Politics

Blasts rock India’s capital, New Delhi. 30 feared dead, several injured

By ranjanp at 13 September, 2008, 1:02 pm

India’s capital Delhi was rocked by 5 serial blasts today. 30 people are feared to be dead and several others injured. The blasts occured around 6:00 p.m. The blasts occured at Carol bagh, Greater Kailash I, Barah Khamba Road and Connaught Place.
Bomb’s were also found, ready to detonate in India Gate but were diffused in [...]

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Prime Minister Singh Survives Vote, Lays Policy Agenda

By arunr at 27 July, 2008, 7:49 pm

Prime Minister Manmohan Singh and his Congress Party coalition survived a no confidence vote, getting a needed political boost ahead of a general election and the backing to secure a nuclear deal with the U.S. The government’s victory, by a 275-256 margin with 10 abstentions, was wider than many had [...]

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17 more blasts in Ahmedabad, 100 feared injured, 15 killed

By ranjanp at 26 July, 2008, 11:46 am

AHMEDABAD - Terror struck another big Indian City in Gujarat when 17 serial blasts ripped across Ahmedabad on Saturday evening leaving 15 killed and 100+ feared injured sending a wave of panic. This comes one day after India’s IT capital, Bangalore was rocked by about 7+ blasts leaving 2 dead and several injured.
The explosions [...]

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Rating Agency Fitch Lowers India to BBB-, Almost Junk Bond Rating

By arunr at 16 July, 2008, 8:46 pm

New Delhi — The sovereign debt of India is almost at junk bond levels. Fitch Ratings downgraded India’s local-currency debt outlook to negative from stable, while maintaining a BBB- grade, the lowest investment grade, one step above speculative — or junk — status. The move came close on the [...]

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