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Posts Tagged ‘New Delhi’

Pakistan, Iran sign ‘peace pipeline’ deal


TEHRAN (AFP/Reuters) – Iran and Pakistan formally signed on Sunday an export deal which commits the Islamic republic to supplying its eastern neighbour with natural gas from 2014.
The contract is the latest step in completing a $7 billion “peace pipeline” deal between Iran and Pakistan within the next four years.
“This is a happy day,” Iran’s Deputy Oil Minister Javad Ouji told reporters at the contract signing ceremony in Tehran.
“After decades of negotiations, we are witnessing today the execution of the agreement… to export more than 21 million cubic metres (742 million cubic feet) of natural gas daily from 2014 to Pakistan,” he added. He said that from Monday, Iran will start building the next 300-kilometre leg of the pipeline from the southeastern city of Iranshahr to the Pakistani border, through the Iranian port of Chabahar.
Iran has already constructed 907 kilometres of the pipeline between Asalooyeh, in southern Iran, and Iranshahr, which will carry natural gas from IranÂ’s giant South Pars field.
PakistanÂ’s Deputy Energy Minister Kamran Lashari, who was present at the signing ceremony, said that Islamabad will conduct a one-year feasibility study for building its section of the pipeline.
It will then “take three years for constructing the 700-kilometre pipeline” from the Iranian border to the Pakistani city of Nawabshah, he added.
Pakistan plans to use the gas purchased from Iran for its power sector.
Ouji said that Iran, which has the second largest gas reserves in the world, currently produces 600 million cubic metres of natural gas, of which 430 to 440 million cubic metres is consumed domestically.
It plans to raise output to 900 million cubic metres over the next three years with the expansion of South Pars and hopes to further hike it to 1,100 million cubic metres by 2015.
Dubbed the “peace pipeline,” the project has been planned since the 1990s and originally would have extended from Pakistan to India. But New Delhi pulled out of the project last year.
The United States has tried to discourage India and Pakistan from any deal with Iran because of TehranÂ’s disputed nuclear programme, which the West fears is a cover to build bombs.
Iran, hit by a fourth round of UN sanctions on Wednesday over its refusal to suspend its uranium enrichment activities, denies any such ambitions.

Fortis fundraising may be for Parkway bid, UBS says

Fortis Healthcare may be raising funds for a potential general offer for Parkway Holdings Ltd. to counter a bid by Malaysian state investment company Khazanah Nasional Bhd., according to UBS AG.

Fortis plans to raise as much as 27.5 billion rupees ($826.3 million) and its board also approved increasing its borrowing limit to 60 billion rupees, the New Delhi-based company said yesterday. Khazanah on May 27 offered $3.78 a share, or a total of $1.8 billion, to more than double its stake to 51.5%.

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Microsoft CEO Ballmer Insists Company Still Top in Tech

Microsoft CEO Steve Ballmer suggested during a trip to New Delhi that despite Apple surpassing Microsoft in terms of market capitalization, his company remains the most profitable in the world. In addition to insisting on Microsofts competitive value, Ballmer also reportedly said that Windows Phone 7, the companys upcoming smartphone operating system, will indeed be released by the end of 2010. News of Apples higher market capitalization came after Microsoft announced a major shakeup of its Entertainment and Devices Division, which creates consumer products such as smartphone operating systems and the Xbox game console franchise. – Microsoft CEO Steve Ballmer suggested
during a trip to New Delhi that the
surpassing of Microsofts market capitalization by Apple, while trumpeted as a
major shake-up by the media, was not a cause for concern at Redmond.

On May 26, Apples market capitalization reached $227.1 billion, based on


Stalemate over Jharkhand govt likely to end today

New Delhi: The Bhartiya Janata Party [BJP] is likely to arrive at the formula that may end the ongoing tussle to form the govt in Jharkhand. The deadlock has been over the name of the new chief minister of the state.
BJP president Nitin Gadakar told the media that a final decision on the new chief [...]

