Sunday, May 17, 2009

Free hand for the SOVEREIGN Market, Mass DESTRUCTION Agencies!

Free hand for the SOVEREIGN Market, Mass DESTRUCTION Agencies!

Troubled Galaxy Destroyed Dreams: Chapter 233

Palash Biswas
 

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A thoughtful verdict for stability

Rediff - ‎May 16, 2009‎
... coalition politics in the country, the Indian people have given a clear-cut thoughtful verdict by voting for stability, predictability and moderation. ...

Indian-Americans elated at LS election results

Times of India - ‎22 hours ago‎
Indian Americans who had played a significant role in the passage of the Indo-US civilian nuclear deal, said the people of India have given their verdict ...
THE SINGH FACTOR Calcutta Telegraph

Indian Overseas Congress holds victory rally in London

Times of India - ‎May 16, 2009‎
Kapoor said that despite "international economic down-turn, they (people) voted for a clear verdict for the UPA to lead India to its deserving and bright ...

Verdict 2009: Demise of divisive politics

Economic Times - ‎8 hours ago‎
... general elections, there is a series of significant aspects that will most probably reshape the understanding of Indian politics in the years to come. ...
The Verdict Financial Express

Markets await bull run tomorrow with UPA on board without Left

Press Trust of India - ‎7 hours ago‎
"The verdict of the people is clear ... The Left is left out. The UPA has a clearer mandate than they had during the last polls," Kejriwal Research and ...

Sensex rallies 300 points ahead of polls verdict

Economic Times - ‎May 15, 2009‎
Indian markets have shown resilience ever since psephologists predicted that the third front may not be able to form a government at the centre. ...

Nepal remains gripped by Indian polls

Times of India - ‎May 16, 2009‎
"However, the verdict given by the Indian electorate would have to be accepted by all. We hope our friendly relations would grow." The UML's bid to head the ...
The Army in Nepali politics The Island (subscription)

A verdict against extremism

Livemint - ‎20 hours ago‎
A vote against sensationalism and a vote for quiet but determined pursuit of goals that improve the living conditions of the people. This is the verdict of ...

'Verdict will add momentum to the India appeal'

Daily News & Analysis - ‎17 hours ago‎
My sense is that, coupled with a lot of these positives that the elections have thrown up, it's perhaps the best verdict Indian votes have delivered in ...

 

Left lurches, Cong sweeps Bengal and Kerala

IBNLive.com - ‎6 hours ago‎
LEFT BADLY BEATEN: CPI-M saw the worst defeat in West Bengal in the last four decades. ibnlive.com is on mobile now. Read news, watch videos be a Citizen ...
How Karat nuked his party Hindustan Times

A storm of change in West Bengal: Mamata

Hindu - ‎16 hours ago‎
KOLKATA: "A storm of change has taken over West Bengal. A new history has been written today. This is a 100 per cent performance," Trinamool Congress chief ...

Pranab calls for restraint in West Bengal

Hindu - ‎38 minutes ago‎
Kolkata (PTI) With stray incidents of post poll clashes reported from Birbhum, Murshidabad and East Midnapore districts in West Bengal, WBPCC chief Pranab ...

West Bengal fears post-poll clashes

Hindu - ‎19 hours ago‎
KOLKATA: Fearing a spate of post-poll clashes, the West Bengal government has urged the Centre to allow it to retain till May 20 eight companies of the ...

The East's beautiful sunrise

Indian Express - ‎18 hours ago‎
Barring a few seats elsewhere (including Tripura), the Left holds but Kerala and West Bengal — and it has been decimated in both states. ...

Nayachar hub deal enters final lap

Calcutta Telegraph - ‎May 15, 2009‎
Calcutta, May 15: The Bengal government will soon sign a memorandum of agreement with the Centre for the proposed chemical hub at Nayachar-Haldia. ...

West Bengal votes amid sporadic clashes

Hindu - ‎May 13, 2009‎
Kolkata (IANS) Sporadic political clashes left two persons injured in the final phase of Lok Sabha elections in West Bengal on Wednesday even as people ...

Maa, Mati, Manush ~ a Bengal chronicle

The Statesman - ‎18 hours ago‎
KOLKATA, 16 MAY: Trinamul Congress chief, Miss Mamata Banerjee has often been ridiculed for her lack of sophistication by the urban chatterati. ...

Santosh Trophy Team Profile: West Bengal

Goal.com - ‎May 15, 2009‎
Goal.com's Subhankar Mondal explores the West Bengal football team as they prepare for the upcoming Santosh Trophy..... West Bengal have got a bye to the ...

Defeat unexpected: Left Front

Hindu - ‎19 hours ago‎
"It did not work in West Bengal in 1971 but this time it worked. The issue of a stable government might have worked in getting votes," Mr. Bose said. ...
  1. Sri Lanka News: India respects Sovereign Nations- ruling congress ...

    News update about: India respects Sovereign Nations- ruling congress informs TN. ... Chennai begger :) orphan refuge now is the right time to market your ...
    www.lankanewspapers.com/news/2008/10/33650_12.html - 37k - Cached - Similar pages -
  2. Sri Lanka News: India respects Sovereign Nations- ruling congress ...

    News update about: India respects Sovereign Nations- ruling congress informs TN. ... alternative market opportunities in Latin America and the Middle East. ...
    www.lankanewspapers.com/news/2008/10/33650_30.html - 37k - Cached - Similar pages -
  3. Sovereign wealth funds in spotlight - Corporate News - livemint.com

    9 Jan 2008 ... South Asia, which includes India and Pakistan, accounted for 4% but ... ball rolling as the earliest sovereign fund to enter this market, ...
    www.livemint.com/articles/2008/01/08000026/Sovereign-wealth-funds-in-spot.html - 69k - Cached - Similar pages -
  4. India Stock Market: Sensex Up 300.51 Points On Friday | Daily Markets

    A new exit poll indicated the ruling Congress-led United Progressive Alliance ... Singapore's Sovereign Fund Temasek Loses $4.6 Billion In Bank Of America ...
    www.dailymarkets.com/stocks/2009/05/15/india-stock-market-sensex-up-30051-points-on-friday/ - Similar pages -
  5. Global Issues: <strong>Sovereign wealth funds - A challenge to the ...

    29 Jun 2008 ... Free market ideologues have a new obsession - 'sovereign wealth funds,' ... of free markets - The East India company is the best example. ...
    adnan-globalissues.blogspot.com/2008/06/sovereign-wealth-funds-challenge-to.html - 80k - Cached - Similar pages -
  6. India, France, Japan May Join Sovereign-Wealth Arms Race - Deal ...

    India, France, Japan May Join Sovereign-Wealth Arms Race ... Today, AFP reports that Japan's ruling Liberal Democratic Party will set up a task force this week ... Mean Street: How to Time the Stock Market (Don't Do It) ...
    blogs.wsj.com/deals/2008/02/19/india-france-japan-may-join-sovereign-wealth-arms-race/ - 70k - Cached - Similar pages -
  7. sovereign governments News

    India, Sri Lanka trying to solve issue of trespassing fishermen ... to the housing and export sectors adversely affected by the recent financial market . ...
    www.thaindian.com/newsportal/tag/sovereign-governments - 46k - Cached - Similar pages -
  8. 'Sovereign wealth fund maybe good for US, but not India'

    'Sovereign wealth fund maybe good for US, but not India'. Press Trust Of India / New Delhi May 05, 2009, 0:48 IST ... FIIs' holding in free-float market cap drops to 36.4% .... Wheat prices ruling 20% below MSP in UP ...
    www.business-standard.com/common/news_article.php?tab=r&autono=357101&subLeft=1&leftnm=0 - 116k - Cached - Similar pages -
  9. FOREIGN EXCHANGE.; Market Inert, Sterling and Continentals Ruling ...

    STERLING-Par a4.8851 per sovereign. Demand. ... INDIA-Calcutta: Cents per rupee, nominally at one-tenth of a pound sterling. Demand. . . . 28. ...
    query.nytimes.com/gst/abstract.html?res=F30D1FF6355413738DDDAA0A94DF405B828EF1D3 - Similar pages -
  10. TEXT-Fitch: India sovereign rating hinges on fiscal policy | Reuters

    14 May 2009 ... ANALYST VIEW - Exit polls say ruling coalition ahead ... news alerts, personal finance, stock market, and mutual funds information available ...
    in.reuters.com/articlePrint?articleId=INWLA419820090514 - 60k - Cached - Similar pages -

    Search Results

    1. [PDF]

      ECONOMIC REFORMS AND FINANCING HIGHER EDUCATION IN INDIA P. Geetha ...

