Heavy firing at India-Pak border, army on alert
JAMMU: The Indian Army was put on alert following heavy exchange of fire at the India-Pakistan border in Jammu and Kashmir early on Tuesday following a major infiltration bid, defence sources said on Tuesday as the country celebrated its 61st Republic Day.
The firing, at the Kanachak sector near Akhnoor, 30 km northwest from here, started at 2 a.m. and went on four hours. Officials said Pakistani Rangers provided covering fire to a group of infiltrators. The BSF men retaliated and the guns fell silent around 6 a.m.
The Indian Army has been put on alert along the border, where the first line of defence is provided by the BSF.
Army sources said troops were put on alert after the fire started from Pakistani side. They described the firing as heavy and said it was a clear attempt by Pakistan to push terrorists into India on Republic Day.
The exchange of fire was heavy for about two hours initially. "Thereafter, it was intermittent firing that lasted till 6 a.m.," Director General of Police Kuldeep Khoda told reporters.
It was the 15th ceasefire violation incident and infiltration attempt from across the border this month.
"Pakistan is desperate to push terrorists to the Indian side," a senior army official said, adding that they wanted to strike on India's national day and were unhappy with the peace in Jammu and Kashmir.
First time in 19 years flag not hoisted at Lal Chowk
SRINAGAR: The national flag was not hoisted by security forces in Lal Chowk, the nerve centre of Srinagar, on the Republic Day today for the first time in 19 years.
The usual hustle and bustle was not there in the heart of the city as people preferred to remain indoors in view of strike call given by separatists as well as tight security measures taken by the authorities.
The tricolour used to be unfurled on the clock tower, popularly known here as "Ghantaghar" in Lal Chowk on the Republic Day and Independence Day since 1991.
The first time the flag was hoisted at the clock tower was in 1991 when then BJP President Murli Manohar Joshi did it amidst rocket attacks by militants.
No official reason was cited for not hoisting the national flag in Lal Chowk, which recently saw a 22-hour terrorist siege.
The authorities last evening eased security restrictions in the city to lessen inconvenience to the people. Police and paramilitary forces remained deployed in strength but checking of vehicles and frisking of pedestrians was restricted to a few places.
"We have not lowered the guard but several steps have been taken to avoid unnecessary harassment of the people. Instead of random checking at every half a km in the city, the vehicles were searched at a few places particularly at the entry points," officials said yesterday.
However, tight security arrangements were made today in view of terror threat to the R-day function.
I have no idea about BJP's objection: Chatwal
WASHINGTON/NEW DELHI: US-based NRI hotelier Sant Singh Chatwal on Tuesday remained unfazed over BJP's demand to the government that the Padma Bhushan awarded to him be taken back in the wake of his controversial financial dealings.
Chatwal, who was earlier chargesheeted by the CBI for an alleged $9 million fraud case connected with the State Bank of India, said he was thrilled and "grateful" to the Indian Government that after such a long time they have really recognised his services towards strengthening Indo-US ties.
"I have really no idea about BJP's objection. I love my country and have been working for the past 30 years. I don't care for the parties. They will come and go," said Chatwal, considered close to former US President Bill Clinton and his wife and US Secretary of State Hillary Clinton.
BJP's Deputy Leader in the Lok Sabha Gopinath Munde had written a letter to the President and Prime Minister expressing disapproval over the government's decision to bestow the third highest civilian honour on Chatwal.
Munde alleged that due to Chatwal's controversial financial dealings he did not deserve the honour and it should be taken back.
In the wake of the BJP demand, Congress said the Home Ministry decides the awards and they might have their reasons for it. Congress spokesman Shakeel Ahmed however said that in general the party wants these awards to be given to people who enhance its prestige and not to those with a taint.
Chatwal said he was grateful to Prime Minister Manmohan Singh who has recognised "my efforts and services for this award."
Chatwal is one of the 13 Non-resident Indians to be given Padma awards on the occasion of the Republic Day. He had recently announced that his Hampshire Hotels chain would set up 25 hotels in India by 2011.
We apologise for mistake in India map: CGF CEO Mike Hooper
NEW DELHI: The Commonwealth Games Federation was embroiled in a controversy today because of a distorted India map put on its website earlier on Tuesday.
The map of India on www.thecgf.com showed some areas of Jammu and Kashmir and Gujarat as parts of Pakistan as organisers of the 2010 Commonwealth Games said they raised the issue with CGF officials.
"We have noticed it and told CGF officials about it. They have promised to revert back to us on the issue," Organising Committee secretary Lalit Bhanot said.
"They would definitely correct it. We were told that they would talk to the people who maintain the site and get back to us," added Bhanot.
"It was a mistake and we apologise for it," CGF CEO Mike Hooper said. Hooper said the goof-up was entirely unintentional. "It was not intentional but we have rectified the matter immediately. And we certainly apologise to all concerned," Hooper said.
"We generally use reliable sources for the territory of the Commonwealth countries but we are going to double check all of those again," said the CGF official.
The corrected version, uploaded within hours of a media storm, now shows these areas in Indian territory.
Military might, cultural heritage on display at R-Day parade
New Delhi: The country's vibrant cultural heritage, its impressive achievements and military might were on a majestic display on Tuesday as the country celebrated the 60th Republic Day.
Marching down from the Raisina Hills, the Republic Day parade showcased the country's 'unity in diversity' as well as the armed forces in full battle regalia. Despite the heavy fog, well turned out and synchronised military contingents marched proudly through the Rajpath where President and Supreme Commander of armed forces Pratibha Patil took the salute.
The march-past was watched by the Republic Day chief guest South Korean President Lee Myung-bak, Vice President Hamid Ansari, Prime Minister Manmohan Singh, Defence Minister A K Antony and the country's top political and military brass, including UPA chairperson Sonia Gandhi.
Patil and her South Korean counterpart arrived at the Rajpath escorted by the President's 46 bodyguards riding well-trained, impeccably-bedecked horses. Minutes before the parade began, Singh, Antony and chiefs of Army, Navy and Air Force laid wreaths at 'Amar Jawan Jyoti', the British-era World War-I memorial at India Gate, where an eternal flame burns in memory of those who laid down their lives while defending the nation's frontiers.
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A heavy security blanket was thrown around the capital for the Republic Day celebrations in the backdrop of intelligence inputs about militant outfit LeT acquiring over 50 para-gliding equipment which could be used to launch an air-borne suicide attack.
After the President unfurled the tricolour and a customary 21-gun salute, the parade led by Major General KJS Oberoi, General Officer Commanding of Delhi Area of the Army, started.
Tahawwur Rana is honest and innocent, says family
Chicago: The family of Lashkar-e-Taiba operative Tahawwur Rana, who has pleaded not guilty to charges of plotting the 26/11 Mumbai attacks, feels he has been framed in the terror plots and is “honest” and “innocent”.
“All I know is that Rana is innocent... He is very honest and god fearing. He will share his last morsel with a man in need. I do not know how he got involved in all this,” Rana’s father-in-law Rana M Akhtar told a TV channel here.
Akhtar said Rana had gone to Pakistan since his grandmother had died. Since he was in Pakistan, he decided to go to India as well. He applied for a visa and went to India after he got the visa, Akhtar said.
“Once there, he decided to visit the Taj. What is wrong with that? Everybody wants to see the Taj. It was closed because it was Friday and so he had to stay the night and now the Indian press has gone and harassed our family in India asking them all sorts of questions about Rana,” he said, adding all his five children are doctors and are all honest.
“They have never even smoked a cigarette. I do not know how this happened”.
Prosecutors allege that Rana was in Mumbai and traveled to Dubai five days before the November, 2008, attacks in Mumbai that killed 166 people, including foreigners. They have also submitted as evidence an Al-Qaeda DVD recovered from Rana’s house that he says was given to him by Headley.
Indian Business News
India to grow at 9.2 pct in FY11: CMIE
Mumbai :India's economic growth is likely to return to pre-crisis levels in the next fiscal year, driven by strong industrial and agriculture growth, a recent review by a think tank showed.
The Centre for Monitoring Indian Economy (CMIE) expects the Asia's third largest economy's GDP growth to accelerate to 9.2 per cent in 2010/11 from 6.9 per cent in 2009/10.
"In fiscal 2010/11, real GDP growth will be propelled by a strong performance by the industrial sector and a robust recovery in agricultural and elite sector. Services sector too is expected to do well," CMIE said in the report.
"A revival in consumer confidence and investment activities will supplement growth in the commodities segment," it added.
India's GDP growth slowed to 6.7 per cent in 2008/09 from 9 per cent or more in the previous three years as the effect of global financial turmoil hurt demand, prompting the authorities to unveil a spate of measures designed to boost the economy.
The measures helped as the country's industrial output grew at its fastest pace in two years in November at 11.7 per cent, the economy expanded 7.9 per cent in the September-quarter and inflation jumped to a one-year high of 7.3 per cent in December.
CMIE expects the wholesale price index, the main price barometer, to steadily fall to 7.7 per cent in the June quarter and further to 3.8 per cent March quarter of 2011.
The drop in inflation which is seen across primary articles, fuel and manufactured products, is likely to be because of the high base value in 2009/10 and a good kharif (summer) crop production in 2010, it said.
Hero Honda Q3 profit up 78.34%
New Delhi: Two-wheeler maker Hero Honda Motors Ltd reported a jump of 78.34 per cent in net profit for the third quarter at Rs 535.77 crore.
The company had a net profit of Rs 300.42 crore during the corresponding quarter of the last fiscal, Hero Honda Motors Ltd (HMIL) said in a statement.
It also reported an increase of 32.82 per cent in its total net operating income for the quarter ended December 31, 2009, at Rs 3,827.03 crore against Rs 2,881.27 crore in the year-ago period.
HMIL's total two-wheeler sales registered a growth 29.56 per cent during the October-December period at 11,11,372 units, from 8,57,806 units during the corresponding period of 2008-09, the company added
China says Internet controls here to stay
Beijing : China has every right to punish citizens using the Internet to challenge Communist Party power and ethnic policies, a senior official said Monday, pressing Beijing's counter-offensive against Google Inc.
