Coming down heavily on the Income Tax Department for not being fast and on time for submitting the papers related to the investigation into the 2G scam in the Apex Court, it said no matter how big and wealthy the accused are no body should be spared. “The IT department must be quicker. This is […]
Reacting strongly to the Indian Army Chief Gen VK Singh’s comment that India is “competent” to carry out the Abootabad kind of operation as America did, Pakistan Foreign Secretary, Salman Bashir said that if any country in South Asia tries to indulge into unilaterlism it will face severe consequences. Without naming India but hinting clearly […]
Sectarian violence continues to claim innocent lives in the Sunni dominated Pakistan. News reports emanating from the South western city of Quetta in Pakistan say that the Shia minority suffered a casualty in a blast in the city. There are conflicting reports about how the killing took place- one say that a gun man started […]
Members of Indian Parliament (MPs) can now spend Rs 10 lakhs a year from their discretionary development fund to donate tri-cycles and artificial limbs for differently abled persons, breaking from the earlier ‘social facilities only’ stipulation of the scheme. This is the first amendment which allows MPs to directly spend MPLAD funds on individuals. Under […]
Partisan politics has come to haunt the Paliamentary Committee set up to probe the 2G spectrum scam. Congress today demanded the removal of Yashwant Sinha, former finance minister and BJP leader, on the grounds that he has a ‘prejudiced mind.’ Congress alleged that Sinha has decided the issues even before a single sitting of the […]
Outsourcing industry is facing tremendous pricing pressure, going by the findings of Everest Group’s quarterly outsourcing and offshoring report. According to it, the total amount of work under BPO deals that were renewed or renegotiated increased 14% in the three months from December to March, but the total value of these contracts fell by 17%. […]
According to a US monitoring group the Al-Qaeda has confirmed the death of its leader Osama Bin Laden in a statement posted on jihadist website. According to some news agency the Al Qaeda has vowed to take revenge for the killing of his leader and said that his blood won’t be “wasted. Osama was killed […]
Many may be happy to hear about the death of Osama bin Laden, but few would be happier than Internet criminals and scamsters, according to Internet security companies. Not only have they infected the website of Abottabad-based techie Sohaib Athar (which was widely linked by news media,) but they are also entrapping many users with […]
India may be advancing on all fronts, but when it comes to choosing a partner for their sons and daughters, even the mothers belonging to India’s urban middle class have extremely traditional views. A survey of 25,000 mothers of would be brides and grooms registered on Shaadi.com found that 67% of them felt that their […]
Worst was being feared and worst has come true. Five days after the helicopter in which Arunachal Pradesh’s Chief Minister, Dorjee Khandu, went missing the debris of the chopper has been located at Lobothang, 4900 metres above sea level. “We have some information that is not encouraging…it is not good news,” said Home Minister P […]
The Congress Party put the blame for the Noida farmers uprising squarely on the UP state government led by Mayawati. Speaking to reporters in the capital, spokesperson Manish Tewari dismissed the suggestion that the delay by the Central government in passing the Land Acquisition Act has contributed to aggravating the plight of the protesting farmers […]
India is heading towards an unprecedented oil-shock, with under-recovering quadrupling over last year — according to early numbers from the ministry of petroleum and natural gas. With crude oil prices almost regaining their all time high of 3 years ago, India’s state-owned oil companies are heading towards a record breaking ‘oil shock’ year. “The Oil […]
Indian mobile operators continued to see average bill sizes shrink in the last quarter of 2010, the Telecom Regulatory Authority of India (TRAI) has revealed in its latest ‘performance report.’ Year-on-year, GSM saw higher falls than CDMA. According to the report, the Average Revenue Per User (ARPU) — a measure of how big a bill […]
Two days after the Telecom Regulatory Authority of India re-opened the vexed issue of ‘termination charges,’ new operator Uninor (a joint venture of Unitech and Telenor) has struck back at bigger operators accusing them of “restrictive trade practice” against newer ones. TRAI had, two days ago, asked for suggestions on whether to increase or decrease […]
The Prime Minister’s Trade and Economic Relations Committee has stepped in after complaints by the Indian pharma industry over India’s planned trade agreement with the European Union. The commerce ministry led by Anand Sharma has been negotiating a trade agreement — aimed at reducing import duties and facilitating better access for companies on both sides […]
India’s second largest industry association, the Federation of Indian Chambers of Commerce and Industry (FICCI) has lent its support to Congress President Sonia Gandhi’s proposal to allot mines only through bidding, but called it unsuitable for many cases. Under the current system, mines and similar natural resources (except oil blocks) are allotted in a non-transparent […]
India’s exports cgrew 44% in March, the final month of the last financial year. For the full year, the growth was 37.5%, as announced by the government earlier. Export growth was slightly lower than the 50% growth seen during the early part of 2010, but substantially higher than the rates prevalent a year ago. India’s […]
Microsoft, the maker of the Windows Operating system, increased its already high market-share by 0.7 percentage points to 78.6% of the total worldwide operating system market, Gartner said. Total operating system (OS) revenues for Microsoft jumped to $23.85 billion dollars in 2010, higher than the total turnover of most big corporations in the world, according […]
India has fired a salvo at Pakistan after US President Barack Obama confirmed that Osama bin Laden has indeed been shot and killed ‘deep inside Pakistan.’ India’s home minister P Chidambaram (in charge of homeland security) said the development “underlined” India’s position that Pakistan “shelters” terrorists. “We take note with grave concern that part of […]
Reports emerging from Kabul says that a spat between the officers of Afghan National Army (ANA) and soldiers of the International Security Assistance Force (ISAF) resulted in firing that has claimed some lives and wounded few. In a telephonic interview with the RTN the spokesperson of the ANA,General Mohammad Zahir Azimi confirms the death of […]