      File Format: PDF/Adobe Acrobat - View as HTML
      in India, see Rani, 2002). Faced with economic reforms and budget cuts in the education system, ..... Hence, they also have a free hand to introduce ...
      www.ijeb.com/Issues/data/June04_6_erafheii.pdf - Similar pages -
      by PG Rani - 2004 - Cited by 2 - Related articles
    2. A tiger stirs. (economic reform in India) (Editorial) - The ...

      (economic reform in India) (Editorial) - India's government has boldly extended its earlier economic reforms T ... Read all of this article with a FREE trial to HighBeam Research ... On the other hand, government can ... The Middle East ...
      www.encyclopedia.com/doc/1G1-13534491.html - 51k - Cached - Similar pages -
    3. Economic reforms in India: need, effects and suggestions - Google Books Result

      by Shailesh Choubey, N G Pendse, Narendra Shukla - 2005 - Business & Economics - 299 pages
      In the name of economic reforms if we give a free hand to private institutions in the name of quality education and advanced medical facilities it augers ...
      books.google.co.in/books?isbn=8176255777... -
    4. The real debate over economic reforms in India at Sanhati

      5 Apr 2007 ... Therefore, while I am aware of the perils of free markets, ..... So, let me consider that the economic "reforms" in India leads to the process of .... But he feels the urge to try his own hand at it, and teaches a course ...
      sanhati.com/excerpted/136/ - 98k - Cached - Similar pages -
    5. Economic Reforms and Industrial Relations System in India: Some ...

      Economic. Reforms and. Industrial. Relations. System in India ..... economic environment. The state should be given free hand to fashion its development. ...
      www.jstor.org/stable/4406856 - Similar pages -
      by KRS Sundar - 1998 - Related articles
    6. Amazon.com: Eight Lectures on India's Economic Reforms (Oxford ...

      Amazon.com: Eight Lectures on India's Economic Reforms (Oxford India ... books under $10 and get the lowest-price book free in our 4-for-3 Books Store. ... A reciprocating saw is the best hand tool there is for tearing things down or ...
      www.amazon.com/Lectures-Indias-Economic-Reforms-Paperbacks/dp/0195652827 - 190k - Cached - Similar pages -
    7. Economic Crisis In India Free Essays 1 - 30

      India Economic Reform: FISCAL POLICY 1991 Economic Reform The root ... other hand, Professor Herman Daly suggests that it is not actually an economic crisis ...
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    8. Political Economy of India's Economic Reforms

      merits of `free market'. The swift and speedy adoption of new policies paid dividends. It ...... not lead to concentration of economic power in few hands. ..... The impact of the new economic policy reforms in India has been most ...
      isidev.nic.in/pdf/norway.pdf - Similar pages -
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    9. The Hindu : Kerala / Kollam News : Minister cautions against ...

      KOLLAM: Economic reforms in the name of globalisation are systematically demolishing ... in India, Minister for Water Resources N.K. Premachandran has said. ... casualty if such economic changes were given a free hand in the country. ...
      www.thehindu.com/2008/10/03/stories/2008100352190300.htm - Similar pages -
    10. Standard of living in India - Wikipedia, the free encyclopedia

      On the other hand, the Planning Commission of India uses its own criteria and ... The question of whether economic reforms have reduced poverty or not has ...
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      US, NRIs relieved at return of stability in India
      16 May 2009, 2112 hrs IST, Chidanand Rajghatta, TNN
       
      : A sense of relief underscored by admiration at the marvel of Indian democracy at work coursed through U.S' subcontinent watchers and
      many NRIs as Indian voters defied dark forebodings of instability and voted for a strong, stable government.

      Given the immense turmoil in all the countries surrounding India, news that voters acted with clarity and chose to strengthen the coalition in New Delhi rather than fracture it further was received with quiet satisfaction in various circles here.

      The Obama White House congratulated Indian voters and welcomed the dynamic process that has earned the world's admiration. ''By successfully completing the largest exercise of popular voting in the world, the elections have strengthened India's vibrant democracy and upheld the values of freedom and pluralism that make India an example for us all,'' Obama's spokesman Robert Gibbs said in a statement.

      ''President Obama looks forward to continuing to work with the Indian government to enhance the warm partnership between our two countries,'' the statement said.

      In particular, apprehensions that the US-India nuclear deal may be re-opened or derailed or scrapped had the Left parties gained ascendancy has been laid to rest. In a small way, the result is also a vindication of the UPA government's decision to press ahead with the deal in the face of opposition from the Left and the BJP.

      The NRI community, which had lobbied hard for the deal cutting across party loyalties, was particularly relieved at the results, especially the emergence of a strong center and the rewarding of a man universally hailed as a decent and principled head of government with a second term. ''The people of India could not have made a better choice than to strengthen the hands of Prime Minister Manmohan Singh during these uncertain and difficult economic times,'' said Ashok Mago, Chairman of the USIndia Forum.

      Across the country, overseas Indians with strong interest and stake in India gathered for all-night parties to watch the live telecast of the counting and results. There were small celebrations as the results became evident a little past midnight on the US East Coast.

      At the suburban home of Ben Chikaswamy, a Washington area contractor, a dozen Indians, mostly from Karnataka, watched the election telecasts over a late night dinner, eagerly following the fortunes of two NRIs, Janardhan Swamy, the BJP candidate from Chitradurga who till recently was an engineer with Sun Microsystems in California (he won), and Krishna Byre Gowda, a former Maryland resident who was the Congress candidate from Bangalore South (he lost).

      At the diplomatic level, the return of the UPA Government means Washington is already up to speed with New Delhi's measured response to the crisis in Pakistan, Sri Lanka and Nepal, all of which has involved close US-India cooperation, instead of having to understand it engage anew had a new dispensation come to power in India.

      At a personnel level, although her position was never in any real danger, the return of the UPA means the certain continuation in Washington of Mrs Meera Shankar, who was posted here as the new ambassador only last month by the Singh government. The Obama administration can also press ahead with the posting of a new ambassador to New Delhi which has been on hold for some weeks now. On Saturday, the administration announced that the Governor of Utah, John Huntsman would be going to Beijing as its new envoy.
       
      Indian MPs' assets top Rs 3,000 crore
      17 May 2009, 1814 hrs IST, PTI
       
       
      NEW DELHI: India is home to the largest number of poor in the world, but 543 MPs who have been elected to the Lok Sabha have a combined asset of Rs
      3,075 crore.


      In a nation where over 28 crore people live below poverty line, the average asset of the MPs elected to the Lower House of Parliament works out to be over Rs five crore. According to UN estimates, 80 per cent of Indians live on less than two dollars (Rs 100) a day.

      Interestingly, the total asset size of the new MPs makes their congregation more valuable than a vast majority of the public companies in the country. There are close to 4,700 listed companies in India, out of which just about 150 companies have a market valuation of more than Rs 3,000 crore.

      According to the information furnished by the Election Commission, there are MPs who have zero asset to those who boast of property and cash of over Rs 100 crore each.

      There are an estimated 300 MPs with assets worth Rs one crore or more in the new Lok Sabha, which is nearly double from 154 in the 14th Lok Sabha.

      TDP's Namma Nageswara Rao, who has won the election from Khammam in Andhra Pradesh, leads the tally of MPs with assets worth about Rs 174 crore, followed by Congress leader and industrialist Naveen Jindal (s 131.07 crore). Jindal has won the election from Kurukshetra in Haryana for the second time.

      A total of four MPs have assets worth more than Rs 100 crore and include Congress' L Rajagopal in Andhra Pradesh and NCP's Padamsinha Bajirao Patil from Maharashtra.

      These are followed by NCP's Praful Patel (Rs 89.9 crore), Congress' G Vivekanand (Rs 72.9 crore), Congress' Y S Jaganmohan Reddy (Rs 72.8 crore), Congress' Rajkumar Ratna Singh (Rs 67.8 crore), Akali Dal's Harsimrat Kaur (Rs 60.3 crore) and NCP's Supriya Sule (Rs 50.4 crore).

      Besides, there are BSP's Surendra Singh Nagar (Rs 49.2 crore), BJP's Shivakumar Udasi (Rs 48.2 crore), Congress' Preneet Kaur (Rs 42.3 crore), Congress' Annu Tandon (Rs 42.1 crore), Congress' Rajamohan Reddy (Rs 36.3 crore), Congress' Priya Dutt (Rs 34.9 crore) and Congress' Kapil Sibal (Rs 31.9 crore).

      In terms of parties, Congress has as many as 138 crorepati MPs, followed by BJP's 58, SP's 14 and BSP's 13. Besides, there are 11 from DMK, nine from Shiv Sena, eight from JD(U), seven from NCP and six each from BJD and AITC.
      PTI
       

      Mayawati has miles to go before she reaches Delhi

      Times of India - ‎16 hours ago‎
      Mayawati has been on a winning spree ever since the BSP began to do well in the early 90s, improving its position in every assembly and Lok Sabha election. ...

