Jaitley promises ‘civilised’ tax regime to attract investment

India will soon raise the foreign investment cap in insurance sector and work for making the tax regime “civilised” to attract overseas investments, Finance Minister Arun Jaitley today said while exuding confidence of achieving 6 per cent growth next fiscal.

Underlining that growth would depend on the states, he talked about cooperative federalism and announced release of Rs 11,000 crore to states in the current fiscal as part payment towards CST compensation to facilitate roll-out of the Goods and Services Tax (GST).

Satyarthi loses Nobel acceptance speech page

Kailash Satyarthi, winner of this year’s Nobel Peace Prize along with Pakistani teenage activist Malala Yousafzai, lost a page of his speech on Wednesday and wondered whether this had happened before to any other Nobel laureate.

“Solutions are not found only in the deliberations in conferences and prescriptions from a distance…Friends what is missing now of course is my (speech) paper,” he said to peels of laughter in the Oslo City Hall where he received the the coveted prize.

“But, no problem, I will continue without that,” the 60-year-old said, quickly regaining composure.

Two persons arrested in Goa with hashish

Two persons, including a Nigerian national, were arrested in the past 24 hours in Goa for possessing drugs, police said Wednesday.

Nigerian national Lawrence Ofum, 25, was arrested at Arambol beach, a popular rave party destination 60 kms north of the capital for possession of hashish, while Deewan Chand, 22, from Kullu district in Himachal Pradesh was arrested at Patnem beach, 90 kms south of Panaji with almost Rs.1 lakh worth of hashish.

Haryana private hospitals to follow land allotment conditions: CM

Haryana Chief Minister Manohar Lal Khattar Wednesday said it will be ensured that private hospitals which got land at concessional rates follow the terms and conditions of land allotment.

He was talking to media here after launching ‘Betiyan Hain Anmol, Inhe Bachao Dil se’ campaign to be run jointly by Heart Care Foundation of India and Medanta – The Medicity.

Under the campaign, infant girls suffering from congenital heart disease and needing surgery will be operated upon free of cost, if their parents are unable to bear the cost.

Ranji Trophy: Railways draw with MP, but clinch 3 points

Railways walked away with three points from their Group A encounter against Madhya Pradesh after the first innings lead proved crucial following a draw between the two sides in the Ranji Trophy cricket tournament here on Wednesday.

Madhya Pradesh had set Railways a target of 212 after being bowled out for 310 in their second innings. The home team was 43/3 in 20 overs when stumps were drawn for the day.

Need to focus, be consistent in play-offs: Habas

Atletico De Kolkata head coach Antonio Lopez Habas says his team played Wednesday’s game against FC Goa here as if it was the final and now needed to focus on consistency in the play-offs.

“We are happy that we have finally made to the playoffs and today we played like we were in the finals,” said Habas after ATK finished 1-1 with FC Goa to move into the play-off where the two sides will again clash for a place in the final.

He said it was a do or die situation for ATK as losing the match could have cost them a slot in the play-offs.

Syria: Success of Russian initiative needs international consensus

The success of the Russian initiative for a political solution in Syria needs an international consensus, a senior Syrian official said Wednesday.

The remarks were made by Syrian Minister of National Reconciliation Ali Haidar as Russian Deputy Foreign Minister Mikhail Bogdanov arrived in Syria’s capital Damascus for meetings with Syrian officials, mainly President Bashar al-Assad, over his country’s efforts to hold a dialogue between the Syrian government and opposition parties in Moscow, Xinhua reported.

SC allows BCCI to put off AGM and polls till Jan 31

The Supreme Court Wednesday allowed the Indian cricket board to postpone its Annual General Meeting (AGM) and elections of the office-bearers till Jan 31, 2015, as the hearing into the allegations of betting and conflict of interest is continuing.

