India, China should organise high-level summit on climate change: Expert

Nov 13: Leading environmental expert Professor C S Kiang has called for a high-level summit on climate change between China and India in order to provide developing countries a platform to set up their own powerful block to negotiate with developed countries on the issue of global warming.

Professor Kiang, the founding dean of the College of Environmental Science at the University of Beijing, proposed this idea while pointing out that in the G8 plus Five, the developing countries were only observers and there is a need for a more equitable formula.

Faze Three Buys 76% Stake In German Company

Mumba: Faze Three Ltd (FTL) has bought 76 percent stake in German company, Pana Textil GmbH for around Rs 33.33 crore.

After getting hold of major stake in Pana Textil GmbH, FTL would have access to the constructing facilities of Pana situated in Germany and Hungary.

Faze Three said, “This acquisition will bring the company closer to its customers and also enable it to increase its footprint in the European market.”

The company also said that it would add up more printed bathmats and nano technology to its subsisting product range that are the requirements of major European, UK and American retailers.

Pana Textil GmbH is more than 50 years old company and one of the leading makers of bathmarts in the European market.

Sanwer under curfew for second day over communal clash

Sanwer (Madhya Pradesh), Nov 13: Curfew continued for the second day in the town of Sanwer near Indore following clashes between two communities in which at least three people were killed and another two were injured.

Reportedly, a few cyclists from two communities entered into a tussle on Indore Road on Monday morning, which later snowballed into clashes.

Violence also broke out at a tea stall over some trivial matter.

The police caned and also fired tear gas shells on different occasions to disperse the mob that indulged in stone pelting. At least 16 people have been detained.

BJP Lok Sabha MP passes away

Nagpur, Nov 13: Vijay Kumar Khandelwal, a sitting Bhartiya Janta Party (BJP) Lok Sabha MP from Betul constituency, died here early this morning. He was 71.

Khandelwal was admitted at a care hospital in Nagpur on October 31 and was undergoing treatment for various ailments.

His mortal remains are being brought to Betul for cremation.

Khandelwal, four-term MP, was also treasurer of the BJP's Madhya Pradesh unit. (ANI)

US Future Exchange To Register Sensex Futures On Feb 22

Bombay Stock Exchange LogoMumbai: The Bombay Stock Exchange (BSE), on Monday, has signed up a contract with Chicago-based US Futures Exchange (USFE) that will permit BSE Sensex futures to be dealt on the USFE.

The deal was signed to ease participation of US capitalists in trading of Sensex futures. The dollar denominated futures trading in the BSE-benchmark index Sensex will start from February 22 next year.

Currently, US capitalists can purchase only a few Indian stocks listed on the New York and Nasdaq exchanges via an American Depository Receipt (ADR) authorisation.

Indo-Russian nuke pact fails to materialise at Manmohan-Putin talks

Moscow, Nov 12 : Visiting Indian Prime Minister Dr. Manmohan Singh and Russian President Vladimir Putin today did not come up with the much-awaited comprehensive bilateral civil nuclear cooperation pact during their nearly two-hour-long Summit-level discussions in the Kremlin.

Addressing a joint press conference a few hours before concluding his day-and-a-half visit to the Russian capital, Dr. Singh in a matter of fact manner said: "India and Russia enjoy extensive cooperation in the peaceful uses of atomic energy, and have done so for many years."

Manmohan Singh lays wreath at the Tomb of the Unknown Soldier in Moscow

Prime Minister Manmohan SinghMoscow, Nov 12 : Prime Minister Manmohan Singh on Monday laid a wreath against the Kremlin Wall at the Tomb of the Unknown Soldier in downtown Moscow.

In an essentially one-day visit, the Prime Minister had just two engagements besides his talks with Russian President Vladimir Putin.

Despite the strong chill wind factor and snowing that has been on all day, Singh stood for a few minutes before the flame and then took the salute of the guard of honour.

Clad in a grey overcoat and a black suit, Singh was watched by tourists who had no idea from which country the head of the Government was.