      Mayawati comes out fuming, blames it on Muslims

      Times of India - ‎16 hours ago‎
      LUCKNOW: Disappointed by the Lok Sabha poll results, BSP supremo and chief minister Mayawati on Saturday appeared before the media after a brief hibernation ...

      Case of delivery failure

      Hindustan Times - ‎14 hours ago‎
      In the case of Mayawati, there is little doubt that the biggest mistake she had made was to assume that the electoral template of the current Lok Sabha ...
      Ally hunt continues The Statesman

      No sacking Mayawati govt: Congress

      Economic Times - ‎May 13, 2009‎
      NEW DELHI: Congress on Wednesday ruled out dismissing the Mayawati government in Uttar Pradesh. SP chief had set the dismissal of the UP government as the ...

      'PM Mayawati' doesn't find favour with India Inc

      Economic Times - ‎May 15, 2009‎
      MUMBAI: With a few hours left for India to get a new set of rulers, India Inc has one fervent wish: That Mayawati should not be in the driver's seat. ...

      BJP may choose south over Mayawati

      Hindustan Times - ‎May 15, 2009‎
      The option of approaching Mayawati did not find favour with many senior leaders weighing pros and cons of taking help from a 'recalcitrant' leader who could ...

      Mayawati govt drops NSA detention order against Varun Gandhi

      Press Trust of India - ‎May 14, 2009‎
      Lucknow/New Delhi, May 14 (PTI) An embarassed Mayawati government today revoked its detention order under NSA against Varun Gandhi for his alleged hate ...

      Mayawati Mystique Rejected by Voters

      Wall Street Journal - ‎May 16, 2009‎
      By JACKIE RANGE NEW DELHI -- India's electorate gave Kumari Mayawati, one of India's most influential politicians, two big thumbs down Saturday, ...
      Poor cleave to cult of Mayawati Mail & Guardian Online

      CNN-IBN projection: DMK keeps TN, Mayawati UP

      IBNLive.com - ‎May 15, 2009‎
      IT PAYS: CNN-IBN projections give the ruling party in Tamil Nadu a clear win in Lok Sabha polls. New Delhi: The United Progressive Alliance (UPA) is gaining ...

      Joshi thanks voters of UP

      Times of India - ‎17 hours ago‎
      Lashing out at the anti-people policies of the Mayawati-led BSP government in the state, Joshi said that the countdown of the Mayawati-led BSP government ...
       

      How Karat nuked his party

      Hindustan Times - ‎19 hours ago‎
      For, as 61-year-old Prakash Karat has failed miserably in his first major political test, he will have to do a lot of explaining on the fall of the Left's ...

      Changing tones: Karat comes full circle on Congress

      Hindustan Times - ‎May 14, 2009‎
      CPM general secretary Prakash Karat (56) told Hindustan Times on Thursday that the Left would not "help the Congress" but said nothing to suggest it would ...

      It's affirmation of a functioning democracy

      Chandigarh Tribune - ‎17 hours ago‎
      Despite eight decades of existence and an impressive record of historic blunders, Mr Prakash Karat and his comrades, who perhaps will stay with him because ...
      Stability + cohesiveness = ? Business Standard
      HAND OF INDIA Calcutta Telegraph

      Reality bites Prakash Karat

      Express Buzz - ‎May 10, 2009‎
      Prakash Karat's comment that he will reassess his party's options after the results are declared means that he has understood the limitations of excessive ...

      Case of delivery failure

      Hindustan Times - ‎14 hours ago‎
      Marxist leader Prakash Karat's dream of a Third front alternative to the Congress and the BJP has disappeared in smoke with the poor performance in the Lok ...
      Ally hunt continues The Statesman

      Introspection needed as Left suffers worst setback in 20 years

      Livemint - ‎20 hours ago‎
      New Delhi: Prakash Karat, general secretary of the Communist Party of India (Marxist), or CPM, had repeatedly said in the run-up to the 2009 polls that the ...

      BJP: Left tilting towards Congress

      Hindu - ‎May 15, 2009‎
      Mr. Kohli claimed that CPI(M) general secretary Prakash Karat had indicated that the Left will support the Congress-led government at the Centre to stop the ...

      His Masters Voice

      Frontier India Defence and Strategic News - ‎10 hours ago‎
      Though LK Advani is not a Prime Ministerial material but Prakash karat of the CPI (M) is a nightmare come true for India. You can see how people have ...

      Follower or leader?

      Hindustan Times - ‎13 hours ago‎
      Neither LK Advani nor Prakash Karat would disagree. Both his charm and his moral integrity were unquestionable. The paradox is he presided over a cabinet ...
       

      Rahul and Montek on PM's mind

      Calcutta Telegraph - ‎17 hours ago‎
      But Manmohan's camp sounded confident that given a free hand, Montek would move to finance. Congress leaders said if Montek's candidature hit a roadblock, ...

      MJ Akbar BJP, Left face existential dilemma

      Times of India - ‎19 hours ago‎
      Every political party is soon going to hand out free television sets to voters. The Berlin Wall has been breached in Kolkata. Is it only a matter of time ...

      Nilekani welcomes 'decisive' verdict

      Hindu Business Line - ‎May 16, 2009‎
      The Prime Minister, Mr Manmohan Singh, in his first term, may have been cowed down by the Left presence but in his second term he would have a free hand, ...

      India Elections 09: India votes decisively, decides to strengthen ...

      Global Voices Online - ‎May 16, 2009‎
      Congress led UPA wins safe, free elections in largest free democracy. Thank you, all #India #Indiavotes09 @dina - this mandate seems to be for good ...

      What now, Dr Singh?

      Livemint - ‎22 hours ago‎
      Second term:This time, Singh may have a 'better hand to deal with the economy'. Shahbaz Khan / PTI Better still, it finds itself free of the restrictive ...

      'Did the cat get MK's tongue before Sonia?'

      Express Buzz - ‎May 11, 2009‎
      Criticising PM Manmohan Singh, she said he had allowed everyone to insult him and therefore should be removed to bring back respectability to the post. ...

      Tamil protest clashes briefly with police

      National Post - ‎9 hours ago‎
      By tomorrow Sri Lanka will be free from these barbarian tamil terrorists, so called leaders of this group is now shaking like hell and pee in their pants ...

      Manmohan doesn't deserve to be PM again

      Daily News & Analysis - ‎May 4, 2009‎
      Singh was arguably India's best FM because his boss, PV Narasimha Rao, protected him and gave him a free hand. The result was a changed India and a deified ...

      INVISIBLE HANDS

      Calcutta Telegraph - ‎Apr 25, 2009‎
      Individual candidates in Bengal, Kerala and Tripura, of course, have a free hand to attack the communists in their own campaigns. The thrill of the chase, ...

      Fragile Nepal: The battle ground for the war India vs. China

      AsiaNews.it - ‎May 16, 2009‎
      The case of the Pashupatinath temple in Kathmandu is another example of how Nepal is trying to free itself from the Indian patronage. ...
       
      UPA's return to give push to financial sector reforms! The HINDUTVA UNITED ROCK Solid for NUCLEAR SUPER POWER HINDU INDIA!
       
      Financial sector reforms put on the backburner due to persistent opposition from the Left parties are likely to get a push in the coming
      days with the Congress-led UPA winning decisive mandate.
      "Reforms would certainly get a push," PFRDA Chairman D Swarup said.

      Pension, insurance and banking sector reforms are there before the government, he said, adding, it is up to the government to decide whether to take on reforms together or pursue them one by one.

      According to HDFC Chairman Deepak Parekh, "less dependence on allies will help to form a stable government...the continuity of UPA-government is expected to push economic reforms."

      The government needs to opt for disinvestment in those PSU companies where its holding is above 51 per cent as there is huge fiscal deficits, Parekh said.

      He added that the government should disinvest its equity in PSU entities and generate revenue, rather than going in for steep tax hikes.

      UTI AMC Chairman and Managing Director U K Sinha said, "I think it is a clear verdict for reforms."

      Financial sector reforms as well as disinvestment should take place, Sinha said, adding, it will be good for the sector and economy as a whole.

      Sinha said the coming Budget would highlight something to that effect.

      The new government, which would take oath this week, may re-introduce Forward Contracts (Regulation) Amendment Bill that would enable banks and mutual funds to invest in commodity markets.

      Indian Banks' Association Chief Executive K Ramakrishnan said the continuity of a stable government is good for the banking sector.

      Noting that the steps taken by the government to guard the economy in the face of the global financial meltdown have yielded results, he said the new government is expected to push reforms.