The defense of China's curbs on the Internet came nearly two weeks after the world's biggest search engine provider said it wanted to stop censoring its Chinese Google.cn website and was alarmed by online hacking attacks from within China.
The dispute has stoked friction between Beijing and Washington, two global economic heavyweights already wrestling with tensions over trade, US weapons sales to Taiwan and human rights.
US Secretary of State Hillary Clinton last week urged China and other authoritarian governments to pull down Internet censorship, drawing a sharp rebuke from Beijing.
In the latest volley, a spokesperson for China's State Council Information Office said the country "bans using the Internet to subvert state power and wreck national unity, to incite ethnic hatred and division, to promote cults and to distribute content that is pornographic, salacious, violent or terrorist."
The comments from the unnamed spokesperson showed scant room for compromise with Google and Washington on censorship policy. They were issued on the central government's website.
"China has an ample legal basis for punishing such harmful content, and there is no room for doubting this. This is completely different from so-called restriction of Internet freedom," the spokesperson added.
The State Council Information Office is the cabinet arm of China's propaganda apparatus, which is steered by the Communist Party, and is one of several agencies that shape Internet policy.
Indian Sports News
Tamim resists India with blistering knock
Mirpur (Bangladesh): Tamim Iqbal’s blistering 151 exposed India’s bowling frailties as Bangladesh batted out of their skin to put up some resistance in the second and final cricket Test here today.
Left-handed opener Tamim (151) blasted the fastest century by a Bangladeshi player and starred in a record 200-run partnership with Junaid Siddique (55) as the hosts finished day three at a fighting 228 for three.
Mohammad Ashraful (2) and Shahadat (2) were in the middle at stumps with the hosts still trailing by 83 runs behind India, who had declared their first essay at 544 for eight.
Even if his team had their back against the wall, Tamim played positive cricket and took the Indian attack by the scruff of its neck.
The opener needed 101 balls to hammer the fastest Test century by a Bangladesh batsman -- eclipsing teammate Mushfiqur Rahim’s 112-ball effort in the previous Test in Chittagong.
He and Junaid then went on to add 200 runs for the second wicket -- highest by a Bangla pair for any wicket and against any opposition -- to lead the home side’s resistance.
Zaheer Khan (3/63), who had removed Imrul Kayes (5) in the morning to draw first blood, dismissed both Junaid and Tamim in his successive overs towards the end.
Tamim’s attacking 183-ball had 18 fours and three sweetly-timed sixes in it while Junaid hit five fours during his patient 144-ball stay.
Modi denies govt role in IPL snub to Pak
New Delhi: Indian Premier League Chairman Lalit Modi on Tuesday denied any government role in Pakistani players' non-selection at the auction and said cricketers from across the border still have chance to be a part of the cash-awash Twenty20 event.
"Some teams have still not finished their quota of players and some players could drop out, franchises can choose Pakistani players as replacements or to fill vacancies," he said.
Modi refuted allegations that the whole issue was mishandled by the IPL.
"I don't think that there's any mishandling, the franchises decide on their own. We never said in the first place that the government in any which way nudged up in that direction. So, it was a decision that was taken by the franchises and let's leave it at that," Modi said.
All the 11 Pakistani players went unsold at the Mumbai auction earlier this month and Modi said it was the franchises' decision to not pick them.
"There was no pre-decision. They were all worried about the availability and that's why the Australians weren't picked up along with many other players and all that we keep hearing now is one story -- about not bidding for Pakistani cricketers," Modi said.
Home Minister P Chidambaram had yesterday criticised the IPL organisers saying that non-inclusion of Pakistani players was "disservice to cricket".
IPL invited flak from across the border as well with politicians, cricket officials and former players criticizing the treatment meted out to their players. When asked about PCB's decision not to release Pakistani players for the future IPL editions, Modi said, "We will discuss this with the Pakistan board officials when we meet them and I am sure the Pakistani players will return."
Yuvraj joins injury list, out of Test
Mirpur: Middle-order batsman Yuvraj Singh was on Tuesday ruled out of the ongoing second Test against Bangladesh due to a ligament tear in his left wrist.
The left-hander is the second player from India's playing XI to have been ruled of the second and final Test.
Rahul Dravid was ruled out yesterday after a deadly blow from paceman Shahadat Hossain fractured his zygomatic arch (cheek bone). Administrative manager Arshad Ayub said the report of the medical examination done on Yuvraj last night at the Apollo Hospital in Dhaka revealed a ligament tear.
"The report of Yuvraj's injury shows he has a ligament tear on his left wrist. He will not take further part in the Test," Ayub said.
The injury has put Yuvraj's inclusion in the Indian squad for next month's home series against South Africa in doubt as the BCCI selection panel is meeting on Thursday.
Ayub said Yuvraj is staying put with the team, like VVS Laxman who is still with the team after suffering a split in his left-hand webbing.
Meanwhile, Dravid has been discharged from the hospital and senior orthopedic surgeon Fazal-ul Haque attending on him told a TV Channel that "Had it been two inches above, it would have been fatal."
Out of the 16-member squad, four players were injured. Paceman S Sreesanth was also forced to leave the Test series mid-way after suffering a hamstring injury.
Latest news covering nick and corner of India,this blog provides breaking news of india, latest news of india as well as covering different sections like business and sport news.
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Tuesday, January 26, 2010
Friday, January 8, 2010
Latest News India
Rathore's bail plea rejected, arrest possible any time
PANCHKULA (HARYANA): A Panchkula court on Friday dismissed the anticipatory bail plea of former state police chief S P S Rathore, who molested teenager Ruchika Girhotra 19 years ago, leaving it open for the Haryana police to arrest him any time.
Additional District and Sessions Judge Sanjeev Jindal dismissed the bail plea filed by Rathore after two fresh First Information Reports (FIRs) were registered against him Dec 29.
Rathore was booked under non-bailable charges like attempt to murder, criminal intimidation, forging evidence, wrongful confinement, fabricating false evidence and criminal conspiracy.
Neither Rathore nor his wife Abha Rathore, who is his counsel, were present in the court when the bail plea was dismissed.
Rathore had got interim relief Jan 1 from the court till Friday on his bail plea in the matter pertaining to the two fresh FIRs registered against him.
The court also rejected the anticipatory bail plea of another Haryana police official, Sewa Singh, a sub-inspector posted at Pinjore near Panchkula, who also has been accused of implicating Ruchika's brother Ashu in false cases of car theft, allegedly at Rathore's behest.
Sources in the Haryana police said after the court order that the state director general of police (DGP) and senior home department officials could now consult chief minister Bhupinder Singh Hooda before arresting Rathore.
The Haryana police, through the state government, have already recommended to the Central government that the fresh cases, including a third FIR charging Rathore of abetment to suicide of Ruchika, be handed over to the Central Bureau of Investigation (CBI) for investigation.
"I am happy and I have hope that justice will be done. We want him arrested immediately," Ruchika's friend Aradhana, whose family fought the case against Rathore for over 19 years, said after the bail plea was rejected.
Aradhana alleged that state officials had already been supporting Rathore in the past and that she did not have much faith in the state machinery to take action against him.
"The CBI is a more independent agency and I hope they will be able to investigate the matter properly," Aradhana added.
Rathore's counsel said after the dismissal of the bail plea that they would move the high court to seek relief.
Ruchika, a teenaged budding tennis player, was molested by Rathore, then an inspector general of police, in Panchkula August 12, 1990. Three years later, Ruchika committed suicide.
Nineteen years after the molestation incident, Rathore was convicted by a Central Bureau of Investigation (CBI) special court here Dec 21 and sentenced to six months' rigorous imprisonment and a fine of Rs 1,000.
The light conviction led to uproar in different sections of society, forcing authorities to re-visit the case and seek justice for the molestation victim.
A magisterial inquiry by the Chandigarh administration had Thursday indicted Ruchika's school, Sacred Heart school, and its principal for her expulsion on the flimsy grounds of non-payment of fee in 1990, just after her molestation incident. A Panchkula court on Friday dismissed the anticipatory bail plea of former state police chief S P S Rathore, who molested teenager Ruchika Girhotra 19 years ago, leaving it open for the Haryana police to arrest him any time.
Additional District and Sessions Judge Sanjeev Jindal dismissed the bail plea filed by Rathore after two fresh First Information Reports (FIRs) were registered against him Dec 29.
Rathore was booked under non-bailable charges like attempt to murder, criminal intimidation, forging evidence, wrongful confinement, fabricating false evidence and criminal conspiracy.
Neither Rathore nor his wife Abha Rathore, who is his counsel, were present in the court when the bail plea was dismissed.
Rathore had got interim relief Jan 1 from the court till Friday on his bail plea in the matter pertaining to the two fresh FIRs registered against him.
The court also rejected the anticipatory bail plea of another Haryana police official, Sewa Singh, a sub-inspector posted at Pinjore near Panchkula, who also has been accused of implicating Ruchika's brother Ashu in false cases of car theft, allegedly at Rathore's behest.
Sources in the Haryana police said after the court order that the state director general of police (DGP) and senior home department officials could now consult chief minister Bhupinder Singh Hooda before arresting Rathore.
The Haryana police, through the state government, have already recommended to the Central government that the fresh cases, including a third FIR charging Rathore of abetment to suicide of Ruchika, be handed over to the Central Bureau of Investigation (CBI) for investigation.
"I am happy and I have hope that justice will be done. We want him arrested immediately," Ruchika's friend Aradhana, whose family fought the case against Rathore for over 19 years, said after the bail plea was rejected.
Aradhana alleged that state officials had already been supporting Rathore in the past and that she did not have much faith in the state machinery to take action against him.
"The CBI is a more independent agency and I hope they will be able to investigate the matter properly," Aradhana added.
Rathore's counsel said after the dismissal of the bail plea that they would move the high court to seek relief.
Ruchika, a teenaged budding tennis player, was molested by Rathore, then an inspector general of police, in Panchkula August 12, 1990. Three years later, Ruchika committed suicide.
Nineteen years after the molestation incident, Rathore was convicted by a Central Bureau of Investigation (CBI) special court here Dec 21 and sentenced to six months' rigorous imprisonment and a fine of Rs 1,000.