Militant infrastructure in Pakistan still a concern: Antony

New Delhi, May 12 (ANI): Defence Minister A K Antony on Wednesday said Pakistan’’s militant infrastructure is still a matter of concern for India.
Reacting to a query about the resumption of talks between India and Pakistan at a time when there is an increase in infiltration attempts across the Line of Control, Antony said such [...]

Government to review ban on sugar futures after monsoon: Sharad Pawar

New Delhi, May 12 (ANI): Union Agriculture Minister Sharad Pawar on Wednesday said the government would consider lifting the embargo on sugar futures in trading after assessing the monsoon rains and relevant production.
“We have not applied our mind as yet. We are assessing the total sugar production; it will take three to four weeks. Then [...]

Manmohan Singh congratulates Cameron on taking charge as UK’’s PM

New Delhi, May 12 (ANI): Prime Minister Dr Manmohan Singh has congratulated David Cameron, for assuming charge of office as the newly elected Prime Minister of United Kingdom.
In a letter to Cameron, Dr Singh extended his warm wishes and hoped the two countries will further strengthen the bonds of friendship.
“Please accept my heartiest felicitations and [...]

BJP stages nationwide protest against misuse of CBI

New Delhi/ Gandhinagar (Gujarat), May 12 (ANI): The Bharatiya Janata Party (BJP) staged a nationwide protest on Wednesday against the alleged misuse of the Central Bureau of Investigation (CBI) by the Congress-led United Progressive Alliance (UPA) Government.
The BJP supporters and activists in the capital raised slogans against the Government and described CBI as the ”Corrupt [...]

Anil Ambani calls on prime minister

New Delhi, May 12 (IANS) Industrialist Anil Ambani called on Prime Minister Manmohan Singh here Wednesday, just days after the Supreme Court had ordered re-negotiation of the Krishna-Godavari gas supply pact with his older brother’s Reliance Industries.
The closed-door one-on-one meeting lasted around an hour.
Ambani declined comment on the purpose of the meeting and senior officials [...]

Aamir Ali collapses during ‘Zara Nachke Dikha’ shoot

New Delhi, May 12 (IANS) Television actor Aamir Ali was so exhausted after his performance on the dance reality show “Zara Nachke Dikha” that he collapsed on the sets.
“He performed a dance of the scavenger and he refused to speak to anyone before his performance. By mixing a bit of Krumping and Stomping, Aamir performed [...]

SC allow Reddy brothers to start mining

New Delhi: In a major respite to the Reddy brothers – owners of the Obulapuram Mining Company Ltd – the Supreme Court on Monday permitted them to resume mining in Andhra Pradesh on the condition that it would only be in undisputed areas.
The court had last week reserved orders on the plea of the Reddy [...]

Vidhu Chopra sends notice to ‘The 4th Idiot’ makers

New Delhi, May 8 (IANS) Vidhu Vinod Chopra, producer of the hit film “3 Idiots”, has sent a legal notice to the makers of animation film “The 4th Idiot” for copyright violation.
“You have used the name of our movie, its story (including scenario, screenplay, dialogues, etc) characters for publicizing and promoting your film,” according to [...]

Candlelight vigil to seek justice for Nirupama

Around 250 people held a candlelight vigil at the Jantar Mantar Saturday evening seeking justice for Delhi journalist Nirupama Pathak, who was found murdered at her home in Jharkhand April 29.
The protest was to have been held at the India Gate but the organisers, the Indian Institute of Mass Communication (IIMC) Alumni Association, later changed [...]

SC upholds selected UPSC candidates right to quota benefits

New Delhi, May 7 : A five judge Constitution Bench of the Supreme Court on Friday upheld the constitutional validity of a Union Public Service Commission (UPSC) rule allowing merit list candidates belonging to reserved category to avail the quota benefit while choosing posts.
The bench consisting of Chief Justice K [...]

Umesh Yadav to replace injured Praveen Kumar for T20

New Delhi, May 7: Young Vidarbha pace bowler Umesh Yadav, who had an impressive Indian Premier League (IPL) for Delhi Daredevils, will join the India squad at the Twenty20 World Cup in the Caribbean, replacing Praveen Kumar who is returning home with a side strain.
Announcing this here Thursday night, secretary of the Board of [...]