      "Various measures taken by the government to add stimulus to a sagging economy have yielded results. I expect further push in reforms in economy and in the banking sector," Ramakrishnan said.

      Even the insurance sector ecstatic as they feels that the new government could bring in legislation for raising FDI cap in the sector to 49 per cent, which is pending before Parliament.

      "We would expect the new government at the Centre to continue with the financial reforms to further liberalise the insurance sector," said MetLife India Insurance Managing Director Rajesh Relan.
      Congress core group meets in New Delhi to discuss government formation as Maoists hold massive rally against 'foreign intervention' in Kathmandu. Indian Communists or Maoists have neither the Political Will Power and Integrity nor the Strength to follow suit as beyond Political borders, Indian subcontinent as a Unified Geopolitics is ruled by Zionist World Illuminati Tri Iblis Order of Manusmriti, Apartheid and Genocide! On the other hand, a day after the BJP's stunning defeat in Lok Sabha elections, senior RSS leaders on Sunday met LK Advani to deliberate on the poll outcome but made no effort to persuade him not to give up the post of Leader of Opposition. With his Rashtriya Janata Dal (RJD) reduced to just four Lok Sabha seats, party chief Lalu Prasad said on Sunday he would "always" support the UPA, whether or not he is part of the new government.
       
      Intense fighting has been reported in Pakistan's Swat valley as government troops moved in to two towns near Mingora, the main town in the area, security officials have said.

      Maoists in Nepal not only caused the DEMISE of the Monarchy, but they also broke the High Caste hegemony affiliated to the Brahamins of this sub Continent!

      Just take the case of UTTARAKHAND, where NDA rules. In Loksabha Elections NDA is wiped out and Congress sweeps. Our DSB friend, then a Maoist Ideologue, Pradip Tamta has won from the Almora SC seat. He landed in Congress via BSP immersing his college Time Ideology and commitment.

      Just Remember how UTTARAKHAND separate state was CONSTITUTED by BJP led NDA with Jharkhand and CHHATTISHGARGH. I have earlier written about the HINDUISATION of nationalities and Identities. Latest case being Gorkhaland, where from BJP Stalwart JASWANT Singh of kandhar fame won the DARJILING Loksabha seat with highest margin in West Bengal.

      Uttarakhand is also HINDUISED as CHHATTISHGARH and Jharkhand had been!

      Uttarakhand was made separate sate in a FOLLOW UP to Anti Reservation movement as Majority of Uttarakhandi Hill Population is High caste  and Uttarakhandi identity is Hinduised to dilute their Under Class Unified Himalayan nationality.

      Uttarakhandi Caste Hindus mobilised and Swinged in favour of CONGRESS just to stop Mayawati becoming Prime Minister. CPIM Projection of prime Minister mayawati and Third Front Hype created Deliberately by Front line MEDIA so effectively, polarised the Caste Hindu VOTES swinging in favour of Congress as the Brahmins led by Baba Ramdev, RSS, Shankaracharya and a section of BJP leaders led by Brahmin Sushsma Swaraj rejected LK Adwani as PRIME MINISTER face! NDA  was in no position to stop Mayawati. Hence, Caste Hindus POLARISED against Mayawati all over the country including South and North, East and West!

      CORPORATES, Foreign agencies and Toilet Media with caste Hindu Intelligentsia and Civil societies Manipulated the MANDATE  creating false Spirit to sustain the manusmrity RULE and BONDAGE of the Enslaved majority. Fascism and imperialism aligned to have a SOVEREIGN Market!

      Thus, the SOVEREIGN Market, supported by the PERIPHERY GOVERNMENT led by WASHINGTON Slaves, now have FREE HANDS at last while the PRIVILEGED Marxist have been made IRRELEVANT as Mayawati and the Regional parties and nationalities remain!
       
      The Congress core group met on Sunday to discuss the political situation and issues related to government formation following the impressive performance of the United Progressive Alliance (UPA) in the Lok Sabha elections.

      The strategic meeting, held at Seven Race Course Road, was attended by Prime Minister Manmohan Singh, Congress President Sonia Gandhi, her political secretary Ahmed Patel and Defence Minister A K Antony amongst others, party sources said.

      It was the first high-level meeting in which the top Congress leadership discussed whether to take on board independents or parties of the Fourth Front like Samajwadi Party and Rashtriya Janata Dal to form the government.

      The UPA is short of a dozen seats to reach the majority mark of 272 in Parliament.

      Another meeting of the Congress Working Committee(CWC) is scheduled to take stock of the situation following the poll results.

      The sources said that after the CWC meeting, Congress leadership would hold discussions with the allies to finalise the details of government formation.

      Front line Media has GLAMORISED and GLORIFIED this VERDICT for Economic reforms and nation INDIA! I would quote some of them!

      We all know PRABHASH Joshi, the ICONISED BRANDED Brahmin Gandhian journalist who is CREDITED to appoint and Promote all the BRAMINS IN EDITORIAL Job during his TENURE of EDITOR as well as RECRUITER!

      Now Mr Joshi is Exposing the MEDIA Naked. Last week he wrote on PACKAGE, DEAL and RECHARGE for ELECTION coverage in his regular Sunday column in Jansatta. This week he has followed up with DETAILS how the MEDIA played VITAL Role to Manipulate the Peoples verdict in a MAJORITARIAN Electoral System, the by product of POONA PACT which made the ULTIMATE SPACE for the BRAHAMIN BANIA CORPORATE MNC BUILDER PROMOTER RAJ! MK Gandhi was the ARCHITECT of BRAHMIN BANIA raj discarding the Rajputs who still hold the Money and Muscle Power as well as they hold the GREATEST Chunk of land in this country.

      We understand that the GANDHIANS have to say nothing against GANDHI and his BRAIN CHILD the BRAHMIN BANIA Raj or Manusmriti Hegemony.

      But we must thank Mr JOSHI who exposes the SACRED COW, Indian media naked!

      CPIM is in CRISIS. Bengal UNIT led by BUDDHADEB Bhattacharya and somnath chatterjee want his head as he is the Man who DECOUPLED the party with CONGRESS and the ROLE of MARXISTS and the LEFT since 1969 ENDED abruptly. Dange finished CPI aligning with INDIRA Gandhi. Jyoti Basu and Surjeet did the same thing in 1977 which continues until the famous withdrawal of support from the UPA. Polarisation of Hindutva in favour of CONGRESS made the Marxists IRRELEVANT in India POWER Politics and this INCIDENT made the MARKET SOVEREIGN with FREE HAND!

      So Habitual COPULATION with Ruling Manusmriti Hegemony, Indian Marxists have forgot the language of Resistance and Mass MOVEMENT. trade UNIONS have been DISCREDITED as being the MAIN tool of SUBORDINATION, Enslavement and LPG MAFIA, Promoter BUILDER, MNC raj! Cadres has been REGIMENTED as GESTAPO. KISAN SABHA, boasting TWenty million Membership  is INACTIVE since the TEBHAGA and FOOD Movement ended as the MARXISTS took over Writers Building and followed up with Genocides, Ethnic Cleansing and DEINDUSTRIALISATION running BLIND on the Super Highway of capitalism!

      Simply, BENGAL RETALIATED the Genocides, Deindustrilisation, Indiscriminate Land Acquisition, Retail chains, SEZ and Chemical Hubs and GESTAPO RULE at GRASS ROOT level! But BENGALI BRAHMIN Marxists would NEVER say the TRUTH!
       
      West Bengal chief minister Buddhadeb Bhattacharjee is likely to skip the CPM politburo meeting on Monday in Delhi as he has to "oversee the
      law and order situation in the state". ( Watch )

      The move assumes significance in the wake of the Left Front's debacle in the Lok Sabha elections in West Bengal. The politburo meeting has been convened to discuss the poll outcome.

      Bhattacharjee is unlikely to attend the politburo meeting "as he has to oversee the law and order situation in the state after the announcement of Lok Sabha election results", sources close to the chief minister said on Sunday.

      "Mostly due to the reason (law and order supervision) the CM is skipping the politburo meet to remain in the state," the sources said.

      However, other politburo members from the state including Biman Bose and Nirupam Sen, would attend the meeting tomorrow, CPM sources said.

      The HINDUTVA mobilised in favour of Congress, discarding NDA, stopping Mayawati and making MARKET SOVEREIGN! The INDIA INCS, won the SENSEX Fight for Manusmriti ZIONIST US Corporate Rule, the MEDIA has to dilute the TRUTH and the GANDHIANS are also used for SUBVERSION!

      Do the Marxists or Maoists look beyond Bengal and India?

