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Monday, February 27, 2012

India's corrupt leaders will be ousted like Gaddafi, envisions Ramdev

"Those base bodies who are in power, will be wiped off like Gaddafi. Alone there, bodies acclimated violence, while I am advocating autonomous means," Ramdev said.

In a buried advertence to the Gandhi ancestors and the Congress, Ramdev said that "one ancestors and one party" had been amenable for annexation India and authoritative it broke anytime back independence.

"I debris to name them because our elders accept accomplished me not to absolute names of bad people," Ramdev said.

Calling the accumulation acclamation in the bristles states of Uttar Pradesh, Uttarakhand, Manipur, Punjab and Goa as the "semi final afore the Lok Sabha elections", Ramdev said that the Congress would be 100 per cent baffled out of Uttarakhand and Goa.

"In UP they (Congress) will not acceleration aloft fifty (seats) at any cost. We alone achievement they can at atomic fulfil their role as an action affair in bluntness and sincerely," Ramdev said.

Ramdev additionally backed Team Anna activist Arvind Kejriwal's comments on parliament, which both the Congress and the BJP accept accursed as aweless to the country's acme aldermanic body.

"He said that there are murders, rapists and looters sitting in parliament. They alleged it aweless of parliament. But back you accept looters sitting in parliament, is that not an insult to the parliament?" Ramdev said.

"There can be argument on the accent or words acclimated by Kejriwal but his altercation is actually right," he added.

Addressing a accessible assemblage in Greater Noida Sunday, Kejriwal said: "There are criminals, rapists and murderers active our Parliament. I anticipate our Assembly has become a botheration for us."

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India's Global Image: Overseas investors tired of the unbridled corruption

These days, one of the alternating capacity I accumulate accepting is about the bent India story. Talk to anyone in India, and they're all accusatory about the accompaniment of the nation.

The government needs to do article to acceleration up the economy. Political leaders are the pits. To apprehend the business annotation advancing out of India, you'd anticipate that all businesses - including that ambiguous adopted broker - are abandoning the economy.

You apperceive what? You're not alone. Political leaders in Europe, UK, US, the Middle East appealing abundant everywhere, except maybe in China, don't accept the foggiest angle what they are doing, they're artifice into summitry, and anybody is accusatory about absolutely the aforementioned things. We charge structural reforms, we charge to cut budgetary deficit, we charge to pump up growth. It's the aforementioned mantra everywhere in the world.

And that brings me to Indian businesses. There's been a amount of account over the accomplished few months, with politicians accusing businesses of 'talking down' India and black confidence, and businessmen accusing politicians of action paralysis.

The capital affair consistently is what all this huffing and puffing is activity to do to that ambiguous angelic grail, adopted broker sentiment, and India's all-around 'image'.

So I asked. The affectionate of bodies who accomplish multi-billion-dollar advance decisions. The affectionate of bodies who run sprawling all-around empires. The affectionate of bodies who are top dog in India, and run some of its better companies.

The affectionate of bodies who accomplish action in India, and alike the affectionate of bodies who reflect the aftermost bazaar analyst report. In the accomplished month, I've spent time antic about the top of the pyramid. Besides, I alive and assignment on that border, amid India and the blow of the world.

Dear people, there is annihilation - intrinsically - amiss with the India story, economically. There's annihilation awfully amiss with it politically either, not at the policymaking level. Socially, now that's addition amount altogether.

If you're the affectionate who swears by the Sensex, again you should apperceive by now that annihilation any government anywhere in the apple does has added than a half-day appulse on how all-around traders and markets behave.

So, if we leave the adopted advance in markets out of the big account for now, again the acknowledgment is no, no adopted broker of the austere affectionate is actual anxious about India's macroeconomics at the moment. Cutting deficits and acclimation budgets et al may be analytical for Greece, but that's not area the India adventure trips.

Politically, compared to what's activity on everywhere abroad in the world, from Syria to Hungary to US, the Indian government's behavior and backroom aren't spooking anyone much. It's the Indian Parliament that is in a chic afar back it comes to declining to perform.


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(Reuters) - Finmeccanica denied any wrongdoing over a 560 million euros helicopter deal after Indian authorities launched a corruption probe into the contract which sent shares in the Italian defence and aerospace group reeling.

Shares in Finmeccanica angled as abundant as 8.5 percent to a six-day low. By 1327 GMT, the banal was bottomward 5.6 percent at 3.92 euros, featuring amid the top losers.

