Mohit sexena : THE pressure on the rupee will continue as long as the stalemate in the European debt crisis lasts and the policy paralysis continues in India, according to forex experts. That the Reserve Bank of India (RBI) does not have sufficient reserves to support the rupee will add to the woes in the coming days, say bankers.
The economic slowdown, rising fiscal deficit and the widening current account deficit will continue to dent investor confidence.
Worries that the European debt crisis could exacerbate the slowdown in India will continue to put pressure on the risk-averse foreign institutional investors (FIIs). This is resulting in dollars being drained out from emerging economies like India.
On Tuesday, the rupee fell to record low of Rs 53.52 a dollar but pared some of the losses to close at Rs 53.23, down 0.7 per cent from Monday’s close of Rs 52.84.
Jamal Mecklai, chief executive officer of Mecklai Financial Services, told Financial Chronicle that the rupee was being battered by the European crisis. “We are no longer insulated from the European crisis, and unless some solution to the debt crisis emerges there seems to be no support for the rupee. The lack of reforms and inflation will continue to make investors risk averse.” He, however, did not hazard a guess on where the rupee could go.
The currency fell to Rs 52.73 on November 22, and is down nearly 17 per cent from its peak in July. In November alone, it lost 7 per cent, the worst monthly fall in over 15 years.
The volatility of the exchange rate is a reflection of the health of the economy and the confidence, or rather the lack of it, that foreign investors have in India’s growth.
K Prabhakar, senior vice-president and research head of Anand Rathi, recently told Financial Chronicle that the situation would worsen immediately.
“RBI cannot intervene since it does not have enough money to do so. The rupee is expected to fall further to Rs 56 to Rs 58 in a few months,” Prabhakar said.
Vivek Mhatre, trading head of Union Bank of India, said, “Companies which have foreign currency convertible bonds (FCCBs) will be impacted first, particularly if the conversion is near, as the stock markets are down and they will have to settle the dues in dollars. Even exporters and software companies that have bought forward hedges will suffer, as they could not have hedged beyond Rs 49 or Rs 50 to a dollar. The volatility in the exchange rate is the reflection of the overall state of the economy.”
Partha Bhattacharyya, group treasurer with Essar Investment said, “On account of faltering domestic economic fundamentals like widening trade deficit and slowing growth, coupled with global risk aversion triggered by euro zone debt crisis, the outlook for rupee remains bearish in the short run. The weak rupee would add to the inflationary pressures in the economy. The outlook may reverse if the risk sentiment improves globally and Indian policy makers initiate measures to spur growth, which would attract foreign capital flows into India. Fundamentally, India continues to be a good investment destination."
Exporters aren’t really cheering. Sanjay Budhia, MD, Patton group and chairman of the CII national committee on exports, said, “It’s a myth that exporters gain when Indian currency falls. A falling rupee does not necessarily mean a gain for exporters. The ground reality is that as much as 90 per cent of this gain is taken away by imports or import parity rates. Extreme volatility on any side is not good for anybody.”
Ramu Deora, president of the Federation of the Indian Export Organisation, said, “About 50 per cent of exporters who had hedged their currency are at a loss as the cost of imported raw materials has gone up significantly. Exporters are not able to book raw material contracts or make long-term commitments on exports. This has resulted in lower industrial production.”
Companies across the board will be impacted as they would have an import or export or foreign currency borrowing or a forward contract.
Auto companies, already reeling under of rising commodity costs, are specially worried. “The falling rupee is hitting the bottom line the hardest as the industry is heavily dependent on imports. Manufacturers have no option but to increase car prices and most companies have already decided to do so in January,” said P Balendran, vice-president of General Motors India. General Motors plans to raise prices of its cars by up to 2 per cent. The increase for its highest selling Beat will be Rs 15,000.
Shashank Srivastava, chief general manager of marketing of Maruti, said both the falling rupee and the yen appreciation had put a huge pressure on the company’s margins. “We have to increase prices but when and by how much is what we have to decide.”
Jnaneswar Sen, senior vice president of marketing and sales of Honda Siel, said, “We hedge our exports and imports for a certain period. For a short term there is no problem. But in this case the depreciation has been going on for a longer period. This will impact our bottom line.”
The rupee tumble has a direct impact on IT hardware in India, Alok Bharadwaj, president of the Manufacturers’ Association for Information and Technology, said.
Sonata’s chief financial officer, N Venkataraman, said that companies that had kept their options open would see windfall gains. “But most companies would have taken forward at Rs 48 or Rs 49. Those that have FCCBs will find the conversion rates a matter of worry.”
Mindtree’s CFO, Rostow Ravana, said it is true that most IT companies will gain that cannot be sustained.
By Mohit Sexena : Anna Hazare's new call for the Right to recall parliamentarians isn't receiving much political support. Political leaders and constitutional experts say it cannot be implemented - But is there an example in other democracies?