The apex court bench headed by Justice T.S Thakur allowed the postponement of the AGM and the election of the office-bearers as it appeared that the hearing into the matter may not conclude before Dec 17 when the meeting is scheduled to be held.

Pretoria judge allows prosecutors to appeal Pistorius verdict

A South African judge Wednesday granted prosecutors the right to appeal against the acquittal of Paralympic athlete Oscar Pistorius from murder charges.

Pistorius was jailed for five years in October for killing his girlfriend, Reeva Steenkamp. The double-amputee athlete claimed in his defence that he accidentally shot Steenkamp thinking her to be an intruder in his home here.

Judge Thokozile Masipa said prosecutors could appeal against the decision, but not the five-year sentence given for the lesser charge of culpable homicide.

Concern in LS over rising rape incidents

Opposition members in the Lok Sabha on Wednesday expressed concern over the rising rape incidents in the country in the last six months, with a Congress member saying Uber taxis were still plying in Delhi despite ban.

Raising the issue during Zero Hour, Sushmita Dev (Cong) said it was a matter of concern that the order to ban services of the US-based taxi operator in the city has not been enforced properly and demanded action against transport department and police officials.

US embassy warns of possible anti-American protests in Pakistan

The US embassy in Islamabad has warned American nationals in Pakistan against possible anti-American protests after a US Senate committee’s report called the CIA interrogation of Al Qaeda suspects “brutal”.

The report released Tuesday said CIA repeatedly misled the public, Congress and the White House about its aggressive questioning and torture on detainees after the Sep 11, 2001, attacks on the US.

Additional spectrum: Hearing against Mittal, Ruia on Jan 12

The special 2G court today fixed January 12 for hearing a corruption case related to allocation of additional spectrum during NDA rule in 2002 in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Special CBI Judge O P Saini fixed the matter for January 12 after the counsel appearing for accused said that Supreme Court has reserved its verdict on the pleas filed by Mittal and Ruia challenging the March 19, 2013 order of trial court summoning them as accused in the case.

Boxing India hints Laishram Sarita may get some punishment

Boxing India today hinted that Sarita Devi may get some sort of punishment from AIBA but said that it was hoping for her to escape a long-term ban from the international federation so that her career is not affected much and she can compete in 2016 Olympics.

Sarita was provisionally suspended by by the world body (AIBA) after she refused to accept her medal following a controversial semifinal loss in the Asian Games.

Army Commander briefs J&K Guv on security scenario

Western Command Army Commander Lt Gen KJ Singh on Tuesday called on Jammu and Kashmir Governor NN Vohra at the Raj Bhavan here.

Singh briefed the Governor about the security scenario and the recent incident of infiltration in Arnia sector, a Raj Bhawan spokesman said.

Several issues relating to effective internal security management were also discussed at the meeting, he said.
PTI

Rajnath miffed over protests outside his residence

Miffed over a group of people staging protests outside his home, Home Minister Rajnath Singh today conveyed his displeasure at Delhi Police’s “laxity” in stopping them.

Singh summoned Delhi Police Commissioner B S Bassi after yesterday’s incident when the group came to his residence in Ashoka Road in central Delhi to protest the rape of a young girl on Friday night.

“The Home Minister expressed his displeasure and told Bassi to ensure that no such incident occures in future,” sources said.

Andhra clears investment proposals of Rs.3,000 crore

The State Investment Promotion Board (SIPB) of Andhra Pradesh Tuesday cleared investment proposals of Rs.3,000 crore.

The proposals include one paint manufacturing facility in Visakhapatnam by Asian Paints, India’s largest and Asia’s third largest paint company with an investment of Rs.1,818 crore. It will produce four lakh kilo litre of paints per year and create employment for 700 people.

The Gujarat Ambuja Exports Limited (GAEL), a leading manufacture-cum-exporter of agro products, will set-up a maize processing unit in Kurnool district with an investment of Rs.240 crore.

