Author Archives: Moneycontrol.com editor@moneycontrol.com

Japan quake unlikely to shock economy

The earthquake that devastated northeast Japan displaced the country’s main island by 2.4 metres and even tilted the axis of the Earth by nearly 10 centimetres. The shock sounds awesome but it was imperceptible. History suggests the same will be true o… Continue reading

Posted in Global India, Market News, News |

Skipper Dhoni slams batsmen for playing to gallery

An infuriated Indian captain Mahendra Singh Dhoni has blasted his batsmen for “playing to the gallery rather than for the country” after the home team slumped to a threewicket defeat at the hands of South Africa in a thrilling World Cup Group B encount… Continue reading

Posted in Global India, Market News, News |

CAG seeks info on spectrum availability and users

The government auditor has sought details from the Telecom Ministry about availability of spectrum and its allocation to different agencies including defence and private users like mobile operators to ensure that the scarce resource was being utilised … Continue reading

Posted in Global India, Market News, News |

India sending 1st relief plane with blankets to Japan

Ready to extend all possible help immediately to Japan, reeling under the devastation caused by the massive earthquake and Tsunami, India is sending first planeload of blankets today. Continue reading

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Japan scrambles to avert nuclear meltdown

Japan fought on Sunday to avert a disastrous meltdown at two earthquakecrippled nuclear reactors as estimates of the death toll from the tsunami that charged across its northeast rose to more than 10,000. Continue reading

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Japan to scramble for LNG, fuel oil to fill nuclear gap

Japan will move quickly to import more liquefied natural gas (LNG) and lowsulphur fuels to generate power at thermal plants and replace nuclear electricity supplies put out of action following the nation’s worst earthquake in recorded history. Continue reading

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Japan weighs fiscal, monetary moves to ease quake pain

Japan will hope that modest fiscal spending and ultraloose monetary policy can minimize the damage from Friday’s devastating earthquake and tsunami on an economy just emerging from a lull. Continue reading

Posted in Global India, Market News, News |

Japan fights nuclear disaster; quake may have killed 10,000

Japan was fighting to contain what could be the world’s worst nuclear disaster in 25 years after the cooling failed at a second reactor crippled by a quake which may have killed over 10,000. Continue reading

Posted in Global India, Market News, News |

Kaushik Basu sees inflation falling to below 5% next fiscal

Chief Economic Adviser Kaushik Basu expects inflation to decline in the coming months and reach a “comfortable level” of below 5 per cent next fiscal. Continue reading

Posted in Global India, Market News, News |

Pak declines Indian request on 26/11 inquiry commission

Pakistani authorities have declined an Indian request to send an inquiry commission to interrogate LeT commander Zakiur Rehman Lakhvi and six other suspects charged with involvement in the Mumbai attacks, a media report said today. Continue reading

Posted in Global India, Market News, News |