Defence Minister A. K. Antony has ordered a delving into the acquirement of 12 helicopters from Finmeccanica assemblage AgustaWestland because of declared irregularities, two defence admiral sources said, crumbling to be identified.

The sources said government admiral could be complex in demography kickbacks for alteration the agreement and altitude of the accord in favour of the company.

"AgustaWestland is not complex in any abnormality apropos the accumulation of helicopters in India. No apprehension accompanying to the investigations has been served," Finmeccanica said.

The delving is a beginning claiming for administrator and arch controlling Giuseppe Orsi who has been tasked with rebuilding the group's acceptability afterwards a bribery delving affected out above bang-up Pier Francesco Guarguaglini.

The state-controlled accumulation is complex in a long-running delving absorption on accusations of apocryphal invoices and bribery funds to pay bribes.

Guarguaglini and his wife Marina Grossi, who was arch controlling of Finmeccanica accessory Selex Sistemi Integrati, are both beneath analysis as allotment of the probe. Both abjure wrongdoing.

Orsi was at the captain of AgustaWestland back the Indian helicopters arrangement was active two years ago.

Italian circadian Il Messaggero said Italian magistrates investigating Finmeccanica's all-embracing operations adduce that amount increases in affairs may accept accustomed the accumulation to set abreast funds acclimated to pay bribes.

Separately, AgustaWestland said the helicopter arrangement had undergone no amount increases and instead it was awarded afterwards the aggregation bargain the amount of its antecedent bid.

The arrangement refers to 12 AW101 helicopters and was awarded to AgustaWestland afterwards a absolute evaluation, it said. Negotiations lasted 17 months to February 2010.

(Reporting By Danilo Masoni; Additional advertisement by Nigam Prusty and Manoj Kumar in New Delhi; Editing by Will Waterman and David Cowell)


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Tuesday, February 7, 2012

Karnataka porn scandal: Three ministers resign; may be asked to quit as MLAs

Bangalore:  Three Karnataka ministers who were allegedly caught on camera watching porn on a cellphone in the state Assembly have resigned. Floor leaders of the Karnataka Assembly are meeting currently to decide the future course of action. The ministers - Lakshman Savadi, CC Patil and Krishna Palemar - may be asked to resign as MLAs too.

The BJP says the ministers resigned voluntarily. The trio reportedly said they were keen "to save the party's image."  Chief Minister Sadananda Gowda of the BJP forwarded their resignations to the Governor. The resignations have been accepted.

The ministers were filmed by a local channel that was broadcasting proceedings in the Assembly. Sources say the ministers allegedly viewed two clips on a phone - one was pornographic, the other was a news story on a rape. According to sources, the person holding the mobile phone in the video clip shown by the channel is Mr Savadi.  Mr Patil is seen sitting next to him. The mobile reportedly belonged to Mr Palemar, who gave it to Mr Savada.

The BJP is red-faced and in a huddle at the highest level. It points out that the ministers have resigned and says an inquiry will be held into the matter. BJP spokesperson Nirmala Sitharaman also said that appropriate action would be taken against the BJP men if they were found guilty. "If it has happened, it is very worrying," she said. "It is a very unfortunate incident," added the party's Arun Jaitley.

The Opposition is in no mood to back down, and has even demanded the Chief Minister's resignation over the matter.

The Congress' Veerappa Moily says the ministers' resignation is not enough for the "shameless act"; the ministers, he says, should be suspended by the Assembly Speaker and should be arrested for "violating the law and the sanctity of the Assembly."  Cellphones are not allowed inside Assembly and watching porn is illegal, apart from the charges of "morality and perversity" that the Congress has levelled. 

One of the ministers, Lakshman Savadi held a press conference yesterday to deny the accusations. Mr Savadi said the cellphone he used to view the content was not his. He also said the clip he watched "was of four people molesting a foreigner." He added, "I am not a criminal."

Discussions between BJP top leadership and state party leaders are currently underway. There were reports that BJP president Nitin Gadkari, currently in Uttar Pradesh, phoned Karnataka Chief Minister Sadananda Gowda and the party's state unit chief K S Eshwarappa last night and discussed the incident.

Mr Savadi's house was stoned last evening by protesters who were then taken away by the police.

Trinamool MP Derek O'Brien tweeted, "If an MP (or) MLA watches porn in his bedroom, it's his problem. If he watches it in (the) Parliament (or) Assembly it's a big problem."


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