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Indian and Pakistani Delegation hold sixth round of parliamentary dialogue

New Delhi, Dec 12 (ANI): The sixth round of India-Pakistan Parliamentary Dialogue took place in New Delhi even as an impasse remains between prime ministers of both the nations. The Pakistani parliamentarians led by Awais Ahmed Khan Leghari, MNA and Chairman Standing Committee on Foreign Affairs, hoped for positive dialogue between two neighbouring nations. Delegation member said that the dialogue and a chord between the two nations should remain intact by whichever means. One of them said that the initiative should be taken from both sides and no country should think that they are doing favour by the same. A 12-member delegation of Pakistan MPs joins their Indian counterparts in Parliament today. Dec 12, 2014
pak-arrests-58-indian-fishermen-for-illegal-fishing-in-their-territorial-waters

Pak arrests 58 Indian fishermen for illegal fishing in their territorial waters

Karachi, Dec 12 (ANI): Pakistan maritime authorities arrested fifty eight Indian fishermen and took into custody their ten boats for illegal fishing in the country's territorial waters, police said. The fishermen, who were arrested on Wednesday, had been handed over to Docks Police Station in Karachi for necessary legal action. The arrested fishermen have been charged under Foreign Act and Fisheries Act. Fishermen from both the countries frequently stray into each other territory and end up spending years in their jails. In May, Pakistan had freed 151 Indian fishermen ahead of Pakistani Prime Minister Nawaz Sharif's visit to India to attend Prime Minister Narendra Modi's swearing-in ceremony. Pakistan released another batch of 40 prisoners, 35 of them fishermen, as a "goodwill gesture", last month. Dec 12, 2014
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Pakistan welcomes UN Chief's offer to resolve Kashmir issue

Islamabad, Dec 12 (ANI): Pakistan welcomed the statement of the UN Secretary General Ban Ki-moon in which he expressed his readiness to engage with India and Pakistan in resolving the Jammu and Kashmir issue. On December 9, Ban Ki-moon said that "If both countries request it, I am ready to engage further to assist in resolving this issue." Addressing a weekly briefing in Islamabad, Pakistan's Foreign Ministry Spokesperson Tasnim Aslam said the UN Chief's offer was "deeply appreciated". He called upon the two countries to resume their stalled composite dialogue. Aslam said Pakistan was committed to a result-oriented dialogue with India on the Kashmir issue, because the just resolution of the issue was of paramount importance for ensuring peace, stability and development in the region. Asked if India will agree to the UN chief's offer, Aslam said it was not a matter of choice because the UN resolutions which are applicable had been accepted by both Pakistan and India. Dec 12, 2014
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Current account deficit comfortable despite widening: Raghuram Rajan

Kolkata, Dec 12 (ANI): Governor of Reserve Bank of India, Raghuram Rajan said that the RBI was comfortable with the current account deficit (CAD) even after it widened in the July-September quarter. Rajan while speaking at a news conference after the central bank's board meeting in Kolkata city, said risks remain to the current account deficit even though he was not apprehensive about it. Rajan said that gold imports had increased in the country which may have resulted in the increase in the CAD. Global oil prices have fallen to a five-year low on Wednesday. Brent crude oil fell to $63.56 a barrel, the lowest since July 2009, on signs of oversupply and waning demand. Indias largest imports are crude oil and gold. Turning to the economy, Rajan said an interest rate cut won't by itself lead to higher economic growth, although he noted it would have an impact. Turning to limits on foreign investments in government bonds, Rajan said it would look at raising the limit at an appropriate time, and would look at expanding it steadily. Dec 12, 2014

'Lingaa' Movie Review: Audience Live Response

Here we bring you the 'Lingaa' movie review. The movie stars Rajinikanth, Sonakshi Sinha and Anushka Shetty in the lead roles. The film is directed by KS Ravikumar and produced by Rockline Venkatesh. Dec 11, 2014
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Three-day International Aviation Conclave kicks off in New Delhi

New Delhi, Dec 11 (ANI): The three-day International Aviation Conclave focussing on promotion of aviation, global cooperation, Foreign Direct Investment (FDI) and other policies began in New Delhi on Thursday (December 11). The conference-cum-exhibition is being organised by aviation firm Beta Aviation, under the support of the Indian Civil Aviation Ministry, Directorate General of Civil Aviation (DGCA) and the US-India Importers Council. The theme revolves around "Empowering Aviation: Encouraging Stability Towards Sustainability" and aims to showcase the growth potential for aviation in the Indian economy. Civil Aviation Minister, Pusapati Ashok Gajapathi Raju, told delegates and participants that he hoped to learn from their presentations and exhibits. Dec 11, 2014
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India expects fruitful outcome from Russian President's visit: MEA

New Delhi, Dec 11 (ANI): Indian foreign ministry spokesperson Syed Akbaruddin said on Thursday that the country is expecting a fruitful outcome from Russian President Vladimir Putin's visit. Putin arrived in New Delhi on Wednesday in an attempt to revive a historic friendship that has faded over the years, seeking to improve cooperation in energy, defence and nuclear power. He will have his first summit with Prime Minister Narendra Modi at a time when Russia is at odds with the West over Ukraine, and its economy is stalling as oil prices tumble to their lowest point in five years. Akbaruddin said there is enormous potential in India-Russia nuclear energy cooperation. Putin and Modi are also expected to hold an interaction with Chief Executive Officers (CEO) of major companies. Dec 11, 2014
Abercrombie & Fitch

Abercrombie & Fitch CEO Mike Jefferies Steps Down

Michael Jefferies, the controversial CEO of Abercrombie & Fitch stepped down from his post on Tuesday effective immediately, marking the end of a two-decade long career that saw several ups and downs. Dec 10, 2014
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