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Murthy Calls for Compassionate Capitalism
Infosys chief mentor N.R. Narayana Murthy Friday called on India
Inc to embrace compassionate capitalism for inclusive growth and
tackling the social-economic ills plaguing society. Addressing the
valedictory session of the CII summit here, Murthy said though
corporate India was high on confidence, the need of the hour was to
translate good intentions into action to take the deprived sections
along the path of progress & share benefits
Read On
Inflation Hits Two-Year High at 6.12%
The government Friday promised remedial action as inflation
zoomed to a two-year high of 6.12 percent, raising worries over
interest rates and real economic growth. The year-on-year inflation,
measured by the official wholesale price index, stood at 6.12
percent for the week ended Jan 6, compared with 5.58 percent for the
week before, data released showed Friday.
Read On >>>
We Will Take Steps to Control
Inflation: Chidambaram
Borders Tense in Jammu and Kashmir
The Indian border guards all
along the 198-km in Jammu region have intensified their patrolling
as the situation has turned tense after Wednesday's exchange of fire
in this sector. Tension gripped the border when BSF foiled an
infiltration bid early Wednesday morning.
Read On >>>
India Hopes New Congress Will Back India
Nuclear Deal
Finance Minister P. Chidambaram Friday outlined a vibrant picture of
burgeoning business relations between India and the US and expressed
hope that the newly elected US Congress will take a "broad view" of
India's growing need for energy and back the civil nuclear deal. "I
hope the new Congress will support the US president in taking the
civil nuclear initiative forward with India. That support will be
vital to taking the India-US relations forward," he stressed.
Read On
Killer Storm Sweeps Northwest Europe
Strong windstorms accompanied by heavy downpours raged across
northwest Europe on Thursday, causing fatalities and disrupting
transport in some large cities. The storm, Kyrill has claimed about
27 lives - four in Britain, two in Netherlands, three in the Czech
Republic, six in Poland and several more in Germany and other
places. Many of the deaths were caused by storm-related and traffic
accidents.
Read On >>>
Nusli Wadia Quizzed for Carrying Pistol
on Flight
Indian business tycoon Nusli
Wadia was detained by the authorities at the Dubai airport on Jan 13
for carrying an undeclared pistol, which had escaped security
screening at Mumbai airport. The pistol was in his baggage, which
went through regular security checks at Mumbai airport but was
noticed only at Dubai. Read On >>>
Millions Converge for Holy Kumbh Dip
At least 20 million Hindus
Friday took a dip at Sangam, the holy confluence of three sacred
rivers here, on what is regarded as the "most auspicious" of six key
bathing days at the 42-day long Ardh Kumbh. Called 'Mauni Amavasya',
it was the third auspicious day ...
Read On >>>
Left Shoots Down Chidambaram's FDI
Proposal
Left parties Friday ruled out changes in their stance on foreign
direct investment (FDI) in key sectors and said they would oppose
any move to increase its limit in the insurance sector. The CPI-M
led Left Front said it would oppose the bill to increase the FDI
limit to 49 percent from 26 percent if the government came up with
such legislation. Read On >>>
Bric-a-brac,
Cheese and
Zany Fashions in Amsterdam
 Amsterdam is the shopping metropolis of the Netherlands where
visitors can find fabulous fashions in tiny outlets, stumble over
trendy items in designer shops and scavenge the many street markets
for odds and ends. The shops packed along Runstraat are narrow and
inconspicuous. Loek de Loor's shop has a selection of 440 types of
cheese, for example. The cheese aficionado will even find cheeses
from Norway and Sweden. Read On
>>>
India has drawn 'Important Lessons' from
Gujarat
The 2002 Gujarat riots were "an aberration that should never have
happened" and India has drawn "important lessons" from them, the
country's delegate told a UN committee dealing with discrimination
against women. Read On >>>
US Envoy Denies 'Certain Agreement' with
North Korea
US chief negotiator Christopher Hill Friday denied a North Korean
report that the two countries had reached an agreement at the
one-on-one talks held in Berlin over Pyongyang's nuclear programme.
