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Moneycontrol >> Messageboard >> General >> News Now
   You are here :     Moneycontrol     MMB   General   News Now

News Now

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05 Sep 2008 12:15

Gautam Adhikari, Editorial Advisor at The Times of India sees strong chances of early elections if the government can pull the nuclear deal off. Rajiv Sikri, Former Secretary of The Ministry of External Affairs feels the NSG or Nuclear Suppliers Group may go on with what the US wants and does not rule out some delay in the NSG decision....

05 Sep 2008 12:15

The deal is quite on the way to happen & i dont think there is any early election sort of things. Mwhaha people are stretching their imagination to the wildest. ;))...

In reply to:

What will the NSG outcome be? Experts speak

Posted by : MMB Messenger

Gautam Adhikari, Editorial Advisor at The Times of India sees strong chances of early elections if the government can pull the nuclear deal off. Rajiv Sikri, Former Secretary of The Ministry of External Affairs feels the NSG or Nuclear Suppliers Group may go on with what the US wants and does not rule out some delay in the NSG decision.

05 Sep 2008 12:00

Who the hell wants Nuke tests in Bioweapon era. Gone are the days of nukes. Dont circle around outdated things. It has only best use of Power generation. ...

In reply to:

NSG Day 1: No word on waiver, Friday holds key

Posted by : MMB Messenger

The Day One of the Nuclear Suppliers Group meeting in Vienna ended without any consensus on a waiver for India. External Affairs Minister Pranab Mukherjee said that no good news emerged out of the meeting but diplomats in Vienna were said to be hoping a breakthrough on Day Two on Friday.

05 Sep 2008 12:00

The Day One of the Nuclear Suppliers Group meeting in Vienna ended without any consensus on a waiver for India. External Affairs Minister Pranab Mukherjee said that no good news emerged out of the meeting but diplomats in Vienna were said to be hoping a breakthrough on Day Two on Friday.

...

05 Sep 2008 11:27
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Duvvuri Subbarao takes charge as 22nd governor of RBI today. He succeeds
Y.V. Reddy, who served as the head of RBI for five years from Sep 6, 2003.
In a ceremony at RBI\'s central office, in Mumbai, Subbarao will sign the scroll
having the oath of secrecy. Financial markets are anxiously awaiting his
comments on his immediate agenda amid concern he could continue the hawkish
stance on interest rates and liquidity to contain inflationary pressures.
Meanwhile, Reddy, who has strong academic inclinations, indicated that he will
go back to teaching in Hyderabad.

Subbarao to assume charge by signing scroll. 3PM.


...

05 Sep 2008 07:56

President George W Bush is poised to punish Moscow for its invasion of Georgia by cancelling a once-celebrated deal for civilian nuclear cooperation between the US and Russia.

With relations between the two nations in a nearly Cold War-like freeze over Russia\'s actions against its neighbour last month, planning is under way at the White House for the largely symbolic move by Bush, according to senior administration officials, who spoke on condition of anonymity because the decision was not yet final.

Action could come quickly, within days at the most, and officials see no need to wait until Vice President Dick Cheney returns next Wednesday from an overseas trip that includes stops in three former Soviet republics.

Withdrawing the agreement from Capitol Hill would have little actual impact, as the deal very likely would not gain approval during Bush\'s presidency.

But taking the overt and public step of pulling it would be intended to send a message to Russia and the world that its actions in Georgia last month are not acceptable and will not go unanswered. -TOI
...

05 Sep 2008 00:44

Snapping its four-day falling streak, the Indian rupee on Thursday gained eight paise at 44.35/36 against the US currency on dollar selling by banks amid sluggish equity markets.

In wide movements at the Interbank Foreign Exchange (Forex) market, the domestic unit fluctuated in a range of 44.55 to 44.20 during the day, after resuming steady at 44.43/44 a dollar.

The rupee had fallen by 69 paise, or 1.58 per cent, in the last four trading sessions.

Dealers said the rupee moved widely on alternate bouts of dollar buying and selling amid easing concerns over widening trade deficit as global crude oil prices stayed at around $110 a barrel.

They said foreign banks as well as the state-owned lender SBI sold dollars heavily aiding rupee to touch the intra-day high of 44.20 a dollar in afternoon trade.

The domestic currency, however, failed to hold this level as oil refiners bought dollars later in the day, they added.

In overseas market, the dollar slipped across the board ahead of a decisions on interest rate by the Bank of England and the European Central Bank.

( NDTVprofit dot com )
...

04 Sep 2008 18:12

Essar Steel has introduced a pioneering initiative to reward loyal customers who are regular visitors to Essar Steel Hypermarts, the company’s chain of steel retail outlets.
...

04 Sep 2008 13:53

Till jan09 there is no way out from Inflation it will now lil bit stable but will not go down...

04 Sep 2008 10:10
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Flood situation worsens in Assam, over 10 lakh people affected. After Bihar no Assam...

04 Sep 2008 00:05

Effect of NSG Nuclear Deal Failure on LT

Posted by : moon 1
Price when posted : BSE: Rs 2680.70 ( 4.63 % ), NSE: Rs. 2687.80 ( 4.74 % )
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WASHINGTON: The Bush administration has told the US Congress that Washington will terminate nuclear trade with India if New Delhi conducts a nuclear test, and the same assurance should be written into any Nuclear Suppliers Group (NSG) green signal to India, Washington's non-proliferation lobby asserted on Tuesday.

In yet another last ditch attempt to hold the Bush White House to specific commitments before Congress, and possibly torpedo the US-India Nuclear Agreement ahead of a crucial NSG meeting in Vienna on Tuesday, non-proliferation hardliners here released what they said was a 'secret' letter written by President Bush to a now deceased lawmaker in which the administration seemingly challenges New Delhi's claim that the agreement will not constrain India's right to conduct nuclear tests.

