Indira Gandhi lent Indian politics the dynastic shift: Ramachandra Guha

BANGALORE: The Congress led by Indira Gandhi fostered a generation of hero worship and dynasty politics after 1969. This inspired many others like Muthuvel Karunanidhi, who started off with noble intentions to fight against caste discriminations, to do the same and has led to a centralization of politics in present India, said Ramachandra Guha, on Wednesday. He was speaking during the launch of...

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Black Hole Blast Biggest Ever Recorded

Astronomers have witnessed a record-breaking blast of gas and dust flowing out of a monster black hole more than 11.5 billion light-years away.The supermassive gravity well, with a mass of one to three billion suns, lurks at the core of a quasar—a class of extremely bright and energetic galaxies—dubbed SDSS J1106 1939. (See "Black Hole Blasts Superheated Early Universe.")"We discovered...

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Dos, Don'ts of Powerball Office Pools

Powerball fever is sweeping the nation.The Powerball jackpot is at a record high of $550 million. And with the winnings so high, everyone is rushing to buy a ticket in the hope that they'll be the lucky winner.A popular means of lotto ticket purchasing is an office pool -- in which a group of colleagues pools their money, buys a slate of tickets together and promises to share the...

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Keeping the financial regulators on their toes

When members of Congress need factual information and insights into the effectiveness of the financial laws put in place after the 2008 economic crisis, they regularly turn to the Government Accountability Office (GAO) and Orice Williams Brown. Initially as director and now as managing director of the GAO’s financial markets and community investment section, Brown and her staff have issued...

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Euro sags after new Greek debt deal sealed

NEW YORK: The euro fell against the dollar Tuesday following a week of gains after the European Union and IMF reached agreement on recasting Greece's bailout to avert a looming default.But the dollar's gains were limited by signs that negotiations in Washington over the looming fiscal cliff, remained divided on key issues.At 2200 GMT the euro was at $1.2938, down from $1.2971 at the same...

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Mamata to decide on voting over FDI

KOLKATA: With the Congress likely to garner a majority in Parliament over the FDI issue, the Trinamool Congress is yet to carve out its strategy in Parliament, in case Lok Sabha Speaker Meira Kumar allows the debate under rule 184. Trinamool leaders have left it to Trinamool chief Mamata Banerjee to decide whether the party will stage a walkout along with parties such as Samajwadi Party and Bahujan...

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Pictures: Falcon Massacre Uncovered in India

Photograph courtesy Conservation IndiaA young boy can sell bundles of fresh Amur falcons (pictured) for less than five dollars. Still, when multiplied by the thousands of falcons hunters can catch in a day, the practice can be a considerable financial boon to these groups.Since discovering the extent of Amur hunting in Nagaland this fall, Conservation India has taken the issue to the local Indian...

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Egypt Erupts Over Morsi's 'First Step for Tyranny'

Nov 27, 2012 1:33pm Khalil Hamra/AP PhotoCAIRO – Waves of protesters poured into Cairo’s Tahrir Square today to protest the far-reaching constitutional declaration made by President Mohammed Morsi last week that has essentially granted him unchecked power.Click here for images of the demonstrations in Tahrir Square.The new declaration frees Morsi from judicial oversight...

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Euro steady as traders await Greek rescue deal

NEW YORK: The euro traded in a narrow range against the dollar Monday in a nervous market awaiting the outcome of a meeting of Greece's creditors on crucial aid for the debt-crushed country.The euro bought $1.2971 at 2200 GMT, slightly down from $1.2973 at the same time Friday.The euro fell against the Japanese currency, to 106.38 yen from 106.90 late Friday, while the dollar fell to 81.98...

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Ex-NSG commando Surender Singh holds forth on 26/11 symbolism

NEW DELHI: Anti-graft crusader Arvind Kejriwal was not the only one to tug at the hearts of people gathered at his party launch on Monday. There was a soldier, who seemed to exemplify the popular slogan 'Jai Jawan Jai Kisan.' Ex-NSG commando Surender Singh made his public speaking debut at the gathering, but narrated his plight in an articulate manner. Born in a poor farmer's family in Haryana's...

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