Church up in arms over Kochi bishop adopting a woman
The adoption of a 26-year-old woman by a 58-year-old Catholic bishop in Kerala for "spiritual reformation" has set off a war of words in Latin Church....
2008-10-15 17:38:09Bailout Sketch Edited for the Web
NBC has taken the unusual step of editing the online version of a “Saturday Night Live†skit. In a sketch about the government’s financial bailout...
2008-10-15 16:00:00Word For Word | I’m Having a Flashback: A Storm Unforeseen, Always About to Pass
What some leading politicians, economists and business leaders had to say in the months before and after the crash of 1929. Sound familiar ...
2008-10-15 16:00:00'General' Johnson aims to erase Donaghy mess
"Donaghy" remains a very dirty word with the NBA and its newly retooled officiating hierarchy, which is why it was so refreshing to hear Ron Johnson address the topic without flinching Wedne...
2008-10-15 14:39:58Bhujbal declares end of 'enmity' with Thackeray
NAT71National/PoliticsBhujbal declares end of 'enmity' with ThackerayMumbai, Oct 15 IANS Senior Nationalist Congress Party NCP leader Chhagan Bhujbal, on his 61st birthday Wednesday, declared that his "personal enmity" with Shiv Sena chief Bal Thackeray is "over" and that henceforth, any opposition to his one-time mentor would be at the political level.Speaking at a rally at Shivaji Park here organised by the NCP to felicitate him on his birthday, Bhujbal's remark comes close on the heels of his decision last week to withdraw an 11-year-old private defamation complaint filed against Thackeray. He also scotched all speculation that he was a fence-sitter in the NCP, particularly after his name was dragged in the fake stamp paper scam a few years ago. "There will always be differences among people in all parties, but I will never leave the NCP. I shall always protect the party's interests like a lion," asserted Bhujbal, who is also the state PWD minister. Bhujbal recounted his humble beginnings in Mumbai, living in a 10 feet by 10 feet tin tenement without basic amenities like water, electricity and a toilet, selling vegetables for a living, to occupying the seat of city mayor and deputy chief minister. He said that over the years he has learnt about the plight of the poor in the country, particularly the deprived Other Backward Castes OBC to which he belongs. He pointed out that while India is progressing on all fronts, social ills like casteism continued to confront the country. Demanding job reservations in the private sector, Bhujbal said it was sad that some people were of the view that the move would result hamper the work culture and quality. He admitted that he wouldn't have been able to do much for the backward classes had he not left the Shiv Sena to join the Congress and later the NCP. Earlier, a galaxy of leaders from different political parties paid rich tributes to Bhujbal.The political bigwigs who attended the function include Chief Minister Vilasrao Deshmukh, Deputy Chief Minister R.R. Patil, union cabinet ministers Sharad Pawar, Praful Patel, Sushilkumar Shinde, BJP national general secretary Gopinath Munde, Samajwadi Party general secretary Amar Singh and Republican Party of India president Ramdas Athawale. --Indo-Asian News Serviceqn/mv/vm400 Words15102236
2008-10-15 13:09:07Techie arrested in Chennai for threat email to president
ECO22Economy/TerrorismTechie arrested in Chennai for threat email to presidentChennai, Oct 15 IANS A software engineer employed in an infotech company was arrested here Wednesday evening for allegedly sending a threatening email to President Pratibha Patil, police said. Top police sources identified the techie as Sri Ram, who is in his early 20s and hails from a southern suburb. They added he was being interrogated. --Indo-Asian News Servicetsv/am/vm67 Words*15102233
2008-10-15 13:08:07Russia, Georgia trade barbs, but talks to resume Lead
INT68International/Diplomacy/DefenceRussia, Georgia trade barbs, but talks to resume LeadGeneva, Oct 15 DPA Russia and Georgia are to resume talks Nov 18 following the suspension in Geneva Wednesday of their first direct parleys since they went to war in August, European Union EU Special Representative for Georgia Pierre Morel told journalists.Russia and Georgia accused each other of walking out of the UN-brokered talks. "De facto the discussion was broken off by Georgia, which refused to participate in the plenary session," Interfax quoted Deputy Foreign Minister Grigory Karasin, who headed the Russian delegation to the Geneva talks, as saying. "The behaviour of the Georgian side, to put it mildly, is unclear, as their refusal of participation has broken further schedule of work for today," Karasin said. "The beginning is difficult in this important process, but there is no reason to despair." Speaking to journalists in Brussels, Georgian President Mikheil Saakashvili said Russia was to blame for the collapse of Wednesday's talks. "Although Georgia was very constructive, although there was an opportunity to hold serious talks with the mediation of the EU and the US, the Russians - as I feared and as I suspected - left the negotiations and walked out," Saakashvili said. "This is exactly how the Soviet Union acted in the worst years of the Cold War. This is very regrettable," he said. "We will continue working with our friends, with our partners; we will continue our consistent struggle for Georgia's de-occupation and for the withdrawal of Russian troops from the occupied territories." The Russian delegation arrived an hour late for the talks with representatives from Georgia, the US, the EU and the Organization for Security and Cooperation in Europe OSCE. The closed meeting also included leaders of the breakaway Georgian regions of South Ossetia and Abkhazia in an effort to find a long-term solution for stability in the region. UN Secretary General Ban Ki-moon has called for patience, saying diplomats expected no immediate results and that the discussions could drag on for weeks. Russia and Georgia waged a five-day war when Russia invaded South Ossetia in response to Georgian efforts to impose its rule there.--DPAskp/vm389 Words15102233
