Growth to pick up in 2013-14, room for more FDI: Chidambaram Union Finance Minister P Chidambaram has said that India's economy is capable of absorbing $50 billion in Foreign Direct Investment (FDI) per year. He also added that the government is committed to reforms to tackle a large Current Account Deficit.
NADA refuses dope test
To put an end to the drug controversy, the Sports Ministry has directed the National Anti-Doping Agency (NADA) to immediately carry out dope tests on successful boxer Vijender Singh, who has been accused of consuming heroin by Punjab Police. However, the NADA has said that it will follow its own protocol as it is an autonomous body and cannot take orders from any ministry.
Japan’s Kyosan has a solution for India’s traffic jams Cities across India like other Asian cities are facing traffic congestion, especially during peak hours. In Mumbai, the country’s financial capital, jams are worsening as thousands of new vehicles are being added to the city’s roads every day.
SC pulls out travel ban imposed on Italian Envoy The Supreme Court on Tuesday pulled out the travel restriction imposed on Italian Ambassador Daniele Mancini from leaving the country in relation with the of two Indian fishermen by two off the Kerala coast last year.