Having called off his 13-day long fast on Sunday, Anna Hazare is now giving a lot of food for thought to parliamentarians. He now wants to work on a Right to recall - an idea that has already been rejected by elected representatives.
What if a MP is elected with 30 percent vote, 70 percent would then jump and seek recall. It was an idea that was dismissed by JP, said Subramaniyam Swamy, President, Janata Party.
It's impractical, can't implement even at Panchayat level. People who are advocating this need to understand India first," said Vyalar Ravi.
The first successful recall took place in 1911 of Mayor of Seattle, the recall of elected representatives is already in existence in 9 states in America.
Hollywood Star Arnold Schwarzenegger was amongst the most high profile individuals to have been elected in 2003, in a special recall election to replace then Governor Gray Davis.
In India, states of Bihar, Punjab, Madhya Pradesh are some of the states that has Right to recall at the Panchayat level.
Anna also wants the government to look at the possibility of evolving a Right to reject for the voters. It implies that at the time of voting, voters should also have the option - none of the mentioned parties.
"Right to reject seems relatively more practical," said Congress leader Salman Khurshid.
"When the larger issue of electoral reforms comes in, it can be considered in the larger interest of politics," said BJP leader Murli Manohar Joshi.
The government would definitely try to avoid another confrontation with Anna Hazare, it would not want to be on the wrong side of any people's movement. So in case of electoral reforms, it may well take a lead and not be caught on the back foot again.
By mohitsexenapbt : New Delhi: The CBI special court hearing the 2G scam case will give its decision on Kanimozhi's bail plea on May 14.
The Tamil Nadu Chief Minister's daughter had applied for bail via her high-profile lawyer, Ram Jethmalani, on Friday. The CBI opposed her bail plea in court today.
"Kanimozhi is the controlling mind behind Kalaignar TV. Behind the scenes, she took the decisions," Special Public Prosecutor UU Lalit told the court on behalf of the CBI.
"She had been in regular touch with Raja regarding the launch of Kalaignar TV. He lobbied with the Information and Broadcasting Ministry for permits for Kalaignar TV. Kanimozhi was the active brain behind the channel. If a family controls 80% stake in a company, it's hard to believe that anyone else can be the brain behind it," he added.
If denied bail, the DMK Rajya Sabha MP will go to jail. "Let us see what happens in court, she said as she arrived for the hearing earlier this morning.
Kanimozhi has been accused by the CBI of accepting a bribe along with her party man, A Raja, who was Telecom Minister and is now in jail for allegedly designing India's biggest scam birthed during the allocation of spectrum and licenses in 2008. (Read: Who is Kanimozhi
In court on Friday, Kanimozhi appeared relaxed and was seen smiling as she talked to her husband and senior leaders of her party like TR Baalu. Not everyone was as collected though - a DMK MP named Adi Shankar fainted in court.
Kanimozhi told NDTV on Thursday that she does not expect "leniency or special treatment because she is a woman." All the people chargesheeted in the 2G scam so far have been denied bail and are in jail, among them the executives of some of India's biggest telecom companies. Mr Jethmalani, however, said that legal guidelines state that "women, old people, children should normally be granted bail." Listing the reasons that his client qualifies for bail, Mr Jethmalani said, "She's a law-abiding citizen, an MP and a woman." (Watch: 'Prepared for worst,' says Kanimozhi)
He also said that Kanimozhi is being targeted because she is the daughter of M Karunanidhi, who heads the DMK and is hoping to be re-elected as the Tamil Nadu Chief Minister - the results of the recently-held elections will be declared on May 13.
Ms Kanimozhi is part owner of a TV channel that allegedly became the landing strip for a 214-crore bribe paid by a telecom company to Mr Raja in return for a mobile network license and spectrum. She has argued that she was not an active participant in the company. The CBI has refused this explanation in its chargesheet. In an interview to NDTV on Thursday, Kanimozhi said that she is "prepared for the worst" and will respect the court's decision.
Mr Jethmalani said on Friday, "The allegation is Swan Telecom paid a bribe to Kalaignar TV. Assuming for a moment that it was at Raja's instance that Swan paid Kalaignar TV, what is the offence committed here? She's just a shareholder in the company. Not even a majority shareholder. She just has a 20% equity. The CBI is trying to create prejudice against her." He stressed, "It's only the Board of Directors who control the company and they alone can be held for criminal liability." Mr Jethmalani passed the buck for the financial affairs of Kalaignar TV to its Managing Director, Sharath Kumar. Like Kanimozhi, Mr Kumar owns 20% of the channel and has been chargesheeted by the CBI. (Read: Will DMK sacrifice Raja to save Kanimozhi
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By punemsexesena :After Osama Bin Laden's death, MensXP tells you about the ten of the most wanted terrorists whose names feature in the FBI's Most Wanted Terrorists List.
The United States has finally inflicted a solid wound to their numero uno enemy, the Al-Qaeda. In a night-raid carried out at a location barely a few kilometers away from the Pakistani capital Islamabad, Osama bin Laden was killed in a dramatic CIA-led operation which involved extensive use of helicopters and ground troops.
