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Policy paralysis fears haunt markets

-The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the...

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SP set to form govt in Uttar Pradesh; blow for Congress

-Reuters The Congress party trailed in fourth place as vote counting neared its end in Uttar Pradesh on Tuesday, a bitter election blow to Rahul Gandhi who had staked his political future on reviving his party's fortunes in the state. Gandhi, scion of the Nehru-Gandhi dynasty that ruled India for most of its 65 years of independence, had campaigned tirelessly to revive his party in the politically crucial state where it has...

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Ramesh wants to sidestep food security Bill categories by Liz Mathew

Rural development minister Jairam Ramesh wants to sidestep categories proposed under the food security law to make sure that the welfare impact of the legislation isn’t nullified because a count that’s central to it hasn’t been completed across large parts of the nation. Ramesh wants 25kg of foodgrain given every month to 75% of the rural poor and 50% of the urban poor at subsidized rates. The National Food Security Bill, which...

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Being called sexy is cool: NCW chief by Shoeb Khan

It's Okay to call a woman sexy. At least that's what the head of the National Commission of Women believes. At a seminar in Jaipur on Saturday, NCW chairperson Mamta Sharma said, "Don't be offended if someone says 'sexy', rather take it positively." The audience comprising students and sadhvis appeared stunned.  The 'Gateway to Future' seminar was organized by Terapanth, a socio-religious organization, to discuss various women's issues, including crimes against...

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Dispur claims better economy

-The Telegraph Dispur today said the state’s economy was “performing well” when the country’s overall growth rate was projected to be affected by the economic meltdown in Europe. The principal secretary of the state finance department, Himangshu Sekhar Das, said Assam had not borrowed any money from the market in the current fiscal (2011-12) and its tax collection had recorded an increase of 33 per cent, most of which had come from...

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