The light conviction led to uproar in different sections of society, forcing authorities to re-visit the case and seek justice for the molestation victim.
A magisterial inquiry by the Chandigarh administration had Thursday indicted Ruchika's school, Sacred Heart school, and its principal for her expulsion on the flimsy grounds of non-payment of fee in 1990, just after her molestation incident.
Open revolt in Indian hockey, players refuse to turn up for practice
NEW DELHI: Indian hockey plunged into a fresh crisis on Friday with revolting hockey players deciding to boycott the ongoing World Cup preparatory camp here for an indefinite period in protest against non-payment of their dues.
The players took the unprecedented step to stay away from the camp after Hockey India, the interim body which is governing the game in the country, failed to respond to two of their letters asking the authorities to make the payments.
"We have decided to boycott the camp indefinitely till we are paid our money. We took such a decision in a meeting of players last night", captain Rajpal Singh said.
"Earlier we used to be paid after every tournament but it is not the case now. We had reminded the HI officials a few times, but nothing has been done. We will now report to the camp only after we are paid", Rajpal said.
The players' revolt comes barely a month before the hockey World Cup in New Delhi and is bound to have a bearing on the preparations for the high-profile event scheduled from February 28 to March 13.
The senior players were annoyed by the delay in payment and had written a letter to Hockey India President A K Mattoo demanding that money be paid within seven days.
The letter had no mention about the pullout but sources said that the players had actually made up their mind to withdraw from the camp if the payment was not made in a week's time.
Hockey India (HI) is, however, confident of sorting out the issue and has called some of the senior players for a meeting in New Delhi on Saturday.
Six of the senior players --captain Rajpal Singh, Sardara Singh, Prabhjot Singh, Sandeep Singh, Tushar Khandekar and Arjun Halappa --will be in Delhi on Saturday for a promotional shoot and are expected to meet the HI officals to sort out the payment issue.
"I had received their letter two days back. I have mailed my response to them yesterday. I have called them for a meeting when the players come to Delhi tomorrow", HI President A K Mattoo said.
"I will talk to them and look into the matter to understand what exactly their grievances are. I am confident that we will sort out the problem soon," he said.
Although the players claimed that they had given HI time till January 8 to resolve the issue, Mattoo said no such deadline was given to them.
"There was no mention of the deadline in the letter. Above all, they are the national hockey players. They should not have threatened us. They can't keep the dagger on my head to make me work. But we are confident about working out a solution when we talk to them", Mattoo said.
The players said that on the previous occasions they were paid money in advance but this time the fee has not been paid even after the conclusion of the tournament.
"We would like to be paid our money for Champions Challenge in Argentina. In the previous three years we were paid Rs. 25,000 each for every tournaments before we left India. We would like to be paid this time too and as for the future tournaments, please make arrangements to pay well in advance," the players had said in the letter.
India had won bronze medal in the tournament, held in Salta, Argentina last month.
Rajpal said the players were forced to take such a step because Hockey India "did not care for them".
"Hockey India does not care for the players, it is very sad. The sponsors are paying the money, but the players don't get anything," he said.
Apart from their dues, the players are also demanding an increase in their pay packages and some incentives.
China edges past Germany to become world's biggest exporter
BEIJING: China has edged past Germany to become the world’s biggest exporter. Though Chinese exports have also suffered a downturn during the financial crisis, it has done better than Germany owing to Beijing’s ability to prevent any gains in the local currency and the economic stimulus package.
Germany indirectly conceded defeat in the race when its national statistics office reported export figures below the levels achieved by China in the January-November period this year. Berlin reported exports of $1.05 trillion while Chinese exports were $1.07 trillion (734.6 billion euros) in the 11-month period.
Chinese exports fell 20 percent in the first 10 months of 2009 due to the global financial crisis. But there are signs of strong recovery and arrest the slide in exports in the first quarter of 2010 besides making some possible gains.
Analyst said Beijing’s refusal to buckle under western pressure to revise the rate of exchange for the Yuan helped Chinese exporters to stay afloat during the bad time. Premier Wen Jiabao said in an interview with the State media in late December that China will “absolutely not yield” to calls for currency gains from trading partners.
It is Beijing’s political will to resist western pressure as well as develop new markets by enhancing diplomatic exchanges with Asia and African countries that has helped China to both diversify and retain its export strengths.
Another reason is the generous export subsidy offered to exporters, who often earn a lot more from government support than they do by selling goods in foreign markets. Low cost loans and grants also helped a vast number of exporting companies to survive, analysts say.
The Global Trade Information Services Inc. earlier said that China shipped products worth $957.7 billion as compared to Germany’s exports of $917.7 billion in the first 10 months of 2009. But it is only now that Germany has confirmed China’s clear victory over it in the field of exports.
Attacks on Indians in Australia tragic: Rao
New Delhi: Describing the recent attacks on Indian students in Australia as "tragic", Foreign Secretary Nirupama Rao has said the environment of fear and suspicion prevailing in that nation is not good for bilateral relations.
The violent incidents are of grave concern to us and also for parents who are mostly from the middle-class and send their children there at great cost and difficulty, she said.
"These incidents have shaken the confidence of Indian students and their parents about Australia," Rao said in an interview to 'Outlook' magazine.
"It is very very important to restore that confidence. A climate of fear and suspicion is not good for the relationship between the two countries," she said.
Commenting on Sino-Indian relations, the foreign secretary said, the cooperation between India and China at Copenhagen has helped establish a very positive paradigm.
Arguing that Copenhagen ought not to have surprised people, Rao said, "Setting aside what one many have seen in the media, we have to acknowledge that the relationship has grown tremendously in the last few years."
On Bangladesh Prime Minister Sheikh Hasina Wajed's visit to India next week, she said it will be a "landmark" event Indo-Bangladesh bilateral relations.
"Considering the spirit of mutual trust and confidence, I think both governments are on the same page," she said.
J-K remains vulnerable to cross border militancy: Chidambaram
New Delhi:The Government on Friday said the country, especially Jammu and Kashmir, remains vulnerable to militant attacks sponsored by forces from across the border.
Complimenting the state police and CRPF for successfully eliminating two militants in Lal Chowk area of Srinagar on Wednesday, Home Minister P Chidambaram said the militants were in communication with their handlers outside the country.
"The incident highlights the fact that the country, especially Jammu and Kashmir, remains vulnerable to militant attacks sponsored by forces from across the border," he said in a statement.
The Home Minister said at the same time the country's capacity to neutralise a militant attack has also increased considerably.
"I would emphasise once again that the country, especially the security forces, must remain in high level of vigilance but there is no cause for panic. We must remain calm and confident that our security forces can face any challenge," he said.
Top cop arrested in Mumbai, charged with murder
Mumbai: Encounter specialist Pradeep Sharma has been arrested along with two constables in connection with an alleged fake encounter case in 2006.
Sharma, who was involved in over 100 encounters, was arrested on Thursday night and would be shortly produced in court. The arrest comes in the wake of investigations made by a Special Investigation Team (SIT) appointed by the Bombay
High Court into the alleged encounter of gangster Ram Narayan alias Lakhan Bhaiya on November 11, 2006 near Nana-Nani park in suburban Versova, officials said.
Lakhan's brother, advocate Ram Prasad Gupta, had filed a petition in the high court alleging that the victim had been shot dead in cold blood by a police team headed by Sharma.
According to the petitioner, Lakhan was picked up from his house by police seven hours prior to his death. His family members had then filed a complaint with police fearing that he may be killed in an encounter. They had also sent telegrams to police commissioners of Mumbai, Navi Mumbai and Thane in this connection.
According to the police, Lakhan was close to Chhota Rajan henchman D K Rao.
Acting on a tip off that Lakhan would come in the park, they led a trap for him and in the subsequent encounter between the two sides, Lakhan was killed.
Following the petition, the court had ordered the probe by the SIT team headed by DCP M M Prasanna.
Indian Business News
18 pct loan growth possible in FY10: SBI
Mumbai: Loan growth at State Bank of India, the country's largest lender, could reach 18 per cent in the current financial year to end-March, its chairman said on Friday.
"We will definitely cross 16 per cent as per our estimate. It is also possible to touch 18 per cent," O.P. Bhatt said at a news conference ahead of a banking conclave organised by the bank from Monday.
State Bank, which along with its associates controls almost a quarter of Indian bank loans and deposits, expects to maintain interest margins in the December quarter, Bhatt said.
He added that treasury gains are wearing off.
RIL revises Lyondell offer to $13.5 bn
New Delhi: Reliance Industries has offered USD 13.5 billion to buy LyondellBasell Industries, 12.5 per cent more than its previous offer, and may sweeten it further to get control of the bankrupt petrochemicals firm.
Mukesh Ambani-led RIL had in November offered about USD 12 billion in cash for a controlling stake in Lyondell and a couple of weeks ago sent a letter increasing its offer to USD 13.5 billion, sources familiar with the development said.
RIL has offered to buy about USD 2.2 billion in new stock and support a separate USD 2.8 billion rights offering by Lyondell to take the company out of bankruptcy. Most of the remaining would be in cash, they said.
The revised offer has not found much support from the US firm and RIL may sweeten the offer further, the sources said adding the company had time till February to make another offer.
An RIL spokesperson, however, declined to comment.
The Wall Street Journal, meanwhile, reported that Lyondell's board had rejected RIL's revised offer. It saw Lyondell valuation at about USD 15.5 billion, USD 2 billion more than RIL's revised offer.
Lyondell had a year ago filed for Chapter 11 bankruptcy protection under the US law after being unable to meet its debt obligations when global economic downturn saw demand dropping.
Economy may grow at 7% this year: PM
New Delhi: The Indian economy is expected to grow at 7 per cent this year and may soon return to sustained high growth path of 9-10 per cent, Prime Minister said on Friday at a conference of non-resident Indians.
Manmohan Singh said the government would like to address key constraints in the infrastructure and the agriculture sectors.
Indian Sports News
Cairns is welcome to sue me: Lalit Modi
Sydney: Indian Premier League boss Lalit Modi defended the IPL’s decision not to include Chris Cairns in the auction over alleged match fixing allegations, and said that the former New Zealand all rounder is free to sue him.

