Home » September 26th, 2011 Entries posted on “September, 2011”

Obama Proposes A ‘Buffett Tax’ On US Millionaires

Obama Proposes A ‘Buffett Tax’ On US Millionaires

WASHINGTON – US President Barack Obama plans to call on Monday for a new minimum tax rate on millionaires as part of a comprehensive rewrite of the US tax code to force the wealthiest Americans to pay the same share of income in taxes as middle-class families.

September 26th, 2011 | Posted in International | Read More »

Tata’s Golden Nano Worth $5.5 Million!

Tata’s Golden Nano Worth $5.5 Million!

MUMBAI – The Tata Group on Monday unveiled a Nano car – made with gold and silver, and studded with precious stones – worth an astronomical over Rs 22 crore ($5.5 million).

September 26th, 2011 | Posted in International | Read More »

India’s Trade Policy Lacks Transparency: U.S.

India’s Trade Policy Lacks Transparency: U.S.

BANGALORE – The U.S. has expressed concern over India’s lack of transparency in its trade policy, as a result of which small and medium-sized enterprises have difficulties in investing and doing business in the country.

September 26th, 2011 | Posted in International | Read More »

Global Economy In A Dangerous New Phase: IMF

Global Economy In A Dangerous New Phase: IMF

WASHINGTON – Portraying a gloomy outlook for the global economy, International Monetary Fund (IMF) today said that it is in a dangerous phase as business activity has weakened and confidence has fallen sharply.

September 26th, 2011 | Posted in International | Read More »

77 Percent Of India’s Ministers Are Multi-Millionaires

77 Percent Of India’s Ministers Are Multi-Millionaires

BANGALORE – The Union cabinet is like a king who becomes richer and richer at the peril of his subjects. Not a few, but almost 77 percent of the Union Council of Ministers are crorepatis, the rich and prosperous ruling club of a nation reeling under widespread corruption, inflation and price rice.

September 26th, 2011 | Posted in International | Read More »

“Criminal” Lankan Minister Enjoys Immunity In India, Court Told

“Criminal” Lankan Minister Enjoys Immunity In India, Court Told

CHENNAI – The external affairs ministry on Tuesday told the Madras High Court that Sri Lankan minister Douglas Devananda, wanted in a firing case in Chennai in 1986, cannot be arrested as he enjoys diplomatic immunity.

September 26th, 2011 | Posted in South Asian | Read More »

Modi’s Fast A State-Sponsored Drama: Team Anna

Modi’s Fast A State-Sponsored Drama: Team Anna

NEW DELHI – Gujarat chief minister Narendra Modi may have followed Anna Hazare’s method to fast for harmony in the state and even lavishly praised the anti-corruption activist but Hazare’s team is far from happy with him.

September 26th, 2011 | Posted in South Asian | Read More »

Sri Lanka’s Landmines Will Take A Decade To Clear

Sri Lanka’s Landmines Will Take A Decade To Clear

COLOMBO – Post-war Sri Lanka will need another decade to clear the half million landmines which lie buried under swathes of agricultural and forest land and around villages in the north of the island nation, the head of a demining group said.

September 26th, 2011 | Posted in South Asian | Read More »

Indian Railways- World’s 8th Biggest Employer

Indian Railways- World’s 8th Biggest Employer

BANGALORE – Creating jobs is a very important aspect of any economy. All countries are judged depending on the number of jobs that are created or what is the employment or unemployment rate. There are several sectors which helps government to create jobs.

September 26th, 2011 | Posted in South Asian | Read More »

Indian Army Rescue Over 3000 From Quake Hit Areas Of Sikkim

Indian Army Rescue Over 3000 From Quake Hit Areas Of Sikkim

NEW DELHI – More than 3,000 people were rescued in quake-hit areas of Sikkim by defence forces which scrambled hard to clear debris of collapsed structures and landslides as the death toll in Sunday’s powerful temblor shot up to 92, including 53 in the Himalayan state.

September 26th, 2011 | Posted in South Asian | Read More »