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India News on November 8, 2010

Obama criticises mockery of election process in Myanmar
The United States President, Barack Obama, here on Monday criticised the way political freedom is being suppressed in Myanmar and a mockery of election process is being done in full public view of the international community. ANI

India, US ink pact to study seasonal prediction of Indian Summer Monsoon Rainfall
India and the United States on Monday signed an agreement on 'Technical Cooperation for Study of Dynamical Seasonal Prediction of Indian Summer Monsoon Rainfall' during the visit of US President Barack Obama in New Delhi. ANI

Omar Abdullah welcomes US President Obama's comments on Kashmir
Welcoming US President Barack Obama's comments that the United States cannot provide a solution to the India-Pakistan dispute over Kashmir but it can play 'any role' if the two countries so desire, Jammu and Kashmir Chief Minister Omar Abdullah on Monday said that the time had come for Pakistan and separatists in the State to look inwards for a solution. ANI

Obama praises India's success story written under democracy
The United States President, Barack Obama, today appreciated the resilience of India that it has shown in the last 60 years while abiding itself by the principles of democracy and steadily making itself a great success before the world. ANI

Mukherjee calls for collective approach to deal with global crisis
Union Finance Minister Pranab Mukherjee on Monday said that we have learnt a lesson from the current global crisis that remedy lies in collective and corroborative approach-not in unilateralism ANI

Safe havens for terrorists within Pakistan borders unacceptable: President Obama
The United States President Barack Obama on Monday said the terrorists' safe havens within Pakistan borders were unacceptable, asserting that the United States will insist that terrorists behind 26/11 Mumbai terror attacks be brought to justice. ANI

Technology Ministerial Meeting begins in New Delhi tomorrow
The Technology Ministerial Meeting on 'Climate Change-Technology Mechanism' begins here on Tuesday. ANI

Michelle Obama visits Delhi's National Crafts Museum
US First Lady Michelle Obama visited the National Handicrafts and Handloom Museum at Pragati Maidan complex here on Monday, where she witnessed India's rich cultural diversity. ANI

Opposition to go full throttle on scams in Winter Session of Parliament
The Winter Session of Parliament, that will begin from Tuesday, is likely to be a quite stormy affair, as the Opposition is all geared up to raise many important issues and try to put the Government on mat through issues of scams. ANI

Obama says US wants India to be a permanent UNSC member
Visiting US President Barack Obama on Monday backed India for a permanent seat on the UN Security Council. ANI

US agrees to take ISRO, DRDO off banned entities list
The United States Government on Monday announced that it would lift the ban on high-end technology exports, particularly in the defence and space research areas. ANI

India, US enhance bilateral ties through six pacts
India and United States on Monday took further steps to enhance their bilateral and strategic partnership by signing six agreements. ANI

US help needed to sustain India's nine to ten percent growth rate for next 30 years: PM
The Prime Minister, Dr. Manmohan Singh, on Monday said the help of the United States would be of enormous significance for India to sustain an annual growth rate of between nine and ten percent over the next 30 years. ANI

India is key actor on world stage, extraordinarily important to US: Obama
Visiting US President Barack Obama on Monday described India as a key actor on the world stage, and a country that has already emerged as a world power. ANI

India-US to strengthen cooperation to tackle nuclear terrorism
The Prime Minister, Dr Manmohan Singh, on Monday said both India and the United States have put forth a common vision of a world without nuclear weapons, adding that the two nations have decided to strengthen cooperation to tackle nuclear terrorism. ANI

India is not in business of stealing jobs from US: PM to Obama
Prime Minister Dr. Manmohan Singh on Monday asserted that India was not in the business of stealing American jobs, even as U.S. President Barack Obama said that deals with India to create 50,000 jobs back home were aimed at assuaging citizens' fears. ANI

India-US to work as equal partners in a strategic relationship
The Prime Minister, Dr Manmohan Singh, on Monday said India and the United States have decided to accelerate the deepening of ties and to work as equal partners in a strategic relationship that will positively and decisively influence world peace, stability and progress. ANI

India welcomes US support for membership in Nuclear Suppliers Group
The Prime Minister, Dr Manmohan Singh, on Monday said India welcomes the decision by the United States to lift controls on export of high technology items and technologies to India, and support India's membership in multilateral export control regimes such as the Nuclear Suppliers Group. ANI

Obama: US can't impose solution to Kashmir
U.S President Barack Obama on Monday said the United States "cannot impose a solution to Kashmir," but had offered to help the two countries work out the problem, saying he believed both "have an interest in reducing tensions" ANI