The most dreaded terrorist in the world until now, Bin Laden gained attention in September of 2001, when the attacks on the United States left as many as 3,000 people dead and several hundred injured. It was only a matter of time and the man had become one of the most hated and feared men in the world.
After Bin Laden's death, US President Obama told the world “Justice has been done”.
However, even after Osama's death, terrorism continues to remain a major threat to the people across the globe. The Federal Bureau of Investigation (FBI) rolled out a list of most wanted terrorists in late 2001 which has been constantly updated since then. Here's a brief description of ten of most wanted terrorists out of that list which features at least 30 names.
The list also contains the name of Osama Bin Laden, who is now dead.
Usama Bin Laden
Apart from the 9/11 attacks, the Saudi-born dissident was also wanted in connection with August 7, 1998, bombings of the United States embassies in Dar es Salaam, Tanzania and Nairobi, Kenya. The Al-Qaeda leader was also a suspect in various other terror attacks throughout the world.
Bin Laden was a southpaw who walked with a cane. After 9/11 attacks the United States launched several operations to track the man. But they were not to taste success until 10 years. He had a reward of about $27 million dollars on his head and operated under eight alias names.
Adam Yahiye Gadhan
Born as Adam Pearlman in California, US, he converted to Islam in his teens. He is reported to be the cultural interpreter, spokesperson, and media advisor for the terrorist group Al-Qaeda. He has been indicted of treason and material support to Al-Qaeda and is said to be involved in numerous terrorist activities.
Gadahn has scars on his chest and right forearm and operates under eight aliases. The Rewards for Justice Program, United States Department of State, is offering a reward of up to a million dollars for information leading to the arrest of Gadahn.
Daniel Andreas San Diego
He is wanted for his alleged involvement in the bombing of two office buildings in San Francisco. A vegan, he is known to be linked to animal rights extremist groups. The man wears glasses, is adept at sailing and is always expected to be armed.
He is reported to have at least three tattoos on his bodies. He has three alias names as well. The FBI is offering a reward of up to $250,000 for information leading directly to the arrest of San Diego.
Ayman Al-Zawahiri
Currently the leader of Al-Qaeda, he is reportedly a qualified surgeon who has a deep and radical understanding of Islamic theology and Islamic history. Al-Zawahiri has been indicted for his alleged role in the August 7, 1998 bombings of the US embassies in Dar es Salaam, Tanzania and Nairobi, Kenya. Egyptian Islamic Jihad (EIJ), the group he founded merged with Al-Qaeda in 1998 under his leadership.
Operating under 12 alias names, Al-Zawahiri can speak Arabic, English and French. The Rewards for Justice Program, United States Department of State, has offered a reward of up to $25 million for information leading directly to the apprehension or the conviction of Ayman Al-Zawahiri.
Fahd Mohammed Ahmed Al-Quso
The man is wanted by the FBI, the Interpol and the US Department of State. He has been indicted in the Southern District of New York for his role in the October 12, 2000, bombing of the USS Cole in Aden, Yemen in which 17 Americal sailors lost their lives.
Al-Quso is believed to be hiding in the mountains of Yemen. He operates under nine aliases. The Rewards For Justice Program, United States Department of State, is offering a reward of up to $5 million for information leading directly to the apprehension or conviction, in any country, of Fahd Mohammed Ahmed Al-Quso.
Husayn Muhammad Al-Umari
He has been indicted for his alleged role in the August 11, 1982 bombing of Pan Am Flight 830, while it was en route from Japan to Hawaii. A mechanic and explosives expert, he formed an organisation in 1979 whose mission was to promote the Palestinian cause through violence towards the supporters of Israel.
A holder of Lebanese passport, Al-Umari has three alias names. He has a scar on the fingers of his right and one on his left hand in the web between the thumb and the index finger. A reward of up to $5 million is being offered by United States Department of State for information about Al-Umari.
Anas Al-Liby
Born in Tripoli, Libya, Al-Liby is under indictment in the United States for his part in the 1998 United States embassy bombings. He has worked as a computer specialist for Al-Qaeda. He recently lived in the United Kingdom where he was granted political asylum.
Al-Liby has a scar on the left side of his face and operates under at least four alias names. The reward on him offered by the United States Department of State is about $5 million.
Wadoud Muhammad Hafiz Al-Turki
Born in Iraq, Al-Turki faced indictment for his alleged role in September 5, 1986 hijacking of Pan American World Airways Flight 73 during a stop in Karachi, Pakistan. 20 passengers and crew members were killed in the attack.
The man is a heavy smoker and is believed to be residing in a Middle Eastern country. He has five alias names and there is a reward of up to $5 million on offer for information related to him.
Ahmed Ibrahim Al-Mughassil
This man is wanted by the United States government for his alleged involvement in the June 25, 1996 attack on Khobar Towers military housing complex near Dhahran, Saudi Arabia. The attacks claimed the life of 19 US Air Force personnels and one local.
