| India rules out third party role in Indo-Pak ties | 19-NOV-09 |
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| Upset over the reference to the Indo-Pak ties in US-China statement, India today made it clear that it will not brook any third party role in bilateral matters even as the US sought to give a positive spin to it. |
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| Mumbai firefighters: Unsung heroes of 26/11 | 18-NOV-09 |
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| Bravehearts from Mumbai's fire brigade, who battled not only fire but gunfire too during the the 26/11 attacks to save hundreds of lives, are yet to receive their due. With just a few days left for the first anniversary of the terror assault, one of the most audacious in recent memory, these firemen are still to receive the gallantry award announced by the Municipal Corporation of Greater Mumbai (MCGM). |
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| Sach is life | 14-NOV-09 |
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| Twenty years ago, at sixth place in the batting order, the 16-year-old Sachin Ramesh Tendulkar walked across the National Stadium in Karachi and straight into every Indian’s heart and history. |
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| State zeroes in on land for IT | 12-NOV-09 |
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| The Karnataka government claims it has identified about 10,000 acres around the Bangalore international airport for setting up an Information Technology Investment Region (ITIR). The project will be developed as public-private partnership project with an estimated investment of Rs 100,000 crore, state IT & BT minister Katta Subramanya Naidu told reporters here after inaugurating the 12th edition of the country’s flagship ICT event BangaloreIT.biz. |
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| Heroes of the hinterland | 07-NOV-09 |
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| International sleeper hit Paranormal Activity isn’t the only one to be made with a handycam. In India, local hits are being churned out with minuscule budgets in towns with no history of cinema. |
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| Lurking dangers | 02-NOV-09 |
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| Even before the dust has settled from last week’s status quo monetary policy announcement, analysts are already recommending and predicting tightening actions by the Reserve Bank of India (RBI) as early as December. Whether circumstances will change so dramatically for the better over the next couple of months is a legitimate question, the answer to which will determine the appropriate timing of any monetary response. As of now, the nature of the response is being seen by many as a largely predictable one — beginning with an increase in the cash reserve ratio and moving fairly quickly on to increases in the benchmark repo and reverse repo rates. But, it is important to point out that these standard responses to steadily increasing inflationary pressures will have to be done in an already complicated environment. |
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| Capital inflows lessen external sector blues | 27-OCT-09 |
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| The second-quarter macroeconomic and monetary development report released by the Reserve Bank of India (RBI) said concerns on the external sector had receded with revival of capital inflows and a modest level of current account deficit. |
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| Growth forecast falls to 6% in RBI survey | 27-OCT-09 |
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| Professional forecasters have added to Reserve Bank of India (RBI) Governor Duvvurri Subbarao’s dilemma on timing the exit from an accommodative monetary policy stance. |
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| High inflation rates a cause for concern | 27-OCT-09 |
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| Although year-on-year inflation is still only 1.2 per cent, strong upward trends seen in the Wholesale Price Index (WPI) inflation and the persistence of high Consumer Price Index (CPI) inflation are a cause of concern, the Reserve Bank of India (RBI) said in its pre-monetary policy review today. |
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| Higher govt borrowings do not crowd out private credit | 27-OCT-09 |
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| With the government raising over 80 per cent of its planned borrowings in the first half of the financial year on the back of adequate liquidity in the system, the fear of private credit getting crowded out have subsided, according to the Reserve Bank of India (RBI). |
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| Powerless Rosaiah | 23-OCT-09 |
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| He may have finally won the battle for the chief minister’s job, but Andhra Pradesh Chief Minister K Rosaiah is still powerless, or at least he was for an embarrassing 20 minutes on Thursday, and that too in front of visiting US Ambassador Timothy J Roemer. According to a PTI report, Rosaiah, who also holds the energy portfolio in the state, reached the Samatha Block in the secretariat when there was a power breakdown. He was forced to wait in the lobby since the back up power didn’t work either. With the power supply not getting restored, Rosaiah had no option but to wait in the dingy media room and to sit on a rusty iron chair. Since Roemer had arrived by then, he too sat next to Rosaiah and both waited for another 20 minutes or so till the power came back on. |
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| To the wilderness born | 17-OCT-09 |
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| When he isn't saving endangered species from extinction, he's caring for people the way nature intended it. No wonder Time recognised Mike Pandey as one of its environmental heroes. |
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| US Ambassador optimistic on Brand Bengal | 15-OCT-09 |
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| Barely a year after Ratan Tata shifted his small car project to the other end of the country, the US ambassador to India, Timothy J Roemer, on Wednesday remained optimistic of further American investments flowing into the state. |
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