Talks with Pak not possible as long as it supports terror induced coercion: Manmohan Singh
The Prime Minister, Dr. Manmohan Singh, on Monday ruled out a resumption of bilateral talks or a dialogue at a leadership level with Pakistan until Islamabad dismantled the terror infrastructure operating from its soil. ANI

China facing rising infertility levels: experts
An epidemiology study has revealed that more than 40 million people in China are suffering infertility on the mainland and the number is still increasing. ANI

Earthquake blamed for divorce rise in southwest China
More people got divorced in Southwest China's Sichuan province than in any other part of the country in the first three quarters of this year, with some experts blaming the devastating Wenchuan earthquake in 2008 for the phenomenon. ANI

Cyclonic storm 'Jal' weakening as it crosses north TN, south AP coasts
The cyclonic storm 'Jal' has weakened as it crossed north Tamil Nadu and south Andhra Pradesh coasts close to north of Chennai. ANI

Four Maoists arrested in Orissa
Police arrested four Maoists after a brief encounter with them at Gopinath village in Orissa's Gajapati district. ANI

Maoists torch four trucks in Gaya in protest against Obama visit
Maoists torched four trucks in Bihar's Gaya district in protest against the visit of US President Barrack Obama to India. ANI

Obama, Manmohan Singh begin restricted talks
Restricted talks between Prime Minister Manmohan Singh and US President Barack Obama have begun at Hyderabad House. ANI

Obama visits Rajghat, pays homage to Mahatma Gandhi
US President Barack Obama visited Rajghat, the memorial of Mahatma Gandhi, to pay homage to the Father of the Nation on Monday. ANI

Obama thanks Indians for their extraordinary hospitality
US President Barack Obama on Monday thanked the people of India for their extraordinary hospitality and warmth. ANI

Obama gets ceremonial welcome at Rashtrapati Bhavan
A ceremonial reception was accorded to US President Barack Obama at the Rashtrapati Bhavan here this morning. ANI

PM, Obama to hold talks today
US President Barack Obama will hold a one-on-one meeting Prime Minister Manmohan Singh at 11 a.m. at Hyderabad House here today. ANI

IDFC Consolidated Net Profit Increased by 19% in H1 FY 2011 over H1 FY 2010
Highlights of H1 FY 2011 -- Profit After Tax of Rs 674 crore for H1 FY 2011 compared to Rs 564 crore in H1 FY 2010 -- EPS (diluted) increased from Rs 4.32 per share to Rs 4 Business Wire India

NIKON Starts Call Center in India
Nikon India will be setting up its first call center in India to be operated out of its head office in Gurgaon. The call center have been designed and equipped to handle services and queries of all D-SLR’s, NIKKOR Lenses, COOLPIX Compact Cameras, accessories and any other imaging products. Speaking on the occasion Mr Business Wire India

‘Role of CFOs in the Changing Economic and Regulatory Landscape’ CII CFO Summit 2010
CII announces its 6th national flagship Conference for the Chief Financial Officers and Finance Heads - The CFO Summit 2010; scheduled for Saturday, 13 December 2010 at Hotel Taj Mahal Palace & Towers, Mumbai. The 6th Summit proposes to deliberate upon the challenging role of Chief Financial Officers (CFOs) within the dynamic economic conditions, both in India as well as globally Business Wire India

Banking Education Gets a Boost with Symbiosis International University
Pune 8 Nov: As per the McKinsey report ‘India Banking 2010’, it is projected that the sector has the potential to account for over 7.7 per cent of GDP with over Rs.7,500 billion in market cap, and to provide over 1.5 million jobs Business Wire India

Subramanian Parameswaran (Subbu) Joins Appnomic as President of India Operations
Appnomic Systems, a specialist Remote Infrastructure & Application Management Services company, announced that accomplished IT industry executive Subramanian Parameswaran has joined them as President of India Operations. He will be based in Mumbai and focus on positioning Appnomic’s automated infrastructure management solutions to large & growing enterprises Business Wire India

Cornell-in-India and Sathguru Announces Seed Industry Program 2011
The seed industry has been shaped by rapid growth, widespread mergers, acquisitions, and shifting roles of public and private R&D. Small business ventures have given way to larger enterprises that integrate plant breeding, research, production, and marketing functions Business Wire India

Nilgiris Opens its 100th Store in South
The Chain which has pioneered the franchisee Model in the Neighbourhood Convenience Food and Grocery Retail Format in India has been a dominant player in the South of India with a major presence in states of Karnataka and Tamil Nadu for many years now. It has earlier this year also extended its footprint to markets of Andhra Pradesh and Kerala Business Wire India

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