Saturday, July 21, 2012

Jindal Steel employees arrested in Bolivia

Jindal Steel employees arrested in Bolivia


Jindal Steel employees arrested in Bolivia

Posted: 21 Jul 2012 07:35 AM PDT

Two employees of Jindal Steel and Power were arrested in Bolivia, where the company had scrapped its USD 2.1 billion project a few days back.


Euro not in danger: European Central Bank

Posted: 21 Jul 2012 07:28 AM PDT

The euro zone is not in danger of breaking up despite some analysts' worse case scenarios, European Central Bank President Mario Draghi said, judging that the bloc was inevitably marching towards closer union among its members.


Will oppose FDI in retail sector: Akhilesh Yadav

Posted: 21 Jul 2012 07:25 AM PDT

Holding that FDI in retail will harm farmers and small traders, Uttar Pradesh chief minister Akhilesh Yadav has said any move facilitating entry of multi-national firms in the sector would be opposed.


'Obama not insulting but cheering India'

Posted: 21 Jul 2012 04:25 AM PDT

Observing that the "truth- telling" of Obama "evidently pricked the thin skin of India's politicians", a leading American financial daily has said he is in fact "cheering" the Indian elite and not insulting them.


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