Hitting back at the Kiwi all rounder, Modi said: “Cairns is welcome to sue me if he wants.”
Modi rejected Cairns application to feature in the auction for IPL-3 because of his dismissal from the rival Indian Cricket League in 2008 over alleged match fixing charges.
Cairns said: “The allegation made by Lalit Modi that I have been involved in match fixing is scandalous and wholly untrue. For him to circulate such a falsehood around the world is outrageous. Modi’s allegation has caused me huge personal distress and professional damage.”
“I cannot allow these slurs to ruin my future and I have instructed my solicitors, Collyer Bristow LLP, to bring proceedings for defamation against Modi,” The Sydney Morning Herald quoted him, as saying.
Earlier Modi had said on Cairns: “Legally you may be correct. But he has a stigma around him for the same and as such the governing council has decided to withdraw his name from the auction.”
“Our tournament is by invitation only and as such we take issues at anything to do with match-fixing very seriously. Similarly Dinesh Mongia will not be allowed. We have zero tolerance for anything to do with the subject and as such will not like to take any chances if we don’t have to.”
Cairns and Mongia were sacked from the ICL for disciplinary reasons.
Hockey players revolt against non-payment of dues
Pune: Indian hockey plunged into a fresh crisis with revolting hockey players deciding to boycott the ongoing World Cup preparatory camp in Pune for an indefinite period in protest against non-payment of their dues.
The players took the unprecedented step to stay away from the camp after Hockey India, the interim body which is governing the game in the country, failed to respond to two of their letters asking the authorities to make the payments.
"We have decided to boycott the camp indefinitely till we are paid our money. We took such a decision in a meeting of players last night", said captain Rajpal Singh.
"Earlier we used to be paid after every tournament but it is not the case now. We had reminded the HI officials a few times, but nothing has been done. We will now report to the camp only after we are paid", Rajpal said.
The players' revolt comes barely a month before the hockey World Cup in New Delhi and is bound to have a bearing on the preparations for the high-profile event scheduled from February 28 to March 13.
The senior players were annoyed by the delay in payment and had written a letter to Hockey India President A K Mattoo demanding that money be paid within seven days.
The letter had no mention about the pullout but sources said that the players had actually made up their mind to withdraw from the camp if the payment was not made in a week's time.
Hockey India (HI) is, however, confident of sorting out the issue and has called some of the senior players for a meeting in New Delhi on Saturday.
Dhoni, Kohli win it for India
Mirpur (Bangladesh): Mohammad Ashraful and Aftab Ahmed left the cricketing world shell-shocked when they led Bangladesh to victory against world champions Australia in 2005. In the last decade, the side has fashioned one-day wins against Pakistan, New Zealand, West Indies, South Africa and Sri Lanka. But ask anybody on the streets in Dhaka, and they will say that there is an extra edge that comes with humbling India — as their team had done one dramatic day at Port-of-Spain in 2007.

The Sher-e-Bangla National Stadium in Mirpur — which has been half-full and docile for the first couple of days — turned into an intimidating cauldron on Thursday night as India slipped to 51 for three within the ninth over of their chase. The visitors had lost Virender Sehwag, Gautam Gambhir and Yuvraj Singh already, and the Bangladesh faithfuls in the stands sensed another historic night.
But the noise which had reached a crescendo soon got mellow, as Mahendra Singh Dhoni played kill-joy in a cool and collected manner to lead India to a comfortable six-wicket win. Coming in to bat with 246 runs still required, the Indian skipper scored his seventh ODI ton — remaining unbeaten on 101 off 107 balls — and shared a 152-run stand with Virat Kohli, who scored a defiant 102-ball 91. Kohli fell nine runs short of a century, but Suresh Raina joined his captain and crushed the partisan crowd’s hopes of a dramatic turnaround, finishing with a 43-ball 51.
Earlier in the day, though, Shakib Al Hasan won the toss and bravely elected to bat — a decision which took even Dhoni by surprise, as he later pointed out — and his batsmen didn’t let him down. Led by Tamim Iqbal, Imrul Kayes and later Mahmudullah, the Bangladesh batsmen not only embarrassed India’s much vaunted bowling attack, they also piled on a number of batting records, as they reached 296 for six.
PANCHKULA (HARYANA): A Panchkula court on Friday dismissed the anticipatory bail plea of former state police chief S P S Rathore, who molested teenager Ruchika Girhotra 19 years ago, leaving it open for the Haryana police to arrest him any time.
Additional District and Sessions Judge Sanjeev Jindal dismissed the bail plea filed by Rathore after two fresh First Information Reports (FIRs) were registered against him Dec 29.
Rathore was booked under non-bailable charges like attempt to murder, criminal intimidation, forging evidence, wrongful confinement, fabricating false evidence and criminal conspiracy.
Neither Rathore nor his wife Abha Rathore, who is his counsel, were present in the court when the bail plea was dismissed.
Rathore had got interim relief Jan 1 from the court till Friday on his bail plea in the matter pertaining to the two fresh FIRs registered against him.
The court also rejected the anticipatory bail plea of another Haryana police official, Sewa Singh, a sub-inspector posted at Pinjore near Panchkula, who also has been accused of implicating Ruchika's brother Ashu in false cases of car theft, allegedly at Rathore's behest.
Sources in the Haryana police said after the court order that the state director general of police (DGP) and senior home department officials could now consult chief minister Bhupinder Singh Hooda before arresting Rathore.
The Haryana police, through the state government, have already recommended to the Central government that the fresh cases, including a third FIR charging Rathore of abetment to suicide of Ruchika, be handed over to the Central Bureau of Investigation (CBI) for investigation.
"I am happy and I have hope that justice will be done. We want him arrested immediately," Ruchika's friend Aradhana, whose family fought the case against Rathore for over 19 years, said after the bail plea was rejected.
Aradhana alleged that state officials had already been supporting Rathore in the past and that she did not have much faith in the state machinery to take action against him.
"The CBI is a more independent agency and I hope they will be able to investigate the matter properly," Aradhana added.
Rathore's counsel said after the dismissal of the bail plea that they would move the high court to seek relief.
Ruchika, a teenaged budding tennis player, was molested by Rathore, then an inspector general of police, in Panchkula August 12, 1990. Three years later, Ruchika committed suicide.
Nineteen years after the molestation incident, Rathore was convicted by a Central Bureau of Investigation (CBI) special court here Dec 21 and sentenced to six months' rigorous imprisonment and a fine of Rs 1,000.
The light conviction led to uproar in different sections of society, forcing authorities to re-visit the case and seek justice for the molestation victim.
A magisterial inquiry by the Chandigarh administration had Thursday indicted Ruchika's school, Sacred Heart school, and its principal for her expulsion on the flimsy grounds of non-payment of fee in 1990, just after her molestation incident. A Panchkula court on Friday dismissed the anticipatory bail plea of former state police chief S P S Rathore, who molested teenager Ruchika Girhotra 19 years ago, leaving it open for the Haryana police to arrest him any time.
Additional District and Sessions Judge Sanjeev Jindal dismissed the bail plea filed by Rathore after two fresh First Information Reports (FIRs) were registered against him Dec 29.
Rathore was booked under non-bailable charges like attempt to murder, criminal intimidation, forging evidence, wrongful confinement, fabricating false evidence and criminal conspiracy.
Neither Rathore nor his wife Abha Rathore, who is his counsel, were present in the court when the bail plea was dismissed.
Rathore had got interim relief Jan 1 from the court till Friday on his bail plea in the matter pertaining to the two fresh FIRs registered against him.
The court also rejected the anticipatory bail plea of another Haryana police official, Sewa Singh, a sub-inspector posted at Pinjore near Panchkula, who also has been accused of implicating Ruchika's brother Ashu in false cases of car theft, allegedly at Rathore's behest.
Sources in the Haryana police said after the court order that the state director general of police (DGP) and senior home department officials could now consult chief minister Bhupinder Singh Hooda before arresting Rathore.
The Haryana police, through the state government, have already recommended to the Central government that the fresh cases, including a third FIR charging Rathore of abetment to suicide of Ruchika, be handed over to the Central Bureau of Investigation (CBI) for investigation.
"I am happy and I have hope that justice will be done. We want him arrested immediately," Ruchika's friend Aradhana, whose family fought the case against Rathore for over 19 years, said after the bail plea was rejected.
Aradhana alleged that state officials had already been supporting Rathore in the past and that she did not have much faith in the state machinery to take action against him.
"The CBI is a more independent agency and I hope they will be able to investigate the matter properly," Aradhana added.
Rathore's counsel said after the dismissal of the bail plea that they would move the high court to seek relief.
Ruchika, a teenaged budding tennis player, was molested by Rathore, then an inspector general of police, in Panchkula August 12, 1990. Three years later, Ruchika committed suicide.
Nineteen years after the molestation incident, Rathore was convicted by a Central Bureau of Investigation (CBI) special court here Dec 21 and sentenced to six months' rigorous imprisonment and a fine of Rs 1,000.
The light conviction led to uproar in different sections of society, forcing authorities to re-visit the case and seek justice for the molestation victim.
A magisterial inquiry by the Chandigarh administration had Thursday indicted Ruchika's school, Sacred Heart school, and its principal for her expulsion on the flimsy grounds of non-payment of fee in 1990, just after her molestation incident.
Open revolt in Indian hockey, players refuse to turn up for practice
NEW DELHI: Indian hockey plunged into a fresh crisis on Friday with revolting hockey players deciding to boycott the ongoing World Cup preparatory camp here for an indefinite period in protest against non-payment of their dues.
The players took the unprecedented step to stay away from the camp after Hockey India, the interim body which is governing the game in the country, failed to respond to two of their letters asking the authorities to make the payments.
"We have decided to boycott the camp indefinitely till we are paid our money. We took such a decision in a meeting of players last night", captain Rajpal Singh said.
"Earlier we used to be paid after every tournament but it is not the case now. We had reminded the HI officials a few times, but nothing has been done. We will now report to the camp only after we are paid", Rajpal said.
The players' revolt comes barely a month before the hockey World Cup in New Delhi and is bound to have a bearing on the preparations for the high-profile event scheduled from February 28 to March 13.