N-liability bill introduced, BJP walks out

New Delhi, May 7: The government Friday introduced the contentious civil nuclear liability bill in parliament, prompting the Bharatiya Janata Party (BJP) to dismiss it as “unconstitutional” and walk out of the Lok Sabha amid vigorous protests from opposition benches.
“It’s contrary to articles of the constitution. It’s illegal and unconstitutional,” BJP leader Yashwant Sinha told [...]

Why don’t Bollywood sci-fi movies work at box office?

New Delhi, May 7 :”Rudraksh”, “Alag”, “Love Story 2050″ and “Prince” – all belong to the sci-fi genre, but the other common factor linking these movies is they were duds at the box office.
The sci-fi genre suffers due to lack of good storyline and technology, say experts.
“Special effects need patience and a huge budget – [...]

Quota for MPs in central schools restored

New Delhi, May 7 : The Human Resource Development (HRD) ministry has decided to restore the MPs’ quota for admission of students in Kendriya Vidyalayas, the Rajya Sabha was told Friday.
HRD Minister Kapil Sibal said the decision was taken at a meeting of the Kendriya Vidyalaya Sangathana Thursday.
“We have decided to restore two nominations to [...]

Government undisputed owner of natural resources: Supreme Court

New Delhi, May 7 : The Supreme Court Friday said the government was the undisputed owner of natural resources and had the right to fix its price. It was delivering the verdict on the dispute over Krishna-Godavari gas between companies led by the two Ambani brothers, Mukesh and Anil.
Keeping the interests of Anil Ambani-led Reliance [...]

