Tuesday, November 29, 2011

FDI in retail: PM defends decision, says good for economy

FDI in retail: PM defends decision, says good for economy


FDI in retail: PM defends decision, says good for economy

Posted: 29 Nov 2011 08:37 AM PST

While it negotiates its way through political opposition, the government has aggressively taken its reforms message to the people, pegged on its decision to allow global players in retail, which has the opposition, and some allies, up in arms. Prime Minister Manmohan Singh used a public stage on Tuesday to say that his government believed Foreign Direct Investment in retail would benefit farmers, small retailers, the country as a whole.


Highlights: PM, Sonia address Youth Congress rally

Posted: 29 Nov 2011 08:23 AM PST

Prime Minister Manmohan Singh addressed the newly-elected leaders of the Youth Congress.


2G case: Shahid Balwa gets bail

Posted: 29 Nov 2011 07:39 AM PST

Shahid Balwa, the promoter of Swan Telecom, has been granted bail in Delhi today. Of the 14 people arrested for the telecom scam, 11 have now been permitted to go home. Those still in prison include former telecom minister A Raja, and two former bureaucrats who worked closely with him.


China should now take 'pushy' India seriously: Official daily

Posted: 29 Nov 2011 07:38 AM PST

China must start taking an of late "pushy" India seriously as it has strategically placed itself in the US-China face-off to gain maximum benefits, a leading Chinese official newspaper said today.

Air India, Jet Airways cancel 7 flights to London

Posted: 29 Nov 2011 07:33 AM PST

Air India and Jet Airways have cancelled a total of seven flights to London tomorrow due to a nationwide general strike by several British unions, including those representing immigration and other airport staff.


2G case: Kanimozhi to be greeted by senior DMK leaders upon exiting Tihar

Posted: 29 Nov 2011 07:32 AM PST

Kanimozhi, who is expected to leave Tihar Jail today, is likely to head to Chennai on Saturday for a few days. The Rajya Sabha MP who was arrested in May for her alleged role in the telecom scam was granted bail yesterday by the Delhi High Court.


Live Blog: Kanimozhi to walk out of Tihar Jail

Posted: 29 Nov 2011 07:19 AM PST

Kanimozhi is likely to head to Chennai on Saturday for a few days. The Rajya Sabha MP who was arrested in May for her alleged role in the telecom scam was granted bail yesterday by the Delhi High Court.


CBI remarks against Gujarat court are 'nonsense,' says Supreme Court

Posted: 29 Nov 2011 06:29 AM PST

The Supreme Court today slammed the Central Bureau of Investigation (CBI) for asking for a case to be transferred out of Gujarat on the grounds that courts in the state will not be impartial.


Uttar Pradesh Congress MP revolts against FDI; plans to write to PM

Posted: 29 Nov 2011 05:45 AM PST

As the UPA government it leads tries to get allies and opponents alike to understand the benefits of allowing global players in multi-brand retail, Sanjay Singh, a Congress MP from poll-bound UP has said he plans to write to the PM to say that the timing of the FDI decision will hurt the party's electoral prospects in UP.


Lokpal row: Team Anna expresses disappointment with Lokpal draft

Posted: 29 Nov 2011 05:44 AM PST

The government may be running out of time - and options - on the Lokpal Bill with Team Anna expressing as disappointment with the draft report of the Standing Committee which is working on the legislation.


Illegal mining: IAS officer sent to CBI custody

Posted: 29 Nov 2011 04:51 AM PST

Senior IAS officer Y Srilakshmi, arrested in connection with the alleged illegal mining case involving the Obulapuram Mining Company (OMC), owned by former Karnataka minister and mining baron Gali Janardhan Reddy, was today remanded to three-day CBI custody by a local court.


1000s of Indian custody deaths from 'torture': Report

Posted: 29 Nov 2011 04:27 AM PST

More than 14,000 people died in custody in India between 2001 and 2010, most of them from being tortured, a human rights body has said, heightening concern over police abuse. The New Delhi-based Asian Centre for Human Rights (ACHR) said in a report released on Monday that 1,504 people died in police custody and 12,727 in judicial custody across the country over 10 years.

