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INDIA: WEST BENGAL

TURBULENT TIMES FOR MAMATA BANERJEE

GOVERNANCE FAILURE MARS WEST BENGAL
Ashis Biswas - 2013-07-12 14:18
West Bengal Chief Minister Mamata Banerjee desperately wants the central government to dismiss her Trinamool Congress (TMC) Ministry. On June 5, she took a provocative step in this direction by ordering a TMC boycott of an all party meeting convened by the State Election Commission (SEC) to discuss the coming panchayat election.

THE GREAT INDIAN SHIPPING SCAM

FOREIGN LINES MAKE A KILLING
Nantoo Banerjee - 2013-07-12 14:15
More than the falling GDP growth, large trade and current accounts deficit, high fiscal deficit and depreciating Rupee, it is the gross trade and economic mismanagement by the UPA government which are becoming a matter of increasing concern. It seems the policy makers are working hard to systematically ruin the country’s economic advantage to benefit overseas nations and their agents at home.

TAPI project gets a boost, Iraq to meet India’s oil needs

ASHOK B SHARMA - 2013-07-11 14:58
New Delhi: The ambitious four nation Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project is likely to be completed by 2017. It has been decided to set up an international company, TAPI Ltd and select a suitable consortium leader outside the four countries to implement the project within the timeline.

INDIA: ANDHRA PRADESH

CONGRESS IN SOUP OVER TELENGANA

ANDHRA BOUND TO BURN ON VOLATILE ISSUE
Kalyani Shankar - 2013-07-11 13:05
Will Telengana become a separate state? The vexed problem is about to be solved if one goes by the mood in the Congress Party. The lawmakers from Telangana have so far accused the Centre of following a ‘one-step-forward-two-backward’ approach when it comes to addressing their demand for a separate state but the leadership cannot afford to dillydally anymore. The AICC General Secretary in charge of Andhra Pradesh Digvijaya Singh has just submitted his report to the party chief. Coming down to two options – to keep it as a united Andhra or to give Telengana – the leadership has to take a call this week.

India to give patrol vehicles to Vietnam to guard S China Seas

ASHOK B SHARMA - 2013-07-11 12:40
New Delhi: Pending the resolution of the dispute over the South China Sea, Vietnam said that India’s presence in oil exploration blocks fall in its exclusive economic zones (EEZs), indicating that the issue is one of bilateral nature between the two countries.

CAN ROUHANI END IRAN’S ISOLATION?

INDIA TO BENEFIT IF SANCTIONS LIFTED
ASHOK B SHARMA - 2013-07-10 13:27
Situation in Egypt with the ouster of the elected President Mohamed Morsi by a military coup is one, which may be interpreted as being back to square one. But in the neighbourhood, a lamp is recently lighted sending out a ray of hope after the 64-year old moderate cleric Hassan Rouhani was elected as President of Iran.
INDIA: UTTAR PRADESH

PARTIES STEP UP PRE-POLL TEMPO

SP, BSP DETERMINED TO CHECK MODI
Pradeep Kapoor - 2013-07-10 13:23
LUCKNOW: The BJP’s march for bagging the centre of power under the leadership of Narendra Modi and Rajnath Singh will face major challenges in Uttar Pradesh from BSP supremo Mayawati, SP national president Mulayam Singh Yadav and Rahul Gandhi of Congress (I).
INDIA: BIHAR

SERIAL BLASTS IN MAHABODHI TEMPLE

NITISH KUMAR FACES UNCERTAIN SCENARIO
Upendra Prasad - 2013-07-10 13:20
The serial bomb blasts at Mahabodhi Temple at Bodhgaya may not have damaged the world known shrine, but it has dented the image of Nitish Kumar and he has suffered irreparable damage to his image of a strong administrator. Nitish Kumar is an image conscious politician and he has acquired his present status in the national politics because of his image of a clean and able administrator. Despite being a leader of a small regional party, if he was considered to be a prospective Prime Minister of India, it was only because of his good image.

IMF CUTS GROWTH PROJECTIONS FOR ALL ECONOMIES IN 2013

EMERGING ECONOMIES HIT HARD BY RISING INTEREST RATES
S. Sethuraman - 2013-07-09 18:08
Global economy’s “growing pains” in 2013 has forced IMF to slash its earlier projections for all economies - advanced, emerging and other developing - so that global growth this year would be no better than 3.1 per cent as in 2012. For India, it is marginal reduction for fiscal 2014 from 5.7 to 5.6 per cent.