Every CAG report has a basis: Vinod Rai

BHUBANESWAR: Brushing aside criticism of the national auditor's method of calculating losses in coalgate and 2G spectrum scams, Comptroller & Auditor General Vinod Rai on Sunday said every CAG report has a certain 'basis'. The country is faced with corruption of unprecedented proportion, Rai said, while defending his reports, saying these were unique and extraordinary. "Every report is unique...

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Attack at Algeria Gas Plant Heralds New Risks for Energy Development

The siege by Islamic militants at a remote Sahara desert natural gas plant in Algeria this week signaled heightened dangers in the region for international oil companies, at a time when they have been expanding operations in Africa as one of the world's last energy frontiers. (See related story: "Pictures: Four New Offshore Drilling Frontiers.")As BP, Norway's Statoil, Italy's Eni, and...

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President Obama Sworn In for Second Term

President Barack Obama and Vice President Joe Biden today officially embarked on their second term, taking the Constitutionally mandated oath of office in two separate private ceremonies inside their homes.Shortly before noon in the Blue Room of the White House, Obama raised his right hand, with his left on a family Bible, reciting the oath administrated by Chief Justice John...

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Opposing views on Obama and future of the country split Ohio community

FREMONT, Ohio — On the same day, in the same county of northern Ohio, two new grandparents prepared to drive to the same factory for work. They had started their careers at Arm & Hammer in the same year, and for more than two decades they had stood together on a concrete floor and watched baking soda roll down an 80-foot production line. But, on this morning, what they saw looked nothing...

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Algeria hostage crisis ends in bloodshed

IN AMENAS, Algeria: Algerian troops stormed a remote gas plant on Saturday to end a hostage crisis that killed 23 foreigners and Algerians, seven of them executed by their Islamist captors in a final military assault.Twenty-one hostages died during the siege that began when the Al-Qaeda-linked gunmen attacked the In Amenas facility deep in the Sahara desert at dawn on Wednesday, the interior...

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JBT scam: Convicted retired staff & kin in a shock

NEW DELHI: Four days after the CBI court gave its verdict in the junior basic trained (JBT) teachers' recruitment scam, 50 retired Haryana primary education department employees, who were convicted by the court, and their families are in a state of shock.Having lost the legal battle following the CBI court's conviction, the former government employees of the education department on Saturday pleaded...

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Ex-Teammate: Armstrong Showed 'Genuine Emotion'

While critics railed against Lance Armstrong for coming off as detached in the two-part interview with Oprah Winfrey that aired Thursday and Friday nights, former teammate and friend, Tyler Hamilton, told "Good Morning America" today that he felt Armstrong was displaying "genuine emotion.""I've never seen Lance shed a tear until last night. Before I even heard one word from...

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Earl Smith is the man behind a military patch that President Obama prizes

AUSTIN, Tex. — That February morning in 2008 found Barack Obama decidedly out of sorts. He was locked in one battle with Hillary Rodham Clinton for the Democratic nomination that showed no signs of ending — and another with a vicious cold that felt the same way. As he rode the service elevator in the backway of a convention hotel here, the snowy-haired African American operating it...

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US stocks mostly higher; Intel pulls Nasdaq down

NEW YORK: US stocks ended mostly higher on Friday helped by news that Republicans might give way to a short-term rise of the debt ceiling to avoid a new crisis, but poor earnings from Intel pulled the Nasdaq lower.The Dow Jones Industrial Average was up 53.68 points (0.39 percent) to 13,649.70.The broad-based S&P 500 added 5.04 points (0.34 percent) at 1,485.98.But the tech-heavy Nasdaq...

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Nirbhay to be test-fired in February

HYDERABAD: Nirbhay, India's first subsonic cruise missile, will be test-fired by the end of February, said V K Saraswat, director general of Defence Research and Development Organisation (DRDO) and scientific advisor to defence minister A K Antony. Saraswat was speaking to the media during a seminar on 'Nurturing, Managing and Institutionalising Innovation' organised by the Defence Research and...

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