By Irene Klotz CAPE CANAVERAL, Fla Sun Jan 11, 2015 8:41am IST The unmanned Falcon 9 rocket launched by SpaceX on a cargo resupply service mission to the International Space Station lifts off from the Cape Canaveral Air Force Station in Cape Canaveral, Florida, January 10, 2015. Credit: Reuters/Scott Audette CAPE CANAVERAL, Fla (Reuters) – An unmanned SpaceX rocket blasted off on Saturday to deliver a cargo […]
By Doina Chiacu WASHINGTON Sat Jan 10, 2015 10:31pm IST U.S. President Barack Obama speaks about the French hostage situation during his visit to Pellissippi State College in Knoxville, Tennessee, January 9, 2015. Credit: Reuters/Kevin Lamarque Related Topics Dozens of world leaders lead hundreds of thousands of French citizens in an unprecedented march. Pics WASHINGTON (Reuters) – President Barack Obama will highlight plans next week to […]
ABU DHABI // Young Emiratis recruited for national service will soon be able to complete their paperwork online. A new smart app will allow recruits to register information and upload documents, instead of having to visit a registration centre. The service will save time and reduce inconvenience, particularly for those who live far away from the centres, Brig Gen Mohammed Al Niyadi, head of strategic planning at […]
It was a bit less spectacular and a lot less glamorous than most Hollywood disaster movies. But the recent mega-breach at Sony Pictures Entertainment had more than its share of drama and improvisation. Numerous media outlets this week published behind-the-scenes looks at how the crisis, one of the worst cyberattacks on an American company, was handled internally. Among other unusual steps, studio CEO Michael Lynton communicated with […]
The United Arab Emirates central bank discussed margin lending at a board meeting this week and ordered that all aspects of the issue be studied, the central bank said on Wednesday. In a brief statement describing discussions at the board meeting, the central bank did not elaborate on how the study would be conducted or what action might be taken in response. The Dubai stock index has […]
Mandy Rice Davies photographed in the 1960’s Photo: Rex Features I was 13 when it all happened. Parents in those days wished their children wouldn’t read scandals, with the predictable result that, for the first time in our lives, we read the papers avidly. Christine Keeler and Mandy Rice-Davies, the girls involved in the Profumo scandal of 1963, were of elder-sister age: the beehive hair, short shift-dresses and […]
Thriving UAE means plenty of opportunity for job seekers UAE firms plan big time hiring as economy looks up DUBAI, 7 days ago Seventy-four per cent of UAE companies claim they will either ‘definitely’ or ‘probably’ be hiring in a year’s time, suggesting long-term growth and a positive outlook for the country’s economy, a report said. Meanwhile, 66 per cent of UAE firms have hired new employees […]
When Google recently rolled out the new Android 5.0 Lollipop operating system, it touted the release as its biggest Android update yet, with an emphasis on delivering an integrated experience across multiple devices. However, early users are fuming mad over Lollipop, with bugs and problems souring the Lollipop experience. What’s the problem? As one of our commenters wrote, “Where do I begin?” Batteries that drain too fast, […]
To better its customer service, Comcast is pulling out at least some of the stops. One of the initiatives the cable giant is undertaking has to do with the frustration customers experience while waiting around for technicians who may or may not show up exactly during the two-hour window the company offers. And who wants to wait around for two hours, anyway? Comcast CEO Brian Roberts demonstrated […]
NEW DELHI: The T S R Subramanian committee, constituted about three months ago to review laws related to environment and forest protection, has recommended some big-ticket changes to the rules and legislation. These include a complete overhaul of certain laws, special fast-track dispensation for power, mining and linear projects, self-certification of compliance by industry and diluting the powers of the National Green Tribunal (NGT). The committee’s […]
New Delhi: India has signed a euro 13 million deal with Airbus Defence and Space for the delivery of a dedicated facility in the country for the maintenance and repair its submarine fleet periscopes. The project is due to be completed in September 2016. “When a product is serviced, a lot of time is lost during the transport between different facilities. Once maintenance work can be […]
NEW DELHI: The government will soon relax the rules so that road developers can sell their completed or stuck project, which will free them up to invest in other road projects that have found few takers in recent years. The current rules say developers have to hold at least 26 per cent stake in highway projects, tying them to projects executed by them. The road ministry […]