The senior players were annoyed by the delay in payment and had written a letter to Hockey India President A K Mattoo demanding that money be paid within seven days.
The letter had no mention about the pullout but sources said that the players had actually made up their mind to withdraw from the camp if the payment was not made in a week's time.
Hockey India (HI) is, however, confident of sorting out the issue and has called some of the senior players for a meeting in New Delhi on Saturday.
Six of the senior players --captain Rajpal Singh, Sardara Singh, Prabhjot Singh, Sandeep Singh, Tushar Khandekar and Arjun Halappa --will be in Delhi on Saturday for a promotional shoot and are expected to meet the HI officals to sort out the payment issue.
"I had received their letter two days back. I have mailed my response to them yesterday. I have called them for a meeting when the players come to Delhi tomorrow", HI President A K Mattoo said.
"I will talk to them and look into the matter to understand what exactly their grievances are. I am confident that we will sort out the problem soon," he said.
Although the players claimed that they had given HI time till January 8 to resolve the issue, Mattoo said no such deadline was given to them.
"There was no mention of the deadline in the letter. Above all, they are the national hockey players. They should not have threatened us. They can't keep the dagger on my head to make me work. But we are confident about working out a solution when we talk to them", Mattoo said.
The players said that on the previous occasions they were paid money in advance but this time the fee has not been paid even after the conclusion of the tournament.
"We would like to be paid our money for Champions Challenge in Argentina. In the previous three years we were paid Rs. 25,000 each for every tournaments before we left India. We would like to be paid this time too and as for the future tournaments, please make arrangements to pay well in advance," the players had said in the letter.
India had won bronze medal in the tournament, held in Salta, Argentina last month.
Rajpal said the players were forced to take such a step because Hockey India "did not care for them".
"Hockey India does not care for the players, it is very sad. The sponsors are paying the money, but the players don't get anything," he said.
Apart from their dues, the players are also demanding an increase in their pay packages and some incentives.
China edges past Germany to become world's biggest exporter
BEIJING: China has edged past Germany to become the world’s biggest exporter. Though Chinese exports have also suffered a downturn during the financial crisis, it has done better than Germany owing to Beijing’s ability to prevent any gains in the local currency and the economic stimulus package.
Germany indirectly conceded defeat in the race when its national statistics office reported export figures below the levels achieved by China in the January-November period this year. Berlin reported exports of $1.05 trillion while Chinese exports were $1.07 trillion (734.6 billion euros) in the 11-month period.
Chinese exports fell 20 percent in the first 10 months of 2009 due to the global financial crisis. But there are signs of strong recovery and arrest the slide in exports in the first quarter of 2010 besides making some possible gains.
Analyst said Beijing’s refusal to buckle under western pressure to revise the rate of exchange for the Yuan helped Chinese exporters to stay afloat during the bad time. Premier Wen Jiabao said in an interview with the State media in late December that China will “absolutely not yield” to calls for currency gains from trading partners.
It is Beijing’s political will to resist western pressure as well as develop new markets by enhancing diplomatic exchanges with Asia and African countries that has helped China to both diversify and retain its export strengths.
Another reason is the generous export subsidy offered to exporters, who often earn a lot more from government support than they do by selling goods in foreign markets. Low cost loans and grants also helped a vast number of exporting companies to survive, analysts say.
The Global Trade Information Services Inc. earlier said that China shipped products worth $957.7 billion as compared to Germany’s exports of $917.7 billion in the first 10 months of 2009. But it is only now that Germany has confirmed China’s clear victory over it in the field of exports.
Attacks on Indians in Australia tragic: Rao
New Delhi: Describing the recent attacks on Indian students in Australia as "tragic", Foreign Secretary Nirupama Rao has said the environment of fear and suspicion prevailing in that nation is not good for bilateral relations.
The violent incidents are of grave concern to us and also for parents who are mostly from the middle-class and send their children there at great cost and difficulty, she said.
"These incidents have shaken the confidence of Indian students and their parents about Australia," Rao said in an interview to 'Outlook' magazine.
"It is very very important to restore that confidence. A climate of fear and suspicion is not good for the relationship between the two countries," she said.
Commenting on Sino-Indian relations, the foreign secretary said, the cooperation between India and China at Copenhagen has helped establish a very positive paradigm.
Arguing that Copenhagen ought not to have surprised people, Rao said, "Setting aside what one many have seen in the media, we have to acknowledge that the relationship has grown tremendously in the last few years."
On Bangladesh Prime Minister Sheikh Hasina Wajed's visit to India next week, she said it will be a "landmark" event Indo-Bangladesh bilateral relations.
"Considering the spirit of mutual trust and confidence, I think both governments are on the same page," she said.
J-K remains vulnerable to cross border militancy: Chidambaram
New Delhi:The Government on Friday said the country, especially Jammu and Kashmir, remains vulnerable to militant attacks sponsored by forces from across the border.
Complimenting the state police and CRPF for successfully eliminating two militants in Lal Chowk area of Srinagar on Wednesday, Home Minister P Chidambaram said the militants were in communication with their handlers outside the country.
"The incident highlights the fact that the country, especially Jammu and Kashmir, remains vulnerable to militant attacks sponsored by forces from across the border," he said in a statement.
The Home Minister said at the same time the country's capacity to neutralise a militant attack has also increased considerably.
"I would emphasise once again that the country, especially the security forces, must remain in high level of vigilance but there is no cause for panic. We must remain calm and confident that our security forces can face any challenge," he said.
Top cop arrested in Mumbai, charged with murder
Mumbai: Encounter specialist Pradeep Sharma has been arrested along with two constables in connection with an alleged fake encounter case in 2006.
Sharma, who was involved in over 100 encounters, was arrested on Thursday night and would be shortly produced in court. The arrest comes in the wake of investigations made by a Special Investigation Team (SIT) appointed by the Bombay
High Court into the alleged encounter of gangster Ram Narayan alias Lakhan Bhaiya on November 11, 2006 near Nana-Nani park in suburban Versova, officials said.
Lakhan's brother, advocate Ram Prasad Gupta, had filed a petition in the high court alleging that the victim had been shot dead in cold blood by a police team headed by Sharma.
According to the petitioner, Lakhan was picked up from his house by police seven hours prior to his death. His family members had then filed a complaint with police fearing that he may be killed in an encounter. They had also sent telegrams to police commissioners of Mumbai, Navi Mumbai and Thane in this connection.
According to the police, Lakhan was close to Chhota Rajan henchman D K Rao.
Acting on a tip off that Lakhan would come in the park, they led a trap for him and in the subsequent encounter between the two sides, Lakhan was killed.
Following the petition, the court had ordered the probe by the SIT team headed by DCP M M Prasanna.
Indian Business News
18 pct loan growth possible in FY10: SBI
Mumbai: Loan growth at State Bank of India, the country's largest lender, could reach 18 per cent in the current financial year to end-March, its chairman said on Friday.
"We will definitely cross 16 per cent as per our estimate. It is also possible to touch 18 per cent," O.P. Bhatt said at a news conference ahead of a banking conclave organised by the bank from Monday.
State Bank, which along with its associates controls almost a quarter of Indian bank loans and deposits, expects to maintain interest margins in the December quarter, Bhatt said.
He added that treasury gains are wearing off.
RIL revises Lyondell offer to $13.5 bn
New Delhi: Reliance Industries has offered USD 13.5 billion to buy LyondellBasell Industries, 12.5 per cent more than its previous offer, and may sweeten it further to get control of the bankrupt petrochemicals firm.
Mukesh Ambani-led RIL had in November offered about USD 12 billion in cash for a controlling stake in Lyondell and a couple of weeks ago sent a letter increasing its offer to USD 13.5 billion, sources familiar with the development said.
RIL has offered to buy about USD 2.2 billion in new stock and support a separate USD 2.8 billion rights offering by Lyondell to take the company out of bankruptcy. Most of the remaining would be in cash, they said.
The revised offer has not found much support from the US firm and RIL may sweeten the offer further, the sources said adding the company had time till February to make another offer.
An RIL spokesperson, however, declined to comment.
The Wall Street Journal, meanwhile, reported that Lyondell's board had rejected RIL's revised offer. It saw Lyondell valuation at about USD 15.5 billion, USD 2 billion more than RIL's revised offer.
Lyondell had a year ago filed for Chapter 11 bankruptcy protection under the US law after being unable to meet its debt obligations when global economic downturn saw demand dropping.
Economy may grow at 7% this year: PM
New Delhi: The Indian economy is expected to grow at 7 per cent this year and may soon return to sustained high growth path of 9-10 per cent, Prime Minister said on Friday at a conference of non-resident Indians.
Manmohan Singh said the government would like to address key constraints in the infrastructure and the agriculture sectors.
Indian Sports News
Cairns is welcome to sue me: Lalit Modi
Sydney: Indian Premier League boss Lalit Modi defended the IPL’s decision not to include Chris Cairns in the auction over alleged match fixing allegations, and said that the former New Zealand all rounder is free to sue him.

Hitting back at the Kiwi all rounder, Modi said: “Cairns is welcome to sue me if he wants.”
Modi rejected Cairns application to feature in the auction for IPL-3 because of his dismissal from the rival Indian Cricket League in 2008 over alleged match fixing charges.
Cairns said: “The allegation made by Lalit Modi that I have been involved in match fixing is scandalous and wholly untrue. For him to circulate such a falsehood around the world is outrageous. Modi’s allegation has caused me huge personal distress and professional damage.”
“I cannot allow these slurs to ruin my future and I have instructed my solicitors, Collyer Bristow LLP, to bring proceedings for defamation against Modi,” The Sydney Morning Herald quoted him, as saying.
Earlier Modi had said on Cairns: “Legally you may be correct. But he has a stigma around him for the same and as such the governing council has decided to withdraw his name from the auction.”
“Our tournament is by invitation only and as such we take issues at anything to do with match-fixing very seriously. Similarly Dinesh Mongia will not be allowed. We have zero tolerance for anything to do with the subject and as such will not like to take any chances if we don’t have to.”
Cairns and Mongia were sacked from the ICL for disciplinary reasons.