Al-Mughassil has been identified as the head of military wing of the Pro-Iran Saudi Hizbullah. He has just one alias name and the US Department of State has offered a reward of up to $5 million dollars for him.
Abdul Rehman Yasin
Born in Bloomington, Indiana, US, Yasin is of Iraqi heritage. He is wanted for his alleged participation in the terrorist bombing of the World Trade Centre, New York City in February of 1993. The bombing led to six deaths, wounding of several individuals, and intense damage to property. He is believed to be held as a prisoner in Iraq since 1994.
FBI reports that Yasin epileptic. He is believed to have a chemical burn scar on his right thigh and operates under at least four alias names. The US Department of State has offered a reward of up to $5 million for information leading directly to the apprehension or conviction of Yasin. (MensXP.com)
Also read: Obama Music in Indian Parliament, Celebs Laud Osama Bin Laden's Death
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By mohit:The former Union Law Minister and senior advocate, Shanti Bhushan, on Monday moved the Supreme Court for a directive to initiate contempt proceedings against the former Samajwadi Party leader, Amar Singh, for allegedly fabricating a compact disc containing his conversations with him and party president Mulayam Singh.
In his application, Mr. Shanti Bhushan said: “The alleged contents of the CD have been fabricated with a malicious intention to interfere with the administration of justice as it tries to create an impression that a particular Bench of the Supreme Court [one of the judges of this court has been named in the CD by the contemnor] can be managed through the informant's son [Prashant Bhushan].
“The object behind fabricating the said CD is quite sinister as the attempt is apparently to derail the hearing of all important cases being/have been argued by the informant's son — before that particular Bench [of Justice G.S. Singhvi and A.K. Ganguly] — and thus, interfere with the administration of justice and to attempt to interfere with the continued hearing/judgment in important cases of public interest in which judgment has been reserved by that particular Bench,” he said.
Mr. Shanti Bhushan pointed out that one of the public interest cases in which judgment was reserved was that relating to the release in the public domain of the contemnor's tape-recorded conversations. “The attempt seems to be to try and make the judge recuse himself from the case by adding his name and suggesting that Mr. Prashant Bhushan is on very good terms with the judge and is in a position to influence him. This is totally false, and the scurrilous suggestion is a clear attempt to embarrass the judge and to interfere with the administration of justice.
Quoting from the reports by two renowned laboratories to show that the CD was fabricated through splicing of different conversations, he said: “Once it becomes clear that the CD is fabricated, the question then arises as to who has fabricated this CD.
He said: “It seems clear that Mr. Amar Singh must be involsexenapbt@ved in this fabrication as he states in the purported conversation that Mr. Shanti Bhushan is sitting with him. The fact of the matter is that the informant has never met the alleged contemnor, and, therefore, if this sentence is continuous and is, as it seems to be in Mr. Amar Singh's voice, then clearly Mr. Amar Singh has either engineered the CD or has cooperated in its fabrication. Thus, he has been made an alleged contemnor in this information which is being led before this court.
He said: “Further, such a CD could only have been made with the help of various other persons, including experts in the field, and this is the result of a clear conspiracy. It is thus imperative that an investigation be directed to be done by a special investigation team which will… establish who are the persons involved in this serious conspiracy to interfere in the administration of justice.
The applicant said “the act of fabricating the CD and then sending it anonymously to various news channels and newspapers is a serious attempt to bring not only the informant but also the judiciary under the cloud, and needs to be taken serious cognisance of.
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By Mohit Sexena-Veteran social activist Anna Hazare, who has vowed to fast unto death, reaches Jantar Mantar with his supporters to press for a stronger anti-graft Lokpal Bill through greater involvement of civil society in its formulation. Earlier he was at the Mahatma Gandhi's memorial at Rajghat. The Magsaysay A
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* Activists want fresh Lokpal Bill draft, talks with govt fail
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* Anna Hazare supporters in Maharashtra on hunger strike
ward winner activist, along with supporters, reached Mahatma Gandhi's memorial at Rajghat at 10 a.m., after which he is expected to stage a march from India Gate to the Jantar Mantar, a stone's throw from Parliament House, where Hazare will begin his fast.
Those accompanying Hazare include Right To Information (RTI) activist Arind Kejriwal and former top cop Kiran Bedi.
"I will fast unto death as announced earlier, as the prime minister has refused to form a joint committee with civil society members in it for the formulation of the Lokpal Bill. Even if I lose my life, I will have no regret, my life is dedicated to the nation," Hazare had said at a press meet earlier.
Hazare and several other civil society activists are pressing for adoption of an alternate bill, called Jan Lokpal Bill.
The Jan Lokpal Bill calls for setting up ombudsmen - Lokpal and Lokayuktas (in states) - independent of the government's control in order to check corruption in public life.