      Thousands of Maoist supporters on Sunday took to streets to protest against what they alleged "foreign intervention" in Nepal's affairs and to oppose President Ram Baran Yadav's move to reinstate the army chief. All major roads in the capital Kathmandu were blocked as protesters gathered in the Tundikhel Open Ground for the rally, which came two weeks after Premier Prachanda resigned in the wake of the controversy over his sacking of army chief Gen Rukmangad Katawal.
      Most of the schools and colleges remained closed and the Maoist leaders ordered their cadres to ferry students, workers and other activists to the venue for their protest show. Maoist Lawmakers have been blocking parliamentary proceedings for over a week now, asking the President to rectify his step of reinstating the army chief.

      The Maoist leaders have claimed that they wanted to maintain supremacy of the civilian government. "Let's oppose foreign intervention" and strengthen nationalism, read a poster pasted by the Maoists near the venue of the rally, but it did not refer to any country. However, Prachanda had earlier accused India of backing President Yadav's move to block the sacking of the army chief by the Maoist government !

      Buoyed by Congress' spectacular victory at the hustings, Prime Minister Manmohan Singh, often the target of attack from the BJP, sought cooperation of the main opposition to open a "new chapter".

      "We should open a new chapter in relations between the government and principal opposition party. We seek your cooperation," Singh told Leader of Opposition L K Advani who called to congratulate on him on UPA's victory.

      PMO sources said that Advani telephoned the Prime Minister to congratulate him.

      Advani, who was the prime ministerial candidate of the BJP, also greeted Congress chief Sonia Gandhi for the success in the elections and gave his good wishes.

      Earlier, Singh giving his first reaction over the Congress victory, sought to reach out to the Left and other secular parties asking them to come together to provide a strong and stable government "forgetting their past disputes."

      "I expect all secular parties to forget their past disputes and come together to give this country a strong, stable and purposeful government. We will work in a spirit of comradeship," he said with Sonia his side.

      "We invite all opposition parties to use this moment to convey to the world that at a time when the world is in serious difficulty... we stand one as a nation," he said in a message to the Left and secular parties.
       
      On the other hand,  Top leaders of poll-battered CPI(M) would meet here on Monday to do a "serious introspection" of the causes for their debacle at the
      hustings, especially in their bastions of Bengal and Kerala which face assembly elections in another two years.

      While the Politburo would meet tomorrow, the party has given up the idea of convening a Central Committee meeting.

      The factors responsible for the massive rout are likely to come up for discussion in the CPI(M) body, the most important among them being the "failure" of the party's political organisation in the two states, party sources said.

      The other issues could range from land acquisition for industries, corruption and infighting to national issues like forging of alliance with parties which do not matter much in the two states, they said.

      The Forward Bloc's Central Secretariat would also meet here tomorrow while CPI's National Executive and National Council would hold their meetings from Tuesday. RSP leaders would also be meeting this week.

      The four Left parties, which met here today, would review the poll reverses at their own meetings and then meet again to firm up a collective assessment on how to overcome the shortcomings and move ahead, they said.

      While Chief Ministers of Kerala and Tripura, V S Achuthanandan and Manik Sarkar, would be attending the meeting, their West Bengal counterpart Buddhadeb Bhattacharjee is likely to skip it on the grounds of the law and order situation in the state.

      A number of post-poll clashes between Left and Trinamool supporters have occured in some parts of the state since the results were declared yesterday.

      However, other Politburo members from West Bengal, including Biman Bose and Nirupam Sen, would attend.

      Both Kerala and West Bengal face assembly elections in 2011 and the CPI(M) leadership would be pondering how to save these 'red citadels' from going to the hands of Congress and its allies. Left Front has been ruling Bengal for over three decades since it came to power in 1977.

      The total tally of the four Left parties in Parliament has plummeted from 61 in 2004 to 24 this time round, with CPI(M) alone tumbling down from 43 seats in the 14th Lok Sabha to 16 now. CPI's strength has also fallen from ten to four and RSP and Forward Bloc from three each to two each.
       
      It would be a record of sorts for the country's illustrious Nehru-Gandhi family when four of its members would be simultaneously occupying seats in the Lok Sabha, though in rival camps.
       
       Fresh from Lok Sabha electoral triumph, Congress President Sonia Gandhi on Sunday asked partymen to start working to restore the party's
      "historical" role as the natural party of governance".

      Expressing gratitude to the electorate for again reposing confidence in the party in Lok Sabha poll, she said "the election is now behind us and hard work must begin. We can now start to restore the Congress party to its former historical role as the natural party of governance in India".

      Addressing the Congress Working Committee meeting here, she said, referring to the impressive performance of Congress-led UPA in the elections, said "we meet at a moment of great significance and a time of great responsibility and of course great satisfaction".

      She said that after many years Congress has emerged with a clear mandate.

      "With our pre-poll allies, we have come close to achieving a majority in the Lok Sabha. We are grateful for the confidence that the people have once again reposed in us and we thank them," Gandhi said.

      Congratulating party workers and appreciating their sincerity and dedication, she said the results would not have been possible without the hard work of the candidates and the party workers at all levels.

      The 15th Lok Sabha will witness two mother-son duos of India's first political family representing two main political parties.

      While Congress President Sonia Gandhi and her son Rahul will be part of the ruling coalition, BJP leader Maneka Gandhi and her son Varun, the saffron party's latest firebrand discovery, will be seated on the Opposition benches.

      This will be the first time four members of the family, albeit from its two estranged factions, will simultaneously be in the Lok Sabha that has for most part of its history seen at least one member of the Nehru-Gandhi clan.

      The family debuted in parliament's lower house with the formidable Jawaharlal Nehru, India's first Prime Minister, who occupied the seat from 1952 till the time of his death in 1964.

      Nehru's son-in-law Feroz Gandhi gave him company for most of his years in the Lok Sabha. Gandhi, husband of Nehru's daughter Indira was an MP from Pratapgarh constituency in Uttar Pradesh from 1952 to 1960.

      After a brief absence in the Parliament, the Nehru-Gandhi family returned to the Indian legislature with Indira, who was elected to the fourth Lok Sabha in 1967 from the constituency her husband had represented till the time of his death in 1960.

      Sanjay Gandhi, the third generation of India's first family, entered the Parliament in 1977. Touted as a potential prime minister, Sanjay, however died an untimely death in an air crash.

      His death, however, led his younger brother Rajiv, a reluctant politician, into the political arena. Rajiv was elected to the Lok Sabha in a by-election in 1981 and continued in the legislature till 1991, when he was assassinated.

      Maneka, the estranged member of the family also entered the Parliament in 1989, elected from Pilibhit constituency representing Janata Dal party.

      Rajiv's Italy-born wife Sonia, who stayed away from politics for as many as seven years following her husband's death, was the seventh member from the celebrated clan to enter the Parliament in 1999.

      She was followed by son Rahul, now a potential future prime minister, who was elected from UP's Amethi seat, for the first time in 2004.

      Maneka's son Varun, the youngest, the latest and the most controversial Gandhi family entrant to the Parliament has made his debut in the Lok Sabha with his first victory from Pilibhit constituency in this elections.

      Pranab calls for restraint in West Bengal

      Kolkata (PTI) With stray incidents of post poll clashes reported from Birbhum, Murshidabad and East Midnapore districts in West Bengal, WBPCC chief Pranab Mukherjee on Sunday appealed for restraint.

      "My appeal to all political parties and workers is that they should not do anything to create tension and instead work for lessening it," Mr. Mukherjee, who arrived here from his constituency Jangipur after his re-election to the Lok Sabha, said.

    1. Verdict 2009: How The Hindu covered it minute by minute

      To a question, he said that the his party's alliance with the Trinamool Congress was in accordance with the "desire" of the people of the state.

      Mr. Mukherjee said he was in a hurry to leave for Delhi where the Congress Core committee and Working Committee would meet for post-poll review.

      Related links:

    2. India gives Congress & UPA a clear mandate
    3. Advani firm on quitting
    4. Congress retains power in A.P.
    5. DMK front wins 28 seats

    6. BJD landslide in Orissa
    7. Left is out but UPA foreign policy may not swing right
    8. Congress shocks BJP in Rajasthan
    9. Dramatic turnaround for Congress in U.P.
    10. A major setback for Left, says CPI(M)
    11. News Analysis: The Manmohan Singh impact
    12. The coming of age of Rahul
    13. A bitter-sweet day for BJP
    14. http://www.hindu.com/thehindu/holnus/002200905172088.htm
    15. Sonia calls up Lalu, asks him to attend cabinet meeting

      Patna In an apparent bid to reach out to her estranged ally, Congress President Sonia Gandhi telephoned Railway Minister Lalu Prasad and asked him to attend the Cabinet meeting scheduled for Monday.

      "UPA chairperson rang up the Railway Minister on Saturday evening and requested him to attend a meeting of the union Cabinet on Monday," his private secretary Bhola Yadav said on Sunday.

