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Sheila Dikshit presents economic survey, promises ample jobs for Delhiites

-India Today A day before the city government is due to present its crucial Budget, Delhi Chief Minister Sheila Dikshit on Tuesday promised to provide ample employment opportunities and other facilities to Delhiites . The CM also refuted allegations of the government being 'insensitive' and reminded that a dedicated helpline number for women in distress had been set up. Presenting the economic survey in the Delhi Assembly on Tuesday, Dikshit said the city...

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FM P Chidambaram warns rich promoters on loan defaults

-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...

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UN report belies India's claims of inclusive growth-Devjyot Ghoshal

-The Business Standard This has meant the GNI per capita has more than doubled from $1,229 in 1990 In recent years, India's growth has undoubtedly been spectacular. Income growth a year has averaged about five per cent from 1990 through 2012. This has meant the gross national income (GNI) per capita (purchasing power parity, in dollar terms) has more than doubled from $1,229 in 1990. However, even if one discounts the drop in...

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We Have Created Path for Permanent Development: UP CM

-Outlook Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav, who today completed one year in office, claimed that his government has created 'path for permanent development' of the state and people's faith in democracy has increased. "We can claim that in the last one year we have created path for the permanent development of the state. The government has worked in every sector and taken the state forward," Akhilesh said here on the...

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IAEA chief lauds India’s civil nuclear programme-Sandeep Dikshit

-The Hindu India Specific Safeguard Agreement being implemented very smoothly The Indian civil nuclear programme as well as the country’s tightening of laws to check nuclear proliferation came in for praise from Director General of the International Atomic Energy Agency Yukiya Amano. Speaking to journalists here after touring Tarapur Atomic Power Station’s units 3 & 4, Dr. Amano lauded the “serious efforts, enthusiasm by the operators, engineers to further improve, further enhance the...

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