New Delhi: The Indian government is planning to introduce some austerity to aid fiscal consolidation, Finance Minister Pranab Mukherjee said Wednesday as the rupee slumped to a record low of 54.50 against the dollar and stock markets tumbled.
Mukherjee said he would take austerity measures to bring more fiscal discipline and send a right signal to the market.
“I am going to…
New Delhi: A parliamentary panel has slammed the Ministry of Overseas Indian Affairs (MOIA) for lacking authentic data on the exact size of the Indian diaspora, noting this was needed for “appropriate policy framing”.
The panel also called upon the ministry to take more initiatives to attract investments from non-resident Indians (NRIs).
The Standing Committee on External Affairs, which submitted its report…
New Delhi: Cricket icon Sachin Tendulkar will now play the new role of a parliamentarian with President Pratibha Patil Thursday approving his nomination to the Rajya Sabha, along with that of renowned actor Rekha and businesswoman Anu Aga.
“The president has approved the nomination of Sachin Tendulkar, Rekha and Anu Aga to the Rajya Sabha,” Rashtrapati Bhavan spokesperson Archana Datta said.
The…
Mumbai: Expressing his happiness over his name being cleared from the Bofors payoff scam, Bollywood mega-star Amitabh Bachchan, however, said that he is “pained” that it came 25 years later.
Speaking to reporters here, Bachchan welcomed the revelations made by the Swedish investigators in the Bofors case. He said he had “lived with humiliation and loss of reputation” all these years.
“I…
Chandigarh: With an aim to effectively deal with the problems related to the marriages involving non-resident Indians (NRIs), the Haryana government has decided to launch an awareness campaign in schools and colleges across the state.
“The Haryana government has decided to organise a series of seminars in schools and colleges so as to create an awakening among the youth about pros…
Bhubaneswar/New Delhi: Launching itself into an elite club of nations with the capability of hitting targets 5,000 km away, India Thursday successfully tested a long-range nuclear-capable ballistic missile that can reach Beijing and Shanghai in China, and all of Pakistan.
With its launch from Wheeler Island off the Odisha coast at 8.07 a.m., India also emerged as a major missile powerhouse…
Kolkata: An issue a day keeps boredom at bay – this could well be the guiding principle of West Bengal Chief Minister Mamata Banerjee these days. How else does one explain her government regularly dishing out controversies on a platter to her political opponents?
The baton charging of women protesting eviction from a slum by male police, the arrest of those…
New Delhi: Indian Prime Minister Manmohan Singh greeted the nation on the occasion of the traditional harvest festivals Baisakhi, Vishu and Bihu.
The Prime Minister said in his message that these traditional New Year festivals coinciding with the harvest were an occasion to rejoice over the fruits of the hard work of our farmers.
“They are not only an occasion to celebrate…
Ahmedabad/New Delhi: A special panel probing the 2002 Gujarat riots Tuesday gave a clean chit to Chief Minister Narendra Modi in the Gulberg massacre case, leading the Bharatiya Janata Party (BJP) to demand that the ‘vilification campaign’ against him should stop and the Congress retorting that there was proof enough of the killings during the riots.
Metropolitan Magistrate M.S. Bhatt, who…
New Delhi/Visakhapatnam: The stir caused by the media report Wednesday morning about an attempted ‘military coup’ in January turned into a whimper by the evening after Prime Minister Manmohan Singh called it ‘alarmist’ and Defence Minister A.K. Antony termed it ‘baseless’ and vouching for the army’s pro-democracy credentials.
The nation woke up Wednesday to an Indian Express front page report that…