      He, however, did not divulge what transpired during the telephonic talk between the two leaders coming in the backdrop of severe drubbing of RJD-LJP led Fourth Front had inBihar.

      The Railway Minister, he said, is scheduled to leave for Delhi later in the day.

      Lalu has not been attending cabinet meetings ever since he forged an alliance with LJP and Samajwadi Party.

      An apparently contrite Lalu, Congress' largest ally in the outgoing Lok Sabha, had yesterday admitted that not contesting the elections in alliance with the Congress was a big mistake.

      "The decision to contest elections without the Congress on our side was a big mistake and I acknowledge it.

      However, it is a matter of great happiness for me that the Congress-led UPA is all set to form its government at the Centre," he had said.

      Swaraj rules out being in race to become Leader of Opposition

      Bhopal Senior BJP leader Sushma Swaraj on Sunday ruled out being in the race for the post of Leader of Opposition in the Lok Sabha.

      "It is not possible for me to think of becoming Leader of Opposition in the Lok Sabha in the presence of L K Advani in the house. I just can't think of it and it is very painful for me to think so," Swaraj told reporters at Raisen district collectorate here.

      She was responding to a query about reports that she is in the race for the post of the Leader of Opposition.

      Swaraj, who won Vidisha Lok Sabha seat with a record margin of votes in the absence of any Congress candidate, had come to the collectorate to collect her winning certificate.

      Swaraj's name was reportedly among the prospective candidates being considered for the post of Leader of Opposition after Advani declined to lead the Opposition in 15th Lok Sabha.

      Too soon for yet more troops in Afghanistan: Obama

      17 May 2009, 0920 hrs IST, AP
       
       
      WASHINGTON: President Barack Obama says he needs to see how fast Afghanistan can be stabilized and led toward a more democratic government before
      deciding whether more troops are needed.

      In an interview with Newsweek magazine, Obama said the hardest thing he has had to do so far in his administration was to order 17,000 troops to Afghanistan on top of an estimated 38,000 that were already in Afghanistan. The interview was released on the Web on Saturday.

      He did not rule out the possibility of sending even more troops, while stressing such a decision was premature at this point and that US military action is not the only answer to bringing stability to the region.

      "We have to see our military action in the context of a broader effort to stabilize security in the country, allow national elections to take place in Afghanistan and then provide the space for the vital development work that's needed so that a tolerant and open, democratically elected government is considered far more legitimate than a Taliban alternative," Obama said.

      "My strong view is that we are not going to succeed simply by piling on more and more troops," he added. "The military component is critical to accomplishing that goal, but it is not a sufficient element by itself."

      Obama said he wrestled with his options before making the decision in February to order a surge of troops. He said he was sobered by the idea that many men and women could be harmed but that a surge was unavoidable.

      "The starting point was a recognition that the existing trajectory was not working, that the Taliban had made advances, that our presence in Afghanistan was declining in popularity, that the instability along the border region was destabilizing Pakistan as well," Obama said.
       
      Mandate rejection of caste politics, communalism: Rahul
      16 May 2009, 2055 hrs IST, PTI

      SULTANPUR: Rahul Gandhi on Saturday said his party's victory was a rejection of politics of caste and religion and acceptance of "clean and honest"
      Rahul Gandhi with Priyanka Gandhi
      Rahul Gandhi with Priyanka Gandhi after he received his victory certificate for Amethi seat, in Sultanpur. (PTI Photo)
      politics symbolised by Prime Minister Manmohan Singh.

      However, he parried questions on his joining the Cabinet which the Prime Minister had earlier in the day said he would like. ( Watch )

      At an impromtu interaction with the media here, Rahul complimented BJP leader L K Advani on giving a "strong fight" in the Lok Sabha polls but said he differed fundamentally with his politics of "changing the secular traditions".

      "This election is a testament of the fact that the youth of the country wants unification and believes in clean and honest politics that is what Manmohan Singh embodies," Rahul said.

      He said he was happy that the "young and poor people" of the country have given the mandate.

      Asked whether he would join the Cabinet, Rahul said: he has a job to help the youth of the country.

      "I want to say that youth should come to politics and should change the way the present politics functions. I have got a job to do to help youth of this country," he said.

      To a question whether his party got more seats because of his efforts, Rahul said: "People of Uttar Pradesh have rejected the politics of caste and religion and voted for development."

      Asked whether the credit for party's victory should go to him, he pointed to his sister Priyanka standing by his side who said the full credit should go to Rahul.

      However, he added that "One cannot do it on his own. If one has to achieve anything in life it has to be a team effort. Team work is important. The 100 per cent goes to our team."

      Meanwhile, Rahul Gandhi retained the Amethi seat defeating his nearest rival BSP candidate Ashish Shukla by a margin of over 3.7 lakh votes by

      Rahul Gandhi secured 4,64,195 votes while BSP candidate Shukla polled 93,997 votes.
       
       
       
      UPA won most seats from states of Third Front partners
      16 May 2009, 2131 hrs IST, IANS
       
      NEW DELHI: The bulk of seats in the Congress-led United Progressive Alliance's stunning victory came mostly from the states where the Third Front
      partners had expected to do well and play kingmakers.

      The Congress gained mostly in the Left-ruled West Bengal and Kerala, Tamil Nadu where AIADMK-led grouping was hoping to do good, Andhra Pradesh where grand alliance of Telugu Desam Party's Chandrababu Naidu was expecting to cash in on an anti-incumbency factor and Uttar Pradesh where Bahujan Samaj Party's Mayawati was hoping to carry on her landslide victory in last assembly elections.

      The performance in Rajasthan, where the Congress bagged 19 out of the 25 seats, is in continuation of its victory in the November-December assembly elections.

      In West Bengal, the Congress in a strategic tie-up with Trinamool Congress' Mamata Banerjee humbled the Left front picking 25 out of total 42 seats. The Communist Party of India-Marxist (CPI-M) has been ruling the state for the last three decades.

      In Kerala, the home state of CPM general secretary Prakash Karat, the Congress-led United Democratic Front (UDF) took 16 out of 20 seats. Many attribute this victory to the rumblings among factions led by senior communist leaders, chief minister VS Achuthanandan and Pinayari Vijayan supported by Karat.

      The incredible victory in Uttar Pradesh, where it was virtually non-existent with only nine MPs out of the total 80, the Congress won 21 seats and shocked the powerful regional satraps Mayawati and Samajwadi Party chief Mulayam Singh Yadav.

      "It was clearly the anti-incumbency against the Mayawati government and disillusionment with the Samajwadi Party of whose rule the state has no fond memories," says political analyst and Uttar Pradesh expert Sudha Pai.

      "Another reason is the focussed party building work that Rahul Gandhi did in the state; after long, the party was trying real hard and it paid off," she said.

      In Tamil Nadu, all the parties sympathetic to the Liberation Tigers of Tamil Eelam (LTTE) had to bite the dust as the UPA managed 28 out of 40 seats.

      Similarly, in Andhra Pradesh it walked with 32 out of 42 seats.

      The party's performance in rural Andhra Pradesh areas is being attributed to its implementation of the National Rural Employment Guarantee Act (NREGA) where the Youth Congress members continuously monitored the scheme. The Congress also retained its rule in Andhra Pradesh.
       
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      Projection of Modi caused immense harm to NDA: Sharad Yadav

      NEW DELHI: After the stunning defeat of NDA in Lok Sabha polls, knives were out with its convener Sharad Yadav holding that Varun Gandhi's "hate
      statement" and projecting of Narendra Modi as future Prime Ministerial candidate had caused immense harm. ( Watch )

      "It may be right or wrong or he (Varun's) might have denied but his statement has caused immense damage. His statement was unconstitutional. It was against the country's unity and must have affected the polls," Yadav told reporters.

      Asked whether references that Gujarat chief minister Narendra Modi could be a future Prime Ministerial candidate had affected the prospects of NDA, Yadav, who is also JD(U) president, said the eruption of the issue in deed had confused the people.

      "It was a factor. When the issue had come up, it created confusion among the people's mind. Since the NDA had already declared a Prime Ministerial candidate (LK Advani) unanimously, the issue should have been dismissed immediately," he said.

      Yadav said such an issue (Prime Ministerial candidate) had come up in JD(U) too during the electioneering, but the party summarily rejected.

      Asked whether Gujarat riots too had affected the NDA's prospects, Yadav said such issues do have impact on polls.

      "As far as Godhra is concerned, we have contested four elections after that. Whatever had happened in Godhra and after Godhra were inhuman. So, such incidents do have affect."

