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Khurshid to discuss South China Sea, Afghanistan with ASEAN plus partners

ASHOK B SHARMA - 2013-06-29 11:06
New Delhi: India is likely to discuss matters relating to its presence in the South China Sea, need for peace and stability in Afghanistan and the recent developments in North Korea with the ASEAN members as well as with the East Asian and the Pacific countries.
INDIA: KERALA

LDF Fails The Political Morality Test

CPI(M) ‘OVERRULES’ VS, CPI ON THE ISSUE
P. Sreekumaran - 2013-06-29 09:50
THIRUVANANTHAPURAM: An essential prerequisite for success in politics is an exquisite sense of timing. The hallmark of a successful politician is the unerring ability to seize the moment and retain the moral high ground.

Scramble For Lucknow Seat In BJP

MODI, RAJNATH IN THE FRONTLINE
Pradeep Kapoor - 2013-06-29 09:45
LUCKNOW: Who will contest on BJP ticket from Lucknow for 2014 Lok Sabha polls is the million dollar question that is being asked in all possible quarters — BJP circle, the media and across political parties.
INDIA: MADHYA PRADESH

Dynasty Is Okay With Most Parties

NEW GENERATION PREPARING FOR BIGGER ROLE
Harihar Swarup - 2013-06-29 09:36
The trend of dynastic succession has been visible in India for quite some time and it has touched an all time high in Madhya Pradesh where assembly elections are due in November this year. Sons and daughters of politicians, who have jumped in the political fray, unlike their parents, are well educated, articulate and dedicated but they lack experience.

India to set up 2 communication satellites

ASHOK B SHARMA - 2013-06-28 09:58
New Delhi: India has planned to set up two communication satellites, namely GSAT-15 and 16 at an estimated investment of Rs 1725 crore (Rs 17,250 million).

INDIA: KERALA

HIGH COMMAND PUTS OOMMEN CHANDY ‘ON NOTICE’

RIVAL GROUP TWISTS THE KNIFE IN CM’S WOUND
P. Sreekumaran - 2013-06-28 09:56
THIRUVANANTHAPURAM: The Congress High Command has given Kerala Chief Minister Oommen Chandy a wake-up call in the wake of the solar panel scam which has badly dented his government’s image.
INDIA

SWEEPING FDI CHANGES WILL MAKE LITTLE DIFFERENCE

PARLIAMENT IS BEING DELIBERATELY BYPASSED
Nantoo Banerjee - 2013-06-28 09:53
Dollar shortage seems to have driven the government at its wits’ end. Otherwise, how could the government leave the task of making its intention public with a senior finance ministry bureaucrat regarding sweeping changes it plans to bring about in foreign equity control in Indian enterprises, all through the automatic route. The master-plan towards a new foreign direct investment (FDI) policy regime prepared by the finance ministry seeks to allow foreign equity up to 74 per cent in almost all areas of industry and trade, including highly sensitive telecommunications, banking, insurance, drugs and pharmaceuticals, multi-brand retailing and defence manufacturing.

Indian Govt removes hurdles for progress of Nalanda University project

ASHOK B SHARMA - 2013-06-28 08:36
New Delhi: The ambitious multi-million Nalanda University project moved another step ahead with the Indian Government authorising its External Affairs Ministry to sign a headquarters agreement with the university authorities.

No cut in Indian Haj Committee quota for pilgrims

Private operators’ quota cut by 75%
ASHOK B SHARMA - 2013-06-27 13:45
New Delhi: Adjusting to the cut in the quota for Haj pilgrims from India effected by Saudi Arabia, the India Government has decided to send a total of 136,000 pilgrims to Makkah this year. But there will be no cut in the number of pilgrims selected by the Haj Committee of India (HCOI).

DECLINE IN GLOBAL FDI AND OTHER FLOWS TO EMERGING MARKETS

ENVIRONMENT UNLIKELY TO IMPROVE OVER THE NEXT TWO YEARS
S. Sethuraman - 2013-06-27 11:42
Emerging Market economies including India, which is frantically seeking capital flows to reverse growth downturn and finance current account deficits, are unlikely to see any marked recovery in global FDI and other private capital flows in 2013 and 2014, according to both UNCTAD and the non-governmental Institute of International Finance (IIF).