Vol XXXVIII (No. 9), 07 Sep 2010
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India to talk to Switzerland on Black Money in Dec.

MIL/Agencies/TOI, Aug 25, 2009


New Delhi, India: August 25, 2009 - IR Summary/Agencies/TOI - The issue of black money deposited by Indians in Swiss Banks has become a very big issue these days. These deposits are so huge that if released, India can immensely be benefited and its economy shall be much easier to develop all urgent projects particularly of defence and also of uplifting the people from the poverty line.



Dollar Lifting by U.S. Adds to the Crisis Abroad

MIL/NYT, Mar 9, 2009


March 9, 2009 - IR Summary/NYT - The economic situation of the poorer countries is at stake. American investors are bringing their dollars home, entrusting them to the supposed bedrock safety of United States government bonds and China, on the other hand, is buying overwhelming quantities of American debt, both aspects are dangerous for the poor countries.



Global Markets Jump

MIL/NYT, Oct 13, 2008


October 13, 2008 - Trading in Standard & Poor's 500 index futures suggested Wall Street stocks would gain as much as 6 percent at the opening. The bond market was closed Monday for the Columbus Day holiday.Deutsche Bank rose nearly 25 percent in Frankfurt, while BNP Paribas and other major French banks rose more than 6 percent.



India’s Black Economy, Indians hold $1 trillion in foreign banks illegally?

Ritu Raj Kalra, Oct 21, 2004


Estimates by eminent economists reveal that India’s parallel economy has risen from a mere 3 percent of the GDP in the mid 50s to around 50 percent today. The dimensions of this growth of corruption and generation of a black income in India, are indeed, mind-boggling.



Sydney Test was fixed: Bookie Mazhr Majeed

MIL/HT/Independent, Aug 30, 2010


London, August 30,2010- IR Summary/HT/The Independent It is reported by The Independent that cash exceeding the fixed daily allowance was recovered from the hotel rooms of the Pakistani cricketers alleged to be implicated in the "spot fixing" scandal during a raid conducted here by the Scotland Yard.



Rain causes chaos in northern India

MIL/BBC News, Aug 25, 2010


August 25, 2010 - Continuing heavy monsoon rains have caused major flooding across northern India. The water levels in many rivers have reached a critical level and thousands of people have left low-lying areas for higher ground.



PSU banks unveil base rates, SBI sets at 7.5%

MIL/NDTV.com, Jun 30, 2010


Mumbai: June 30, 2010 - Ushering an era of new interest rate regime, several PSU banks today announced new benchmark base rates of up to 8 per cent, with SBI being lowest at 7.5 per cent, for giving loans including housing and commercial at or above it, a move that could make credit cheaper.



Dr. Raj Baldev's God Particle vs LHC's Higgs Boson

MIL, Jun 27, 2010


New Delhi, India: June 27, 2010 -Mr. C.L.Sahu, Author of "Presidents of America & India" interviews Dr. Raj Baldev, Cosmo Theorist. Mr. Sahu addresses Dr. Raj Cosmo Theorist, "You wrote a book "Two Big Bangs Created the Universe" Formed in Eternal Space, in November 2003. On Page 27, you particularly mentioned about the Black Hole, on which subject you carry a special reputation in the world. So much so, your views were even later on accepted by even Stephen Hawking, knowingly or unknowingly.



RIL likely to bid for mega power plant

MIL/ET, Jun 17, 2010


Mumbai: June 17, 2010 - Reliance Industries, India's biggest company by market value, plans to build at least one power plant in the country marking the oil company's entry into commercial electricity generation, two company officials said.



Metals, realty weigh Sensex down

MIL/ET Bureau, Jun 1, 2010


Mumbai: June 01, 2010 - Tracking the weakness across Asia, Indian stock markets were trading lower Tuesday. This, despite the domestic economy growing at 8.6 per cent in the quarter to March 2010, the fastest pace in six months and in line with estimates of 8.7 per cent.





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