Monday, December 5, 2011

FDI in retail: Opposition insists on rollback; no end to logjam?

FDI in retail: Opposition insists on rollback; no end to logjam?


FDI in retail: Opposition insists on rollback; no end to logjam?

Posted: 06 Dec 2011 12:29 AM PST

The government yesterday decided to suspend its decisions on Foreign Direct Investment or FDI in retail till a consensus is reached among political parties. But will the move bring peace in Parliament...


EU seeks to save the euro, but S&P isn't convinced

Posted: 06 Dec 2011 12:15 AM PST

The announcement came only hours after Sarkozy and Merkel revealed sweeping plans to change the EU treaty....

Lokpal Bill: Race against time for the government

Posted: 06 Dec 2011 12:07 AM PST

It's now a race against time for the government to bring the Lokpal Bill in the Winter Session of Parliament. The chief of the Parliament Standing Committee, Abhishek Manu Singhvi, has asked for more ...


Andhra Pradesh govt survives no-confidence vote

Posted: 05 Dec 2011 06:11 PM PST

The Andhra Pradesh government has comfortably defeated a no-confidence motion against it, which was moved by Telugu Desam Party (TDP) chief Chandrababu Naidu over the issue of farmer suicides in the s...


Monkey 'arrested' in Pak for crossing India border

Posted: 05 Dec 2011 04:01 PM PST

Believe it or not but authorities in Pakistan's Punjab province have "arrested" a monkey after it crossed the border with India, according to a media report on Monday....


Mullaperiyar Dam row: Kerala Chief Minister appeals for calm

Posted: 05 Dec 2011 03:51 PM PST

Amid allegations that the Kerala government was creating panic among people on the Mullaperiyar Dam issue, Kerala Chief Minister Oommen Chandy has appealed for calm....


Row over Dow's Olympics sponsorship: Govt steps in

Posted: 05 Dec 2011 03:34 PM PST

With the issue of Dow Chemicals sponsoring next year's London Olympics flaring up, the Ministry of External Affairs has stepped in. In a letter, the ministry says that Dow sponsorship of the Olympics ...


Why sell uranium only to India, Pakistan asks Australia

Posted: 05 Dec 2011 03:25 PM PST

A day after Australia's ruling Labor Party approved uranium sale to India, Pakistan has demanded it be allowed to buy the nuclear raw material if the Gillard administration proceeds with sales of yell...


Irfan returns for West Indies, Mithun to tour Australia

Posted: 05 Dec 2011 03:03 PM PST

Irfan Pathan has been brought into the national team for the final two ODIs against West Indies while Abhimanyu Mithun has replaced Praveen Kumar for the Test series in Australia....


3rd ODI: West Indies win a 16-run thriller against India

Posted: 05 Dec 2011 02:59 PM PST

It took Darren Sammy and Andre Russell 5.4 overs of mayhem to undo India's impressive afternoon, and plot their first defeat in 12 home games - by 16 runs....


Merkel, Sarkozy wrangle over euro rescue plan

Posted: 05 Dec 2011 02:26 PM PST

The leaders of Germany and France sought on Monday to present a unified plan to tighten oversight of government budgets - a key step ahead of a European Union summit later this week to try to save the...


Akali Sarpanch booked for slapping woman teacher in Punjab

Posted: 05 Dec 2011 02:10 PM PST

A Sarpanch in Muktsar district slapped a woman teacher, even as dozens of policmen watched silently. Though they did pull the Sarpanch away before he could inflict further damage the woman, who was de...


Retail FDI on hold: Industry sees dent in market sentiment

Posted: 05 Dec 2011 01:08 PM PST

Under the plans, global firms such as Wal-Mart and Tesco will be able to hold a 51 per cent stake in supermarket chains in a retail revolution widely seen as a threat to many of the country's local ...


Thieves target toilet paper at US diner: Report

Posted: 05 Dec 2011 12:36 PM PST

A New Mexico restaurant employee says he's now seen it all, after three men left his diner with rolls of toilet paper and were nabbed in the parking lot by police....


Pakistan wants to rebuild ties with the U.S, says Gilani

Posted: 05 Dec 2011 11:54 AM PST

Mr Gilani said new ties being negotiated with the U.S. would ensure that the two countries "respected each other's red lines" regarding sovereignty and rules of engagement along the border. While he g...

HSBC fined £10.5 mn after elderly missold advice

Posted: 05 Dec 2011 11:49 AM PST

Britain's financial regulator said that it had fined HSBC £10.5 million.

Govt surrenders; FDI in retail on hold; BJP and Left don't commit to truce

Posted: 05 Dec 2011 11:49 AM PST

FDI in retail: The government has decided to suspend one of its biggest decisions - Foreign Direct Investment or FDI in retail - till a consensus is reached among political parties. Finance Minister ...


'Psychic' octopus tips Barca to beat Real

Posted: 05 Dec 2011 11:42 AM PST

Messi the 'psychic' octopus predicted on Monday that Barcelona will beat Real Madrid during the first 'Clasico' of the season this weekend....

Facebook hires IIT-Delhi student for Rs 65 lakh per annum

Posted: 05 Dec 2011 11:25 AM PST

Social networking site Facebook has hired Ankur Dahiya, a student of the Indian Institute of Technology (IIT) Delhi. Twenty one-year-old Ankur, who belongs to Rohtak, will have a package of Rs 65 lakh...


UK Court: Assange can continue extradition fight

Posted: 05 Dec 2011 10:42 AM PST

A British court on Monday gave WikiLeaks founder Julian Assange permission to continue his legal battle to avoid extradition to Sweden over sex crimes allegations. The decision means Assange does not ...


Lokpal Standing Committee seeks extension for submission of report

Posted: 05 Dec 2011 10:35 AM PST

Abhishek Manu Singhvi, Congress MP from Rajya Sabha and Chairman of the parliamentary panel looking into drafting the anti-graft Lokpal Bill, has sought a week's extension for submitting the panel's d...

India Asks Google, Facebook to Screen User Content

Posted: 05 Dec 2011 10:30 AM PST

Top officials from the Indian units of Google, Microsoft, Yahoo and Facebook are meeting with Kapil Sibal, India's acting telecommunications minister, on Monday afternoon to discuss the issue, say t...

Veena Malik sues over nude magazine photo

Posted: 05 Dec 2011 10:28 AM PST

Veena Malik is suing a men's magazine for millions of dollars, accusing it of publishing photos she says were doctored to make her appear nude....

Indian Mujahideen wanted to blow up Dagdusheth temple

Posted: 05 Dec 2011 10:14 AM PST

The Indian Mujahideen (IM) had planned to blow up the famous Shrimant Dagdusheth Halwai temple in Pune on the day of the German Bakery blast. The planter of the bomb had to drop the plan at the last m...


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