2008-10-15 13:01:07BJP denies refusing venue for Sonia's Bhopal rally
NAT70National/PoliticsBJP denies refusing venue for Sonia's Bhopal rallyBhopal, Oct 15 IANS Refuting the Congress' charge that the Madhya Pradesh government was not permitting party president Sonia Gandhi to hold a public rally here, a minister Wednesday said he was ready to not only help arrange the meet but also to arrange a large crowd.In the war of words soon after Tuesday's announcement of the assembly polls in the state on Nov 25, state Congress president Suresh Pachouri had accused the Bharatiya Janata Party BJP government in the state of pressuring the bureaucracy not to provide land for Gandhi's rally, scheduled for Sunday. In response, state Public Works Minister Kailash Vijaygargiya said Wednesday, "why talk about the venue, I am ready even to extend help to arrange a large crowd for Gandhi's public meeting at Bhopal or elsewhere in Madhya Pradesh, if the Congress wished so."Denying Pachouri's allegation that the government had influenced police authorities for not providing the historic Lal Parade ground here for Gandhi's public meeting, Vijayvargiya told reporters: "The police had offered to make the ground available on any day after Oct 21 as preparations were already under way for the Police Commemoration Day parade." Vijayvargiya also advised the Congress to opt for the Jamboree Maidan in the BHEL township area where BJP leader L.K. Advani recently addressed a public meeting. --Indo-Asian News Servicess/am/vm237 Words*15102232
2008-10-15 13:09:07PNB slashes interest rate, bankers welcome CRR cut
ECO21Economy/Business/EconomyPNB slashes interest rate, bankers welcome CRR cutMumbai, Oct 15 IANS The state-run Punjab National Bank Wedensday night decided to reduce interest rates on housing and car loans by 50 basis points after the Reserve Bank of India slashed the Cash Reserve Ratio CRR again.PNB chairman and managing director K.C. Chakrabarty said: "Our bank is the first bank to reduce interest rate on the above loans to pass the CRR cut benefits to our customers."Earlier in the day, the central bank further cut the CRR by 100 basis points to 6.5 percent to release Rs. 40,000 crore or Rs. 400 billion over $10 billion into the system. RBI had earlier cut CRR or the minimum balance banks have to maintain against deposits to 7.5 percent.The bankers welcomed the RBI move but said the softening of interest rates will take some time.ICICI Bank joint managing director Chanda Kochar said: "A CRR cut was needed. I don't see this will have any impact on deposit rates or lending rates."Indian Overseas Bank chairman and managing director S.A. Bhat said, "This Rs.400 billion induction of liquidity is certainly a welcome step. But I Still feel the industry is short of Rs.200 billion."Bank of India chairman and managing director T.S. Narayansami said: "This is to fight the liquidity crunch that the banking industry is facing. In the immediate future there may not be a surplus of liquidity but it will be a well balanced situation."--Indo-Asian News Servicevb/am273 Words*15102225
2008-10-15 13:01:07West Bengal opposition's anti-industry stand decried
NAT74National/Politics/Business/EconomyWest Bengal opposition's anti-industry stand decriedKolkata, Oct 15 IANS Supporting the industrial drive of the ruling Left Front government in West Bengal, the All India Kisan Sabha AIKS - the peasants' wing of the Communist Party of India-Marxist CPI-M - Wednesday slammed the opposition parties for agitating against the economic development of the state. "We strongly condemn the stand of some political parties that are opposing the industrial progress of the state. Industry is important in terms of bringing economic reforms in our society," AIKS state secretary Samar Baora told IANS. He said the front would carry out a nationwide campaign from November, protesting the anti-people policies of the central government. "We'll inform people about the importance of industrial development in our country. We'll also tell them about the recent economic crisis also," Baora said as a two-day national conference of AIKS concluded here Wednesday. "Some opposition political forces are trying to hinder the economic growth of West Bengal. On behalf of the AIKS West Bengal state committee, we are conducting several interactive sessions at the district level to inform people about the significance of industries in our state.Automobile major Tata Motors had relocated their small car plant in Singur to Gujarat following relentless protests by West Bengal Opposition Leader Mamata Banerjee. Tata Motors Oct 3 announced it was pulling out its Nano project from the troubled Singur region and blamed Banerjee for the "regretful" decision. "All AIKS state committees would observe a weeklong agitation in their respective regions, protesting issues like the agricultural crisis and anti-people policies of the union government," said Baora, who is also the All India joint secretary of AIKS. --Indo-Asian News Servicesb/mv/vm300 Words15102253
2008-10-15 13:07:07
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