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India News

Will push India, Pakistan to hold talks: Nepal foreign minister

By Anil Giri,

Kathmandu : Foreign Minister Mahendra Bahadur Pandey said Monday that Nepal will push India and Pakistan to hold talks on the sidelines of the SAARC summit.

To end the deadlock between India and Pakistan, "we are trying to crack the nut", he said in a television interview without divulging much details.

Though official talks between India and Pakistan are still uncertain, Nepal is likely to push the two regional leaders to one table during the retreat organised at Dhulikhel, a popular hill station near Kathmandu.

Bomb found in Assam train

Guwahati : A powerful bomb was found in the compartment of a local train at a railway station near Guwahati Monday, a day after a powerful blast killed two people and injured over 25 others in Dibrugarh, police said.

The bomb was found at Kendukona railway station aboard the intercity express running between Alipurduar in northern West Bengal to Kamakhya junction in Guwahati.

Navy has land for golf courses, not for airport expansion: Congress

Panaji : If the Indian Navy has surplus land to build golf courses, it can certainly offer some land critical for the extension and upgradation of the Dabolim airport, state Congress president Luizinho Faleiro said Monday, adding to the controversy over building a second airport in Goa.

Addressing a press conference here, the newly-appointed state Congress chief said the Indian Navy was being unreasonable in allotting 12.5 acres of land for Goa's only airport.

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Pranab to visit Karnataka, Maharashtra

New Delhi : President Pranab Mukherjee will visit Karnataka and Maharashtra Nov 25-26, it was announced Monday.

On Tuesday, the president will inaugurate the First Commonwealth Science Conference at the Indian Institute of Science in Bangalore.

On Wednesday, Mukherjee will address the 11th Convocation of Symbiosis International University at Pune.

The same day, he will visit Bajajwadi and an Innovation Exhibition at the Bajaj Science Centre, Wardha.

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Indian equity bulls shouldn't anticipate further crude price decline

By Vatsal Srivastava,

Oil is in a bear market. Over the past few months, both major crude benchmarks - Brent and Western Texas Intermediate (WTI) - have corrected by over 25-30 percent from their 2014 peak. Interestingly, and as it often happens in the financial markets, the timing of this plunge has surprised many. The fundamental factors behind the drop in oil prices—easing - geopolitical tensions, slowing economic growth, especially in the Euro area and China, the Libyan output hitting the supply market again and the US shale oil revolution (the dominant factor) — could have been factored in well before and the plunge could have been smoother and more gradual, unlike the kind of capitulation we are witnessing now.

India can build $10 tn economy by 2034: PwC

New Delhi : Launching a report on transformational change in India, PricewaterhouseCoopers (PwC) Monday said India has an opportunity to build a $10 trillion economy by 2034 with a growth rate of 9 percent per annum.

Titled "Future of India: The Winning Leap", the report "builds an aspirational model prepared after meeting business leaders and social thinkers and identifies winning strategies needed for this aspirational transformation", according to PwC International chairman Dennis Nally, who launched the report here.

Odisha youngsters launch Blanket Challenge for homeless

Bhubaneswar : Youngsters in Odisha posted an idea on social networking site Facebook about 15 days ago. Now, many of them are joining the cause to keep the homeless locals in Bhubaneswar warm during the winter.

A group of 35 youngsters, many of whom came to know one another through Facebook, have started a "Donate a Blanket Challenge" here to collect old blankets and other woollen clothes for the homeless people who are spending nights on railway platforms and bus stands and by roadsides.

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Historical fiction looks at 1984 anti-Sikh riots

New Delhi : The wounds of the victims of one of the darkest periods of recent history haven't healed yet, and there is constant struggle to seek closure says an author-journalist whose latest novel has one of the many voices from the 1984 anti-Sikh riots.

The novella, "Delhi 84" set between the assassination and cremation of then prime minister Indira Gandhi that claimed 3,000 lives is penned by Roopinder Singh, author of "Guru Nanak: His Life and Teachings".

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India needs to adopt new IPR protection norms: US

New Delhi : The US government Monday highlighted the need for India to adopt new norms relating to protection of intellectual property rights (IPRs), local sourcing norms and mobility of highly-skilled labour.

The US government's latest stand was pointed out by US Trade Representative Ambassador Michael Froman at a closed door roundtable held with several leading industry groups here.

Ambassador Froman said that high standards for IPR were being adopted by the Trans-Pacific Partnership (TPP), and India too needs to look at its current IPR standards.

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Agartala airport to be made international airport

Agartala : The Airports Authority of India (AAI) has completed preliminary work to upgrade Agartala airport as an international airport to boost the region's connectivity with southeast Asia, an official said here Monday.

"The prime minister is likely to lay the foundation for upgrading the Agartala airport on Dec 1. However, his programme would be finalised in a day or two," a top official of Tripura government said.

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