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New delhi: The new Defence Procurement Procedure 2013 released by the Indian Defence Ministry, here on Saturday aims to balance the competing requirements of expediting capital procurement, developing a robust indigenous defence sector and conforming to the highest standards of transparency, probity and public accountability, while laying a strong emphasis on promoting indigenisation and creating a level playing field for the Indian Industry.

There seems to be no end to the theatre of the absurd being enacted by the Congress in the state. In an unedifying spectacle, reputations have been ravaged, dignities dented, and images tarnished. The shenanigans have gone on in utter disregard of the sense of revulsion it has created among the people.

The fear of losing business has gripped Bangladesh. It was interesting to see a New York Times column by Fazle Hasan Abed, one of the most successful long-time fighters against poverty, in the wake of the building collapse which left hundreds dead in several garment factories in the country. It was interesting because he spoke up for local workers, but in exclusion of the fact that they are workers in a global chain of production.

Gross exploitation of tribal people of Bastar over decades has led to building of what has come to be known as the ‘Maoist insurgency.’ It culminated in gruesome killing of 27 Congressmen including as important leaders as Mahendra Karma, Chhattisgarh PCC president Nand Kumar Patel and grievously injuring senior leader V C Shukla. As a matter of fact, almost the entire leadership of the state Congress has been wiped out.

New Delhi: India is committed not only to go ahead with the Nalanda University project in cooperation with donar countries but has also planned development of the tourist circuit covering activities of Lord Buddha.

With less than a week left for the Pakistan Muslim League (Nawaz) supreme Nawaz Sharif’s swearing-in as the next Prime Minister of Pakistan, following the joining of 18 independent elected members of National Assembly with the 126-strong PML(N) parliamentary group (137 being the magic figure to form the government), the Tehreek Tahaffuz-e-Pakistan (TTP) leader Dr Muhammad Ayyub Khan resorted to a tearing haste to Sharif to nominate Dr Abdul Qadeer Khan for the office of President of Pakistan.

After a brief interregnum, the embers of sectarianism have once again leapt to flames in the Kerala CPI(M).

Indian Rupee (INR) has once again slipped past 56 per US Dollar (USD), for the first time since September 2012. The foreign exchange market trend, which reflects the overall movement of the country’s key economic indicators, suggests that INR is likely to inch closer to 60 per USD before the next year’s scheduled Lok Sabha election.

UPA-II’s performance, somewhat negative overall, had not matched the promises it had made in 2009 though the electoral arithmetic then worked in its favour, significantly boosting the Congress, which characteristically lost itself in complacency in due course. No doubt, the Congress-led UPA had immediately to contend with a global downturn in the wake of the worst financial crisis in 2008 since the Great Depression, and stimulate the economy, as other emerging markets did as well, inevitably generating medium-term budgetary imbalances.

After the ouster of Ram Jethmalani from BJP, Congress spokesman Shakil Ahmad was quick to react that it was the first move against Gujarat Chief Minister Narendra Modi by the parliamentary board of the Party. Is he right or he is just enjoying the infighting of the saffron Party?