Renowned writer and ULFA mediator Indira Goswami dies

Posted: 29 Nov 2011 02:27 AM PST

Assamese litterateur Indira Raisom Goswami, who had taken the initiative to bring the ULFA to the negotiating table, today passed away at a hospital in Guwahati after prolonged illness.


Lokpal: Bedi says time for another mass movement

Posted: 29 Nov 2011 02:26 AM PST

Team Anna member Kiran Bedi tonight expressed disappointment at the recommendations in the draft report of Standing Committee on Lokpal Bill, saying going back on commitment given by Parliament will call for mass movement again.


Air India board to meet today to discuss Govt's Rs 7,000 crore revival plan

Posted: 29 Nov 2011 01:52 AM PST

A day after the government met with officials of Air India to discuss a bailout package for the ailing airline, its board will meet today to further discuss the revival plans.


Live Blog: All party-meet today over FDI in retail

Posted: 29 Nov 2011 01:33 AM PST

Will Parliament function today? That will be decided early at Parliament House, where the government has called a meeting to try and break the impasse over the issue of allowing Foreign Direct Investment or FDI in retail. The Opposition has said it will not allow Parliament to function till the government withdraws its decision.


Vilgilance officials raid former DMK minister's premises

Posted: 29 Nov 2011 12:50 AM PST

Former DMK Minister Pongalur N Palanisamy was raided by Vigilance Officials on Tuesday morning. The raids took place at seven places in Coimbatore, Tirupur and Chennai.


PM, Sonia to attend Rahul Gandhi's Youth Congress meet today

Posted: 29 Nov 2011 12:17 AM PST

Prime minister Manmohan Singh and Congress President Sonia Gandhi are likely to be present on the second day of Youth Congress meet. Rahul Gandhi addressed the newly-elected Youth Congress leaders at the first-ever convention of the body in the national capital on Monday.


FDI in retail: Congress leaders decide no question of rollback

Posted: 28 Nov 2011 05:50 PM PST

Senior leaders of the Congress party have met this evening and decided against any softening of the government's new stand on Foreign Direct Investment or FDI in the multi-brand retail sector. The policy cleared by the Cabinet last week permits 51% FDI. The decision has united the Left and the BJP against the government, and has led to strong demands of a reversal from allies like Mamata Banerjee who are key to the survival of the UPA.


Govt mulling Rs 30,000 crore bailout package for Air India

Posted: 28 Nov 2011 04:00 PM PST

Seeking to turnaround the cash-strapped Air India, the government is considering a nearly Rs 30,000 crore package for the national carrier over a period of 10 years, official sources said tonight.


Tribal women allege rape in Tamil Nadu; 5 cops suspended

Posted: 28 Nov 2011 03:25 PM PST

Two days after four tribal women alleged they were raped by policemen in Tamil Nadu, five police personnel including an Inspector have been suspended. They have been suspended for violating the stipulation of not inquiring women and children after 6 pm.


Steel Authority of India bags mining rights for 3 Afghan mines

Posted: 28 Nov 2011 02:51 PM PST

In a strategically significant development, Afghanistan today awarded mining rights for three Hajigak blocks located at the central Bamyan province to an Indian consortium led by state-run Steel Authority of India (SAIL).


Lokpal draft report a disappointment: Kiran Bedi

Posted: 28 Nov 2011 02:47 PM PST

Team Anna member Kiran Bedi tonight expressed disappointment at the recommendations in the draft report of the Standing Committee on the Lokpal Bill, saying going back on the commitment given by Parliament will call for a mass movement again.

2G case chronology

Posted: 28 Nov 2011 02:24 PM PST

Here is the chronology of events in the 2G spectrum scam case in which DMK MP Kanimozhi and four others were granted bail on Monday.

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