North Korea's official Korean Central News Agency (KCNA) had earlier
reported that North Korea had reached a "certain agreement" with the
US, sourcing a spokesman. Read On
Way Clear for Chavez's 18-month Power
Sweep
The Venezuelan parliament has approved President Hugo Chavez's
request for 18-month special powers to implement his brand of
socialism with sweeping changes in the economic, political and
social spheres. The new law, to be formally passed grants Chavez the
power to issue decrees without seeking the National Assembly's
approval. Read On >>>
Israel Pays $100 Million it owed to
Palestine
Israel has transferred about $100 million in frozen customs duties
it owed the Palestinian Authority as part of confidence building
measures as promised to Palestinian President Mahmoud Abbas, Israel
Radio reported Friday. Read On >>>
Aussie Cleric 'Misunderstood' Over
Anti-Jew Remarks
An Australian cleric who labeled Jews "pigs" and urged Muslim
children to die for their religion Friday claimed he was
misunderstood and his remarks were taken out of context.
Read On >
War-weary Tamils Flee in Sri Lanka
Thousands living in and around a hospital in northeastern Sri Lanka
have started fleeing the area in fear of government troops
recapturing the rebel region, reports said Friday.
Read On >>>
Bangladesh Polls Unlikely Before Six
Months
Bangladesh's parliamentary polls, scheduled for Monday but called
off, may be delayed by six months as the interim government wants to
prepare a correct voters' list and 'neutralize' the administration.
The government is considering introducing either national identity
cards or voters' identity cards before the elections.
Read On >>>
Making Bricks Empowers Rural Orissa Women
by Satyanarayan Pattnaik
"There was a time when our family hardly got two meals a day. Now we
are financially self-reliant," says a tribal woman in a brick-making
unit in an Orissa village. In a bid to generate some income, the
tribal women of Lataput village in Dasmantpur block, 60 km from
Koraput town, formed a self-help group (SHG) in 2004, reports
Grassroots Features. Read On >>>
Voluntary Groups Explore Community Radio
Just months after India
opened up non-commercial community radio broadcasting, voluntary
groups are exploring models to use the power of communication for
community development. In November, the government announced a
policy that allows community and civil society groups to own and
operate low power radio stations. Read
On >>>
Mexicans Hit Hard by Soaring Tortilla
Price
The soaring price of tortilla, a corn-based foodstuff that is a
dietary staple for millions of Mexicans, has led to a crisis for the
poor as well as the government. In the Mexican diet, tortilla
represents nearly half the total food consumption. Millions of
Mexicans eat a daily dose of tacos, wrapping tortillas around
various foods like beans and vegetables.
Read On >>>
Rajasthan's Bio Fuel Cultivation Plan
Faces Flak
Rajasthan's decision to allot
hundreds of thousands of acres of wasteland for bio-fuel crops has
drawn criticism from many who fear it will eat into traditional
grazing grounds. According to B.D. Kalla, the state Congress
president, what the government describes as wastelands are actually
fields where villagers take their livestock for grazing. He said
allotting the land to private players would disturb the rural
lifestyle and leave no space for animals to graze.
Read On >>>
India, China Conclude Boundary Talks; Tawang
a Sticking Point
India and China Thursday concluded their ninth round of talks on
resolving the boundary dispute in a "open, friendly and constructive
atmosphere" and agreed to continue discussions in Beijing later this
year. The talks, however, did not make much headway over China's
claim to the monastery town of Tawang in Arunachal Pradesh, a
reliable source told IANS. Read On >>
BJP, BSP Criticise Uttar Pradesh
Governor's Address
Uttar Pradesh Governor T.V.
Rajeshwar was virtually hooted out of the state assembly on the
opening day of the special winter session Thursday. Just as
the governor entered the house to deliver his address, Bharatiya
Janata Party (BJP) and Bahujan Samaj Party (BSP) members raised
slogans like "Governor go back", and "This killer government must
go".
Read On >>
Tibetans Want Mutually Acceptable
Solution: Dalai Lama
The Tibetans want a mutually
acceptable solution although there are no results as yet despite
direct contacts established between Beijing and exiled Tibetan
leaders, said Buddhist spiritual leader the Dalai Lama here
Thursday. "We want a mutually agreeable solution of the Tibet issue,
but the present situation is not favorable for both China and
Tibet," the Dalai Lama told journalists in Agartala.
Read On >>>
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