Activists say investigations by ombudsmen should be completed in one year and there should be a minimum jail term of five years and maximum punishment of life imprisonment.
The government's version, however, recommends a prison term of a minimum six months and a maximum punishment of seven years for corruption.
Hundredrs of supporters have already gathered at Rajghat, India Gate and Jantar Mantar where Hazare will be staging his protest march.
Prime Minister Manmohan Singh had Monday expressed "deep disappointment" over Hazare's decision to go ahead with the planned hunger strike, but said he had enormous respect for the social worker and his mission.
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By mohit sexena-New York, (ANI): An 11-year-old American schoolboy, Osman Daramy, has been arrested and charged with assault as a hate crime for trying to rip the religious headscarf of a Muslim classmate in New York.
The boy, a sixth grader at Berta Dreyfus Intermediate School, has a history of harassing the girl, taunting her and threatening her on at least four separate occasions, police said.
The girl alleged that Osman and an unidentified girl tormented her for three months.
"They just attacked me. They called me terrorist. They called me Muslim. I'm afraid they might come back and beat me again," the New York Daily News quoted the girl, as saying.
"They kicked and punched me. I said, 'Leave me alone'. And he said, 'I won't.' He tried to pull off [my head] scarf, but I grabbed it and it didn't come off," she added.
Osman was charged with third-degree assault as a hate crime. Cops are looking for his accomplice.
Prosecutor Theresa Wilson described Osman as a pre-teen terror who harassed the same female Muslim classmate four separate times.
In the first attack, Osman "approached the victim and asked her if she was Muslim", Wilson said.
"She said leave me alone. The defendant then punched and kicked the victim. The defendant said she had a bruised lip and that her mouth was busted. It was not one incident. It was a continued course of behavior," she added.
Meanwhile, Osman's father Frank Davies said that he couldn't be responsible for a hate crime because he is Muslim.
"How could a Muslim have another hate crime against another Muslim? Osman is a Muslim...He's just a regular African kid. That's why they are out to get him. He's a victim," Davies said. (ANI)
...
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By Mohit sexena-MUMBAI:chief of Mumbai Regional Congress Committee, is entangled in a fresh controversy following the disclosure that the controversial city-based realtor, D B Realty, deposited Rs 4.5 crore in the account of his son Narendra Mohan.
The details of his links with D B Realty, whose co-promoter Shahid Usman Balwa is in jail in connection with the 2G scam, have come to light in response to a PIL filed by RTI activist Sanjay Tiwari in Bombay High Court.
According to bank documents, the statement of Samata Sahakari Bank accounts in the name of Narendra Mohan and his wife, Ankita, show four deposits by D B Realty, amounting to Rs 4.5 crore during 2008-09.
On March 3, the High Court directed Enforcement Directorate, Income-Tax department and anti-corruption branch to investigate Kripashankar Singh's business dealings with Balwa. Both Dynamix Realty and Kripashankar sought to explain the transaction as a loan which had been repaid.
"Dynamix Realty had given a loan to Narendra Mohan Singh which has been repaid to the company on March 12, 2010," said a company spokesperson.
Narendra Mohan spoke in the same vein. "It's a fact that I had taken loan of Rs 4.5 crore from Dynamix Realty for business purpose. However, since our plan did not materialize, I returned the entire amount. All transactions are reflected in my accounts and I-T returns' books. It will be wrong to link the transaction with the 2G scam," Singh Jr told TOI.
He added that since he was entering into a business deal with Dynamix Realty, he had sought loan from the company.
Accordingly, between 2008 and 2009, a total of Rs 4.5 crore was paid to him. The first cheque of Rs 50 lakh was received by him on August 23, 2008, followed by another cheque of Rs two crore on June 1, 2009, and two more of Rs one crore each on February 10 and 27, 2009.
"It was a business proposal. Our transaction failed. Hence, I had to return the money. We repaid the entire amount before March 13, 2010," he said.
This is the second time that DB Realty has sought to explain transfer of funds to kin of politicians as related to business transaction that was later abandoned.
In the earlier instance, D B Realty was found to have transferred Rs 214 crore to Kalaignar TV, owned by second wife and daughter of Tamil Nadu chief minister M Karunanidhi.
The Enforcement Directorate, which uncovered the dealing, is probing whether the money deposited in Kaliagnar TV — a political project of DMK — was in exchange for the spectrum license that Karunanidhi's nominee A Raja had granted to Swan-promoted by Balwa.
D B Realty and Kalignar TV insist the money was for a business venture, which did not materialize, and it has been returned.
Sources also said the Congress high command is likely to abide by Trinamool chief Mamata Banerjee's decision to give her ally only 64 seats of the 294-seat Assembly. The Congress can get one more, sources said, taking its tally to 65.
Earlier in the day, a senior party leader had said the Congress has three lists ready, including one for all 294 constituencies.
Later in the day, Sonia Gandhi met Finance Minister Pranab Mukherjee and her Political Secretary Ahmed Patel and thrashed out the best way to resolve the issue. The Congress has all along wanted 90 seats but Mamata was ready to give only 64.
