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Friday, August 28, 2009

Harley Davidson, cult mobike, in India soon

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It took some time coming, but in a protracted two year mango for bike trade swap, it's finally here.

Iconic US cruiser bike manufacturer Harley Davidson has decided to launch its legendary bikes in India, the world's second largest two-wheeler market.

Harley's cruisers will emit their patented roar on Indian streets from mid-2010, when the company launches 12-15 o its bikes here.

The first ones to hit the roads could be the ones that were on display at New Delhi's Oberoi Hotel on Thursday the Fatboy and Night Rod Special. "India is important in our long term vision," said Keith Wandell, President and CEO of the $5.6 billion (Rs 27,000 crore) company.

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posted by PressMart Team at 9:52 AM 0 Comments

Monday, June 8, 2009

Obama’s marriage was on brink of collapse, says new book

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Barack and Michelle Obama are said to be the most romantic ever First Couple to lead America. But now a new book has claimed that it was not always wedded bliss for them.

The book, Renegade, about Barack's unlikely run for the presidency, recounts a tense period in 2000 when the Obamas' marriage was on the verge of collapse because of his restless political hunger and the family's shattered finances. “There was little conversation and even less romance.She was angry at his selfishness and careerism,he thought she was cold and ungrateful,” Richard Wolffe wrote in his book.

At the time, Barack was stuck on the lowest step of the political ladder.As a mere state senator in Illinois, he had challenged a popular incumbent in a Democratic primary by running against Bobby Rush from Chicago.He was trounced by a dismal 2-1 margin.

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posted by PressMart Team at 9:26 AM 0 Comments

Thursday, April 9, 2009

United States says India critical to Afghanistan solution

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A day after Pakistan pointed to the “gap” with the United States in tackling terror, Richard Holbrooke, America’s special envoy said the Afghanistan situation can’t be settled without India’s full involvement.

Holbrooke, tasked by President Barack Obama to engineer a “regional solution” to the Afghanistan-Pakistan, or Af-Pak, region, told the press that India and the US had the same goals, but little coordination in Afghanistan.

Speaking in the presence of America’s top military official, Mike Mullen, he insisted on Wednesday that they were not visiting the region to negotiate between India and Pakistan.

“We didn’t come here to ask India to do anything. We did not come here with requests,” Holbrooke said, stressing that his mission was to “inform and consult” with Indian officials.

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posted by PressMart Team at 10:36 AM 2 Comments

Wednesday, April 1, 2009

Indian in United States kills own kids, relatives and himself

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An Indian engineer killed two of his children and three other relatives, including a toddler, before turning the gun on himself in a shooting rampage in Santa Clara, a town in Silicon Valley.

The shooting took place on Monday (IST). The lone survivor in the shooting was engineer Devraj’s wife Aabha, who escaped with multiple gunshot wounds and collapsed in a pool of blood outside her home, police said. They said a neighbour called 911 to report an injured woman outside a house.

Police arrived to find five bodies in the house, all shot dead. Devraj was dead with a self-inflicted gunshot wound, local media reports said.

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posted by PressMart Team at 10:28 AM 0 Comments

Thursday, March 19, 2009

United States may expand its covert war in Pakistan

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US President Barack Obama and his national security advisers are considering expanding the American covert war in Pakistan beyond the unruly tribal areas, to strike at a different centre of Taliban power in Baluchistan, where top Taliban leaders are orchestrating attacks into southern Afghanistan.

According to senior US administration officials, two high-level reports on Pakistan and Afghanistan have called for broadening the target area to a major sanctuary in and around Quetta. Mullah Muhammad Omar, who led the Taliban government that was ousted in the 2001 US-led invasion, has operated out of the region for years.

The missile strikes being carried out by Central Intelligence Agency-operated drones have never extended into Baluchistan, a sprawling province under the authority of the central government,

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posted by PressMart Team at 10:44 AM 0 Comments

Tuesday, February 17, 2009

'Taliban a common threat to India, Pakistan, United States'

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India, Pakistan and the United States face a common threat for the first time ever in the Taliban, US special representative Richard Holbrooke said in Delhi as he wound up a fact-finding trip to the region.

