In the news
Padma Bhushan A M Naik, L&T chief, is new IIM-A chairman
29 Feb 2012
Naik, who has previously served on the board of IIM for seven years, will take over from Raymond’s chairman emeritus Vijaypat Singhania, whose five-year term ends on 28 March
Banned ISRO ex-chief Nair again seeks ‘justice’ from PM
27 Feb 2012
Madhavan Nair, the architect of India’s successful Chandrayan-II moon mission, has been claiming from the start that he and his colleagues were blacklisted without proper explanation by the department of space in order to cover its own mistakes
Gillard defeats Rudd in Labor party leadership battle
27 Feb 2012
Australian prime minister Julia Gillard defeated predecessor Kevin Rudd in a leadership ballot, giving her an opportunity to unite the ruling Labor party and brighten its poll prospects ahead of the 2013 elections
The Bernanke Redemption
25 Feb 2012
The strident criticism of Bernanke is now gradually giving way to a grudging acknowledgment of the Fed’s achievements under him. History will likely judge that while Bernanke failed to anticipate and prevent the 2008 global financial crisis, the Fed under his leadership did help save the world from another depression. By Shivshanker Verma
Distinguished Space Commission member Prof R Narasimha resigns
25 Feb 2012
Prof Roddam Narasimha, the first and the longest-serving member of the Space Commission, has quit in protest against the treatment meted out to top ISRO scientists
Olympus India MD found dead in Delhi
21 Feb 2012
The managing director of Japan’s scam-hit camera major Olympus has been found dead outside his luxury home in Gurgaon near New Delhi this morning
German president Christian Wulff resigns over corruption scandal
17 Feb 2012
Amidst growing scrutiny of his financial affairs, including vacations at the homes of business people, prosecutors in Lower Saxony have now sought parliament’s nod to prosecute German President Christian Wulff
Pak SC indicts Gilani; may face jail term
13 Feb 2012
If convicted, Pakistan’s longest-serving prime minister after four years in power, Yousuf Raza Gilani, could be stripped of his office and jailed, triggering renewed political turmoil
Gen Singh withdraws age plea after adverse SC ruling
10 Feb 2012
The Army chief will not appeal the apex court order that he should abide by the records of his birth date provided when he joined the armed forces
Government rescinds order on Gen Singh’s age ahead of SC hearing
10 Feb 2012
As the Supreme Court prepares to resume hearing Army chief Gen Vijay Kumar Singh’s petition over the issue of his age, the government today withdrew its order issued on 30 December 2011 rejecting Gen Singh's statutory complaint on the issue