Ground realities in Kashmir changed: FM


ISLAMABAD – Minister for Foreign Affairs Shah Mahm-ood Qureshi has said that Kashmir is a cornerstone of Pakistan’s foreign policy and Islamabad wants a peaceful solution of the dispute according to the aspiration of Kashmiri people.
“We are firm to our stance and shall continue extending moral, diplomatic and political support to Kashmiri people. It is our principle stand on Kashmir and we shall continue efforts for a durable and peaceful resolution of this issue,” the Foreign Minister said while briefing the National Assembly about the Government’s policy on Kashmir.
He said that Pakistan had always desired purposeful dialogue with India to resolve outstanding issue including the core issue of Kashmir. He added that it was also agreed in Sharm el-Sheikh between the Prime Ministers of Pakistan and India that dialogue was the only way forward.
Pakistan wants a peaceful resolution of Kashmir issue in the light of the United Nations resolutions and according to aspirations of Kashmiri people. No solution to Kashmir issue will be durable until the Kashmiri leadership is not made part of it, Qureshi added.
Shah Mahmood Qureshi said after Mumbai carnage on 26/11, the process of composite dialogue was suspended but prior to that in June, same year, he took up Kashmir issue with India in New Delhi. He added that he himself gave a roadmap to the Indian Foreign Minister for engagements during the time when the dialogue was suspended. Qureshi told that his Indian counterpart at that time agreed that the dialogue should be resumed but he pledged to be back after consultation with his leadership, but he didnÂ’t.
He told that after 26/11, Indian side viewed that they did not oppose dialogue process but prior to that Pakistan should bring to task the people involved in Mumbai tragedy.
“We told them that process has been initiated. We have shared dossiers. Seven people have been arrested and their trial has also been initiated. The executive has done what the executive is supposed to do,” said Shah Mehmood Qureshi.
However, Prior to Mumbai tragedy, fifth round of composite dialogue was initiated in which the focus was on Kashmir. Later President Asif Ali Zardari and Indian Prime Minister Manmohan Singh met in New York and exchanged views on Kashmir and water issues and agreed for continuation and deepening of peaceful dialogue for resolution of Kashmir, Foreign Minister briefed the House.
Later the Prime Minster Yousuf Raza Gilani met with Indian Premium Manmohan Singh in July 2008 and a joint declaration came forward which proved that Pakistan had presented Kashmir case successfully and Indian Premier had to face severe criticism in his country over agreeing to discuss all issues including meeting of foreign secretaries.
However, he said both India and Pakistan acted maturely and did not stop confidence building measures (CBMs) including the ceasefire on LoC, uninterrupted bus service and cross LoC trade, and sent a delegation of AJK Chamber of Commerce and Industry to Occupied Kashmir and both sides agreed to form a federation.
The Foreign Minister stated that the Government was in constant touch with the Kashmiri leadership, as it believed that the durable solution to the issue was not possible without involving the real Kashmiri leadership. “Mirwaiz visited Pakistan from 21 to 25 June, 2008, and I have recently written letters to the Kashmiri leadership in Occupied Kashmir inviting them to visit Pakistan and hold consultations,” he said and added that “we must admit the ground realities in Kashmir have changed.”
Qureshi maintained that some situations had started emerging in Occupied Kashmir, mentioning to Amarnath Land issue, economic blockade in Jammu and the Shopian incident, which were all indigenous. Quoting the reports by the US State Department and a latter of Immensity International to US President Barack Hussain Obama, he said that both of these document had criticised India on the gross human rights violation in Occupied Kashmir.
Qureshi said both the Prime Ministers of Pakistan and India, in their recent meeting in Bhutan, deliberated on all circumstances and suspended dialogue process, adding that the whole world was urging for restoration of dialogue to resolve the sensitive issues. He further told that the term ‘Composite Dialogue’ was of the Indain Government while Pakistan was trying to term these dialogues as ‘Comprehensive Dialogue’. He was of the view that Musharraf’s policies had damaged the Kashmir cause and the incumbent Government was trying to come back on the track.
He said fighting on two fronts was not in favour of Pakistan as “we were already fighting terrorism in the country. Now the world salutes our army and people and admits the sacrifices of Pakistan in war on terror.” The world was saying that Pakistan’s nuclear assets were in danger but now the US President Obama has expressed confidence about Pakistan’s nuclear system.
Talking about the water issue, the Foreign Minister said, “We will have to examine the bilateral Indus Water Treaty to help resolve all water-related issues.” He said when India started work on Wuller Barrage, Pakistan took it up and made it part of composite dialogue and four meetings had already been held to discuss the very issue under composite dialogue, forcing India to suspend work.
He said the a neutral expert was engaged on Baglihar Dam issue who recommended Indian government to reduce dams height by 1.5 meter and poundage by five million acre feet, adding that he retained the number of gates for spillways, contrary to Pakistan’s wishes. “I will raise water issue whenever I meet Indian Foreign Minister, but within the parameters of the law and Indus Water Treaty. We will make no compromise over it,” the Foreign Minister stated.
Qureshi said Pakistan was also pursuing the same stance about Kishan Ganga project and the Foreign Ministry had already moved a summary to the Prime Minister, stressing Indian government to stop all construction activity until the issue was resolved.
Earlier MNA Surriya Asghar moved the motion that this House may discuss the Kashmir policy of the Government.
Meanwhile, MQM after a calling attention notice regarding increase in the prices of petroleum products staged a walkout from the National Assembly against the recent hike. However the Advisor to Prime Minister Ghazanfar Gull while responding said that the prices were fixed according to international market.
Later the House also discussed the alarming increase in the child labour in the country. Responding to the legislators, Minister for Labour and Manpower Khursheed Shah told that 3.3 million child labour was working in the country. He stressed for the need of joint efforts from the Government, Opposition and general public to work against the child labour. The Minister added that the legislation was also under process to declare it illegal.
“I have proposed to allocate Rs 10 million from the budget of the Ministry to educate and facilitate such children with health facilities. A summery in this regard is being sent to the Prime Minister today (Tuesday),” Khursheed Shah said.
He said that the root cause of the child labour in the country was poverty for which the Government initiated BISP which allocated Rs 1,000 to reduce this root cause, however, the amount was not enough to meet the necessaries of the poor. “We will have to improve our tax collection,” the Minister said.
On the Private Member Day, Justice (Retd) Fakhar-UN-Nisa Khokhar introduced a bill to further amend the Muslim Family Law Ordinance, 1961 (The Muslim Family Laws (Amendment) Bill, 2010).