Rupee fell all-time low, Sensex dips below 16,000-level
Indian stock markets on Wednesday plunged below 16,000-mark for the first time in four months as the Rupee took a severe beating further to touch a record low of 54.46 after a spurt in capital outflow and problems in bourses over Eurozone crisis. The BSE benchmark Sensex dipped below 16,000 level for the first time since January 12 in mid session trade today on aggressive selling by foreign funds as weak rupee raised concerns of slowing economic growth... »
India largest importer of arms: Antony
New Delhi, May 16 : India has become the largest importer of arms, surpassing the Chinese share of five per cent of global arms imports during 2007-11, government told the Rajya Sabha today. "As per a report published in March 2012 by the Stockholm International Peace Research Institute (SIPRI), India has become the largest importer of arms during 2007-11 and accounted for 10 per cent of global arms import as compared to to Chinese share of five per cent", Defence Minister A K told the House in a written reply... »
RURAL BANK STAFF ON STRIKE
Kolkata, May 16: The All India Regional Rural Bank Employees Association (AIRRBEA) secretary general Dilip Kumar Mukherjee has issued the following statement: About 70000 officers and employees of 82 regional banks (popularly known as Gramin Bank) working at around 17000 rural branches in all the states of the country... »
BREAKING NEWS
- Latin American Literary giant Carlos Fuentes dies in Mexico »
- Unpopular austerity measures on way, say Pranab »
- Heatwave in Kolkata and south Bengal »
- Bangladesh forms panel to probe Grameen Bank »
- Centre has done nothing for masses: Karat »
- Nepal PM expands cabinet, inducts 7 new ministers »
- Raja back in Parliament »
- CBI raids Yedyyurappa, kin’s residences »
- IPL sting: BCCI suspends five cricketers »
- Bangladesh High Court bars publication of novel on 1975 coup »
COMMENT
The Greek and French Elections: Left Gains Significant Ground
The Greek and French elections have thrown up a result where the left has gained significant ground, but so has the extreme right. The definitive verdict in both countries is clearly against the “austerity” programmes coming out of Merkozy EU leadership – Merkel and Sarkozy... »
NATO in the Dock on Libya Bombing
On May 14, 2012, Human Rights Watch released an important report, Unacknowledged Deaths: Civilian Casualties in NATO’s Air Campaign in Libya. The 82-page report reveals conclusively that some of NATO’s ten thousand sorties flown over Libya resulted in the deaths of at least seventy-two civilians, including twenty-four children... »
NEWS ANALYSIS
West Bengal: A Year of Violence & Crime
New Delhi, May 16, 2012: This is not something the people of Bengal had bargained for when they bought the slogan of “paribortan” advanced by the TMC-Congress combine and decided to end 34 years of uninterrupted reign of the Left Front... »
Decoding Kaushik Basu
The current hullaballoo over Chief Economic advisor to the FM, Kaushik Basu is misplaced on two counts:1) He has not said anything the government has not demonstrated so far, not just on reforms, but on issues far more significant to the people of this country. The policy misdirection is the very reason for its paralysis.2) The uproar should be about the real debate on what is being called ‘Reform’. The universal meaning of the word is positive change, correction for the betterment & in this context, it is just the opposite... »
Brigade, 2012
Brigade: New History
SLIDESHOW
BRIGADE RALLY
The Brigade Parade Ground in Kolkata was full to the brim on February 13, 2011...
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