First budget test of Modi’s reform mettle

July 9, 2014 0
Indian PM Modi walks in front of a picture of former Indian PM Vajpayee after a news conference in New Delhi

By Frank Jack Daniel NEW DELHI (Reuters) – Prime Minister Narendra Modi faces the first major test of his reform credentials on Thursday, when his fresh-faced government presents its maiden budget amid early doubts about his willingness to make unpopular decisions. Modi, 63, won a landslide general election victory in May with a pledge to boost growth and create jobs for the 1 million people who enter India’s workforce every month. Finance Minister Arun Jaitley’s promises of bold budget decisions and broadsides against the “mindless populism” of his left-of-centre predecessors have proved a hit with investors, helping the benchmark BSE stock index to a record high last week. The government has tried to keep rural voters sweet by extending a temporary subsidy for sugar mills, benefiting farmers in Maharashtra, where Modi’s BJP hopes to consolidate its strength in elections later this year.

Sonia Gandhi says Modi’s government in ‘witch hunt’ as Congress probed on taxes

July 9, 2014 0
India's Congress party chief Sonia Gandhi and her son and lawmaker Rahul Gandhi arrive to attend Prime Minister Modi's oath-taking ceremony at the presidential palace in New Delhi

By Aditya Kalra NEW DELHI (Reuters) – Sonia Gandhi, president of ousted Congress party, on Wednesday accused the new Narendra Modi-led government of a “political witch hunt” after tax authorities began probing her party as she and her son face allegations over misusing funds. The Gandhis are the torchbearers of a dynasty that has led India for most of its post-independence era since 1947 but that was dealt its worst ever election defeat by Modi in the general election that ended in May. Last month a court summoned Sonia and her son Rahul to answer allegations that they used $15 million of party funds to pay off debts accrued by a now defunct newspaper publishing business several years ago. A Congress official said the party had received “notices” from the tax authority, a communication in which the recipient is asked to explain apparent irregularities in his tax declarations. The official said the notices pertained to income tax and were related to the court case involving Gandhi and her son, although he did not give further details.

Obama urgently asks $3.7 billion for border crisis

July 8, 2014 0
FILE - In this June 20, 2014 file photo, immigrants who entered the U.S. illegally stand in line for tickets at the bus station after they were released from a U.S. Customs and Border Protection processing facility in McAllen, Texas. Tackling what he has called a humanitarian crisis, President Barack Obama on Tuesday, July 8, 2014 asked Congress for $3.7 billion to cope with a tide of minors from Central America who are illegally crossing the U.S. border, straining immigration resources and causing a political firestorm in Washington. (AP Photo/Eric Gay, File)

WASHINGTON (AP) — President Barack Obama appealed to Congress on Tuesday for $3.7 billion in emergency spending to deal with the immigration crisis on the nation’s southern border, where unaccompanied children have been showing up by the thousands in a human drama that’s causing a political storm in Washington and beyond.

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Interior secretary pledges $43M for conservation

July 8, 2014 0

FORT WORTH, Texas (AP) — U.S. Interior Secretary Sally Jewell announced Tuesday that more than $43 million will be distributed from a federal fund for recreation and conservation projects nationwide, kicking off a weeklong campaign around the nation to support the fund’s permanent renewal as Congress resumes.

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U.S. Senate Intelligence Committee approves cybersecurity bill

July 8, 2014 0

(Reuters) – The U.S. Senate Intelligence Committee approved a bill on Tuesday to encourage companies to exchange information with the government on hacking attempts and cybersecurity threats, officials said. Despite concerns by some that the measure does not do enough to protect privacy, the committee voted 12-3 to advance the measure authored by its chairwoman, Dianne Feinstein, a California Democrat, and Vice Chairman Saxby Chambliss, a Georgia Republican, their offices said. Experts see the bill as the best chance for the current congress to pass some type of legislation to encourage better cooperation between the government and private companies to boost the cyber defences of critical industries. “This bill is an important step toward curbing these dangerous cyber attacks.” U.S. lawmakers have been considering for months legislation to help private companies better communicate about security breaches and cyber threats.

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Details of Obama’s border funding request

July 8, 2014 0

President Barack Obama’s request to Congress for $3.7 billion to respond to the rise in border crossings by Central American children includes money to boost enforcement, add immigration judges and expand shelter and medical care for the minors while they are detained.

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Obama seeks $3.7 billion to deal with border kids

July 8, 2014 0

WASHINGTON (AP) — Tackling what he has called a humanitarian crisis, President Barack Obama on Tuesday asked Congress for $3.7 billion to cope with a tide of minors from Central America who are illegally crossing the U.S. border, straining immigration resources and causing a political firestorm in Washington.

Exclusive – CIA had role in Germany spy affair

July 7, 2014 0
A small photo camera placed in a book and used by the U.S. Central Intelligence Agency (CIA), is displayed at the 'Top Secret' Spy Museum in Oberhausen

By Mark Hosenball WASHINGTON (Reuters) – The Central Intelligence Agency was involved in a spying operation against Germany that led to the alleged recruitment of a German intelligence official and has prompted renewed outrage in Berlin, two U.S. officials familiar with the matter said on Monday. CIA Director John Brennan has asked to brief key members of the U.S. Congress on the matter, which threatens a new rupture between Washington and a close European ally, one of the officials said. The office of Germany’s Federal Prosecutor, based in the western city of Karlsruhe, late last week issued a statement saying that a 31-year old man had been arrested on suspicion of being a foreign spy, and that investigations were continuing. German politicians have said that the suspect, an employee of the country’s foreign intelligence service, admitted passing to an American contact details concerning a German parliamentary committee’s investigation of alleged U.S. eavesdropping disclosed by Edward Snowden, a former contractor for the U.S. National Security Agency.

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Congress, allies to write to LS speaker seeking quick resolution in LoP issue

July 7, 2014 0

New Delhi, July 7 (ANI): Congress leader Anand Sharma on Monday said that the party and its allies will be writing to Speaker Sumitra Mahajan asking for a quick decision in the issue of the Leader of Opposition. He said that the Congress will exercise all options to get a democratically correct and logical conclusion to the issue. “Government is trying to subvert the appointments of Lokpal, CVC and other key posts by denying the LoP status to Congress.