Hockey players revolt against non-payment of dues
Pune: Indian hockey plunged into a fresh crisis with revolting hockey players deciding to boycott the ongoing World Cup preparatory camp in Pune for an indefinite period in protest against non-payment of their dues.
The players took the unprecedented step to stay away from the camp after Hockey India, the interim body which is governing the game in the country, failed to respond to two of their letters asking the authorities to make the payments.
"We have decided to boycott the camp indefinitely till we are paid our money. We took such a decision in a meeting of players last night", said captain Rajpal Singh.
"Earlier we used to be paid after every tournament but it is not the case now. We had reminded the HI officials a few times, but nothing has been done. We will now report to the camp only after we are paid", Rajpal said.
The players' revolt comes barely a month before the hockey World Cup in New Delhi and is bound to have a bearing on the preparations for the high-profile event scheduled from February 28 to March 13.
The senior players were annoyed by the delay in payment and had written a letter to Hockey India President A K Mattoo demanding that money be paid within seven days.
The letter had no mention about the pullout but sources said that the players had actually made up their mind to withdraw from the camp if the payment was not made in a week's time.
Hockey India (HI) is, however, confident of sorting out the issue and has called some of the senior players for a meeting in New Delhi on Saturday.
Dhoni, Kohli win it for India
Mirpur (Bangladesh): Mohammad Ashraful and Aftab Ahmed left the cricketing world shell-shocked when they led Bangladesh to victory against world champions Australia in 2005. In the last decade, the side has fashioned one-day wins against Pakistan, New Zealand, West Indies, South Africa and Sri Lanka. But ask anybody on the streets in Dhaka, and they will say that there is an extra edge that comes with humbling India — as their team had done one dramatic day at Port-of-Spain in 2007.

The Sher-e-Bangla National Stadium in Mirpur — which has been half-full and docile for the first couple of days — turned into an intimidating cauldron on Thursday night as India slipped to 51 for three within the ninth over of their chase. The visitors had lost Virender Sehwag, Gautam Gambhir and Yuvraj Singh already, and the Bangladesh faithfuls in the stands sensed another historic night.
But the noise which had reached a crescendo soon got mellow, as Mahendra Singh Dhoni played kill-joy in a cool and collected manner to lead India to a comfortable six-wicket win. Coming in to bat with 246 runs still required, the Indian skipper scored his seventh ODI ton — remaining unbeaten on 101 off 107 balls — and shared a 152-run stand with Virat Kohli, who scored a defiant 102-ball 91. Kohli fell nine runs short of a century, but Suresh Raina joined his captain and crushed the partisan crowd’s hopes of a dramatic turnaround, finishing with a 43-ball 51.
Earlier in the day, though, Shakib Al Hasan won the toss and bravely elected to bat — a decision which took even Dhoni by surprise, as he later pointed out — and his batsmen didn’t let him down. Led by Tamim Iqbal, Imrul Kayes and later Mahmudullah, the Bangladesh batsmen not only embarrassed India’s much vaunted bowling attack, they also piled on a number of batting records, as they reached 296 for six.
Tuesday, June 30, 2009
Today's Breaking News of India
I'm ready to own Babri demolition: Uma
BHOPAL: Bhartiya Janshakti Party president Uma Bharti has said that she is ready to own responsibility for the demolition of the disputed Babri mosque at Ayodhya and has no problem even if she is hanged on the issue.
Reacting to the submission of the Liberhan Commission report on the demolition of the mosque, Bharti told reporters at her residence "like a good commander, I am ready to own the responsibility of the Babri masjid's demolition and I have no problem even if I will be hanged on the issue."
"The report which was submitted to the Prime Minister after 17 years of the constitution of the Commission is an attempt to appease Muslim community," the former MP chief minister said.
"The UPA government led by Congress was unable to find a single person responsible for the massacre of 20,000 Sikhs at the behest of Congress after the death of the former Prime Minister Indira Gandhi," she alleged.
"By doing so they deliberately wanted to term us culprits with an intention to divide Hindus and Muslims for political gains," the former firebrand BJP leader said.
She also appealed to the BJP leaders not to apologise for the demolition of Babri mosque as they themselves invited large number of people at Ayodhya for starting the 'Karseva'.
'Excessive protests' by BJP shows guilty mind: Cong
New Delhi:Congress on Tuesday said "excessive protests" by BJP even before contents of the Liberhan Commission report are out show a "guilty mind". "Excessive protests by the BJP in advance reflects a guilty mind," party spokesperson Abhishek Singhvi said reacting to BJP's statements after the Liberhan Commission probing the Babri mosque demolition in 1992 submitted its report to Prime Minister Manmohan Singh on Tuesday.
Senior party leader and AICC in-charge for Uttar Pradesh Digivjay Singh said that there was a conspiracy to bring down the Babari mosque and the entire world has seen who all were involved. "Government will place the report before the people. A conspiracy was hatched... the entire world has seen on television that BJP leaders were involved...What is there to prove," Singh said and took names of BJP leaders Uma Bharti, Vinay Katiyar, Murli Manohar Joshi and Lal Krishna Advani and Kalyan Singh as those accused in the case. Singh alleged that the entire emotion (leading to the demolition of the mosque) was whipped up by Advani's Rathyatra. Singh said that the then UP Chief Minister Kalyan Singh has already got punishment from the Supreme Court and he had also apologised for it. "Advani ji claims that he was shedding tears when the mosque was demolished but the BJP leaders say that it is a matter of pride for them. This is double-faced character of BJP," Singh added.
Another party spokesperson Manish Tewari said that the Government will take appropriate action on the report of the Commission. "The Commission has submitted its report. Government will now study the report and take appropriate action," party spokesman Manish Tewari said. He added that the Government will "apply its mind" and come to "appropriate conclusions". Welcoming the submission of the Commission report, another party leader Shakeel Ahmed said, "the country will come to know the truth behind the incident of the mosque demolition when the government takes the next step".
Yemeni plane crashes in Indian Ocean, 153 on board
MORONI: An airliner with 153 people on board belonging to Yemeni state carrier Yemenia crashed into choppy seas as it came in to land on the Yemeni plane crash archipelago of Comoros on Tuesday, officials said.
"The plane has crashed and we still don't know exactly where. We think it's in the area of Mitsamiouli. There were 153 passengers on board," Comoros vice-president Idi Nadhoim said from the airport at the main island's capital Moroni.
A Paris airport spokeswoman said a Yemenia flight left Paris on Monday morning before landing in Yemen and then taking off for Moroni.
Ibrahim Kassim, a representative from regional air security body ASECNA, said the plane had probably come down 5 to 10 km (3 to 6 miles) from the coast, and civilian and military boats had been mobilised to start searching.
"We think the crash is somewhere along its landing approach," Kassim said. "The weather is really not very favourable. The sea is very rough."
ASECNA -- the Agency for Aviation Security and Navigation in Africa and Madagascar -- covers Francophone Africa. The town of Mitsamiouli is on the main island Grande Comore. "There is a crash, there is a crash in the sea," said an unnamed official who answered the phone in the Yemenia office in Moroni. He declined further comment. An airline official in Yemen declined to comment.
COMING TO LAND
Interior minister Hamid Bourhane said the army had sent small speedboats to an area between the village of Ntsaoueni and the airport.
"At the moment we don't have any information about whether there are any survivors," he said. A medical worker in Mitsamiouli said he had been called in. "They have just called me to come to the hospital. They said a plane had crashed," he said.
A United Nations official at the airport, who declined to be named, said the control tower had received notification the plane was coming into land, and then lost contact with it. Yemenia, which is 51% owned by the Yemeni government and 49% owned by the Saudi Arabian government, flies to Moroni, according to flight schedules
on its website. Yemenia's fleet includes two Airbus 330-200s, four Airbus 310-300s and four Boeing 737-800s, according to the site.
The Comoros covers three small volcanic islands, Grande Comore, Anjouan and Moheli, in the Mozambique channel, 300 km (190 miles) northwest of Madagascar and a similar distance east of the African mainland. A hijacked Ethiopian Airlines Boeing 767 crashed into the sea off the Comoros islands in 1996, killing 125 of 175 passengers and crew.
Toddler rescued from Yemenia plane crash
SAN'A, Yemen:A toddler has been rescued alive from the Airbus 310 that crashed off Indian Ocean island with 153 people on board early Tuesday as it tried to land during heavy wind on the island nation of Comoros, a Yemeni aviation official said.
Bodies were spotted floating off the coast and a Comoros police official said three had been recovered so far.
Yemeni civil aviation deputy chief Mohammed Abdul Qader said there were 142 passengers and a crew of 11 Yemenis on board when the plane, which had set off from the Yemeni capital of San'a, went down before landing in Moroni, on the main island of Grand Comore.
The majority of the passengers were from the Comoros islands, returning home from Paris, he said. Those on board included families with children and there were at least three babies on board, he added.
French Foreign Minister Bernard Kouchner said in a statement that 66 of the passengers were French. He said French aviation and naval support was heading to help in search operations at the Comoros government's request.
Abdul Qader, the Yemeni official, said bodies have been spotted floating off the archipelago and that a rescue and search effort was under way. He said Yemeni, French and Comoron officials were coordinating to investigate the plane crash.
"They spotted an oil spill 16 or 17 miles in the Ocean off the (Moroni) airport," Abdul Qader said, adding that three Comoron boats are searching for the debris and bodies. "The wind speed was 61 kilometers per hour as the plane was landing."
TRAI issues draft for Mobile Number Portability
New Delhi:Telecom Regulatory Authority of India (TRAI) issued draft regulations for introduction of mobile number portability (MNP) in the country.

The draft regulations describe the rights, obligations and duties of both the telecom operators (donor and recipient) for the "porting" (changing) of mobile number, TRAI said in a statement.
MNP allows a user to change his/her telecom operator without changing the mobile phone number. The draft suggests that a mobile subscriber shall be eligible to make a request for "porting" (changing) his mobile number upon expiry of a period of ninety days from the date of activation of his present mobile connection.
The recipient operator, within five days of receiving a written request, has to carry out subscriber verification according to the guidelines for acquiring a new user.
Upon verification, the request is to be forwarded to the donor operator (to whose network such mobile subscriber number currently belongs) for seeking its clearance.
