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PM Narendra Modi brings home over $22 billion in deals with China


SHANGHAI: Prime Minister Narendra Modi got down to business on the final day of his trip to China on Saturday, saying India was open for investment as firms signed deals worth more than $22 billion. "Let us work together in mutual interest and for progress and prosperity of our great countries," Modi told business leaders from 200 Chinese and Indian companies at a business forum in the Chinese commercial hub Shanghai. "Now India is ready for business," he said.

The Prime Minister was on the final day of his three-day trip to China, as New Delhi and ... Read More

India-China sign record 24 bilateral agreements worth $10 billion
India TV

Indian Prime Minister Narendra Modi on Friday attended a Yoga-Taichi event at the Temple of Heaven in central Beijing accompanied by Chinese Premier Li Keqiang.

"Wonderful to see Indian students doing Taichi and Chinese students doing Yoga," the prime minister tweeted.

Modi congratulated Li for the conceptualisation of the unique event.

*PM Modi takes selfie with Chinese Prime Minister Li Keqiand at Temple of Heaven in Beijing * PM Modi answers questions from students at Tsinghua University * What we need to do is that both countries need to cooperate with each other: PM Modi * Today our country (India) is moving forward with ... Read More

�Robotone� developed by student to hit the market
Kochi, May 15: A young engineering student has come up with a gizmo that can facilitate the operation of domestic appliances from places far away from home, courtesy the �robotone�.

Peter K Joseph, who is a first-year MTech (power electronics) student at Toc H Institute of Science and Technology (TIST) here, has used a �simpler version� of TTC Logic technology (used to operate satellites in foreign nations) for the functioning of robotone, thus making the gadget stand apart from the routine mobile key operational robots that are easily available for sale today.

�One can operate the appliances, even if one ... Read More

Amma returns as Tamil Nadu CM
May 15

Chennai: AIADMK chief Jayalalithaa is all set to return as Tamil Nadu Chief Minister soon for the fifth time after her election as Leader of the Legislature Party scheduled on 22 May, following her acquittal in the disproportionate assets case.

"Jayalalithaa will be elected unanimously as Leader of the AIADMK Legislature Party in a meeting to be held on May 22 at party headquarters here," a top AIADMK source told PTI.

Earlier, in a brief press release, announcing the MLA's meeting, Jayalalithaa said, "All MLAs should participate in the meeting without fail."

Sources said Jayalalithaa will stake claim to form the government ... Read More

Sunanda Pushkar death: Delhi Police seek lie detector test for key witnesses
Source : ANI
New Delhi: The Delhi Police is likely to conduct polygraph tests on three key witnesses in the Sunanda Pushkar death case, after being suspected of 'lying', say reports.

As per media reports, the three key witnesses that are suspected to be concealing facts include Shashi Tharoor's help and driver.

Sunanda was found dead in her suite at a five star hotel in south Delhi on January 17, 2014, a day after she was involved in a spat with Pakistani journalist Mehr Tarar on Twitter over the latter's alleged affair with her husband.

Police had on January 1 filed a murder case ... Read More

KV Kamath appointed as the first chief of BRICS Bank
New Delhi: Eminent banker K V Kamath was today appointed as head of the USD 50 billion New Development Bank being set up by the five emerging economies of BRICS grouping.

Kamath will have a five year term of the bank, which is likely to be operationalised within one year, Finance Secretary Rajiv Mehrishi said.

Kamath is the Chairman of the India�s largest private sector bank ICICI.

Leaders of the emerging economies of Brazil, Russia, India, China and South Africa (BRICS) had last year reached an agreement to establish the New Development Bank, with its headquarters in Shanghai. As per the agreement, India ... Read More

Chenni-born tech billionaire tops Asia's wealthiest under-40 list
Source : PTI
Chennai-born tech billionaire Arun Pudur has been ranked as Asia's wealthiest entrepreneur under the age of 40, according to the Wealth-X list released on Monday.

The global wealth intelligence and prospecting company said Pudur, the owner and president of software firm Celframe, topped the list with a personal fortune of US $4 billion.

Pudur, 37, founded Celframe in 1998 after graduating from university, and the software firm now produces the world's second most popular word processor after Microsoft.

He also has assets tied up in diversified businesses in the fields of mining and real estate, Wealth-X said.

Arun Pudur on being born ... Read More
Modi in China: What's on the cards?

The PM is on yet another foreign tour, officially becoming the most travelled PM since Nehru. This time it is a three-nation tour that involves China, Mongolia and South Korea.

He begins his trip in China. The issues to be discussed are large and so is Chinese swagger. In a world where Chinese hegemony is no longer a question of 'if, but rather one of 'when', China is not really in the mood to bargain. Add to that the fact that India and China are currently having a row over Chinese involvement in Pakistan, and the atmosphere is far from friendly. ... Read More
PM Modi announces e-visas to Chinese nationals
Beijing: In a confidence building measure, Prime Minister Narendra Modi on Friday announced that India will grant e-visas to Chinese tourists.

"We have decided to extend electronic tourist visas to Chinese nationals," Modi said addressing students and faculty at the prestigious Tsinghua University here.

Hours before the Prime Minister's announcement, Foreign Secretary S Jaishankar had said "no decision has been taken yet" on granting e-visas to Chinese tourists.

When asked about extending e-visa facility to Chinese tourists, Jaishankar this morning said, "We are expanding it bit-by-bit. With regard to China, no decision has been taken yet."

Addressing the gathering at the university, Modi said, ... Read More
Television That Few Want to Watch
NEW DELHI — There is a coup underway in India: Some people who are inconvenienced by democracy have taken over nearly all the country’s television news channels.

