IPA Special

Sensex down 193 pts on Budget blues, weak global cues

Mumbai: The BSE benchmark Sensex today fell 193 points to 17,273.37, on sustained selling by funds against the backdrop of uninspiring budgetary proposals last weekend and a weak global market. Realty, power and capital goods sectors continued to slide as the stock market remained bearish for the third session in...

Mar 19 · >

India world's largest recipient of arms, says study

Stockholm, March 19:  India is the world’s largest recipient of arms while South Korea is second and Pakistan and China are third in the list, reveals data on international arms transfers published by the Stockholm International Peace Research Institute (SIPRI). The volume of worldwide arms transfers in 2007-11 was...

Mar 19 · >

India's defence budget hike worrisome: Pakistani daily

Islamabad, March 19:  The significant hike in India’s defence budget gives a “wrong message to its neighbours and perpetuates tensions in South Asia”, a leading Pakistani daily said Monday. An editorial in the Dawn said that India’s neighbours “must be alarmed” by yet another, sizeable rise in its defence...

Mar 19 · >

Coalition politics behind Trivedi's resignation: D Raja

New Delhi, Mar 19 (ANI): Commenting on the intense political drama over Railway Minister Dinesh Trivedi’s decision to hike passenger fares in the railway budget, and his decision to resign on Sunday after a four-day stand-off with the Trinamool Congress leadership, Communist Party of India (CPI) leader D Raja...

Mar 19 · >

Indian shares fall to 1-1/2 wk low on fiscal worries

Indian shares fell for a third straight session to their lowest close in more than a week as continued concerns over the country’s fiscal stance hit sectors such as banking that are particularly sensitive to growth, while earnings worries hit technology stocks. The main 30-share BSE index provisionally fell...

Mar 19 · >

Trai reviews ad time policy for TV channels

NEW DELHI: In what can possibly upset business models of TV networks and negatively impact genres like news, movies and sports, the Telecom Regulatory Authority of India (Trai) is reviewing the advertisement duration policy for television channels. The sector regulator has sought the views of stakeholders on prescribing an...

Mar 19 · >

Kohli records career-best innings in ODIs

Statistical highlights of the Asia Cup match between India and Pakistan played in Mirpur on Sunday. # For the first time against India and the sixth time overall, the Pakistani openers have posted centuries in the same innings.  The said achievement has been accomplished three times against Sri Lanka...

Mar 19 · >

Poverty dips to 29.8% in 2009-10: Plan Panel

The Planning Commission said on Monday poverty in India declined 7.3 percentage points to 29.8 per cent of the population over five years to 2009-10. Poverty in rural areas declined at a faster pace than in urban cities between 2004-05 and 2009-10, according to the Planning Commission estimates released...

Mar 19 · >

BJP To Hold Chintan Baithak To Discuss UP Debacle

From Pradeep Kapoor LUCKNOW: BJP will soon organize its ‘chintan baithak’ for introspection to find out the factors responsible for debacle in the assembly polls of Uttar Pradesh A senior BJP leader told this correspondent that all the top leaders would sit and discuss as to why saffron party...

Mar 19 · >

Hooda Skillfully Deals With Jats Agitation

By B.K. Chum in Chandigarh Last week’s two happenings in Haryana hit the media headlines. One was the Jats agitation for job reservations in government services. The other was the abduction and gang-rape of a 23-years old pub employee of Gurgaon’s Sahara Mall who was on her way home...

Mar 19 · >

India Readies for the Roadmap for Shale Gas Development

As the Shale Gas policy is expected early next year, India has accelerated the progress towards achieving the best results from the developments around the unconventional gas resource. CII and Pandit Deen Dayal Petroleum University has organized a 2 day “India US Bilateral Conference on Shale Gas” at New...

Mar 19 · >

Budget draws a credible roadmap for fiscal consolidation

Speaking at the CII Interactive Session with the Ministry of Finance on the Union Budget 2012-13, Mr R.S Gujral, Secretary (Finance and Revenue) outlined a five pronged approach which was kept in mind while drawing up the Budget to help the economy emerge from the current slowdown. According to...

Mar 19 · >

PM accepts Dinesh Trivedi's resignation

Dinesh Trivedi’s resignation as railway minister has been accepted, Prime Minister Manmohan Singh told lawmakers in parliament on Monday. Trivedi quit on Sunday after his announcement of an increase in passenger fares in last week’s railway budget prompted a furious response from his Trinamool Congress party. The resignation and...

Mar 19 · >

18 power plants face serious coal shortage: Govt

New Delhi: As many as 18 power plants in the country are faced with critical level of coal shortage, Minister of State for Power KC Venugopal informed the Rajya Sabha on Monday. Of the 89 thermal power projects being monitored, 34 had fuel (coal) stock less than seven days...

Mar 19 · >

Kudankulam: Jayalalithaa begins crackdown on protestors

Chennai: Tamil Nadu Chief Minister J Jayalalithaa began crackdown on anti-nuclear activists at the Kudankulam nuclear power plant on Monday. Nine Kudankulam protestors have been detained. The Tamil Nadu government has also got the nuclear power plant site cleared. Seeking to end the impasse over the Kudankulam nuclear plant...

Mar 19 · >

Government wins first NCTC battle in Parliament

In a major relief to the government over the fiercely contested National Counter Terrorism Centre (NCTC), three amendment motions moved by the opposition on the anti-terror intelligence hub were defeated in the Lok Sabha Monday. The Trinamool Congress, a bitter critic of the NCTC but part of the ruling...

Mar 19 · >

Mamata meets PM after he says he regrets Dinesh Trivedi's departure

New Delhi: Mamata Banerjee has met with the Prime Minister after he allegedly upset her by stating in Parliament that he regrets the departure of Dinesh Trivedi from his cabinet. Mr Trivedi is from Ms Banerjee’s party, the Trinamool Congress, which is a key member of the ruling coalition...

Mar 19 · >

Not joining the UPA Govt, says Mulayam Singh

Lucknow: Mulayam Singh Yadav has said his support from the outside to the UPA government will continue, but says the Samajwadi Party is not joining the government. “We have not asked anyone and no one has asked us to,” the Samajwadi Party chief said emphatically in Lucknow today. Mr...

Mar 19 · >
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