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Politicos react as Zakiur Rehman Lakhvi sent to 14-day judicial custody in Pakistan

New Delhi, Jan 02 (ANI): Politicos reacted on Friday after Lashkar-e-Toiba operative and 26/11 Mumbai attack mastermind Zakiur Rehman Lakhvi was sent to 14 days' judicial custody. The decision came after Pakistan government moved the Supreme Court earlier on Thursday protesting the detention suspension order issued by the Islamabad high court. BJP leader GVL Narasimha Rao reacting over the decision, said that sincere approach of Pakistan in dealing with Lakhvi is missing. Congress leader Rashid Alvi said that Lakhvi is an Indian culprit and should be handed over to India. JD (U) leader KC Tyagi said Pakistan has a dual strategy. Jan 2, 2015
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US Federal Reserve Tool Recommends Immediate Rate Hike

A tool developed by the US Federal reserve to forecast financial actions and decisions reportedly calls for an immediate interest rate hike, according to a paper published by Philadelphia Fed president Charles Plosser. Jan 1, 2015
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Finance Minister Jaitley rejects Raghuram Rajan's criticism of 'Make in India'

New Delhi, Dec 29 (ANI): Rejecting Reserve Bank of India (RBI) Governor Raghuram Rajan's criticism on 'Make in India' programme, Finance Minister Arun Jaitley on Monday said that it is about manufacturing of quality products at low cost, whether they are sold in India or abroad. The minister in his inaugural address of a national workshop on 'Make in India' further said manufacturing remains a challenge for country's economy and cost of capital has been the major factor behind slowed down manufacturing. Emphasizing on manufacturing of quality products at low costs, Jaitley said it was not relevant whether they are sold in India or abroad. Chalking out the ways to open up the roads for manufacturers, Jaitley said the entry point into manufacturing sector needs to be eased and that if we keep doors closed, investments won't come in. There should be an ease of doing business in India. Earlier this month, RBI Governor Raghuram Rajan had criticised 'Make in India' campaign, saying it assumes an export-led growth path of China and it should rather be 'Make for India' with a focus on manufacturing products for the domestic market. Dec 29, 2014
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