India has more than 800 television channels, though nobody knows why. About half of these are news channels, but in this case everybody seems to know why, even though most lose money. They are owned by billionaires — including India’s richest man — shady real estate barons and politicians. Some of these channels have blackmailed businessmen and politicians, solicited funds from political parties in return for coverage or laundered illicit money.

In some states, political ... Read More
Swamy to move SC against Jaya's acquittal?
Senior BJP leader Subramanian Swamy today said he will move the Supreme Court next month against the acquittal of AIADMK supremo J Jayalalithaa in a grafts case if the Karnataka government did not do so by then.

"I have decided to file SLP (Special Leave Petition) in SC after June 1st if K'taka govt does not file. So no need to go to KHC (Karnataka High Court)," he tweeted.

The BJP leader's statement comes two days after he had indicated on micro blogging site 'Twitter' that he could file an appeal in the apex court against Jayalalithaa and "prove that the KHC ... Read More
BJP to celebrate Modi government's anniversary with 250 rallies
Aatish Shrivastva, CNN-IBN
New Delhi: Ahead of Narendra Modi government completing one year in office, the Bharatiya Janata Party is making grand plans to celebrate first anniversary of the National Democratic Alliance at Centre.

Around 250 BJP rallies have been planned across India. The party has planned one rally in every two Lok Sabha constituencies.
... Read More
4 Indians among those killed as gunmen storm Kabul guest house
Kabul, May 14 (Agencies): Four Indians and an American were among those killed when Taliban gunmen stormed a guest house here, reportedly with Indian Ambassador Amar Sinha as their target.

”Four Indians have been killed in the attack,” officials sources told PTI. All three attackers were killed in the siege, which lasted for about seven hours, ending early Thursday.

There was no clarity over the overall death toll apart from the confirmation that four Indians and an American were among the dead. At least six people were also wounded.

President Ashraf Ghani's special envoy for good governance, Ahmad Zia Massoud, was quoted as ... Read More
Vulgar' poem on Mahatma: SC refuses to quash charge against editor
Source: PTI
New Delhi: The Supreme Court today dismissed the plea of a bank employee who had challenged framing of charges against him for publishing an alleged "vulgar and obscene" poem on Mahatma Gandhi in 1994 in an in-house magazine of which he was an editor.

A bench comprising justices Dipak Misra and Prafulla C Pant said one cannot be allowed to use indecent language for"historically respected personalities like Mahatma Gandhi".

The bench upheld the Bombay High Court's decision of not quashing charge of sale/publication of obscene books, framed against accused Devidas Ramchandra Tuljapurkar, saying freedom of speech and expression does not allow ... Read More
India's growth to be highest among G20 countries: Moody's
New Delhi: Ratings agency, Moody's on Tuesday said that at 7.5 percent, India's growth rate during 2015-16 will be the highest among the global 20 major economies (G20).

It said the growth has been predicted on the basis of various reforms initiated by the government in face of lower oil prices.
... Read More
Cabinet approves benami transactions bill to curb black money in Parliament
New Delhi: To check the generation of black money in the country, the Cabinet on Wednesday approved the new Benami Transaction (Prohibition) Bill which provides for stringent measures against violators.

"The Benami Transactions (Prohibition) (Amendment) Bill, 2015 provides for attachment and confiscation of benami properties and also fine with imprisonment. This is one more initiative to fight the menace of black money inside the country," an official statement said.

"As a sequel to the announcement in the Budget, the Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to amend the Benami Transactions (Prohibition) Act, 1988 by moving of ... Read More
Rahul Gandhi attacks PM Narendra Modi over land bill
New Delhi: Trying to corner the Narendra Modi government over Land Acquisition Bill, Congress vice president Rahul Gandhi on Tuesday launched a vicious attack, saying that 'bigger thieves come in daylight wearing suits'.

In an apparent reference to the Prime Minister, Rahul quoted one of the economists as saying that 'he used to think that thieves come at night, but now he has realised that bigger thieves come in broad daylight wearing suits.'

Speaking in the Lok Sabha, the Congress leader said his party will oppose the bill tooth and nail.

“If we can't stop you in Parliament, we will stop you on ... Read More
Earthquake jolts Nepal again, major tremors felt in India
Source : PTI
New Delhi: A strong earthquake measuring 7.3 on richter scale epicentred in Nepal today shook several states in North and East India including Delhi, Uttar Pradesh and West Bengal, causing panic among people, less than three weeks after the region was hit by a devastating temblor.
... Read More
Bill to amend whistleblowers law introduced in Lok Sabha
Source : PTI
New Delhi: A Bill to amend the Whistleblowers Protection Act 2011 to keep issues of national security out of its purview was introduced in the Lok Sabha today.

The introduction of the Whistleblowers Protection (Amendment) Bill 2015 came close on the heels of the Opposition attacking the government for not notifying the bill despite it getting the President's assent in May 2014.

The amendments to the bill are being carried out with a view to incorporate necessary provisions aimed at strengthening safeguards against disclosures which may prejudicially affect the sovereignty and integrity of the country and security of the state, ... Read More
Justice CR Kumaraswamy: The judge who freed Jayalalithaa
It was two lines from the Hon'ble Mr Justice Chikka Rachappa Kumaraswamy - "(Appeal) Allowed. Order against all four appellants set aside" - that signalled AIADMK's acquittal in the 18-year-long disproportionate assets case on Monday and set the stage for her return as Tamil Nadu CM.

Who then is Justice CR Kumaraswamy - the judge who freed Jaya?

Born on 25-08-1953, Kumaraswamy enrolled as an Advocate on 11-03-1983.

He practised in the civil, labour and criminal courts in Bangalore, and worked as a Principal District and Sessions Judge too.
... Read More

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