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India

SECURITY MEASURES EASED IN KASHMIR

CENTRE WAITING FOR INTERLOCUTOR’S REPORT
B.K. Chum - 2011-02-28 19:04
What next in Jammu and Kashmir? The developments that have been taking place since the past few weeks have given fresh relevance to the question. A close look at these developments shows that they are more positive than negative.
India

BUDGET GIVES A BOOST TO CORPORATE SECTOR

Nantoo Banerjee - 2011-02-28 19:01
New Delhi: If the initial stock market reaction is of any value, the union budget has met more than the expectations of the corporate sector. Transport stocks, construction stocks, realty stocks, automobile stocks, bank stocks, education stocks, PSU index, stocks of the oil, steel, capital goods and FMCG all bounced back immediately after the budget announcement, indicating a positive forecast for the economy in 2011-12.
India

A POPULIST BUDGET TO UNDO IMAGE OF A BESIEGED GOVERNMENT

FINANCE MINISTER TRIES TO BALANCE CONCESSIONS AND REFORMS
S. Sethuraman - 2011-02-28 18:51
New Delhi: The Finance Minister Mr Pranab Mukherjee has tried to lift up the national mood and restore credibility of the UPA Government with a predictable fiscal exercise blending an array of tax reliefs for all income groups, higher social spending and a dose of reform measures, in the Union Budget for 2011/12 he presented to Parliament on February 28.
India

CII WELCOMES BUDGET

Special Correspondent - 2011-02-28 18:37
NEW DELHI: In a statement here today, Confederation of Indian Industry (CII) welcomed Budget 2011 which has focused on the investment environment, especially in agriculture and infrastructure.

SECURITY COUNCIL IMPOSES SANCTIONS ON LIBYAN AUTHORITIES IN A BID TO STEM VIOLENT REPRESSION

Special Correspondent - 2011-02-27 19:05
New York: The Security Council today voted unanimously to impose sanctions against the Libyan authorities, slapping the country with an arms embargo and freezing the assets of its leaders, while referring the ongoing violent repression of civilian demonstrators to the International Criminal Court (ICC).

CRONY CAPITALISM IS THE ORDER OF THE DAY

MANMOHAN REGIME LOSES ITS FOCUS
Balraj Mehta - 2011-02-27 19:02
The plan for strategic sale of PSUs basically differs from disinvestments in droplets of the government equity in PSUs to raise revenue for the exchequer. Disinvestment by itself too is a narrow concept, which has been blown up into big-ticket privatisation of industrial development in India as an ideological platform. This stands at the top in policy priorities of the UPA- II seeking political, if not national consensus on issues such as even security, Indo-US and Indo-Pak relations.

NEW TWIST TO POLITICS IN UTTAR PRADESH

CONGRESS WORKERS WANT PRIYANKA TO LEAD
Pradeep Kapoor - 2011-02-27 18:58
LUCKNOW: Congress workers in Uttar Pradesh have started a campaign to bring Priyanka Gandhi as the leader of the Party in the state to take on the BSP supreme and Chief Minister Mayawati in the 2012 assembly elections. They feel that only Priyanka has the charisma to challenge the CM and she can galvanise the masses at the grassroots level.
India

Railway Budget 2011-12, an indicator to debt trap!

M.Y.Siddiqui - 2011-02-27 18:34
New Delhi: The Railway Budget 2011-12, presented by the Union Minister of Railways Mamataa Banerjee in Parliament on February 25, 2011, seeks to borrow Rs.20, 000 crores from the capital market as part of its total plan outlay of Rs.57, 630 crores compared to Rs. 41,426 crores in 2010-11. The 2011-12-plan size is undoubtedly the highest ever so far. Obviously, the Government has not infused additional budgetary support, leaving the railways to depend on the debt market mechanism.
6th BASIC Ministerial Meeting on Climate Change

Bali Roadmap. Kyoto Protocol basic for climate talks

Urges for speeding up of funding and tech transfer
ASHOK B SHARMA - 2011-02-27 16:46
New Delhi: The leaders of the BASIC countries, representing the developing world today urged that the Bali Roadmap should continue to be the template for future negotiations on combating global climate change. They also agreed to take up the issue that the developed nations under Annex-I make their second commitment period for emission cuts under the Kyoto Protocol.