New Delhi, July 6: Ram Singh, 17, earns just one dollar from the 100 cups of tea he makes every day outside Delhi railway station, but each evening, after packing up, he goes to the bank and deposits nearly half of it. Singh holds an account at a special bank, run for — and mostly by — Indian street children, that keeps what little money they have safe and seeks to instill the idea that savings
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New Delhi, July 5: In a major blow to the cash-strapped Kingfisher Airlines, banks on Thursday reportedly decided to launch their debt recovery process against the ailing company. Sources said that the bankers had decided to sell off Kingfisher's non-core assets that include Kingfisher House in Mumbai and a villa belonging to the airline's chief, Vijay Mallya, in Goa. Sources said that the
New Delhi, July 5: Yet another book has levelled an allegation that P V Narasimha Rao had connived at the demolition of Babri Masjid, claiming that the late Prime Minister had sat in a puja when the kar sevaks began pulling it down and rose only when it was over. The charge relating to the demolition on Dec 6, 1992 has been made by eminent journalist Kuldip Nayar in his soon-to-be released
New Delhi, July 5: India has conveyed to Pakistan the outcome of the investigations into the 2008 Mumbai terror attack and looks forward to them taking action on the information, Indian Foreign Secretary Ranjan Mathai said here Thursday on day two of his talks with his Pakistani counterpart Jalil Abbas Jilani. Mathai said Indian Home Minister P. Chidambaram has spoken of the "scale of conspiracy
Mumbai, July 5: India has put in place a $5.4 billion policy to provide free medicine to its people, a decision that could change the lives of hundreds of millions, but a ban on branded drugs stands to cut Big Pharma out of the windfall. e price of drugs is just one factor in access to healthcare and that the scheme need not be detrimental to manufacturers of branded drugs. "I think this will
Lucknow, July 5: Having invited comparisons with Mayawati's profligate ways, a rattled UP chief minister Akhilesh Yadav on Wednesday reversed his decision to allow all legislators to purchase four-wheelers worth up to Rs 20 lakh by dipping into their local area development fund. This is the second time in three weeks that Akhilesh has been forced to revoke his decision within 24 hours. Last month
New Delhi, July 5: The release on Wednesday of dramatic new data pointing to the existence of the Higgs boson "God particle" sent a special flutter of pride, mixed with frustration, through India's scientific community. The "Higgs" of Higgs boson is well known to refer to Peter Higgs, the British researcher who in 1964 laid much of the conceptual groundwork for the presence of the elusive particle
Mumbai, July 5: In what could be a major setback to the 100 billion dollar Indian IT industry that thrives on offshore revenues, the US on Wednesday proposed two deals with a mandatory 'no-offshore' clause. It has been learnt that of the two deals, the first is a 320 million dollar deal in the insurance sector, for which Infosys and IBM are likely front-runners. The second is said to be a 400
Mumbai, July 4: The 10,000-page CBI charge sheet was filed before the Registrar of a sessions court, nearly 18 months after the agency registered a case. The Adarsh scam had fuelled a political storm in Maharashtra leading to the resignation of Chavan as the Chief Minister. Earlier in the day, the CBI informed the Bombay High Court, hearing a batch of public interest litigations seeking the court
Chennai, July 4: DMK's top leaders M Kanimozhi, Dayanidhi Maran and MK Stalin along with several party cadres on Wednesday courted arrest in Chennai during the party's state-wide jail bharo agitation against alleged witch-hunt by the Tamil Nadu government of J Jayalalithaa. At least 15 DMK leaders and former ministers have been raided or arrested on land-grabbing and other charges since