Mumbai: The board of Securities and Exchange Board of India (Sebi) on Wednesday cleared big-bang market reforms, including a move to replace the two-decade-old insider-trading rules with the new prohibition of insider trading (PIT) regulations, and amending the existing delisting regulations. Additionally, Sebi approved new reforms in consent mechanism under which it will give entities found violating securities laws the option of settling the matter before the […]
NEW DELHI: The government is working on big-ticket financial package for about 1,30,000-mw thermal and hydro power plants worth over Rs 6,00,000 crore that are hit by severe funds crunch while continuing to face cost and time overruns. Officials said the Department of Financial Services will shortly recommend a series of steps to the Reserve Bank of India. These include lenders providing additional debt to […]
NEW DELHI: Bids in the February 2015 spectrum auction are likely to skyrocket as the department of telecommunications (DoT) plans to auction just 800/900/1800 MHz spectrum bands, and not the vital 2100 MHz band spectrum that telcos were hoping for. Auctions for spectrum in the 2100 MHz band will take place only in May, and with no certainty about how much 2100 MHz spectrum would be available […]
KOLKATA: State-run NTPC, the country’s biggest power generator and thermal coal consumer, plans to acquire at least 26 per cent stake in coal mines abroad to secure longterm fuel supplies for all its power plants, a senior executive said. This is a shift from the company’s earlier stance of seeking only minority stakes in such mines to ensure fuel for plants that operate only on imported […]
NEW DELHI: A few weeks before the Reserve Bank of India announces the monetary policy, Finance Minister Arun Jaitley has made his preferences clear in the raging debate over whether governor Raghuram Rajan should cut interest rates on December 2. “Reduction in the cost of capital will give a good fillip to the Indian economy,” Jaitley said at the Citi Investor Forum, but added that the […]
NEW DELHI: The Centre is likely to reallocate to state-run firms such — as NTPC and Damodar Valley Corporation — as well as state government utilities their captive coal blocks that had been cancelled by the Supreme Court. This leaves only half of the mines for auction to the private sector in the first phase in December. The coal ministry has assured most of the central […]
PANAJI: Defence Minister Manohar Parrikar is considering the introduction of a new policy on the vexed issue of blacklisting defence equipment suppliers accused of corruption as well as reforming rules for lobbyists to balance the needs of the armed forces with transparency. Speaking to ET in the state capital at the chief minister’s residence, Parrikar said, “One of the ideas the government is thinking about is […]
By Ashok B Sharma The annual feature, G 20 Summit, has turned out to be a mere talk shop. No substantial effort has been done at the multilateral level to salvage the global economy. Whatever efforts are been made, are at national level for generating more demand to keep up the growth pace of their economy. But with the emergence of strong leadership in India, […]
By S Sethuraman As the Modi Government completes its first six months with a record of hesitant, incremental moves on the economic front, growth recovery has at last become visible and looks to gain momentum to hit the targeted 5.5 per cent or slightly above, in fiscal ’15. Business sentiment is being bolstered by falling inflation and output modestly growing by 2.8 per cent in the […]
By P. Sreekumaran THIRUVANANTHAPURAM: The covert and not-so-covert attempts to delay the preliminary investigation report by the Vigilance Department into the allegations of bribery against State Finance Minister and Kerala Congress (M) president, K. M. Mani, have suffered a severe setback with the Kerala High Court directing the department to submit the report within a week. It may be mentioned that the Vigilance Department had […]
From L.S. Herdenia BHOPAL: More than three thousand persons will reach Bhopal on December 4, 2014. They will be part of a “Nation-wide Yatra”, which has commenced from November 2. These yatras have started from states in the north-east, south, east, west and north parts of the country. After passing through various states, they will reach Bhopal on December 4 to coincide with the 30th anniversary of […]
By Sankar Ray The grim battle waged by a small but well=meaning section in Pakistan for a sustaining and evolving democratic order has suffered a setback as some pseudo-democratic interests are working against the struggle for democracy. Needless to say, the Pakistan Tehreek-e-Insaf (PTI) and its chief Imran Khan serve as catalyst in favour of the unholy combine of a section of army, the ISI and […]
