June 26, 2012
Government announced steps including hike in FII limit into sovereign debt and liberalising overseas borrowing norms for exporters, but failed to arrest slide in rupee and stock markets.
The foreign institutional investors (FIIs) can now invest USD 20 billion into government securities (G-Sec), against the present limit of USD 15 billion.
June 26, 2012
Home Minister P Chidambaram confirmed the arrest of Lashker-e-Taiba terrorist and 26/11 accused Sayed Zabiuddin alias Abu Jindal.
"The person who goes by the pseudonym of Abu Jindal has been apprehended and has been remanded to the custody of law enforcement agencies", he told reporters here.
June 26, 2012
USIBC Celebrates it’s 37th Year with Gala Reception and Summit
By Geeta Goindi
WASHINGTON - Senator Mark Warner (VA), Democratic co-chair of the powerful Senate India Caucus, sees “tremendous” opportunities for fortifying India-US ties, even as challenges loom on the horizon.
June 25, 2012
New Delhi – From being conscious about their wardrobe to following trends, Indian men folk have started taking care of their clothing, says designer Varun Bahl and adds that the Indian fashion industry has come of ages when it comes to menswear line.
June 25, 2012
Scorecard: India Women 109 for 1 (Raut 51*, Raj 43*) beat Ireland Women 107 for 6 (Cecilia Joyce 35, Isobel Joyce 32, Das 2-17) by nine wickets
India eased to victory over Ireland in Loughborough, a good beginning for the visitors ahead of tougher assignments ahead. The game was reduced to 20 overs a side.
June 25, 2012
BEIJING: China completed its first-ever manual docking between a manned spacecraft and an orbiting lab module on Sunday, putting it a step closer in an ambitious campaign to build a space station.
June 25, 2012
Secretary of State Hillary Clinton has once again asked Pakistan to do more about the terrorist safe havens in its territory. It is "like the guy who keeps poisonous snakes in his backyard," Clinton said.
June 25, 2012
New Delhi — The Indian rupee is likely to slide further and might soon touch 58 to the dollar as regulatory measures by the central bank are unlikely to have any significant impact on the currency, analysts say.
"The monetary policy has its limitations. The RBI intervention won't do much as the issue is structural," said Anis Chakravarty, senior director, Deloitte India.
The rupee continues to slide despite a series of regulatory measures taken by the Reserve Bank of India (RBI).
June 25, 2012
Rock music has become a means of survival for the youth of Manipur, caught between the large presence of the Indian army and the separatist rebels. For them rock music is a statement against India's mainstream culture which seems alien and imposed by national authorities.
June 25, 2012
London — The bickering trio of Leander Paes, Mahesh Bhupathi and Rohan Bopanna will have a point to prove when the Wimbledon Championships start here Monday.
Seeded fourth, Paes will be pairing up with Radek Stepanek of Czech Republic in the men's doubles. The duo already have a Grand Slam win under their belt in 2012, triumphing at the Australian Open.
