Railways cuts plan outlay by Rs 4,000 crore for 2012-13

NEW DELHI: Cash-strapped Railways has scaled down its plan outlay by around Rs 4,000 crore for the current fiscal, following failure to raise the funds internally. In its budget for 2012-13, Railways had proposed its highest ever plan outlay of Rs 60,100 crore. It was planning to generate Rs 18,050 crore through internal resources."In view of the shortfall in generation of targeted internal resources,...

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Rice Withdraws From Sec. of State Consideration

Image Credit: Evan Vucci/AP PhotoUN Ambassador Susan Rice has withdrawn her name from consideration for Secretary of State, saying the criticism surrounding her comments on Benghazi had become an “irresponsible distraction.”“I am fully confident that I could serve our country ably and effectively in that role,” Rice wrote in a letter to President Obama today. “However, if nominated, I am now...

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Global Checkup: Most People Living Longer, But Sicker

If the world's entire population went in for a collective checkup, would the doctor's prognosis be good or bad? Both, according to new studies published in The Lancet medical journal.The vast collaborative effort, called the Global Burden of Diseases, Injuries, and Risk Factors Study 2010, includes papers by nearly 500 authors in 50 countries. Spanning four decades of data, it represents...

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Fed sets inflation, jobless targets for hiking rates

WASHINGTON: The US Federal Reserve laid out target levels on unemployment and inflation for raising interest rates for the first time Wednesday, surprising analysts who expected such a move would wait until next year.In an effort to better signal its policy path, after its benchmark rate has been locked at 0-0.25 percent for four years, the Fed said it would not lift rates as long as the...

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What women's empowerment when competent ones dropped from govt panel: Indira Jaising

NEW DELHI: India's first woman additional solicitor general Indira Jaising criticized the Centre's decision to drop several "competent" women lawyers from its panel for handling government litigation in the Supreme Court and asked law minister Ashwani Kumar whether they needed a 'godfather' to succeed in the legal profession.Recent changes in the panel of lawyers made Jaising, who is among a handful...

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Why Mass Shooters Often Wear Masks

The Oregon mall shooter was dressed all in black and his face was covered by a white hockey mask.The mask, the black clothes, the age of the gunman and a weapon are becoming a familiar and deadly pattern.The gunman, 22-year-old Jacob Tyler Roberts of Portland, is one of a string of killers before him, including Aurora shooter James Holmes, who chose to wear black and cover...

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Who’s Watching? Privacy Concerns Persist as Smart Meters Roll Out

Energy consultant Craig Miller, who spends much of his time working to make the smart grid a reality, got a jolt when he mentioned his work to a new acquaintance. The man, who happened to be a lineman at a Pennsylvania utility, responded earnestly:  "Smart meters are a plot by Obama to spy on us."The encounter was a disheartening sign of the challenge ahead for proponents of the smart...

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Cardin looks ahead to busy 2nd Senate term

Now that Maryland voters have handed him six more years in office, Sen. Benjamin Cardin has the freedom to do something many of his colleagues don’t amid the ongoing “fiscal cliff” negotiations. Keep an open mind. As President Obama and House Speaker John Boehner (R-Ohio) work to strike a deficit-reduction deal, the Maryland Democrat has his own priorities. And he won’t rule anything out...

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US blacklists Al-Qaeda-linked rebels in Syria

WASHINGTON: Washington blacklisted an Al-Qaeda-linked rebel group in Syria Tuesday, warning extremists could play no role in building the nation's future as the US readies to recognize the new Syrian alliance.The move against the Al-Nusra Front came ahead of talks in Morocco on Wednesday, when the United States is expected to give full recognition to the Syrian National Coalition as the...

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Disclose Swamy's letter to Kalam after consulting him: CIC

NEW DELHI: The Central Information Commission (CIC) has directed the President's Secretariat to make Janata Party chief Subramanian Swamy's letter to former President Dr A P J Abdul Kalam public after consulting him. Swamy had written to Kalam after the 2004 election which UPA had won.In the letter Swamy had raised doubts on if Congress president Sonia Gandhi's candidature would be accepted by...

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