP […]
US condemns Russian jet’s passes near its warship in Black Sea, calls it ‘provocative’
WASHINGTON: A Russian fighter aircraft made repeated low-altitude, close-range passes near a US ship in the Black Sea over the weekend, the Pentagon said on Monday, condemning the action at a time of heightened US-Russian tensions over Ukraine. “This provocative and unprofessional Russian action is inconsistent with their national protocols and previous agreements on the […]
Indian employees hesitant to seek jobs in west, study finds
NEW DELHI: A significant number of employees are apprehensive about moving to the west for jobs due to global economic uncertainty, while highly skilled ones are returning on account of good opportunities back home, a study by TimesJobs.com said. “40 per cent Indians are cautious about moving to the west for jobs due to economic […]
UK honeymoon murder suspect Shrien Dewani arrives in South Africa
JOHANNESBURG: Indian-origin businessman Shrien Dewani on Tuesday arrived in South Africa after being extradited from the UK, to stand trial for allegedly plotting the 2010 murder of his Indian-Swedish wife while on their honeymoon. Dewani was escorted to the Western Cape high court, where he appeared for the first time in a South African court, […]
Subrata Roy to remain in jail as Sahara struggles to find Rs. 10,000 cr
Subrata Roy, the chief of the Sahara conglomerate, will remain in jail for at least another week because his lawyers say they are struggling to find the 10,000 crores needed for his bail. On Wednesday, Supreme Court judges asked Sahara to deposit Rs.5,000 crore with the court and furnish a bank guarantee of anotherRs. 5,000 crore with […]
ICICI Prudential Mutual Fund offloads 11,000 MM Forgings shares
CHENNAI: ICICI Prudential Mutual Fund has offloaded nearly 11,000 shares of Chennai-based industrial forging company MM Forgings. In a stock market announcement, MM Forgings has announced that ICICI Prudential Mutual Fund, which held 7.53% stake in the company, with 920,709 shares, sold 10,837 equity shares of Rs 10 each or 0.09% of the equity share capital of the company. The deal, […]
Satellite clue ends wild theories, hope for MH370
Over an extraordinary 17 days and nights, until the moment Malaysia’s prime minister stepped to a lectern to deliver investigators’ sobering new findings, the fate of vanished Flight 370 hung on morbid conjecture and fragile hope. Many previous tragedies have transfixed us by revealing their power in cruel detail. But the disappearance of the Beijing-bound […]
Unease grows among US doctors over quality of Indian medicines
Washington/New York: Some US doctors are becoming concerned about the quality of generic drugs supplied by Indian manufacturers following a flurry of recalls and import bans by the Food and Drug Administration (FDA). India supplies about 40 percent of generic and over-the-counter drugs used in the United States, making it the second-biggest supplier after Canada. In […]
Google announces Android Wear, confirms smartwatch plans
NEW DELHI: Google on Tuesday announced Android Wear, “a project that extends Android to wearables” like smartwatches. The announcement is aimed at attracting developers, who can create apps for the new family of Android devices, before smartwatches and similar devices powered by Android Wear start appearing in the market. “We’re always seeking new ways for […]
Missing Malaysian plane: Cops find data on Indian Ocean runways in pilot’s simulator
KUALA LUMPUR: An international land and sea search for a missing Malaysian jetliner is covering an area the size of Australia, authorities said on Tuesday, but police and intelligence agencies have yet to establish a clear motive to explain its disappearance. Investigators are convinced that someone with deep knowledge of the Boeing 777-200ER and commercial […]
At least two killed in East Harlem building collapse
New York: At least two people were killed when two buildings collapsed in East Harlem on Wednesday, according to authorities, and a senior city official suggested that there would most likely be more fatalities. Witnesses reported hearing what sounded like an explosion before the buildings collapsed. Flames and smoke could be seen billowing from the street, […]
Bangalore: Seeking to deepen Indo-US ties after a recent series of setbacks, including a stand-off over the Devyani Khobragade episode, a top US diplomat of Indian origin today began her three-day visit to India. Nisha Desai Biswal, US Assistant Secretary of State for South and Central Asian Affairs, had planned her India visit in January but […]
