February 28, 2013
Washington — Corporate America has welcomed India's 2013-14 budget as fundamentally sound with "some corrective steps necessary to revitalize investor enthusiasm, spur growth, and tame government spending".
The US-India Business Council (USIBC), representing 350 global companies investing in India and a score top Indian corporates, gave high marks to Finance Minister P. Chidambaram for steps being taken to consolidate India's fiscal position.
February 28, 2013
India's finance minister has unveiled a national budget, which features a temporary tax hike for the "super rich" and a promise to put the nation's economy back on a path of high growth. The finance minister said that attracting foreign investment was crucial to reversing India's economic slowdown.
February 28, 2013
Washington — US officials have expressed concern that the impending spending cuts may increase wait times in issuing US visas particularly in countries like India, China, and Brazil.
The sequestration would cut all State Department budget "by a fair percentage point," spokesperson Patrick Ventrell told reporters Wednesday in response to question about the impact of sequestration - $85 billion in cuts this year and $1.2 trillion through fiscal 2021 - that kicks in Friday.
February 28, 2013
MUMBAI: Nearly a month after the Mumbai police busted a Rs 1 crore cyber fraud, data submitted to the finance ministry has revealed that cyber criminals have defrauded banks in the country of almost Rs 130 crore in the last three years.
February 27, 2013
Snooker authorities for Pakistan got clearance to revive fixtures against archrivals India. A four-member Indian team will play a series in Karachi from March 7-10.
Pakistani men play snooker in a club in Lahore on February 5, 2010
February 27, 2013
Lack of water is a serious problem for the hillside region of Rajasthan. However, a pond in the village of Galandhar was deepened by 15 feet creating a bigger reservoir for the residents during the dry season.
February 27, 2013
Washington — Describing India as one of America's "most trusted and valuable partners" in the Asia-Pacific region, a senior US official has said it would serve as the foundation for greater regional economic cooperation and expansion.
February 27, 2013
A one-and-a-half-year-old Indian kid had returned to Kolkata after the US Child Protection Services took him away and accused his parents of neglect. The child has been handed over to his maternal grandmother, who was granted his custody by a New Jersey court.
February 27, 2013
A Nepalese woman who summited Mount Everest twice in one season has been recognized in the Guinness Book of World Records. Chhurim’s climbs took place only one week apart.
February 26, 2013
Brief Scorecard: India 572 (Dhoni 224, Pattinson 5-96) and 50 for 2 beat Australia 380 (Clarke 130, Ashwin 7-103) and 241 (Henriques 81*, Ashwin 5-95, Jadeja 3-72) by eight wickets
Sachin Tendulkar and Cheteshwar Pujara took India home, India v Australia, 1st Test, Chennai, 5th day, February 26, 2013