      LTTE chief yet to be traced; Tigers concede defeat

      17 May 2009, 2023 hrs IST, PTI

       Print   EMail   Discuss  Share  Save  Comment Text:
      COLOMBO: Sri Lankan troops on Sunday swept across a tiny patch of land still held by the LTTE after killing at least 70 rebels, including two of
      their leaders, but the elusive Tiger chief V Prabhakaran remained untraceable despite the guerrillas conceding that the war had come to a "bitter end".

      President Mahinda Rajapaksa, who cut short his visit to Jordan, declared that the guerrillas had been defeated militarily as authorities announced that the last among the remaining 50,000 civilians had fled the conflict zone.

      The government also denied reports of the death of the LTTE supremo Prabhakaran and said Rajapaksa would make a nationally-televised address from Parliament on Tuesday to give an update on the war.

      "We do not have any reports of Prabhakaran's death and such reports are not true. Even the stories on the (recovery of) burnt LTTE bodies is incorrect," Minister for Mass Media and Information, Lakshman Yapa Abeywardena, told PTI.

      In the face of a major offensive by the Sri lankan military, the Tigers admitted defeat saying they had decided to "silence" their guns. They claimed they had done this to ensure the safety of Tamil civilians.
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      No decision on SP, RJD joining UPA: Sources

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      Reports suggest a section of the Congress Working Committee wants RJD and SP be kept out of the next UPA govt. CMs who have held on to their strongholds

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      Industrialists want younger politicians like Jitin Prasad, Sachin Pilot, Naveen Jindal and Jyotiraditya Scindia as ministers in the next govt.

      UK govt says ready to guarantee loans for Tatas' JLR
      17 May 2009, 1758 hrs IST, PTI

      The British government has said that it is ready to guarantee loans to Indian conglomerate Tata group-owned Jaguar Land Rover. JLRdeal | Honda Jazz

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      President set to invite UPA, PM to meet her on Monday

      Hindu - ‎28 minutes ago‎
      New Delhi (IANS) President Pratibha Patil is set to invite the Congress-led United Progressive Alliance, which has emerged as the largest alliance with 262 Lok Sabha seats, to form the next government.

      No sign of Prabhakaran's body, says Sri Lanka

      Times of India - ‎1 hour ago‎
      COLOMBO: Sri Lanka's defence ministry said on Sunday its advancing troops had found no trace of defeated Tamil Tiger leader Velupillai Prabhakaran, although the bodies of two mid-ranking rebels were recovered.

      BJP does flip-flop over Advani, blame game begins

      Economic Times - ‎36 minutes ago‎
      NEW DELHI: A day after its humiliating defeat, the Bharatiya Janata Party (BJP) on Sunday gave conflicting signals about the possibility of its prime ministerial candidate LK Advani's quitting as leader of opposition.
      Hindustan Times - Livemint - Siliconindia.com - Times of India
       
      India
      Updated 6 minutes ago

      President set to invite UPA, PM to meet her on Monday

      Hindu - ‎28 minutes ago‎
      New Delhi (IANS) President Pratibha Patil is set to invite the Congress-led United Progressive Alliance, which has emerged as the largest alliance with 262 Lok Sabha seats, to form the next government.

      BJP does flip-flop over Advani, blame game begins

      Economic Times - ‎37 minutes ago‎
      NEW DELHI: A day after its humiliating defeat, the Bharatiya Janata Party (BJP) on Sunday gave conflicting signals about the possibility of its prime ministerial candidate LK Advani's quitting as leader of opposition.

      TC to support, work with UPA: Mamata

      Times of India - ‎1 hour ago‎
      17 May 2009, 1917 hrs IST, PTI KOLKATA: The Trinamool Congress chief Mamata Banerjee on Sunday said that her party would support the new Congress-led government at the Centre, but would not indulge in political bargaining.

      Decision on Lalu after talks with pre-poll allies: Congress

      Times of India - ‎18 minutes ago‎
      NEW DELHI: The Congress on Sunday said any decision on including Rashtriya Janata Dal (RJD) chief Lalu Prasad in the government will be taken only after discussions with its pre-poll allies.

      Indian MPs' assets top Rs 3000 crore

      Times of India - ‎2 hours ago‎
      17 May 2009, 1814 hrs IST, PTI NEW DELHI: India is home to the largest number of poor in the world, but 543 MPs who have been elected to the Lok Sabha have a combined asset of Rs 3075 crore.

      Reddy takes week-long holiday trip to Israel from May 23

      Hindu - ‎1 hour ago‎
      Hyderabad (PTI) After leading the Congress to a remarkable win elections and taking part in a gruelling campaign in heat, Andhra Pradesh Chief Minister YS Rajasekhara Reddy will fly to Israel with family on a week-long holiday begining May 23.

      2009 Lok Sabha election: Final results tally

      Economic Times - ‎37 minutes ago‎
      NEW DELHI: The Election Commission on Sunday announced results for all the 543 elected seats of the Lok Sabha, giving the United Progressive Alliance 262 seats, 10 short of the halfway mark.

      Orissa neglected by Centre: Naveen

      Business Standard - ‎3 hours ago‎
      PTI / Bhubaneswar May 17, 2009, 17:48 IST Accusing successive Central governments of neglecting Orissa, BJD supremo and Chief Minister Naveen Patnaik today said the victory in the Lok Sabha elections would enable his regional party to focus on the ...

      Rebellion costs Cong-NCP six seats in Maharashtra

      Hindu - ‎4 hours ago‎
      Mumbai (PTI): Feuds and bickering within the Congress-NCP in Maharashtra cost the ruling coalition six seats. Even though Congress was the worst affected in terms of resentment, it lost only Dhule and Raigad whereas party candidates romped home in ...

      NDA ally points finger at Modi, Varun for defeat

      IBNLive.com - ‎5 hours ago‎
      New Delhi: An important ally of the National Democratic Alliance (NDA) on Sunday said Bharatiya Janata Party leaders Varun Gandhi and Narendra Modi had "damaged" the alliance in elections.

      A big victory for DMK: Karunanidhi

      Hindu - ‎2 hours ago‎
      Chennai (PTI): Describing the Lok Sabha poll verdict as a "big victory" for DMK and its allies, Tamil Nadu Chief Minister M Karunanidhi today said his government would continue to work for "peace" and a "political solution" on the Sri Lankan Tamils ...

      BJP makes more inroads in Karnataka

      Hindu - ‎5 hours ago‎
      Bangalore (PTI): Overcoming a determined opposition bid to stem the saffron surge, the ruling BJP in Karnataka has further consolidated its base by making inroads into new areas at the expense of Congress and JDS in the Lok Sabha polls.

      Assam Congress felicitates winning candidates

      Hindu - ‎2 hours ago‎
      Guwahati (PTI): The ruling Congress in Assam having won seven of the 14 LS seats on Sunday felicitated the wining candidates. The candidates were felicitated by Chief Minister Tarun Gogoi and Assam Pradesh Congress Committee (APCC) President ...

      BJP demands dissolution of Jharkhand Assembly

      Economic Times - ‎3 hours ago‎
      17 May 2009, 1746 hrs IST, PTI RANCHI: Fresh from its impressive victory in the Lok Sabha polls in this state, the BJP on Sunday demanded dissolution of Jharkhand Assembly, which is under suspended animation, and sought fresh round of Assembly polls.

      Sonia asks Congmen to work to restore party's "historical" role

      Economic Times - ‎1 hour ago‎
      17 May 2009, 2005 hrs IST, PTI NEW DELHI: Fresh from Lok Sabha electoral triumph, Congress President Sonia Gandhi on Sunday asked partymen to start working to restore the party's "historical" role as the natural party of governance".

      Miffed SP leader Azam Khan quits party posts

      IBNLive.com - ‎7 hours ago‎
      New Delhi: Disgruntled Samajwadi Party (SP) leader Azam Khan on Sunday resigned as the party general secretary as well as parliamentary board member over the SP's "closeness to communal forces".

      Obama impressed by Indian polls, to work with new govt

      Press Trust of India - ‎4 hours ago‎
      Washington, May 17 (PTI) Impressed by "the largest exercise of popular voting in the world," US President Barack Obama has said that he was looking forward to continuing to work with the new Indian government to enhance the "warm" bilateral partnership ...

      Indian community in Australia hails Congress victory

      Economic Times - ‎7 hours ago‎
      17 May 2009, 1302 hrs IST, PTI MELBOURNE: Indian community in Australia has welcomed the victory of Congress in the general elections and hoped that the party-led UPA alliance would address the aspiration of the people and provide a stable government ...

      Congress maintain grip in Haryana, INLD-BJP wiped out

      Business Standard - ‎5 hours ago‎
      PTI / Chandigarh May 17, 2009, 14:51 IST The Congress maintained its foot hold in Haryana, the INLD-BJP combine failed to get off the starting block while the BSP gained a strong foothold in many pockets in the just-concluded Lok Sabha polls.

