System is handling rape cases badly: actor Irrfan

irfaan-khanMumbai, Aug 24 : Actor Irrfan is unhappy with the reaction of the country's system to the escalating rape incidents. He feels this apathy will only lead to an increase in number of such cases.

Reacting to the rape of a photojournalist in Mumbai Thursday evening, Irrfan said, "I feel it (rape cases) will grow more and more. I was asked to react on the Nirbhaya incident also, and the way the system is reacting to such incidents, I feel it will only grow."

'Kick Ass 2' - a watchable fare

'Kick Ass 2' - a watchable fareFilm: "Kick Ass 2"; Cast: Aaron Taylor-Johnson, Christopher Mintz-Plasse, Chloe Grace Moretz, Clark Duke, Morris Chestnut, Donald Faison, John Leguizamo and Jim Carrey; Director: Jeff Wadlow; Rating: **1/2

The concept of the comic book-inspired "Kick Ass" germinated from the idea of average Americans without any special powers dressed up as superheroes to fight street crime. A fantasy which most US teenagers share.

And "Kick Ass 2" delivers. This hyper-violent teen superhero flick, co-produced by Brad Pitt takes off from where the previous "Kick Ass" left in 2010.

Insurance regulator soft on errant firms: Activists

Bajaj-AllianzChennai, Aug 24 : India's insurance regulator, with a mandate to protect policyholders' interests, seems to be soft on errant life insurers, say consumer activists, citing the recent penalty on Bajaj Allianz Life Insurance Company Ltd.

The Insurance Regulatory and Development Authority (IRDA) had, Aug 21, levied a penalty of Rs. 7,800,000 on the Pune-based Bajaj Allianz Life Insurance Company Ltd for rejecting 78 death claims without any valid reason.

Economists predict improvement in CAD situation in FY2013-14

Economists predict improvement in CAD situation in FY2013-14Barclays economists have predicted that India's current account deficit (CAD) situation would improve in the current financial year, a projection that is expected bring cheer to the struggling government's face.

The Congress-led UPA government has along been struggling to deal with the problem of huge CAD, which swelled to 4.8 per cent of the country's gross domestic product (GDP) in the last financial year.

RIL, BP make 2nd gas discovery in Cauvery block

RIL, BP make 2nd gas discovery in Cauvery blockBillionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) and its global energy partner BP Plc on Friday announced their second major deep-water gas discovery in the Cauvery Basin off the east coast of India.

The discovery, which has been named Dhirubhai-56 (D-56), was made on August 17 in the Cauvery basin's CY-DWN-201/2 block. Since the day of the discovery, the exploration well has been flowing nearly 1 million standard cu. m. of gas with condensate (oil) per day, which indicates that it is a major discovery.

Dutch government planning to sell shares in ABN AMRO

Dutch government planning to sell shares in ABN AMROThe Dutch government has indicated that it is planning to sell shares in leading bank, ABN AMRO through an initial public offering (IPO) during the next year.

Experts have said that the government is not likely to recover its costs through the sale of shares. The government has estimated that the bank has market value of about _15 billion, which is higher than estimated by some financial analysts but much lower than what the Dutch taxpayers had invested in the bank to rescue it during the financial crisis in 2008.

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