India

India, Russia discuss conduct of atomic trade

Mohit Joshi 20 October 2008

India, RussiaNew Delhi, Oct 20 : External Affairs Minister Pranab Mukherjee and his Russian counterpart Sergei Lavrov today discussed the conduct of atomic trade and prospect of advancing bilateral cooperation in the field ahead of the maiden visit of President Dmitry Medvedev in December.

They also dicussed construction of reactors by Russia in India.

“We discussed prospects for future bilateral cooperation in the field,” Mukherjee told reporters here after 90 minutes talks with Lavrov.

‘No resentment among armed forces over Sixth Pay Commission report’

Sahil Nagpal 20 October 2008

Antony favours armed forces, wants anomalies in Sixth CPC sorted outNew Delhi, Oct 20 : Defence Minister A K Antony today informed Lok Sabha that no armed forces officer sought pre mature retirement due to resentment against Sixth Pay Commission Report.

“No officer of the Navy, the Air Force has sought pre-mature retirement (PMR) on the ground of dissatisfaction with the Sixth Central Pay Commission Report,” Antony said.

Armed Forces facing shortage of 13,830 officers

Sahil Nagpal 20 October 2008

New Delhi, Oct 20 : Defence Minister A K Antony today said in the Lok Sabha that the Armed Forces are facing a shortage of 13,830 officers.

“There is a shortage of 11,119 officers in Army, 1,359 officers in Navy and 1,352 officers in Air Force. Armed Forces have 53,849 officers against a sanctioned strength of 67, 679,” Antony said.

The Defence Minister listed the various steps taken up to tackle the shortfall of officers by the government.

These steps include extension of Short Service Commission (SSC) officers, implementation of both phases of A V Singh Committee report and implementation of the Sixth Central Pay Commission (CPC) report, he added.

DRDO facing exodus of scientists’: Antony

Mohit Joshi 20 October 2008

DRDO facing exodus of scientists’: AntonyNew Delhi, Oct 20 (ANI): The Defence Research and Development Organisation (DRDO), India’s premier defence research organization, is facing attrition problems, as 785 defence scientists have resigned in the last three years.

The Lok Sabha was informed today that the government has offered various incentives to scientists in the Sixth Central Pay Commission (CPC) report.

Nominations for Chattisgarh assembly polls begins today

Sahil Nagpal 20 October 2008

Raigarh, Oct 20 : The filing of nominations for the first phase of Chattisgarh assembly polls on November 14 began today in the state, for elections to 39 seats out of a total of 90.

CII welcomes RBI Repo Rate Cut

Mohit Joshi 20 October 2008

Reserve Bank of IndiaNew Delhi, Oct. 20 : The Confederation of Indian Industry (CII) has welcomed the Reserve Bank of India’s decision to cut the repo rate by 100 base points to bring it down to eight percent.

Director General of CII Chandrajit Banerjee described the announcement as a step in the right direction.

"We are thankful to the RBI Governor for agreeing to this suggestion made by CII in view of the credit crisis that was starting to manifest in the Indian system, following the global liquidity crunch," he said.

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