There was no official word about what transpired at the hour-long meeting between Gandhi and Mukhejee. Mukherjee then spoke to Banerjee on the phone and conveyed Gandhi's views on the issue.
In the morning, Congress leader Shakeel Ahmed had said the party wanted an alliance with the Trinamool Congress but at the same time had prepared a contingency plan to contest all Bengal seats.
Banerjee had sprung a surprise on the Congress on Friday by unilaterally announcing her party's decision to contest 228 seats.
Trinamool had made the announcement despite Congress seeking some more time as it could not reach a consensus on either the number of seats or the constituencies to be shared.
Acknowledging the stalemate, Ahmed today said, "We still do not have a consensus on the number of seats as well as the constituencies including some held by Congress. That's why there are differences in our perception.
By Mohit sexena-The Supreme Court on Saturday stayed the criminal proceedings against dentist couple Rajesh and Nupur Talwar in the case relating to the murder of their daughter Aarushi and domestic help Hemraj in 2008.
The court also asked the couple to surrender their passports before the trial court by Monday.
The bench of Justices B Sudershan Reddy and S S Nijjar stayed all the proceedings relating to the summoning of Talwar couple and bailable warrants issued against them by a Ghaziabad court.
Earlier in the day, the Talwars approached the apex court seeking stay of criminal proceedings against them in the case and challenging the order of the Allahabad High Court which refused to stay the proceedings before a special CBI court in Ghaziabad in the case.
The Allahabad High Court had yesterday dismissed their plea seeking quashing of the proceedings initiated by the lower court which not only refused the closure report of CBI but also summoned them as accused in the case.
The High Court had said that it cannot prohibit the magistrate from taking cognisance of a case if prima facie it appears that there is sufficient evidence against a person.
The High Court had asked Nupur, who submitted she had been summoned despite never having been called for interrogation or having been named as an accused in CBI's closure report, to appear before the trial court within two weeks.
Another petition filed by Rajesh Talwar challenging bailable warrants issued by the Ghaziabad court on February 28 was dismissed by Justice Ravindra Singh.
... contd.
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By Mohit sexena-TOKYO: A monster earthquake-cum-tsunami, followed by spiraling nuclear radiation, and now, the looming threat of an exodus from Japan. France on Wednesday became the first country to sound the alarm, saying Japan was losing control of the situation at the Fukushima nuclear power plant and there was no reason for optimism. As multinational corporations readied evacuation plans and China and India began special flights to bring back nationals who wished to return, France forcefully urged its nationals in Tokyo to leave the country or head to southern Japan to escape risk of radiation.
L&T Infotech on Wednesday became the latest Indian IT company to announce it's evacuating its 185 employees and their employees. And the Indian government began facilitating the return of its nationals even as it stressed there was no need for pulling out yet. Air India will operate a daily special flight for the next four days from Tokyo to Delhi for those willing to pay for their way out. India's ambassador to Japan Alok Prasad said the 25,000-strong community was in and around Tokyo; around 30 who had been stranded in worst-hit Sendai city had been brought to Tokyo.
Foreign firms have set up evacuation plans in Tokyo and parts of northern Japan. Peugeot, the French partner of Japanese carmaker Nissan Motor, said around 230 employees had been given the opportunity to leave with their families. Rival Daimler said the evacuation of the families of 60 expat workers was being arranged.
"Let's not beat about the bush. They have visibly lost the essential of control (of the situation). That is our analysis, in any case, it's not what they are saying," French industry minister Eric Besson said on TV. Environment minister Nathalie Kosciusko-Morizet backed him, saying the situation in Japan was a "catastrophe" and the latest information on Wednesday "does not lead to optimism". France, however, clarified that there was no official evacuation
order.
Mohit sexena.New Delhi
Directorate General of Civil Aviation (DGCA) to get the fake marks-sheet based on the license after the discovery of four pilots have started large-scale investigation. In the first phase of the 550 pilots of the documents being investigated, who 15 months, airline transport pilot license (Attipieel) are achieved. Other pilots will then check the license. 4 thousand pilots in the country.
DG DGCA EK Bharat Bhushan said that all pilots licensed Czech will be in phases because it linked to passenger safety issue. It will not be negligent. Some license check has been started. Lack them or suspected them to be transferred to the Crime Branch of Delhi Police. DGCA says that all pilots licensed to be examined, whether commercial pilot license or Attipieel again.
Parminder Kaur Gulati Indigo recent pilot and the pilot of Air India Jitender Verma Krishna with the help of fake marks-sheet to acquire licenses have been arrested. Questioning them to find out the crime branch to get the fake marks-sheet, he spent 10 to 12 lakh.
Crime Branch sources say that is still under investigation. The DGCA officials found no action will be taken against her. We are investigating from all angles. Also to be seen whether brokers are also active in getting the license.
