FDI in retail to safeguard international market mafias' interest: BJP

NEW DELHI: India's main opposition Bharatiya Janata Party (BJP) today said retail reform is a step taken by the Congress led-federal government to safeguard the interests of the international market mafias at the cost of national interest.BJP vice president Mukhtar Abbas Naqvi said on Saturday that voting inside the parliament would decide as to who is in favour of national interest and who is working...

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Photos: Kilauea Lava Reaches the Sea

Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...

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Police: KC Chiefs Player Killed Girlfriend, Self

Jovan Belcher, a linebacker for the Kansas City Chiefs, committed suicide today in front of his coaches and police officers outside the team's stadium, shortly after he fatally shot his girlfriend, police said."We heard that they had been arguing in the past [and] as far as recently, they'd been arguing before the shooting occurred this morning," Kansas City Police spokesman...

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Obama seeks Aug. 1 deadline for tax reform

President Obama is seeking an Aug. 1 deadline for overhauling the tax code and making changes to expensive federal health programs, the final pieces of what the administration conceives as a far-reaching plan to rein in the national debt, senior administration officials said Friday. The proposed deadline was included in a plan Treasury Secretary Timothy F. Geithner delivered to Capitol...

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Mexico's incoming president unveils cabinet

MEXICO CITY: Mexico's incoming president Enrique Pena Nieto named his cabinet Friday, picking close advisors for key posts managing the drug war and the economy on the eve of his inauguration.Pena Nieto takes the oath of office on Saturday, marking the return of the Institutional Revolutionary Party (PRI) after a 12-year absence from the presidency. The PRI ruled Mexico for most of the...

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Around 40% states still have more than 5% as stamp duty

NEW DELHI: The Comptroller and Auditor General's (CAG) audit into Centre's urban renewal programme - Jawaharlal Nehru National Urban Renewal Mission (JNNURM) -- has shown that 40% of states and Union Territories have failed to rationalize stamp duty to 5% for property registration. The defaulting states include Delhi, Haryana, West Bengal, Karnataka, Kerala and Chhattisgarh. High stamp duty discourages...

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Pictures: Mysterious Maya Tomb Explored for First Time

Photograph courtesy Héctor Montaño, INAHSporting an elaborate headdress and shield, the Palenque king named Kan Bahlam, or Snake Jaguar, is depicted on one of the tomb walls.Eight other figures are depicted as well, "each probably a different royal ancestor of the tomb occupant," said Stuart."The imagery of nine ancestors seems to have been a theme repeated in other Palenque royal tombs, such as Pakal's...

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Obama Warns of 'Scrooge Christmas' Without Deal

President Barack Obama gestures as he speaks at the Rodon Group, which manufactures over 95% of the parts for K' NEX Brands toys, Nov. 30, 2012, in Hatfield, Pa. (Susan Walsh/AP Photo)HATFIELD, Pa. — President Obama today accused Republicans of putting Americans at risk of a “Scrooge Christmas” if they fail to extend middle class tax cuts, telling workers in Pennsylvania that a tax increase would...

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Motor Racing: Ecclestone blasts Vettel row as 'joke'

LONDON: Formula One supremo Bernie Ecclestone on Thursday blasted the controversy surrounding world champion Sebastian Vettel's Brazilian Grand Prix overtaking manoeuvre as a "joke".Ferrari had contacted Formula One's governing body, the FIA, concerning the move by the Red Bull driver during last weekend's season-ending Brazilian Grand Prix that won him a third successive title.There had...

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White paper on irrigation a dud, Maharashtra skirts corruption

MUMBAI: The much-awaited white paper on irrigation, which was placed before the state cabinet on Thursday, has turned out to be a dud. As expected, it skirts the core issue of corruption and irregularities in the water resources department, and merely collates data on projects approved in the last decade. Addressing a news conference on Thursday night, chief minister Prithviraj Chavan said the two-volume...

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