arvind-kejriwal-takes-oath-as-delhi-cm

Arvind Kejriwal takes oath as Delhi CM

New Delhi, Feb 14 (ANI): Aam Aadmi Party (AAP) chief Arvind Kejriwal on Saturday sworned-in as the Chief Minister of Delhi. He was administered the oath of office and secrecy by Delhi's Lieutenant Governor Najeeb Jung at the Ramlila ground. Unlike last year, where he took the Delhi Metro to reach the venue, today he was seen heading to Ramlila Maidan in a grey Innova car, flanked by his colleague Manish Sisodia. Six other Aam Aadmi Party leaders - Manish Sisodia, Asim Ahmed Khan, Sandeep Kumar, Satyendar Jain, Gopal Rai and Jitender Singh Tomar were also sworned-in as ministers. After the oath taking ceremony, Kejriwal will head to Rajghat to pay homage to Mahatma Gandhi. He is expected to hold his first cabinet meeting at around 4 pm. This will be Kejriwal's second term as Delhi Chief Minister. He had resigned in February last year after running a 49-day government with the support of Congress. Feb 14, 2015
congress-condemns-vandalisation-of-school-police-say-not-a-matter-of-desecration

Congress condemns vandalisation of school, Police say not a matter of desecration

New Delhi, Feb 13 (ANI): Congress leader Ajay Maken on Friday condemned the vandalisation of Christian school in Vasant Vihar last night. Maken said that the government should realize the importance of religious harmony among residents and thus not allow such incidents to happen. Meanwhile, Delhi Police Commissioner BS Bassi said that it was not a matter of desecration but theft. Feb 13, 2015
indias-retail-inflation-accelerates-in-january-but-stays-below-rbis-target

India's retail inflation accelerates in January, but stays below RBI's target

New Delhi, Feb 13 (ANI): India's retail inflation accelerated in January after shifting to a new base year for calculating prices, but stayed well below the Reserve Bank of India's (RBI) target, bolstering prospects for further interest rate cuts. Consumer prices rose an annual 5.11 percent compared with a 4.28 percent gain in December, the statistics department said on Thursday (February 12) after it changed the base year for measuring inflation to 2012 from 2010. Under the old series, inflation was reported at 5 percent in December. The revamped index carries a higher weight for education and health services, but has a lower weight for food and fuel items, which authorities say better reflects changing consumption patterns. The RBI aims to keep inflation at or below 6 percent in the period to January 2016 and is widely expected to resume its monetary easing after Finance Minister Arun Jaitley presents his annual budget on February 28. Feb 13, 2015
gujarat-hc-rejects-teesta-setalvads-anticipatory-bail-plea

Gujarat HC rejects Teesta Setalvad's anticipatory bail plea

Ahmedabad, Feb 12 (ANI): Activist Teesta Setalvad's anticipatory bail plea in connection with an embezzlement case was rejected by the Gujarat High Court on Thursday. Besides Setalwad, her husband Javed Anand, former Congress MP Ehsan Jafri's (who was killed in Gujarat during the 2002 riots) son Tanvir Jafri are accused of misappropriating funds. They are accused of misusing funds to the tune of Rs.1.51 crore. All the accused now face arrest. Denying any misuse of funds, Setalwad had blamed political motives behind the case, say reports. Feb 12, 2015
slow-china-growth-dims-chinese-new-year

Slow China growth dims Chinese New Year

Fireworks are big in China as a key ingredient to events like APEC, and for holidays like the Lunar New Year coming next week. But a slowdown in economic growth looks like it's taking the spark out Feb 12, 2015
u-s-india-can-work-to-deepen-capital-markets-says-u-s-treasury-secretary

U.S, India can work to deepen capital markets, says U.S. Treasury Secretary

Mumbai, Feb 12 (ANI): U.S. Treasury Secretary Jacob J. Lew has said both India and U.S. could work together to deepen capital markets, combat money laundering and terrorist financing. Lew is in India to attend the fifth U.S.-India Economic and Financial Partnership Dialogue in New Delhi. He recently met Indian business leaders in financial hub Mumbai at the Confederation of Indian Industry (CII) and US-India Business Council Roundtable ahead of the dialogue in Delhi that will focus on capital market reforms and economic policies between the two countries. He added that the entrepreneurial spirit, vibrant private sectors, and commitment to economic growth and job creation are the cornerstones of the U.S.-India economic relationship. Lew said that economic growth in either of the country was beneficial for both. Feb 12, 2015
time-warners-premium-cash-stream

Time Warner's premium cash stream

Time Warner is making programs that people really want to watch, and are willing to pay for, like HBO's "Game of Thrones" and "True Detective." Subscription fees for the premium cable network, as Feb 12, 2015
spains-king-takes-a-pay-cut-too

Spain's King takes a pay cut too

Spain's economic recovery is being helped along by a cost-cutting King. King Felipe VI will earn around 234,000 euros in 2015 as head of state, 20 percent less than last year. The Royal family will Feb 12, 2015

Textile industry expects tax cuts in upcoming budget

Surat, Feb 11 (ANI): Manufacturers in textile industry in Gujarat expect tax cuts from the Central government in upcoming budget to help the industry come out of crisis. Union Finance Minister Arun Jaitley will on February 28 present his first full-year budget, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years. In Surat, industrialists said they were facing crisis due to rise in prices of raw materials like yarn and colour chemicals. A favourable budget will being relief for one-and-a-half million people associated with the industry, he added. Vakharia also hoped for relaxation in prices of acquiring land. Investors and manufacturers have long advocated the GST as a way to simplify taxes while broadening the tax base, adding as much as 2 percentage points to economic growth in India. Feb 11, 2015
household-debt-keeps-thailand-southeast-asias-sick-man

Household debt keeps Thailand Southeast Asia's sick man

With a monthly wage dwarfed by his payments to loan sharks, Non is among millions of Thais sinking in debt. But spiraling household debt is just one of a plethora of problems dragging on a stuttering Thai economy. Duration: 01:40 Feb 11, 2015
healthcare-leads-u-s-earnings-winners

Healthcare leads U.S. earnings winners

The strong U.S. economy is contributing to profit growth at U.S. companies. With about two-thirds of the results in, Thomson Reuters data showing 73 percent of S&P 500 companies have beaten earnings Feb 11, 2015
japan-excels-in-auto-components-and-car-navigation

Japan excels in auto components and car navigation

Tokyo, Feb 10 (ANI): Alps Electric, which has its headquarters in Tokyo, supplies about 40,000 types of electronic parts to more than 2,000 manufacturer companies worldwide. The company has been expanding their bases in overseas regions in order to supply their products and services quickly to the customers. Alps forayed in Malaysia in the late 1989 with paid up capital of US$13.63 million. The company has been actively expanding its manufacturing and sales offices in ASEAN regions, including Thailand, India and Indonesia for over 25 years. Additionally, they opened a new office in Hanoi, Vietnam, last year, as their sales subsidiary of Alps Malaysia. At Nilai plant, Alps Malaysia has been manufacturing automotive parts such as clock spring, sensors for car steering, power window switches, motorcycle sensors and electronic components for home electronics. Feb 10, 2015