      Chiranjeevi to be elected PRP's Legislature leader Monday

      Indian Express - ‎49 minutes ago‎
      Telugu megastar Chiranjeevi will be elected as the Praja Rajyam Party's Legislature leader on Monday. The 18 newly-elected MLAs of the party will meet here to formally elect their leader.

      President set to invite UPA, PM to meet her on Monday

      Hindu - ‎30 minutes ago‎
      New Delhi (IANS) President Pratibha Patil is set to invite the Congress-led United Progressive Alliance, which has emerged as the largest alliance with 262 Lok Sabha seats, to form the next government.

      Maruti Suzuki: Hold

      Hindu Business Line - ‎21 hours ago‎
      With a focus on passenger cars, the company's top-line growth has improved, beating the automobile slowdown. The launch of Ritz may strengthen Maruti's position in the hatchback space.
      The "five star" small car Business Standard

      UPA's return to give push to financial sector reforms

      Economic Times - ‎5 hours ago‎
      17 May 2009, 1513 hrs IST, PTI NEW DELHI: Financial sector reforms put on the backburner due to persistent opposition from the Left parties are likely to get a push in the coming days with the Congress-led UPA winning decisive mandate.

      Futures trading in wheat may start next week

      Hindu - ‎8 hours ago‎
      New Delhi (PTI): Futures trading in wheat is likely to resume next week on the three national commodity exchanges -- NCDEX, MCX and NMCE -- after nearly two-and-half years of ban which ended last week.

      Bharti Airtel Ltd expects to add another 100 m users

      Sify - ‎May 16, 2009‎
      New Delhi: Bharti Airtel Limited chairman Sunil Mittal expects to add another 100 million users to its kitty in the coming years. Mittal said India had emerged as a dominant player in the field of telecommunications.

      Sensex above 12-K level as bourses sustain gains

      Press Trust of India - ‎May 15, 2009‎
      Mumbai, May 16 (PTI) Indian bourses sustained their gains in yet another week with the benchmark Sensex settling above the 12K level at the weekend amid strong indications that the UPA will form a government at the centre.

      Ashok Leyland stutters but JNNURM bails it out

      Moneycontrol.com - ‎May 16, 2009‎
      In FY09, Ashok Leyland's net profit fell 59% to Rs 190 crore but experts say this fall could have been worse if its bus business had not driven it to rescue.

      Stage set for monsoon onset in Bay of Bengal

      Hindu Business Line - ‎May 15, 2009‎
      Conditions are becoming favourable for advance of southwest monsoon into south Andaman Sea and adjoining southeast Bay of Bengal during the next two to three days.

      Industry suggests 100-day programme for new govt

      Economic Times - ‎May 16, 2009‎
      16 May 2009, 1959 hrs IST, PTI NEW DELHI: Apex industry associations on Saturday welcomed the mandate in favour of the ruling UPA and suggested a 100-day programme of action for stimulating the economy to a growth of 9 per cent.

      Eveready to acquire controlling stake in French firm

      Reuters India - ‎May 15, 2009‎
      By Madhav A Chanchani (VCCircle.com) Battery major Eveready is looking to acquire a minimum of an 80% stake in Uniross for $13.65 million.

      MSEDCL ready to handle forthcoming monsoon

      Times of India - ‎15 hours ago‎
      THANE: Power cuts are synonymous with rains. But this year, the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) claims that it is all set to tackle the upcoming monsoons.
      GTL wins Rs 324 crore order Business Standard

      Audi India opens first showroom in Kochi

      Hindu - ‎19 hours ago‎
      FLAGSHIP SHOWROOM: Benoit Tiers, Managing Director of Audi India addressing a press conference in Kochi on Friday. KOCHI: Audi, the German luxury car manufacturer, announced the opening of its first showroom in the country in Kochi on Friday.
      Audi Q5 – Preview CarTradeIndia.com

      Fix your deposits

      Business Standard - ‎20 hours ago‎
      Bank deposits are losing their charm due to repeated rate cuts. Investors need to pick and choose. Since November 2008, repeated rate cuts by the Reserve Bank of India (RBI) have improved the liquidity situation substantially.

      3G services in Mumbai to generate significant revenue: MTNL

      Moneycontrol.com - ‎May 15, 2009‎
      It is one of the rare occasions when Mahanagar Telecom Nigam gets to reap the benefits of being a Government of India enterprise. The company may soon get an edge over other players.

      India's March consumer price index up 8.03 pct y/y

      Reuters India - ‎May 14, 2009‎
      NEW DELHI (Reuters) - India's consumer price index rose 8.03 percent in March from a year earlier, lower than February's annual rise of 9.63 percent, government data showed on Friday.

      M&M signs wage agreement with employees of Igatpuri unit

      Economic Times - ‎May 15, 2009‎
      MUMBAI: Utility major Mahindra & Mahindra on Friday said it has signed a long term wage agreement with employees of its Igatpuri unit at Nashik.

      As robbers continue to strike, Panchkula police seek more ...

      Indian Express - ‎20 hours ago‎
      Under severe criticism for unabated spate of robberies in Panchkula, the police are set to increase surveillance and patrolling in the district by manifold.

      India to grow at 6%: Deepak Parekh

      Moneycontrol.com - ‎May 14, 2009‎
      Yesterday, State Bank of India cut its deposit rates for the third time in 40 days, and now, HDFC says deposit rates should come down before lending rates fall.

      Gold reacts downwards on fresh offerings; silver up

      Economic Times - ‎May 15, 2009‎
      15 May 2009, 1913 hrs IST, PTI MUMBAI: Gold prices reacted downwards on the bullion market here on Friday on fresh offerings by stockists, despite steady trend in global cues.

      Kerala tourism stands tall

      India Infoline.com - ‎May 16, 2009‎
      At a time when destinations are showing declining figures, Kerala is bucking the trend in the crisis-hit global tourist industry. 598929 foreign tourists visited Kerala in 2008, up 80000 from the previous year.
      Indian Express - AME Info - TravelBizMonitor
       

      Development, peace lead CPI(M) success in Tripura

      Hindu - ‎5 hours ago‎
      Agartala (PTI): In the face of drubbing of CPI(M) in both Kerala and West Bengal, success of the Marxists in tiny Tripura is attributed to the continuous ...

      A major setback for Left, says CPI(M)

      Hindu - ‎17 hours ago‎
      NEW DELHI: Describing the election results as a "major setback" to the Left parties, the CPI(M) said on Saturday that it would continue cooperation with the ...

      Congress-led front sweeps polls in Kerala

      Hindu - ‎May 16, 2009‎
      In 2004, the CPI(M)-led Left Democratic Front (LDF) had bagged 19 seats capturing 50 percent of the votes polled. But this time its vote share fell to 42 ...
      LDF pays price for disunity Daily News & Analysis

      Mamata brings down red citadel

      Hindu - ‎4 hours ago‎
      The CPI(M) tally came down to an incredible nine from 26 last time and three of its partners RSP, Forward Bloc and CPI accounted for two seats each. ...

      Buddha skips CPI(M) politburo meet

      Times Now.tv - ‎5 hours ago‎
      However, other politburo members from the state including Biman Bose and Nirupam Sen, would attend the meeting tomorrow, CPI(M) sources said. ...

      CPI-M brings out victory procession just as counting begins

      Economic Times - ‎May 15, 2009‎
      But the Dum Dum constituency in West Bengal'S North 24-Parganas district saw an unusual sight on Saturday as the Communist Party of India-Marxist (CPI-M) ...

      'Disenchanted CPI-M cadres voted for UDF': Sudhakaran

      Business Standard - ‎May 16, 2009‎
      PTI / Kannur May 16, 2009, 14:02 IST Congress' K Sudhkaran, who humbled his CPI-M rival KK Ragesh in Kannur Lok Sabha constituency, today said his victory ...

      JD(S) played a crucial role in defeating CPI(M): Mullapally

      Business Standard - ‎May 16, 2009‎
      CPI(M)'s P Sathi Devi, regarded as a 'red fortress' since long, had won from Vatakara last time by a margin of over 1.30 lakh votes, but lost this time by ...

      Tripura: CPI(M) set to retain its seats

      Hindu - ‎May 15, 2009‎
      Agartala: CPI(M)'s Bajuban Reang is leading in East Tripura (ST) Lok Sabha constituency by 1,00456 votes over his nearest Congress rival Diba Chandra ...

      CPI(M) experiment fails in Ponnani

      Kerala Online - ‎9 hours ago‎
      The victory of Mr. Basheer sounded the death knell of a historic experiment the CPI (M) tried out in Ponnani by allying with the PDP led by Abdul Nasir ...

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