Nirmal Om newsline

Asian markets tumbled down on fear of recession has put the asian stocks dipping and fear of recession reached from US has taken the cpatains of the industry to tighten their belts. 2008-11-12 05:51:55 - Prime Minister Dr Manmohan Singh has ruled out immediate reduction of petroleum products. He said that high prices of aviation fuel were reduced so that the employment potential in aviation sector is not affected. High aviation fuel prices resulted in financial losses to oil companies. Speaking to reporters on board in his royal aircraft way back from Doha, Dr. Singh said that the government is committed to provide all possible help to trade and industry to check the adverse impact of global economic melt down. But refused reduction in oil price,thus paving way for spiralling inflation to continue an adverse chain reaction in further vigrous and deepening of Indian recession to follow soon with fear of negativity in economic cycle. Steel Secretary P K Rastogi has said that the SAIL...

2008-11-05 06:06:22 - Democrats back to power especially from those states of 2004,with ease pass magic number of 270 electoral vote threshhold to give Democrat Barack Obama,Illinois Senator,the ultimate choice of more than hundred million voters in process. Obama, 47, defeated Republican Senator Arizona John McCain Tuesday by a convincing margin to be crowned for the top Job of most powerful country of the world.Obama rise from Obscurity to glory,the most powerful person in world.From a small-time community worker to the most powerful man in the world, Barack Obama's victory in the US Presidential polls marks a huge political transformation in a country with a racist past that will have a Black occupy the top post for the first time.The mission victory, extends the expansion of Democratic majorities in the House and Senate, thus gives democrat control of both the executive and legislative after gap of fifteen years. Democrat nominee Barack Obama becomes the first black President o...

Egyptian made magnificient efforts to bring peace between Israel and Hamas, two ering group,the ceasefire beginning Thursday,Hamas the defacto rulers of Gaza strip. Egypt official and Hamas spokesperson said earlier the ceasefire would come into effect on Thursday. Hamas striking the peace deal has found their way to legitimacy in the Mideast peace process, Hamas being winner in Palestinian election but the world rejected them as radicals.Hamas has always said we are part of Palestine mainstream politics but few countries has tagged them as terror group.Jimmy Carter former President of US on his peace mission did spoke to Hamas to reach to consenus on broader terms inspite of unpleasant US President George Bush. The peace has pen to end rocket and mortar bomb attacks on Israel from Gaza, as well as halt Israeli raids and air strikes in the Palestinian territory. US officials has been rejecting Hamas in talks of peace process with rejected contact with Hamas because they view it as a ...

OPEC Secretary General Abdalla El-Badri has been authorised by Saudi cabinet to convene Oil meet of producers and chief consumers,with those investor in oil sector to have thread bare discussion reasons responsible surge in global oil price. OPEC's reference basket of crudes from 13 countries was $130.87 per barrel on Monday, compared with $126.11 the previous Friday, the oil cartel said on Tuesday. In use since 1987, the basket is calculated from the crude prices of: Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Minas (Indonesia), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), Murban (UAE) and BCF 17 (Venezuela). The chief executive of Russia's energy giant Gazprom told a European business forum in France that oil prices could reach $250 per barrel in the longer term. News agency AFP quoted Alexei Miller as saying that rivalry for hydrocarbon resources wi...

Traders at Madrid's main food wholesale market said supplies of fresh food would start to run out soon. Portuguese drivers have joined the strike and there were also protests in France over the impact of record oil prices, now at highs of more than $US139 per barrel. One striking truck driver was killed when he was hit by a van near a market in Grenada in southern Spain. In Portugal, a picket died as he tried to stop a truck on a road north of the capital Lisbon. Diesel has risen to 1.30 euros/litre from 0.95 euros a year ago, pressuring European Union (EU) governments to help heavy fuel users such as truck and taxi drivers, fishermen and farmers. In Asia, governments are struggling to prevent rising prices making the burden on the public so heavy that it threatens political stability. South Korea's Cabinet offered to resign in the face of huge street protests about the policies of its unpopular President Lee Myung-bak. European countries face their road transport protest after...

2008-06-02 21:53:35 - Right hindu BJP prepare next Lok Sabha elections and asked state units to forward the list of probable candidate by this month end.Mr LK Advani hopes more allies will join NDA in near future with their planned strategy. BJP Party chief Rajnath Singh also announced setting up of a central election management and coordination war room to gear up for the Lok Sabha polls.BJP Buoyed by a series of Assembly poll wins in its National Executive meeting in which BJP today started gearing up for emerging as the "clear winner" in the next Lok Sabha polls with senior leader L K Advani coining the slogan Jeetega BJP, Jeetega India. Mr L K Advani, projected as the NDA's Prime Ministerial candidate,in exuberance of victory in Karnataka to which he has described it as a turning point in BJP ascendence in national secene said, "Once the BJP is seen as a 'clear winner', it is bound to have a positive effect on the size and strength of the NDA. We can expe...

2008-06-03 11:22:47 - Asian region is in the grip of immediate threats of more quakes.The continent's various tectonic plates hangs in imbalance as its imbricate nature needs balancing act which appears to have been unable to search its new fulcrum. Jun 3,2008 Tremblor in Indonesia An earthquake measuring 5.4 on the Richter Scale rocked eastern parts of Indonesia this morning. Indonesian Meteorological agency said the quake struck at 8:03 a.m. (local time) and had its epicenter 62 kilometers northeast of Poso town of Central Sulawesi province; and 44 kilometers in depth. There are no immediate reports of any damage or casualties. June 1,2008 Quake rocks Philippines,Taiwan. A strong 6.4quake rocks Philippines,Taiwan.2008-06-01 09:52:08 - US Geological Survey said that a strong 6.4-magnitude earthquake rocked the northern Philippines and southern Taiwan on Sunday. Philippine Taiwan"s Central Weather Bureau said the magnitude 6.8 quake hit at around 9:57 a.m. (0157 GMT). It was f...