Business & Economics
Year: 2013
Business & Economics
Asian Earthquakes
The second-worst earthquake of 2012 happened on February 6, off the coast of Negros Oriental, Philippines. The 6.7 magnitude quake killed 113 people and injured 100, also cutting off water, electricity, transportation, and communications.The fourth-worst […]
Africa
African Sahel Regional Drought
In May, eight countries in West Africa suffered from a devastating lack of rainfall. This absence of rain came at a critical time in the growing season there. Failed crops and an insect plague have […]
Business & Economics
North American Derecho and Drought
The June 2012 Derecho was one of the most damaging thunderstorm complexes in recent history. This surprise storm produced wind speeds over 90 mph and hail stones up to 2.75 inches in diameter. From the […]
Business & Economics
India’s Olympic Dreams Quashed
Indian sports received a huge setback and a major embarrassment when the International Olympic Association decided to suspend the Indian Olympic Association due to Government interference. This decision was on the cards after IOA decided […]
Business & Economics
Worst Natural Disasters Of 2012
2012 saw many natural disasters strike across the globe, killing thousands and inflicting billions of dollars in property and infrastructural damage. From hurricanes and earthquakes to droughts, heat waves and wildfires, events were both widespread […]
Business & Economics
Sc Blow To Govt In High-Profile Cases, Death To Ajmal Kasab
NEW DELHI (TIP): Judgements giving a body blow to the government in the highprofile Vodafone tax case and scrapping of 2G spectrum licences hogged the limelight in the Supreme Court which in 2012 also brought […]
Business & Economics
Delhi Gang Rape Case The Beginning Of A Change In The Mindset— A Revolution
A female physiotherapy intern was beaten and gang raped in Delhi on 16 December 2012, and died thirteen days later while undergoing emergency treatment in Singapore for brain and gastrointestinal damage from the assault. After […]
Business & Economics
Business & Economics
Top 10 Item Songs Of 2012
AA RE PRITAM PYAARE Aa Re Pritam Pyaare is one of the most well choreographed, well executed and enthusiastic item dance number of this year, 2012. Performance by Shakti Mohan, Mariam Zakaria and Mumaith Khan […]
Business & Economics
Kingfisher – Not The King Of Good Times Any More
“The King of Good Times’ was hit by one crisis after another in 2012. A series of events that led saw half the fleet of KFA grounded and several members of its staff going on […]
Business & Economics
Cap On Lpg Subsidy
With a view to check burgeoning subsidy, the government decided to cap supply of subsidized LPG cylinders to six cylinders per year per household. Any requirement over and above the six subsidised bottles would have […]
Business & Economics
Introduction Of Gaar (General Anti Avoidance Rules)
Erstwhile finance minster Pranab Mukherjee introduced the highly controversial law against tax avoidance through foreign investments in his Union Budget speech. GAAR, or the General Anti Avoidance Rules, entails rules and laws that targets entities […]
Business & Economics
MARKET/BULLION ROUND UP
The Sensex has surged 24.90% in calendar 2012 so far (till 17 December 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 27.61%. The S&P CNX Nifty has also […]
United States
United States
What the Cliff Compromise Means for New York City
New York City Comptroller John C. Liu offered the following statement on the Congressional agreement to avoid the so-called Fiscal Cliff and its effect on New York City taxpayers: “We will have to wait and […]
Featured
Featured
AS I See It:Restricting Guns: Now It Is Between Lawmakers And National Rifle Association
Adam Lanza, clad in ‘black battle fatigues and a military vest’ picked up the deadliest arms as if to wage a battle against his enemies and thus become a ‘martyr’ to the memory of his […]
Indian Americans
Obama Renominates Indian American As Federal Judge
WASHINGTON (TIP): Indian- American Srikanth Srinivasan is among the 33 federal judges renominated by the US President Barack Obama for the US Court of Appeals, January 4, 2013. Srinivasan is the only Indian American re-nominated […]
Business & Economics
Pak Strategy: Deny India Nuclear Victory
Pakistan’s relations with two of its neighbors-India and Afghanistan – are strained, and a third border, with Iran, marks the Sunni-Shia divide within Islam. Domestic social services are in decline. Governance is widely conceded to […]
United States
Indian Americans
Indian American Honored With Mahatma Gandhi Pravasi Gold Medal
HOUSTON (TIP): Utpala Dubey, an Indian American engineer settled in Houston has been honored with the “Mahatma Gandhi Pravasi Samman 2012” medal by the government of India and the Non-Resident Indians (NRI) Welfare Society of […]
United States
Newtown Schoolkids Back In Class
MONROE (TIP): Classes resumed on January 3, for the students of the Connecticut school where gunman Adam Lanza last month killed 20 children and six adults before killing himself. It was the second largest school […]
Europe
Pakistan Taliban Renews Ceasefire Offer
ISLAMABAD (TIP): The Tehrik-e- Taliban Pakistan has stated that it is willing to declare ceasefire if the Pakistan government withdraws from the US-led war on terror and forms a new foreign policy in accordance to […]
United States
Interfaith Meeting for Sandy Victims
NEW YORK (TIP): An Interfaith meeting was organized in the wake of the devastation caused by Hurricane Sandy Sunday, December 16th at the Hindu Temple Society of North America in Flushing. Prayers were offered for […]