Sources say that the issue of the DGCA must have some staff feel involved. While the Crime Branch DCP Ashok Chand Ssdhe words say that the investigation came out many things are coming. Pilot Verma interrogation to find out that he was licensed in 2009 from Florida Attipieel. But Indian Attipieel it was converted to a paper to make. He failed in this paper. He then planting fake marks-sheet acquired the license.
He escaped the two pilots will also be arrested soon. Former DG DGCA Kanu Gohain say that it is very serious matter. If that happens then it will break people's trust.
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Came to Japan after the devastating earthquake and tsunami there radiation in nuclear reactors, all its nuclear plants after India preventive ... Reed More - Here
By Mohit-The judge decided the dismissal of another seal Alikhwane
New Delhi .. Ghost Writer in the literary world with yet another book Alikhwane ie the trend used to be common, but perhaps it is the first case in the Indian Judisaraie system Alikhwane of your decision to another has emerged. Jharkhand, a trial court judge in charge of another Alikhwane your decision have been shown the way out.... Reed More - Here
Du student Radhika Tanwar's Killer identifled,2held.Police
Delhi Police on Friday detained two persons for allegedly harbouring and helping the "stalker" who shot dead Delhi University student Radhika Tanwar and said it will shortly nab the main suspect. Police sources indicated that they have zeroed in on the main suspect after detention of his associates... Reed More - Here
Skype telecommunications ministry this question, including Google have all operators whose services are not able to monitor the security agencies are unable to. In the country, Bharti Airtel, Vodafone, Idea, Reliance Communications, Tata and MTNL, including two public companies Bsneenal and eight operators are offering the BlackBerry service.
Before the government by the end March deadline had rim. The Blackberry Enterprise monitoring service available for a period not get make it a condition of service in India too was laid off.
According to a senior official of the Ministry of the rim on the issue from the government was constantly getting new deadline. But now the company has decided to ask how long the monitor can provide a solution. Accessible solution to the given date in India on hold ministry will decide to close the BlackBerry Enterprise Service.
Meanwhile, the Telecom Ministry and National Technical Research Organisation are making together a software monitor in the coming years related to security agencies to help solve the problem. Noted that BlackBerry customers are constantly growing in the country. Figure has risen above 10 million.
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by mohit-Now your online shopping on credit card be sure to remove threats solution has arrived. Virtual using credit cards.
What are the virtual credit card
Well then use virtual credit card last seven - eight years continues, but the trouble due to over use any of the users is not popular. Ace as well - it only applied to isolated banks, but the credit cards online hacking and fraud began to grow, the extra security options as virtual credit cards grew the vogue now.
The name, of course, the card is not physical existence. For you by adding your actual credit card or bank account through a computer application or log into your account online is to create virtual credit card. In this way a virtual credit card number and password that you have generated any kind on the Internet for online shopping or bill payment can. Virtual credit cards are also other qualities such as these one time, limiting maximum plus payment or can be generated for limited period so that after a while or after using it once automatically be left for work. This way the user has to provide additional security.
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The driver was hospitalized in critical condition Haalet where his condition is out of danger specified. Is a team of doctors treating him. Efforts by blockade of the attackers are arrested.
Misra of Kanpur is home to the civil line area and the Bahujan Samaj Party leader Satish Chandra Mishra, the brother of the relationship. Mishra's family lives here. Tripathi said the minister's family members last night to get food sent to the driver Arynagr.
Minister's car to rob the news and the police machinery swung into action at night as officials sealed the city had started to search vehicles. But have not arrested anyone yet, nor has the car could be recovered. According to police sources, some of the doubt is being questioned.
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About 12 pm Wednesday by three unidentified gunmen gunned down outside his house to the furnace and killed. Islamabad Inspector General of Police Wajid Durrani said the ministers generally are given a security squad, but the furnace to protect the two squads were deployed. But killing time with them did not exist a single security. IG said that the oven in the morning to meet his parents were murdered and there was time to leave. Responsibility for the murder Tehreek - e - Taliban and Pakistan have said that blaspheme against the law to his murder.
The manner in which attackers killed the minister, is clear to him that he knew the fact that the Minister does not exist any security. Three attackers indiscriminately firing not only at the Minister's car, but after firing two attackers tried to pull out injured Minister gate opening. 10 kiln fire began. Clearly, no longer fear the furnace fire at the attackers are Brasate. IG said that initial inquiries revealed that the furnace itself with the security personnel were instructed not to come. But the issue continues to investigate.
Shahbaz Bhatti knew that the very serious threat to his life and he video taped his speech to the British Broadcasting Corp. and Al Jazeera was given. He said that the tape be released after his murder.
The Pope also asked why was not security
The Vatican said the pope's spokesman Faiderico Lawmabardi oven to condemn the killing they have no words. He also said his life was in danger, but killing a guard while they did not exist. He appealed to the Pakistani government provided full protection to the minority Christian community.
