A team of Reserve Bank of India (RBI) officials interacted with diamond merchants here on Tuesday to assess their trade potential and provide them a solution to overcome their present plight of reeling under global recession. Thousands of small diamond cutting and polishing units are located in and around Surat. Reportedly, over a hundred thousands […]
Endless Abductions
On 9th of January 2009 Awami National Party Finance secretary and owner of daily Taseer Mr. Salamat Khan Orakzai was kidnapped near Nakbund village located on Kohat Pindi road, according to his newspaper reporters Mr. Sahibzada Afridi and Mr. Munawar Orakzai he was coming from Pindi towards Kohat when abductors abducted him near Nakbund village of […]
Satyam New Board Speaks to Media Video
Satyam Board Speaks to Media Satyam CFO Srinivas Vadlamani confesses Satyam Computer Services CFO Srinivas Vadlamani on Monday blamed the firm’s statutory auditors Pricewaterhouse Coopers and the disgraced founder of Satyam B Ramalinga Raju for perpetrating the Rs 7,000 crore financial fraud. In his confessional statement to the police, Srinivas said the auditors never […]
Georgia: Economic Slump Hurting
Once buoyant economy is hit by downturn and war over South Ossetia. By Tamar Khorbaladze in Tbilisi Having enjoyed double-digit economic growth for several years, Georgia is now bracing itself for hard times as it comes to terms with the double blow of the August war and the world financial crisis. Since October, increasing numbers […]
The Republicans’ Closing Argument?
I wear my partisanship on my sleeve. And my head and my lapel and my purse. And my dog. But I really don’t mind if you vote for the other guy. But I do want to know WHY. Really. I can go on and on (and my friends will attest that I do) on why […]
Charitable Gifts Increase Despite Credit Crisis
Schwab Charitable, one of the country’s largest and fastest growing national donor-advised funds with 12,000 donors and nearly $2 billion in assets, announced today that grants to charities during the third quarter of 2008 were up 12 percent from 2007 levels. The increased giving, which comes as turmoil on Wall Street has cut contributions […]