Snow in Moscow, but thaw in Indo-Russian ties

Moscow, Nov 12 : It snowed in Moscow today, and what better climate for bilateral ties between India and Russia to thaw after a short period of doubt and uncertainty.

The two sides inked four agreements aimed at boosting their relationship further in different spheres.

The first agreement was signed between the Indian Space Research Organisation (ISRO) and the Russian Federal Space Agency in the field of joint moon exploration.

This was signed within the framework of the agreement between the two countries on cooperation in the field of exploration and use of outer space for peaceful purposes.

Sans nuke pact, Manmohan Singh thanks Vladimir Putin for supporting India's nuclear programme

Moscow, Nov 12 : The much-awaited comprehensive pact with Russia for a civil nuclear cooperation did not materialise during the summit-level talks between visiting Indian Prime Minister Manmohan Singh and Russian President Vladimir Putin, but it did not stop the former from thanking Moscow for its 'steadfast support' in supplementing New Delhi's nuclear energy programme.

"We continued our dialogue on energy," Singh said in his opening remarks at a joint press interaction with Putin, and added, "I thanked the President for Russia's steadfast support in supplementing our nuclear energy programme, and its assistance in lifting international restrictions on nuclear cooperation with India that are still in place."

OneWorld Health launches phase-4 of treatment for Kala-azar in India

San Francisco/ Patna, Nov 12: The Institute for OneWorld Health (iOWH), the US-based non-profit pharmaceutical company that develops drugs for people with infectious diseases in the developing world, announced the initiation of a major Phase 4 pharmacovigilance and access program of Paromomycin IM Injection for the treatment of visceral leishmaniasis (VL or Kala-azar) in India.

"Now that Paromomycin IM Injection has been confirmed as a safe, affordable, and effective treatment for VL, a major public health problem in India, we are excited to bring this additional data and access model to fruition, " said Dr. Ahvie Herskowitz, OneWorld Health's co-founder and Chief Medical Officer.

Global warming to hit India hard; may even reverse human development

London, Nov. 12: India and China will be hit especially hard by climate change, and there is a possibility of a reversal of decades of human development across the Asia, a powerful coalition of aid and green groups has warned.

With more than 60 per cent of the world's population, Asia is where the human drama of global warming will be played out, The Independent quotes the report of the alliance of 23 of Britain's leading poverty and environmental campaigning groups, from Oxfam to Friends of the Earth, as saying.

Toys recalled from US, Australia contained toxic substance, says Chinese quality check body

New Delhi, Nov. 12: Bead toys recalled from the United States and Australia did contain a toxic substance, China’s top quality control body has said after initial investigations.

A statement from the General Administration of Quality Supervision, Inspection, and Quarantine (AQSIQ) issued late on Saturday said the toy maker had used the toxic chemical 1,4-Butylene glycol as a softener in the production process and that the end products contained 14.5 percent of the toxic substance.

The chemical can simulate the drug gamma hydroxyl butyrate, also known as GHB, if swallowed, which can lead to breathing problems, loss of consciousness, seizures, drowsiness, coma or death, the AQSIQ said.

Devotees in Gujarat allow cows and bulls to run over them in 'Gai Ghori' ritual (Re-issue)

Dahod (Gujarat), Nov 12: In a bizarre ritual, tribals in Gujarat allowed cows and bulls to run over them on Sunday.

Cows are considered sacred and worshipped across the country, but this annual ritual in Dahod village, locally called 'Gai Ghori', is one of its own kind.

The ritual is celebrated two-days after Diwali, the festival of lights, which also marks the beginning of the Hindu New Year.

A day after Diwali, the village head presides over a prayer ritual. After offering prayers to the deity, the animals are coloured and decorated with peacock feathers.

Cows and bulls are then driven over the devotees who lay face down on the ground.

First batch of Indian Haj pilgrims leaves for Saudi Arabia (Re-issue)

Lucknow, Nov 12: The first batch of Haj pilgrims left by special flights for Jeddah in Saudi Arabia here on Sunday.