Upon receipt of the porting request, the donor operator shall verify and communicate the details to the MNP service provider within two working days.
The Department of Telecommunications (DoT) had issued guidelines for MNP service license in August last year and its envisaged geographical division of the country into two Number Portability Zones, each consisting of 11 licensed service areas.
Subsequently, one MNP service provider in each zone was selected -- Syniverse Technologies (in north and western India) and MNP Interconnection Telecom Solutions (for east and southern India). The licenses were granted in March this year.
The MNP service provider would be responsible for establishing, operating and maintaining the MNP Clearing House and the Number Portability Database.
Adobe in one-week US shut down
SAN FRANCISCO: Adobe Inc, the world’s biggest maker of graphic-design software, shut down North American operations this week, part of a plan to cut operating costs as the recession crimps sales.
Adobe told employees in March it would impose one-week closures in the second, third and fourth quarters, and asked staff to take paid vacation time, the company said today.
“These are in addition to the normal holiday shutdown” between Christmas and New Year’s Day, San Jose, California-based Adobe said in an e-mail.
The company has frozen salaries, trimmed bonuses and variable compensation plans, and curbed travel expenses, Chief Executive Officer Mark Garrett said in an April interview. In December, the company fired about 8 percent of the workforce to help rein in costs during the economic slump.
Second-quarter sales fell 21 percent as customers held off upgrading to the latest version of Adobe’s Creative Suite programs, which account for about 60 percent of revenue. Sales in Europe trailed expectations, the company said on a June 16 conference call.
Adobe advanced 62 cents to $28.62 at 4 p.m. New York time on the Nasdaq Stock Market. The shares have gained 34 percent this year.
Worldwide spending on information-technology products will shrink 9 percent this year as the economy contracts, according to Goldman Sachs Group Inc.
British bank Lloyds says it is cutting 2,100 more jobs
London:Britain's state-controlled Lloyds Banking Group said on Tuesday that it would cut 2,100 more jobs over the next three years as the embattled company seeks to streamline its operations.
"LBG is announcing today a number of organisational changes within its group operations and wholesale divisions," it said in a statement.
"These changes follow careful and detailed reviews by the group and will result in the bringing together of a number of functions."
Lloyds, which is 43-per cent owned by the government after a huge bailout, added that it has already cut 700 roles "through the natural attrition process" and the release of contract and agency workers.
"Following these changes, up to approximately 2,100 roles will be affected over the next three years. This number is mitigated by the creation of approximately 350 new roles in the wholesale division."
According to trade union estimates, the bank has now slashed around 7,000 jobs since its creation in January, when Lloyds TSB bought rival lender HBOS in a government-brokered deal.
Indian Sports News|Sports News|Wimbledon News
Fedex eases into quarters, Murray sweats it out
London:Heatwave conditions heralded the start of Wimbledon's second week on Monday as the surviving 32 men and women in the singles draws chased quarter-finals slots. With the mercury shooting past 30 degrees as Elena Dementieva polished off fellow Russian Elena Vesnina to become the first player into the last eight, fans grabbing spots near Henman Hill's huge video screen in advance of the Andy Murray show later sizzled in the sunshine.

Defending women's champion Venus Williams, looking for a third consecutive title here, was able to conserve vital energy, the American third seed strolling through to the quarters when tearful Serbian opponent Ana Ivanovic retired after losing the first set 6-1. Like the third round of a golf major, nicknamed moving day, when the top players begin to rise up the leaderboard, Wimbledon's second Monday is traditionally the moment when the main title contenders turn it up a notch.
Men's favorite Roger Federer, seeking to reclaim the title he has won five times, has not been absent from the second week of Wimbledon since 2002, the year before his domination of the grasscourt slam began. Federer, on course for a record 15th grand slam title, was scheduled first on Center Court for his fourth-round match against Robin Soderling, the Swede he beat in the French Open final earlier this month. At times during the first week Federer appeared to be playing exhibition tennis, so untroubled was his progress, Soderling's grass scorching serve and the baking temperatures should make the cool-as-a-cucumber Swiss break sweat.
Murray puts faith in coach's superstition to win Wimbledon title
London:Andy Murray's coaching team are leaving nothing to chance in his quest to become the first British player since Fred Perry in 1936 to win the men's singles title at Wimbledon. The Scot on Sunday revealed the superstitions of his coach that dictate the court on which he practices at the All England Club.
The world No3, who faces the No19 seed, Stanislas Wawrinka, in the fourth round on Monday, exuded such confidence during the first week that it is hard to imagine his coach, Miles Maclagan, seeing the need for lucky charms or favoured routines. But Murray said the man he hired in 2007 to replace Brad Gilbert was “a bit weird". "My coach is very superstitious so I just go along with his stuff," Murray told channelbee.com. "He always wants me to practice on a specific court, Court Three, before my first match. If I am playing at 2pm, then he will make me practice in the same place I practiced the day before. He's a bit weird like that."
Having beaten Robert Kendrick, Ernests Gulbis and Viktor Troicki in the opening week, the 22-year-old will be third on Centre Court today to face the Swiss Wawrinka, a man he has beaten four times in seven matches but has never played on grass. "There is quite a lot of psychology in tennis but you will rarely see it. John McEnroe has said that he used psychology as a sort of tactic. I wish there was more of it going on, as it makes it more interesting to watch,” said Murray.
Michael Vaughan retires, leaves a rich legacy behind
Edgbaston:Tired of battling poor form and a nagging knee injury, England's most successful Test captain Michael Vaughan announced his retirement from all forms of professional cricket with immediate effect.

"After a great deal of consideration, I've decided that now is the right time to retire from cricket," the 34-year-old Yorkshire batsman said in a statement.
Vaughan departs leaving a rich legacy, having won 26 of the 51 Test matches he was in charge of. His achievements include leading England to their first Ashes victory against Australia in 18 years in 2005, something he described as the defining moment of his captaincy.
"I'd like to wish Andrew Strauss and the current England team success in this Ashes series. I know they have the drive, ambition and abilities to repeat the success from 2005. Winning that series was most definitely the highpoint of my career," said Vaughan, whose exit was just a matter of time after the right-hander was excluded from England's pre-Ashes squad.
Vaughan said time was ripe to leave the scene and pave way for the youngsters. "It has been an enormous privilege to have played for and captained my country and this is one of the hardest decisions I have had to make.”
"Having played almost non-stop for sixteen seasons, I feel that the time is right for the focus to shift to the next generation," Vaughan said.
"We have some fantastic talent coming through the English counties and, with the next Ashes series upon us, now is the time for the younger players to rise to the challenge of building on the success achieved in English cricket in the last few years," he added.
BHOPAL: Bhartiya Janshakti Party president Uma Bharti has said that she is ready to own responsibility for the demolition of the disputed Babri mosque at Ayodhya and has no problem even if she is hanged on the issue.
Reacting to the submission of the Liberhan Commission report on the demolition of the mosque, Bharti told reporters at her residence "like a good commander, I am ready to own the responsibility of the Babri masjid's demolition and I have no problem even if I will be hanged on the issue."
"The report which was submitted to the Prime Minister after 17 years of the constitution of the Commission is an attempt to appease Muslim community," the former MP chief minister said.
"The UPA government led by Congress was unable to find a single person responsible for the massacre of 20,000 Sikhs at the behest of Congress after the death of the former Prime Minister Indira Gandhi," she alleged.
"By doing so they deliberately wanted to term us culprits with an intention to divide Hindus and Muslims for political gains," the former firebrand BJP leader said.
She also appealed to the BJP leaders not to apologise for the demolition of Babri mosque as they themselves invited large number of people at Ayodhya for starting the 'Karseva'.
'Excessive protests' by BJP shows guilty mind: Cong
New Delhi:Congress on Tuesday said "excessive protests" by BJP even before contents of the Liberhan Commission report are out show a "guilty mind". "Excessive protests by the BJP in advance reflects a guilty mind," party spokesperson Abhishek Singhvi said reacting to BJP's statements after the Liberhan Commission probing the Babri mosque demolition in 1992 submitted its report to Prime Minister Manmohan Singh on Tuesday.
Senior party leader and AICC in-charge for Uttar Pradesh Digivjay Singh said that there was a conspiracy to bring down the Babari mosque and the entire world has seen who all were involved. "Government will place the report before the people. A conspiracy was hatched... the entire world has seen on television that BJP leaders were involved...What is there to prove," Singh said and took names of BJP leaders Uma Bharti, Vinay Katiyar, Murli Manohar Joshi and Lal Krishna Advani and Kalyan Singh as those accused in the case. Singh alleged that the entire emotion (leading to the demolition of the mosque) was whipped up by Advani's Rathyatra. Singh said that the then UP Chief Minister Kalyan Singh has already got punishment from the Supreme Court and he had also apologised for it. "Advani ji claims that he was shedding tears when the mosque was demolished but the BJP leaders say that it is a matter of pride for them. This is double-faced character of BJP," Singh added.
Another party spokesperson Manish Tewari said that the Government will take appropriate action on the report of the Commission. "The Commission has submitted its report. Government will now study the report and take appropriate action," party spokesman Manish Tewari said. He added that the Government will "apply its mind" and come to "appropriate conclusions". Welcoming the submission of the Commission report, another party leader Shakeel Ahmed said, "the country will come to know the truth behind the incident of the mosque demolition when the government takes the next step".
Yemeni plane crashes in Indian Ocean, 153 on board
MORONI: An airliner with 153 people on board belonging to Yemeni state carrier Yemenia crashed into choppy seas as it came in to land on the Yemeni plane crash archipelago of Comoros on Tuesday, officials said.
"The plane has crashed and we still don't know exactly where. We think it's in the area of Mitsamiouli. There were 153 passengers on board," Comoros vice-president Idi Nadhoim said from the airport at the main island's capital Moroni.
A Paris airport spokeswoman said a Yemenia flight left Paris on Monday morning before landing in Yemen and then taking off for Moroni.
Ibrahim Kassim, a representative from regional air security body ASECNA, said the plane had probably come down 5 to 10 km (3 to 6 miles) from the coast, and civilian and military boats had been mobilised to start searching.
