It is striking how quickly the over-hyped optimism over the evolving India economic story has given way to a reality check in general and pessimism over the economic outlook in particular. Capital inflows into India were attracted by the increasing
As it turns out, the number of small and marginal farmers is more than 30 million and it is estimated that the number is likely to be 36.90 million, while the number of other farmers is estimated about 5.97 million.
Outside Saudi Arabia, there is no spare capacity. Sanctions on Iran have meant that no new outside funds have come to bolster the current production of around 4 million barrels a day. Outside Saudi Arabia, there is no spare capacity.
Here is an astonishing fact: on December 10 1998, the spot price for a barrel of West Texas Intermediate crude was exactly $10 and ninety eight cents. Nearly 10 years and one thousand and sixty two per cent later, it
By far the most awaited game of the year, Grand Theft Auto IV (GTA IV) takes gamers on the streets of Liberty City, a dystopic version of New York City in 2008. What propels this violent, intelligent, profane, endearing, obnoxious,
Bharti has decided to disengage from the ongoing talks and has conveyed the same to MTN," the company said. "The MTN board has now presented a completely different structure," the statement said, than what was agreed earlier.
Opposition leader and presidential candidate Morgan Tsvangiraireturned to his homeland Saturday, stopping first to visit hospitalizedsupporters who had been targeted in an onslaught of state-sponsoredviolence.He then called on increasingly autocratic PresidentRobert Mugabe to "set his people free from poverty, hunger
Forecasters said Saturday that at least a dozen tornadoes spunacross western and central Kansas on Friday, destroying numeroushomes, downing trees and injuring several people.The National Weather Service in Dodge City, Kansas, said there were at least 10 twisters that touched
The city of Vallejo filed for bankruptcy protection Saturday afteradministrators and leaders were unable to sufficiently trim a nearly$17-million shortfall.The Bay Area city, with a population of about 120,000, had been bracingfor the possibility since February as tax revenues fell
Zimbabwe hangs in a dangerous political limbo: A ruling party cliqueclings to power amid rumors of a coup if President Robert Mugabe losesthe upcoming presidential runoff. His opponent, Morgan Tsvangirai, farfrom facing down military hard-liners, has been out of the
Americans discouraged by higher gas prices and airline fares maydecide to spend more vacation time at home, perhaps watching television.That, too, will cost them more than ever. Cable prices have risen 77 percent since 1996, roughly double the rate of
Afghan officials expressed outrage Saturday at the decision by the U.S.military not to charge U.S. Marines involved in a shooting spree thatleft 19 Afghan civilians dead in 2007. U.S. military officials said Friday that no criminal charges willbe brought against
Only a few weeks ago, prominent policymakers and economists werecheerfully asserting that the U.S. economy would dodge recession andkeep chugging forward despite a housing bust, a credit crunch andcontinuing job losses."The data are pretty clear that we are not in
The U.S. Food and Drug Administration on Friday warned women not to useor purchase Mommy's Bliss Nipple Cream, marketed by MOM EnterprisesInc. of San Rafael, California. The cream, promoted to nursingmothers to help soothe dry or cracked nipples, contains ingredientsthat
Less than four months after losing the California primary, DemocratBarack Obama leads Republican John McCain in projected November generalelection matchups, a new Los Angeles Times/KTLA Poll has found.Obama, the Illinois senator who has inched close to his party'snomination, would defeat
Sen. Hillary Rodham Clinton on Friday invoked the 1968 assassinationof Sen. Robert F. Kennedyin explaining her decision to remain in the race for the Democraticpresidential nomination, comments that drew criticism from aides toSen. Barack Obama and cooled speculation that the
UN Secretary-General Ban Ki-moon has announced that Burma's military leadership has agreed to let foriegn aid workers into the country to help Cyclone Nargis survivors. The breakthrough came after a two-hour meeting in the remote new capital of Naypyitaw.
According to data found on a laptop confiscated by Colombian authorities, the terrorist group FARC may have had ties to left-wing politicians in Germany. E-mails found on the computer, confiscated after the recent killing of FARC commander Reyes, show that
Part two of Chancellor Merkel's ambitious package of measures aimed at reducing German greenhouse gas emissions may be in trouble. Originally set for passage on Tuesday, many of the law proposals are under attack.
Under the Slum Prevention Programme, the Mumbai Metropolitan Regional Development Authority will build 500,000 houses in the Mumbai Metropolitan Region over the next five years. Of this, 50,000 houses would be built over the next year, said metropolitan commissioner Ratnakar