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India: Madhya Pradesh

CHAUHAN GETS A CLEAN CHIT FROM COURT

CONGRESS TO GO IN APPEAL
L.S. Herdenia - 2011-08-03 10:40
BHOPAL: On July 31, 2011 the Madhya Pradesh chief minister Shivraj Singh Chauhan lashed out at corrupt leaders of his own party. While addressing the concluding function of the BJP state executive meeting at Singrauli, he asked the state party Chief Prabhat Jha to take appropriate action against the party workers who owned PDS outlets and indulged in unfair practices. But on that day, he lacked the moral authority to talk of action against corrupt elements belonging to this own party. For, on that day, a case accusing him of corruption was pending in a court.
Crisis In Kerala CPI(M)

GROWING TENSIONS OVER ORGANISATIONAL POLLS

VS AGAIN IN THE EYE OF A STORM
P. Sreekumaran - 2011-08-03 10:37
THIRUVANANTHAPURAM: The Kerala CPI(M) politics has well and truly hotted up with the official faction led by State party secretary Pinarayi Vijayan and leader of the opposition V S Achuthanandan squaring up for a showdown.
India: Uttar Pradesh

SAMAJWADI PARTY GAINING GROUND ON ELECTIONS-EVE

BSP FACING REVOLT BY SENIOR MEMBERS
Pradeep Kapoor - 2011-08-03 10:31
LUCKNOW: With the crucial elections to the Uttar Pradesh assembly due in early next year, there is a big churning in the state politics with the Samajwadi Party taking the lead in challenging the ruling Bharatiya Samaj Party at ground level. SP is witnessing largescale influx from the ranks of the BSP and interestingly, many senior members of the ruling party of the state are indicating their despair at the current functioning of the chief minister Mayawati.

AMERICA : AN ESCAPIST DEAL TO AVERT FINANCIAL ARMAGEDDON

DIVIDED WASHINGTON PROCLAIMS ITS LURCH FROM THE PINNACLE
S. Sethuraman - 2011-08-03 10:27
US Congress finally voted to raise the sovereign debt ceiling of 14.3 trillion on August 2, hours before the deadline for the Federal Government to lose its borrowing authority, thereby helping to avert a first-ever default, which would have triggered a financial tsunami across the world. For weeks USA had run the risk of its highest rating being downgraded with calamitous consequences for global currency, equity and commodity markets. The warring factions in divided Washington fought bitterly before striking a compromise involving spending cuts of trillions of dollars in no way balanced with new tax revenues sought by the White House. The entire process was damaging for confidence in USA.
Parliament to discuss price rise tomorrow

Congress strikes peace deal with Opposition

Consensus resolution on price rise expected
ASHOK B SHARMA - 2011-08-02 15:00
New Delhi: Finally a peace accord has been struck between the Congress-led ruling UPA coalition and the Opposition for smooth functioning of the Parliament.
A blow to IAF's fighter plane

Another MIG aircraft crashes

Second crash of a MiG series fighter aircraft this year
ASHOK B SHARMA - 2011-08-02 12:21
New Delhi: An IAF MIG-21 aircraft crashed in the precincts of Nal airbase in Rajasthan soon after take off at around midday on Tuesday.

TWO DECADES OF NEOLIBERALISM IN INDIA

A NEGATIVE BALANCE-SHEET
Praful Bidwai - 2011-08-02 11:42
Exactly two decades ago, Dr Manmohan Singh, then the Finance Minister, launched India on a new economic policy course of liberalisation, privatisation and globalisation (LPG). Dr Singh exploited a short-term foreign exchange crisis to push through a far-reaching long-term agenda. Ironically, on the 20th anniversary of the event, the sleaze associated with neoliberalism, with its all its cronyism, criminality and plunder of public wealth, is on full display. But neoliberalism’s diehard supporters strain to deny a link between LPG and scandals.
India

BJP YET TO COME OUT OF CRISIS

YEDDYURAPPA’S STATUS STILL A QUESTION
Amulya Ganguli - 2011-08-02 11:38
The BJP’s Rajmata Vijayaraje Scindia was among the first to boast that the party did not split in the aftermath of the Babri masjid demolition. Atal Behari Vajpayee did contemplate resignation, but was dissuaded from carrying out the threat. Otherwise, not only did the party remain united, but felt that it had gained politically from the act although it did not join its more militant fraternal outfits in subsequently celebrating December 6 as a day of rejoicing.

China, India, Viet Nam, and Indonesia could fall victim to the “middle-income trap”

Special Correspondent - 2011-08-02 11:34
TOKYO, JAPAN – Asia’s leaders must take bold, innovative action to sustain rapid growth and tackle growing inequalities, as well as address environmental challenges and the rising tide of urbanization if the region is to reach its full potential by the middle of this century, says a new book commissioned by the Asian Development Bank (ADB).
IAF dedicates itself to the people

Change of Guards in Indian Air Force

Air Chief issues vision statement
ASHOK B SHARMA - 2011-08-01 14:19
New Delhi : The new Air Chief Marshal NAK Browne described the people of the country as “the most valuable asset” and declared his vision statement - `People First Mission Always’.