The prime minister ordered an inquiry
Pakistani President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani strongly condemned the killing. The President has asked the entire incident report, the Prime Minister has ordered a probe.
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By Mohit sexena-Opposition parties in the 2011-12 railway budget, fully electoral budget termed the Railway Budget budget Bengal's manifesto seems over.
As budget manifesto
Railway Minister Mamata Banerjee today by presenting the Railway Budget 2011-12, the main opposition party responded to the BJP's Ananth Kumar said the railway budget this time seems more Bengal's election budget. Complete the rest of Bengal which has adopted the formula of the poor.
He said none of the Railway Minister of Railways is the country in view of the country so it should create the balanced Railway Budget Railway Budget but affection only West Bengal has made keeping in mind budget, that's why the rail budget Bengal feel more of manifesto.
Ignore the safety of passengers
Yogi Adityanath Arellbjo by the BJP in West Bengal completely designed keeping in mind the budget told the upcoming elections. He has ignored the safety of passengers and just endured announcements are accolades to loot. Dranarayan Pani said Mamata sister so well on women not keeping in mind the country of Bengal could not hold his attention is.
He said the railway budget had neglected the Orissa state government for which to a large extent responsible. Dharmendra Yadav, Bahujan Samajwadi Party said the railway budget this time has been neglected in the Uttar Pradesh West Bengal Railway Budget because it is designed keeping in mind the polls.
Prantwad provoking embarrassing
Samajwadi Party's Mohan Singh said the country's railway budget, railway budget, but a state budget is specifically designed keeping in mind. He said a Union Minister for chest Tokkara Prantwad provoking Let condemned as shameful, which is less. Socialist leader said that the Railway Budget has ignored the required resources to the Indian Railways has gone back at least ten years.
He so cheap and so poor Railway Budget was presented Railway Budget manner never seen before. Congress Jagdmbika Pal designed keeping in mind the general public why the railway budget has not been any increase in passenger fares even though he needs to pay more attention to Gorakhpur in Uttar Pradesh especially.
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By-Mohit sexena-Beijing .. In China, the daughter of a woman to find her nude video for the groom put on the Internet. The action drama is well on her mother's. Being told that the 5 known sites have posted the video nearly 15 million people have seen so far.
Daughter says the woman in the video is shown, 'Look how grown up you and me still want to be washed back. I am for you to find a qualified partner. Tell them the ability to be kind. "
Women also says in video that looks acceptable to me a beggar-law, provided it does help you in bathing.
Then 26-year-old woman in the video says, 'Hello, I'm Lulu Jane. I do not have a boyfriend. It is not because of my ugliness. Unfortunately, no one wants me. What to do? So I need a suitable groom. "
Meanwhile, by this act of female Internet users are terribly upset. The mother told the handiwork of a shameful, so there Stende other publicity described it and that girl sure it will get some modeling contract.
People protest after the mother answered in a video that his daughter is a model and body artist. Struggle for the boyfriend is. I have all the fun and groom to give it to my daughter who does not use it later.
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By Mohit Sexena
Mumbai. Bombay High Court convicted in the Mumbai attacks, Pakistan's affairs
Militants on Monday to decide the fate of Ajmal Khan gunman.
Nine months before the Mumbai attacks, blame was sentenced to death.
Justice Ranjana Desai and Justice RV More gunman yesterday given the Akadpet
Ssunacgee decided to confirm the death sentence. Also, the Mumbai attacks
Two Indians accused of helping the lower court ruling against the acquittal
Maharashtra government on the petition will be ruled yesterday.
Fahim Ahmed Ansari and Sabauddin trial court acquitted the six-May
Off. On the same day accused gunman was.
Gunman himself had filed an appeal against conviction. Court
Yesterday it was confirmation of the death penalty hearing, in addition to the on
Will hear.
Prosecutor Ujjwal Nikam gunman was sentenced to death on a legitimate
A strike by attributes that are the result of LET plot. In its appeal
Gunman argued that the police conspiracy to frame him for the crime
Chowpatty Girgav the fake encounter. He attacks during the Maharashtra ATS chief
Hemant Karkare, police officer Ashok Kamte and encounter specialist Vijay Salaskar
Also denied the murder charges.
At times the gunman video Kafrencing appeared in the High Court. Once
He spit on the camera and the judges that he gave his case
U.S. court wants Aclwana.
The court gunman and his colleagues appear to be involved in terrorist attacks
Twice seen the CCTV footage.
Amin Solkar gunman's lawyer alleged that the gunman by police to trap
Some of the CCTV footage to the press.
Solkar claimed that the terrorist attack gunman CST
Was not included by the prosecution to prove its allegations that
Photos submitted spoke, they have been changed.
Gunman said he November 26, 2008 long before settlement Express
Had come to Delhi, where he later came to Mumbai to see Hindi movies. It
Juhu Beach, was arrested during the attacks. Ch
High Court around security cordon has been very strong and
49 Karamack enter the court room to the media specifically
Have been issued.
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