Popular Articles

Kotak revises India's growth forecast upward to 7.5% for FY'10
Broking firm Kotak Institutional Equities today revised upwards the growth estimate of Indian economy at 7.5 per cent for the current fiscal on the back of increased economic activities and turnaround in industrial production growth.

Sunil Jain: Problem post
Are Indians likely to mail five times as many letters this year as they were expected to last year? That"s the question that comes to mind when you see the rise in the deficit for the postal department. From a revenue deficit of Rs 958 crore in the budget estimates for 2008-09, this rose to a whopping Rs 3,825 crore in the revised estimates for the year and an estimated Rs 5,395 crore in 2009-10 budget. It turns out nothing of the sort is happening. The postal department’s receipts fell from a budgeted Rs 6,159 crore in 2008-09 to Rs 5,966 crore in the revised estimates, but this is budgeted to rise again, to Rs 6,136 crore in 2009-10.

News of the day

Glenmark recovers partial losses
The stock recovered some of its losses to finally end at Rs 258, down over 2% from the previous close. Around 691,753 shares were traded on the BSE as compared to the two-week daily average traded volumes of 698,158 shares on the BSE.
Management

Mamata asks for central crackdown in West Bengal

Hours before Maoist-backed activists held the Bhubaneswar-originating Rajdhani Express hostage inside West Bengal near the Jharkhand border, an angry Mamata Banerjee today demanded the anti-Maoist operations in her state should be stopped. And that the Union government prepare the ground for imposing President’s Rule. - Activists hold Rajdhani hostage - Letters: Time to act">Letters: Time to act - Maoists get arms from abroad: Chidambaram - Congress may retain CMs in three states - Naxalites release abducted police officer - Fake currency business not a cottage industry, says HM After a meeting with her cabinet colleague, Union Home Minister P Chidambaram, she said: “The joint operations by the central and the state forces are a mockery of democracy. It is a total failure. While the operation is going on, a police officer got abducted. Now in the name of the joint operation, gun-toting CPI(M) goons are reclaiming their party offices.” Banerjee, the railway minister, also advocated deploying the army in the offensive against the Naxals, even as Prime Minister Manmohan Singh has ruled out use of armed forces in anti-Naxal operations. Banerjee wants Chidambaram to deploy armed forces to look out for illegal arms and use of the state police’s weapons by the CPI(M). She also reiterated her old demand that the Centre should first advise the Buddhadeb Bhattacharjee government in Bengal through Article 355 of the Constitution (which empowers the Centre, in certain circumstances, to issue directives to states), “and if they don’t behave, the Centre should dismiss the government and impose President’s Rule.” Banerjee, accompanied by her party junior and leader of the opposition in the state assembly, Partha Chatterjee, today took the wives of two abducted police constables to the home minister. She also presented some video CDs to show the alleged atrocities of the CPI(M) in West Bengal. Chatterjee alleged, “in the CDs we have shown how CPI(M) leaders are asking their cadres to kill Trinamool supporters.” Banerjee’s meeting with Chidambaram comes after two recent meetings of the Union home minister with Bhattacharjee. The latter had said he “was happy” with the Centre’s attitude and claimed his demand for continuing the joint operations had been accepted. Banerjee didn’t express her feelings about the outcome of today’s meeting to the media. “I can’t divulge everything. There are some secrecy involved in these meetings,” she said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):