Indo-Russian transport aircraft to fly by 2017

NEW DELHI – The Indo-Russian Multirole Transport Aircraft (MTA), designed to replace India’s AN 32 aircraft, should be flying in about seven years, a Russian official has said. The aircraft would be useful in natural disaster relief missions.

Vladimir A. Belyakov, Deputy Director General of the United Aircraft Company (UAC), told India Strategic (www.indiastrategic.in) after the … Original article on : Indo-Russian transport aircraft to fly by 2017.

Greek prime minister promises corporate tax cut, as thousands march to protest austerity

Greek prime minister outlines economic policy

THESSALONIKI, Greece – Greece’s prime minister has promised to lower some corporate taxes to help revive the debt-plagued country’s shrinking economy, while thousands of protesters marched – mostly peacefully – against the government’s harsh austerity measures.
Prime Minister George Papandreou promised on Saturday that the tax rate on companies’ retained profits …. Read the original article  : here.

Benefits of exports should be shared with producers

NEW DELHI – State governments should work in tandem with the centre to ensure that the benefits of exports reach the people at the grassroots.

“There is a need for capacity building of state government officials to enable them to engage in meaningful consultation with the central government to make the foreign trade …. Read the original article  : here.

Gold may surge to Rs.22,000 per 10 grams by year-end

NEW DELHI – Gold price may surge to a record Rs.22,000 per 10 grams by the end of this year as uncertainty in the US and European economies forces investors to bank on the precious metal.

During the forthcoming festival season, gold price is likely to hover around Rs.21,000 per 10 grams, according to a …. Read the original article  : Gold may surge to Rs.22,000 per 10 grams by year-end.

Swedish vote could end love story with left as center-right bloc seeks historic re-election

Swedish vote could end love story with left

STOCKHOLM – Swedish politics used to be like a long marriage with brief spells of infidelity.
Voters always returned to the long-governing Social Democrats – guardians of the Nordic country’s high-tax welfare state – after short-lived flirts with center-right coalitions.
That love story, it appears, may be coming to an … Original source on Gaea Times at : Swedish vote could end love story with left as center-right bloc seeks historic re-election.

Colorado Senate hopefuls spar in 1st debate over impending expiration of Bush-era tax cuts

Colorado Senate hopefuls spar on Bush-era tax cuts

GRAND JUNCTION, Colo. – Democratic Sen. Michael Bennet said middle class tax cuts scheduled to expire in January should be extended, but he disagreed with his Republican challenger during their first debate Saturday night over tax cuts for the rich.
Bennet said he wasn’t convinced that tax cuts for … Read more : Colorado Senate hopefuls spar in 1st debate over impending expiration of Bush-era tax cuts.

Donald Fehr moves a step closer to becoming NHLPA’s executive director

Fehr closer to becoming NHLPA’s executive director

TORONTO – Donald Fehr is a step closer to becoming the NHL Players’ Association’s executive director.
The union said Saturday it has accepted the recommendation of its search committee and will put Fehr. to a vote among its membership.
Players are expected to vote following individual team meetings during training camp …. Source  : Gaea News Network.

At NY Fashion Week, white is the new black _ showing a new optimism among designers

White is the new black at NY Fashion Week
NEW YORK – If fashion is any guide, better days may be ahead.

Designers flocked to an optimistic white on Saturday at New York Fashion Week. It was a far cry from the blacks and grays that have come to dominate the runways.
The look was a softer, summery …. Original article  : At NY Fashion Week, white is the new black _ showing a new optimism among designers.

BP’s head of oil and exploration leaving Russian venture to make room for embattled CEO

BP exec leaving board of Russian joint venture

The BP executive running the oil and exploration division embroiled in the disastrous Gulf of Mexico spill is leaving the board of the company’s Russian joint venture.
Andy Inglis is giving up his board seat at TNK-BP to make room for BP PLC’s outgoing CEO Tony Hayward.
BP is making … Read the original article on Gaea Times at : BP’s head of oil and exploration leaving Russian venture to make room for embattled CEO.

Icelandic lawmakers split on prosecuting former leaders for financial crash

Iceland MPs split over financial crisis charges

REYKJAVIK, Iceland – A committee of Icelandic lawmakers split Saturday over whether to recommend an unprecedented prosecution of former leaders for failing to prevent the country’s financial meltdown.
The deadlock means it will be harder for parliament to try former Prime Minister Geir Haarde and three other top officials for …. Original article on Gaea Times at  : Icelandic lawmakers split on prosecuting former leaders for financial crash.