Instead, in the 26-page response to Congressional queries, the administration (and not President Bush specifically) has in effect assured the late Congressman Tom Lantos, who died of cancer in February this year, that any Indian test would compel the administration to act as per the provisions of the Hyde Act (named after the Lantos' colleague Henry Hyde, who also passed away in November last year) and cease nuclear cooperation with India.

Responding to 45 technical questions posed by members of House International Relations Committee, of which Lantos was the chairman, a senior administration official specifically addressed the contentious issue of fuel supply, which is India's bugaboo given past record of mistrust on this subject between the two countries. New Delhi has sought iron-clad guarantees that fuel supplies will not be interrupted in the event of an Indian nuclear test.

The letter says the United States would help India deal only with "disruptions in supply to India that may result through no fault of its own," such as a trade war or market disruptions. "The fuel supply assurances are not, however, meant to insulate India against the consequences of a nuclear explosive test or a violation of nonproliferation commitments," the letter said.
A minor detail that was misrepresented in the story by a runaway media is that the letter is not from President Bush, but from Jeffrey Bergner, Assistant Secretary, Legislative Affairs, in the State Department. But Congressional aides said the bureaucracy was conveying the views of the White House and the missive can be said to be from President Bush.

The letter was released by Congressman Howard Berman, who succeeded Lantos as Chairman, because "because he wants to ensure that his colleagues have all of the relevant information," Lynne Weil, the communications director of the committee told TOI.

According to the non-proliferation lobby, India has been claiming that the deal would not constrain the country's right to nuclear tests and would provide an uninterrupted supply of fuel to India's nuclear reactors. In August 2007, Prime Minister Manmohan Singh told Parliament," The agreement does not in any way affect India's right to undertake future nuclear tests, if it is necessary
...

02 Sep 2008 23:34

According to the recent directives, subscribers are entitled to get full talk time on recharges and will have to pay administrative fee not exceeding Rs 2 per recharge and other applicable taxes.

The new measures will be effective from September 15, and are applicable for both new as well as existing subscribers.

Customers will also be insulated from any increase in tariff for a period of 12 months from the existing six month regime, according to Trai.

The regulatory body has ordered that a minimum protection period available to a customer from hike in any segment of the tariff will be increased to one year.

To make access to various offers and tariff plans much easier to the consumer, the regulatory body has mandated that no precondition, like sending an SMS, be laid down by the operator of any explicit action by the subscriber to avail of any kind of tariff reductions

v.krishnamoorthy...

02 Sep 2008 22:40

Hi,
Do you know what's gonna happen? 'Hey, meet my family, I am 125yrs old. This is my grandson, the other one is my great grand son and the one in the pram is my great great grandson." How do you like that?
Let's hope all the races get the technology. And we also hope for no longterm side effects or any genetic mutations otherwise science fictions will prove right.
Cheers
Jeet...

In reply to:

Gene for Longevity Discovered!!

Posted by : radhika_nandlal

You dont have to go to an astrologer anymore. The scienetits have made it easier. The gene to longevity has been discovered.

The gene foxo3a has been identified as the key to longevity and if in this gene guanine is present instead of thymine in one chromosome the individual lives longer and has twice the chance of living upto 98 to 106 years of age and if he had guanine on both chromosomes he has thrice the chance of living up to that age. So shortly we will just have to get a gene test done and decide if we have to be responsible at an younger age or older age.. If we are going to live until 106 years why become responsible at 60? Have a blast until 80, there is always a time to sound serious and morose.. except of course an accident nothing can shorten the life span and chronic diseases will not affect these guys.

02 Sep 2008 22:36
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What is the problem,'Tata, Nano,or Singur'. This has bcome the burning topic for weeks & could go on for weeks.Why cant TATA'S PUT A stop to this whole drama. Tata's are giving a wrong impression that it is difficult to industilize in our country & even more difficult in Bengal & if they will threaten to move out , noboy else will enter. This is the 'notion'Tata's are playing on, instead of trying to solve the issue.The problem is not Singur, the Nano, but the TATA Themselves.
Tata's basically are a by-product of Nehruvian Socialism. In those days things were different in 'land aquisations' cases, & people would gladly forgo their land holdings for sake of ushering socialism as the country was seeped in emotions after indipendence. So Tatas faced no problem. They prospered , partly on emotions of the people & partly on the Largsee of the Govt, thro LIC & other govt agencies.
Now the things are very different from those time, Its a market economy, & Tatas are aware of it & shouting, touting ' market economy' in all speres of Business, but when it is Land aquization in Singur & mkt orientated compensation, they are running to Chief minister for ' khuch karro'.Why C.M, & Why not negotiate with the farmers directly on whose land you are building the 'Nano'.Why do you want 'NANO'at the cost of poor farmer.Land Aquization under sectin 5, for public welfare can be considered with proper compensation, but same for Private & profit purposes shall have to be'BOUGHT' from the seller directly.A wake up call 'TATA SAHIB'.
'Tata Nagars' not that easy to come now.A little xtra effort is reqd.... others are waiting in the Q. 'Tu nahin aur sahi'. Thank you for reading this boring message, but that's the fact....

02 Sep 2008 21:55

Tatas must be protected. (RAJNI LOTUS PATIALA)....

In reply to:

Tata Motors suspends work on Nano Plant in Singur

Posted by : MMB Messenger

Tata Motors Ltd. has been constrained to suspend the construction and commissioning work at the Nano Plant in Singur in view of continued confrontation and agitation at the site

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