Chairman of Uttar Pradesh Haj Committee, Naseemuddin Siddiqui and several other ministers reached Amausi airport in Lucknow to see-off the pilgrims this morning, officials said.

All the pilgrims, who had arrived at the Haj house here on Saturday, boarded the special Air India flight, officials added.

Special arrangements have been made for the stay of pilgrims, including a control room has been set up for information about flights, at the Haj House.

Simultaneously, pilgrims from Srinagar and Patna also left for the Muslim's holy place.

Indian manufacturing industry registers low growth rates: CII ASCON SURVEY

Confederation of Indian IndustryNew Delhi, Nov. 12: Confederation of Indian Industry (CII) industry survey for April 2007- September 2007 over April 2006 – September 2006, which tracks the performance of the various sectors of the industry was released here.

The sectors showing excellent or high growth has reduced compared to last quarter. More sectors have recorded a low growth below 10 percent.

Yeddiyurappa to be sworn in as Karnataka CM

BJP leader B. S. YediyurappaBangalore, Nov 12: Bharatiya Janata Party (BJP) leader B. S. Yeddiyurappa will today be sworn in by Governor Rameshwar Thakur as the 19th Chief Minister of Karnataka.

The swearing ceremony will be held at 12 noon.

Leader of the Opposition in Lok Sabha L K Advani, BJP President Rajnath Singh, and other leaders M Venkaiah Naidu, Sushma Swaraj and Arun Jaitley will attend the ceremony.

None from the Janta Dal-Secular (JD-S) will take oath along with Yeddiyurappa.

Renewable Energy and Distributed Generation Task Force meeting today

Bangalore, Nov 12: The Fourth Renewable Energy and Distributed Generation Task Force (REDGTF) meeting of Asia Pacific Partnership on Clean Development on Climate (APPCDC) will begin here today.

The meeting is being hosted by the Ministry of New and Renewable Energy.

During the five-day meeting, field visits to the premises of Indian Institute of Science and TATA BP Solar will also be organised.

India’s hosting of this event reflects its keen interest to foster active cooperation with the other member countries in new and renewable energy technologies.

Chidambaram to inaugurate Economic Editors' conference

New Delhi, Nov 12: Union Finance Minister P ChidambaramUnion Finance Minister P Chidambaram will inaugurate the Annual Economic Editors' Conference here today.

The conference will enable economic editors and journalists from across the country to interact with various ministers and senior officials of key economic and infrastructure ministries, and get a detailed background of the government's policies and programmes.

The mediapersons will get a comprehensive view of the overall economic scenario in the country and the latest initiatives and thrust areas of the government.

72-hour Sapore gun battle ends as security forces kill 2 militants

Srinagar, Nov 11 : The encounter between security forces and militants at a hotel in Sopore town of Baramulla District ended this morning with the killing of two rebels and a security personnel.

The three-day long gun battle came to an end when the security personnel gunned down two Pakistani militants holed up in the hotel 'New Light'.

Besides the two suicide bombers of Lashkar-e-Toiba (LeT), a CRPF soldier was killed and five other security men-- three CRPF and two local police personnel-- injured in the encounter, which started on Thursday, said a police spokesman.

Security forces foiled an attempt made by the ultras to storm their camp in the town, 55 kms from here, he added.

RIL Pockets Two Kurdish Oil Blocks

Reliance Industries Ltd (RIL) has pocketed two oil blocks in Iraq’s Kurdish region.
RIL has signed up a deal for the blocks ‘Rovi’ and ‘Sarta’ in northern Iraq with the autonomous Kurdish Regional Government (KRG).
The blocks measuring 450-500 sq km have an oil-bearing structure of around 80%, and Reliance is confident of making a discovery soon. RIL paid a signing amount of $15.5-17.5 million for the two blocks.
According to the deal, the RIL’s wholly owned arm Reliance Exploration and Production DMCC would be served as an operator.

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