Person familiar with union plans say NFLPA handing out voting cards on decertification

AP source: Union considering decertification vote

NEW YORK – The NFL Players Association is handing out voting cards to the players that could lead to decertification of the union.
A person familiar with the union’s plans told The Associated Press on Saturday that players from all 32 teams will be asked to consider decertification, which could prevent … Original article on : Person familiar with union plans say NFLPA handing out voting cards on decertification.

As Oregon state government sheds workers, it foresees rewards for companies that shed workers

Ore. budget outlook: pink slips, business rebates

PORTLAND, Ore. – Oregon’s treasury is so depleted that teachers and state workers are getting pink slips, but the state is nevertheless on course to send millions in tax rebates next year to businesses that have done well through the Great Recession by paring their own payrolls.
One Democratic lawmaker … Read the original article on Gaea Times at : As Oregon state government sheds workers, it foresees rewards for companies that shed workers.

Banning export no solution to illegal iron ore mining: Sharma

Bangalore, Se 11 (IANS) Union Commerce and Industry Minister Anand Sharma Saturday told the Karnataka government that banning iron ore export was not the solution to check illegal mining in the state.

“Just stopping movement from minor ports is not going to help,” Sharma told reporters here commenting on Karnataka government’s July 29 ban on export …. Source  : Banning export no solution to illegal iron ore mining: Sharma.

Andhra concerned over impact of Ohio’s decision on IT sector

HYDERABAD – Andhra Pradesh Chief Minister K. Rosaiah is concerned over the impact of the decision of US’ Ohio state, to ban outsourcing to India, on the state’s Information Technology sector.

The chief minister has urged the central government to take up the issue with the United States and ensure that the Indian IT industry and …. Source article  : Andhra concerned over impact of Ohio’s decision on IT sector.

Greek unions launch protests before prime minister’s key speech on economy

Greek protesters confront government on economy

THESSALONIKI, Greece – Greece’s prime minister promised Saturday to lower corporate taxes to help revive the debt-plagued country’s shrinking economy, while thousands of protesters marched – mostly peacefully – against the government’s harsh austerity measures.
Greece narrowly avoided bankruptcy in May when European countries and the International Monetary Fund gave it …. Source  : Gaea News Network.

Party politics affecting development plans: Tharoor

NEW DELHI – Contending that party politics is adversely affecting implementation of development plans, former minister of state for external affairs Shashi Tharoor Saturday criticised the Kerala government for being partial with Congress sympathisers.

“In Kerala, if a family is sympathetic towards Congress, they will not get a BPL (below poverty line) card,” Tharoor, the …. Original article on Gaea Times at  : Party politics affecting development plans: Tharoor.

Weeks before midterm elections, US poverty on track for record gain in 2009 on Obama’s watch

US poverty on track to post record gain in 2009
WASHINGTON – The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama’s watch, with the ranks of working-age poor approaching 1960s levels that …. Original article  : Weeks before midterm elections, US poverty on track for record gain in 2009 on Obama’s watch.

India, China leading global recovery: IMF

WASHINGTON – The International Monetary Fund (IMF) Saturday said major emerging economies like China, India, Indonesia and Brazil are leading the global economic recovery.

“Emerging economies have been sustained by strong domestic demand and the recovery of global trade. Major economies in emerging Asia — China, India, and Indonesia — remain in the lead, followed by … Read : India, China leading global recovery: IMF.

Mukherjee asks RBI to take measures to help curb price rise of food material

KOLKATA – Union Finance Minister Pranab Mukherjee has expressed concern over rising food prices and advised the central bank to take every possible measure required to bring them down while keeping options open on the fiscal front.

His concern has come ahead of monetary review by … Read this article on Gaea Times at : Mukherjee asks RBI to take measures to help curb price rise of food material.

BPO jobs on your finger taps!

CHENNAI – Good news for those aspiring to work in the Business Process Outsourcing (BPO) sector! Now any one seeking a job in a BPO can apply dialling a toll-free number to key in their resumes from their mobile phone.

The aspirants can also record their voice on the toll-free number — once this is …. Original article  : BPO jobs on your finger taps!.