| July 19, 2009 | ![]() |
the democratic hyperpower |
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India's fraud-hit Satyam to restate accounts for seven years Mumbai (AFP) July 16, 2009
Indian outsourcing firm Satyam Computer said Thursday it was on track to restate accounts going back seven years, after its founder-chairman had admitted to a massive corporate fraud in January. "We are likely to go back (in restating accounts) for at least 6-7 years. Work is in progress," company spokesman Sridhar Maturi told AFP by phone from the firm's headquarters in Hyderabad. ... read moreUS hopes India to reveal location for nuclear plants
Washington (AFP) July 15, 2009The United States hoped Wednesday that India will soon announce the location of two sites for US firms to build multi-billion dollar nuclear power plants, in line with a landmark deal struck last year. The announcement could be made when US Secretary of State Hillary Clinton visits Mumbai and New Delhi from Friday through Monday, according to Robert Blake, her pointman for relations with Ind ... more
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Heavy rain eases Mumbai's water woes
Mumbai (AFP) July 15, 2009Heavy monsoon rains have brought relief to India's financial and entertainment capital Mumbai, helping to ease a water shortage but causing flooding in many parts of the city and travel chaos. A lack of consistent rain since the start of the monsoon season in June left levels dangerously low at the lakes that supply the city with 3.3 billion litres (872 billion US gallons) a day and prompted ... more US hopes India to reveal location for nuclear plants
Washington (AFP) July 15, 2009The United States hoped Wednesday that India will soon announce the location of two sites for US firms to build multi-billion dollar nuclear power plants, in line with a landmark deal struck last year. The announcement could be made when US Secretary of State Hillary Clinton visits Mumbai and New Delhi from Friday through Monday, according to Robert Blake, her point man for relations with In ... more Striking similarities in Tibetan, Xinjiang unrest: experts
Beijing (AFP) July 14, 2009The deadly unrest in China's remote Xinjiang region is strikingly similar to that seen in neighbouring Tibet last year, and so are many of the reasons behind it, experts say. Those at the centre of recent violence in Urumqi, the capital of Xinjiang, and the unrest in the Tibetan capital Lhasa 16 months earlier are ethnic minorities -- Muslim Uighurs and Buddhist Tibetans. Both lashed ... more India's nuclear-powered submarine ready
New Delhi (UPI) Jul 13, 2009 If all goes as planned, India, according to various reports, will soon join the exclusive club of nations with their own domestically built nuclear-powered submarines, marking a giant leap for its naval defense. More than 20 years in the making and until now known only as the Advanced Technology Vehicle project, the Indian navy's new nuclear-powered submarine named INS Chakra is ... more |
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Indian minister says happy with Nepal flood defences
Kathmandu (AFP) July 12, 2009India's water resources minister said here Sunday he was satisfied with flood defences along a river that breached its banks last August, displacing millions of people in Nepal and India. Hundreds of villages were flooded and millions of people lost their homes in southern Nepal and the impoverished northern Indian state of Bihar when the Kosi river broke its banks last August. India's ... more Leading economies agree to battle protectionism, warming
L'Aquila, Italy (AFP) July 9, 2009The world's biggest economies agreed to fight protectionism and limit global warming Thursday as the major emerging powers confronted the Group of Eight rich nations at their Italian summit. Brazil, China, Egypt, India, Mexico and South Africa joined an expanded G8 on its second day, determined that US President Barack Obama and his wealthy partners pay the lion's share of the bill for ... more Mumbai attackers 'depend on Gulf funds'
Dubai, United Arab Emirates (UPI) Jul 8, 2009 Lashkar-e-Toiba, the Pakistan-based Islamist organization blamed for the November 2008 attacks in Mumbai, appears to be challenging al-Qaida as the spearhead of the global jihad, thanks in large part to hefty funding from its networks in the Gulf. According to the Jamestown Foundation, a Washington-based think tank that monitors international terrorism, Indian intelligence investigation ... more Mumbai facing water cuts as lakes run dry
Mumbai (AFP) July 8, 2009India's financial and entertainment capital is facing a 30 percent cut in water supplies, despite an overnight deluge of monsoon rains on Wednesday that left some streets and homes flooded. The civic authorities in Mumbai introduced the reduction on Tuesday as levels ran "precariously low" at the six lakes that supply the city's 18 million population with 3.3 billion litres ... more |
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Bangladesh's tigers stalk uncertain future in Sundarbans
More Nepalis drive electric, evading global fuel shocks
Trump calls Iran talks 'very positive,' US to 'guide' ships through Hormuz |
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