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India not to rush into allowing FDI in retail

Davos: In a clear message to global retail giants like Walmart, Tesco and Carrfoure, the Indian government on Sunday said it will not rush into allowing FDI into politically sensitive multi-brand retail sector. "Until a decision is formally taken to allow foreign direct investment (FDI) in front-end multi-brand, the big chains can come to India […]

Navy to induct mechanised craft

New Delhi: Looking to augment its amphibious warfare capabilities, the Indian Navy is planning to induct 10 mechanised craft to enable troop landings on beaches. A Request for Information (RFI) in this regard has been issued by the Navy in which it has asked global vendors to supply the craft within a specific time frame, […]

Two more arrested, Karmapa denies Chinese links

Shimla/Dharamsala: A Dharamsala-based businessman and a bank manager have been arrested in connection with seizure of foreign currency worth over Rs 7.5 crore from the offices of a trust backed by the Karmapa who has denied any Chinese links and said the charges were "grossly speculative". Businessman K P Bhardwaj and Manager of Ambala branch […]

Guj dream business destination: Advani

New Delhi: Showering praises on Gujarat Chief Minister Narendra Modi for making the state a dream destination for entrepreneurs, senior BJP leader L K Advani on Sunday said the national scenario was "really depressing". Advani said "the achievements" in Gujarat have a lot to do with Modi`s "astounding success" in making the state`s administration effectively […]

Pak police arrest student accused of blasphemy

Karachi: Pakistani police in the port city of Karachi have arrested a Muslim student under the country`s controversial blasphemy law for allegedly writing derogatory remarks against Prophet Mohammed in his examination answer sheets. Muhammad Samiullah, an intermediate student, was arrested on Friday following a complaint from the Chief Controller of the Intermediate Board, who accused […]

Cong launches BJP Hatao, Ktaka Bachao campaign

Bangalore: Demanding the immediate resignation of the BJP government in Karnataka for alleged land scams, nepotism and favouritism, Congress on Sunday launched its "BJP Hatao; Karnataka Bachao" campaign at a rally here. Addressing the rally, party leaders urged people to oust the B S Yeddyurappa led government, saying it is "immersed" in rampant corruption and […]

CBI searches premises of accused

Mumbai: A day after registering a case in the Adarsh Housing Society scam, the CBI today carried out searches at premises in Maharashtra and Bihar of three main accused, including a retired Army officer and a Congress leader, named in the FIR. The searches were conducted at the residences and other places of the society`s […]

Pak rejects demand to release American diplomat

Islamabad: Pakistani authorities have rejected the demand of the US to release an American diplomat who shot dead two youths in Lahore, saying the matter would be handled in court according to the country`s laws. Foreign Office spokesman Abdul Basit told a TV news channel today that the matter was already in court and the […]

Prez Obama calls for restraint, reforms in Egypt

Washington: Amid anti-regime riots in Egypt that have claimed over 100 lives, US President Barack Obama has sought restraint and favoured "concrete steps" aimed at advancing political reforms in the Arab nation, as he held key talks with his national security team to assess the situation there. "He reiterated our focus on opposing violence and […]

Eros and Ocher Studios to co-produce Rajnis movie

Mumbai: Eros International and Chennai based-Ocher Studios have joined hands to co-produce `Rana`, superstar Rajnikanth`s next movie in which he plays a triple role. `Rana` will be directed by K S Ravikumar who in the past has directed the southern superstar`s hits such as `Muthu` and `Padayappa`. Scheduled to go on floor in March this […]

Nation remembers Mahatma Gandhi on his death anniversary

New Delhi: President Pratibha Patil and Prime Minister Manmohan Singh on Sunday led the nation in paying homage to Father of the Nation Mahatma Gandhi on his 63rd death anniversary. Patil, Vice President Hamid Ansari, Singh, UPA Chairperson Sonia Gandhi and Leader of Opposition in Lok Sabha Sushma Swaraj paid floral tributes at Gandhi`s memorial […]

Tiger census initial reports show upward trend in UP

Lucknow: There could be a good news for the wildlife lovers as the preliminary analysis of the ongoing census of tigers in the forests of Uttar Pradesh indicates that their numbers might have increased. The tiger census, which is presently going on through the camera-trap-method has shown an upward trend, though the complete results will […]

Obama for true global, strategic partnership with India

Washington: US President Barack Obama has vowed to build a "true global, strategic partnership" with India and stressed on advancing bilateral economic ties and making progress on nuclear security efforts, as he dropped in during key talks between National Security Adviser Shivshankar Menon and his counterpart Tom Donilon. "The President joined the meeting (between Menon […]

2G scam: India receives replies to LRs

New Delhi: Investigative agencies probing the 2G spectrum scam have received replies from about five countries to which Letters Rogatory were issued late last year seeking information about source of funding of certain telecom firms who were awarded the radiowaves. Government sources said more information has been sought based on the replies received. While they […]

RBI Governor to appear before PAC

New Delhi: Continuing with its examination into the 2G spectrum allocation, Parliament`s Public Accounts Committee has called RBI Governor Duvvuri Subbarao on Thursday to record evidence in connection with the matter. The Committee, headed by senior BJP leader Murli Manohar Joshi, is expected to ask Subbarao whether any bank regulations were violated while making the […]

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