"We think the crash is somewhere along its landing approach," Kassim said. "The weather is really not very favourable. The sea is very rough."
ASECNA -- the Agency for Aviation Security and Navigation in Africa and Madagascar -- covers Francophone Africa. The town of Mitsamiouli is on the main island Grande Comore. "There is a crash, there is a crash in the sea," said an unnamed official who answered the phone in the Yemenia office in Moroni. He declined further comment. An airline official in Yemen declined to comment.
COMING TO LAND
Interior minister Hamid Bourhane said the army had sent small speedboats to an area between the village of Ntsaoueni and the airport.
"At the moment we don't have any information about whether there are any survivors," he said. A medical worker in Mitsamiouli said he had been called in. "They have just called me to come to the hospital. They said a plane had crashed," he said.
A United Nations official at the airport, who declined to be named, said the control tower had received notification the plane was coming into land, and then lost contact with it. Yemenia, which is 51% owned by the Yemeni government and 49% owned by the Saudi Arabian government, flies to Moroni, according to flight schedules
on its website. Yemenia's fleet includes two Airbus 330-200s, four Airbus 310-300s and four Boeing 737-800s, according to the site.
The Comoros covers three small volcanic islands, Grande Comore, Anjouan and Moheli, in the Mozambique channel, 300 km (190 miles) northwest of Madagascar and a similar distance east of the African mainland. A hijacked Ethiopian Airlines Boeing 767 crashed into the sea off the Comoros islands in 1996, killing 125 of 175 passengers and crew.
Toddler rescued from Yemenia plane crash
SAN'A, Yemen:A toddler has been rescued alive from the Airbus 310 that crashed off Indian Ocean island with 153 people on board early Tuesday as it tried to land during heavy wind on the island nation of Comoros, a Yemeni aviation official said.
Bodies were spotted floating off the coast and a Comoros police official said three had been recovered so far.
Yemeni civil aviation deputy chief Mohammed Abdul Qader said there were 142 passengers and a crew of 11 Yemenis on board when the plane, which had set off from the Yemeni capital of San'a, went down before landing in Moroni, on the main island of Grand Comore.
The majority of the passengers were from the Comoros islands, returning home from Paris, he said. Those on board included families with children and there were at least three babies on board, he added.
French Foreign Minister Bernard Kouchner said in a statement that 66 of the passengers were French. He said French aviation and naval support was heading to help in search operations at the Comoros government's request.
Abdul Qader, the Yemeni official, said bodies have been spotted floating off the archipelago and that a rescue and search effort was under way. He said Yemeni, French and Comoron officials were coordinating to investigate the plane crash.
"They spotted an oil spill 16 or 17 miles in the Ocean off the (Moroni) airport," Abdul Qader said, adding that three Comoron boats are searching for the debris and bodies. "The wind speed was 61 kilometers per hour as the plane was landing."
TRAI issues draft for Mobile Number Portability
New Delhi:Telecom Regulatory Authority of India (TRAI) issued draft regulations for introduction of mobile number portability (MNP) in the country.

The draft regulations describe the rights, obligations and duties of both the telecom operators (donor and recipient) for the "porting" (changing) of mobile number, TRAI said in a statement.
MNP allows a user to change his/her telecom operator without changing the mobile phone number. The draft suggests that a mobile subscriber shall be eligible to make a request for "porting" (changing) his mobile number upon expiry of a period of ninety days from the date of activation of his present mobile connection.
The recipient operator, within five days of receiving a written request, has to carry out subscriber verification according to the guidelines for acquiring a new user.
Upon verification, the request is to be forwarded to the donor operator (to whose network such mobile subscriber number currently belongs) for seeking its clearance.
Upon receipt of the porting request, the donor operator shall verify and communicate the details to the MNP service provider within two working days.
The Department of Telecommunications (DoT) had issued guidelines for MNP service license in August last year and its envisaged geographical division of the country into two Number Portability Zones, each consisting of 11 licensed service areas.
Subsequently, one MNP service provider in each zone was selected -- Syniverse Technologies (in north and western India) and MNP Interconnection Telecom Solutions (for east and southern India). The licenses were granted in March this year.
The MNP service provider would be responsible for establishing, operating and maintaining the MNP Clearing House and the Number Portability Database.
Adobe in one-week US shut down
SAN FRANCISCO: Adobe Inc, the world’s biggest maker of graphic-design software, shut down North American operations this week, part of a plan to cut operating costs as the recession crimps sales.
Adobe told employees in March it would impose one-week closures in the second, third and fourth quarters, and asked staff to take paid vacation time, the company said today.
“These are in addition to the normal holiday shutdown” between Christmas and New Year’s Day, San Jose, California-based Adobe said in an e-mail.
The company has frozen salaries, trimmed bonuses and variable compensation plans, and curbed travel expenses, Chief Executive Officer Mark Garrett said in an April interview. In December, the company fired about 8 percent of the workforce to help rein in costs during the economic slump.
Second-quarter sales fell 21 percent as customers held off upgrading to the latest version of Adobe’s Creative Suite programs, which account for about 60 percent of revenue. Sales in Europe trailed expectations, the company said on a June 16 conference call.
Adobe advanced 62 cents to $28.62 at 4 p.m. New York time on the Nasdaq Stock Market. The shares have gained 34 percent this year.
Worldwide spending on information-technology products will shrink 9 percent this year as the economy contracts, according to Goldman Sachs Group Inc.
British bank Lloyds says it is cutting 2,100 more jobs
London:Britain's state-controlled Lloyds Banking Group said on Tuesday that it would cut 2,100 more jobs over the next three years as the embattled company seeks to streamline its operations.
"LBG is announcing today a number of organisational changes within its group operations and wholesale divisions," it said in a statement.
"These changes follow careful and detailed reviews by the group and will result in the bringing together of a number of functions."
Lloyds, which is 43-per cent owned by the government after a huge bailout, added that it has already cut 700 roles "through the natural attrition process" and the release of contract and agency workers.
"Following these changes, up to approximately 2,100 roles will be affected over the next three years. This number is mitigated by the creation of approximately 350 new roles in the wholesale division."
According to trade union estimates, the bank has now slashed around 7,000 jobs since its creation in January, when Lloyds TSB bought rival lender HBOS in a government-brokered deal.
Indian Sports News|Sports News|Wimbledon News
Fedex eases into quarters, Murray sweats it out
London:Heatwave conditions heralded the start of Wimbledon's second week on Monday as the surviving 32 men and women in the singles draws chased quarter-finals slots. With the mercury shooting past 30 degrees as Elena Dementieva polished off fellow Russian Elena Vesnina to become the first player into the last eight, fans grabbing spots near Henman Hill's huge video screen in advance of the Andy Murray show later sizzled in the sunshine.

Defending women's champion Venus Williams, looking for a third consecutive title here, was able to conserve vital energy, the American third seed strolling through to the quarters when tearful Serbian opponent Ana Ivanovic retired after losing the first set 6-1. Like the third round of a golf major, nicknamed moving day, when the top players begin to rise up the leaderboard, Wimbledon's second Monday is traditionally the moment when the main title contenders turn it up a notch.
Men's favorite Roger Federer, seeking to reclaim the title he has won five times, has not been absent from the second week of Wimbledon since 2002, the year before his domination of the grasscourt slam began. Federer, on course for a record 15th grand slam title, was scheduled first on Center Court for his fourth-round match against Robin Soderling, the Swede he beat in the French Open final earlier this month. At times during the first week Federer appeared to be playing exhibition tennis, so untroubled was his progress, Soderling's grass scorching serve and the baking temperatures should make the cool-as-a-cucumber Swiss break sweat.
Murray puts faith in coach's superstition to win Wimbledon title
London:Andy Murray's coaching team are leaving nothing to chance in his quest to become the first British player since Fred Perry in 1936 to win the men's singles title at Wimbledon. The Scot on Sunday revealed the superstitions of his coach that dictate the court on which he practices at the All England Club.
The world No3, who faces the No19 seed, Stanislas Wawrinka, in the fourth round on Monday, exuded such confidence during the first week that it is hard to imagine his coach, Miles Maclagan, seeing the need for lucky charms or favoured routines. But Murray said the man he hired in 2007 to replace Brad Gilbert was “a bit weird". "My coach is very superstitious so I just go along with his stuff," Murray told channelbee.com. "He always wants me to practice on a specific court, Court Three, before my first match. If I am playing at 2pm, then he will make me practice in the same place I practiced the day before. He's a bit weird like that."
Having beaten Robert Kendrick, Ernests Gulbis and Viktor Troicki in the opening week, the 22-year-old will be third on Centre Court today to face the Swiss Wawrinka, a man he has beaten four times in seven matches but has never played on grass. "There is quite a lot of psychology in tennis but you will rarely see it. John McEnroe has said that he used psychology as a sort of tactic. I wish there was more of it going on, as it makes it more interesting to watch,” said Murray.
Michael Vaughan retires, leaves a rich legacy behind
Edgbaston:Tired of battling poor form and a nagging knee injury, England's most successful Test captain Michael Vaughan announced his retirement from all forms of professional cricket with immediate effect.

"After a great deal of consideration, I've decided that now is the right time to retire from cricket," the 34-year-old Yorkshire batsman said in a statement.
Vaughan departs leaving a rich legacy, having won 26 of the 51 Test matches he was in charge of. His achievements include leading England to their first Ashes victory against Australia in 18 years in 2005, something he described as the defining moment of his captaincy.
"I'd like to wish Andrew Strauss and the current England team success in this Ashes series. I know they have the drive, ambition and abilities to repeat the success from 2005. Winning that series was most definitely the highpoint of my career," said Vaughan, whose exit was just a matter of time after the right-hander was excluded from England's pre-Ashes squad.
Vaughan said time was ripe to leave the scene and pave way for the youngsters. "It has been an enormous privilege to have played for and captained my country and this is one of the hardest decisions I have had to make.”
"Having played almost non-stop for sixteen seasons, I feel that the time is right for the focus to shift to the next generation," Vaughan said.
"We have some fantastic talent coming through the English counties and, with the next Ashes series upon us, now is the time for the younger players to rise to the challenge of building on the success achieved in English cricket in the last few years," he added.
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