Iraqi leader asks US for more air power, weaponry

Iraqi Prime Minister Haider al-Abadi told US Defence Secretary Chuck Hagel on Tuesday that his army is taking the offencive against the Islamic State group but needs more air power and heavy weaponry to prevail.

Hagel, who flew to Baghdad to get a first-hand report on progress against the Islamic State militants, was holding a series of meetings with top Iraqi government officials and conferring with American military commanders.

He met with al-Abadi at the prime minister’s office after making remarks to a group of US and Australian soldiers at Baghdad International Airport.

Amarinder questions Badal’s age, asks him to step down

A day after Punjab Chief Minister Parkash Singh Badal celebrated his 87th birthday, becoming the oldest serving chief minister in the country, Congress leader Amarinder Singh Tuesday claimed he was much older and asked him to step down.

“It is high time for him (Badal) to quit as he had grown too old to govern the state now,” said Amarinder, the deputy leader of Congress in the Lok Sabha, while extending birthday greetings to the octogenarian Shiromani Akali Dal leader.

Two policemen suspended after guns fail at soldier’s last rites

The Haryana government Tuesday ordered the suspension of two police officials after an embarrassing incident in which police personnel were unable to fire their guns properly at the cremation of an Indian Army soldier in the state’s Jind.

“ASI (assistant sub-inspector) Dharambir Singh (armourer) and head constable Raj Kumar (in-charge guard) were responsible for issuing wrong ammunition to the ‘salami (honour) guard’ for cremation ceremony of martyr Kuldeep Singh at Jind Dec 7. A regular departmental enquiry has been ordered against them,” a police spokesman said here.

India needs to catch up on carbon efficiency: Report

There is need for India to catch up on carbon efficiency developments, according to a climate change performance report.

“National experts in India downgraded their country, which resulted in a drop of six places compared to the previous year,” said the Climate Change Performance Index 2014 report by Germanwatch and Climate Action Network (CAN) Europe which was released Monday at the UN climate conference here.

The report ranked India at the 30th place among countries whose performance was “moderate” in lowering CO2 emissions.

International debating fest puts media under scanner

Senior journalists from India, Pakistan, Bangladesh, Britain and the US will debate on issues ranging from credibility, objectivity of media and social media at a three-day debating festival here beginning Dec 13.

Dubbed as “Kolkata’s festival of the Spoken Word”, the fest will be centred on the theme “Media Under the Scanner”, where the spotlight will be on the role of media and how it was interpreted by the common man today.

PMs shouldn’t go abroad for entertainment value: Kejriwal

Taking a dig at Prime Minister Narendra Modi, Aam Aadmi Party chief Arvind Kejriwal said that Madison Square Garden congregation is not a sign of good foreign policy as Prime Ministers should not go abroad for “entertainment value” but hardcore diplomacy.

Kejriwal addressed about 200 students and faculty at Columbia University at a closed-door event organised by its School of International and Public Affairs during his whirlwind trip to the city on Sunday.

Columbia students who attended the session with the former Delhi chief minister said there was a mixed reaction.

Kashmiris want issues resolved through democratic process: PDP

Expressing satisfaction at the smooth conduct of the third phase of Assembly polls, PDP today said the people of Jammu and Kashmir have shown maturity in this election and sent out a “clear and loud” message that the problems facing the state be resolved through democratic process.

“The people of Jammu and Kashmir have displayed maturity and wisdom in this election and have send out a loud and clear message that they want the problems facing the state resolved through democratic process.

Technical textiles sector poised for 20 percent annual growth

India’s technical textile sector is expected to growth at the rate of 20 percent per annum over the next two years, reinforcing its importance in the national economy and the potential for increasing production and exports in the sector, the government said Tuesday.

Launching the 4th TECHNOTEX-2015, scheduled to be held here next April, union Textiles Minister Santosh Kumar Gangwar said that the government has accorded high priority to the development of the textile sector, which ranks second only to agriculture in terms of employment generation.