"For the first time in 60 years, your country, Pakistan and the US all face an enemy that poses direct threats to our leaderships, our capitals and our people," he said after meeting Pranab Mukherjee.

"I do want to underscore the fact that what happened in Swat demonstrates a key point and that is that India, US and Pakistan all have a common threat now."

In a meeting at the US ambassador's residence, Holbrooke wanted to know what India would do in case it faced another Mumbai-style attack.

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posted by PressMart Team at 10:36 AM 0 Comments

Wednesday, December 10, 2008

Pakistan cracle down

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ARE PAKISTAN'S anti-terror steps for real? Or will it be another case of one step forward, two steps back? Those are the questions being asked in India and the United States as Pakistan "confined" Jaish-eMuhammad chief Masood Azhar to his Bahawalpur house on Monday Azhar's "detention", reported by The News and confirmed by Pakistan's Defence Minister Ahmed Mukhtar on Tuesday, came a day after Lashkar-e-Tayyeba's chief commander Zaki-ur-Rehman Lakhvi was arrested. However, Bahawalpur police officialAzhar Hameed Khokhar told Aaj TV on Tuesday that Azhar's movements had not been restricted. Mukhtar told CNN-IBN that India "may be allowed" to interrogate those detained by Islamabad.

Pakistan's army under relentless pressure from the US and India, has only said this is an "intelligence-led operation against banned militant outfits and organisations". "There have been arrest(s) and investigations are on. Further details will be available on completion of preliminary inquiries," the Pakistani military said in a statement. No Pakistani official went on record to say that the "arrests" were in connection with the 26/11 Mumbai strikes. In the past, Pakistan has detained top terrorists such as Azhar, wanted for the December 2001 Parliament attack, only to release them to carry on with their activities.

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posted by PressMart Team at 11:58 AM 0 Comments

Tuesday, October 7, 2008

Booster Shot

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Fears of the United States-led financial crisis cascading to other countries, particularly Europe, combined with apprehensions that the $700 billion bailout package, history's biggest, may not be enough, turned markets on both sides of the sub-continent in spots of red.

Long before the Indian markets opened and long after the benchmark BSE Sensex fell 725 points or 5.8 per cent, markets from Australia and Asia to Europe and the Americas thudded to touch new bottoms.

As the Sensex closed below 12,000 to touch a two-year low, the Dow in the US fell 4.1 per cent, reeling below the 10,000 mark, after four years.

In a surprise move to bring some liquidity into the Indian banking system, Reserve Bank of India (RBI) announced a 50 basis point (100 basis points make 1 percentage point) cut in its cash reserve ratio (CRR) to 8.5 per cent.

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Tuesday, September 23, 2008

Nuclear deal suspense grows, Prime Minister in United States

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Indian officials accompanying Prime Minister Manmohan Singh on his visit to the United States are nervous about the outcome of US Congressional vote on the agreement.

“We have to see in what form the Congress accepts the agreement,” a prime ministerial aide said.

On Tuesday, the US Congress’s business committee is likely to finalise a schedule for voting on the 123 agreement and other possible resolutions that could be riders to the agreement.

Some of these resolutions could throw up prescriptions politically unpalatable in India, particularly on the country’s right to conduct a nuclear test in future.

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posted by PressMart Team at 9:42 AM 0 Comments

Saturday, September 6, 2008

Obama: Pakistan using United States aid against India

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US Presidential candidate Barack Obama has said that Pakistan was using American aid to fight the war on terror for "preparing for a war against India".

The Democratic nominee said the US was providing Pakistan military aid "without having enough strings attached". "They're (Pakistan) using the military aid... Pakistan... They're preparing for a war against India," he told Fox News.

Obama vowed to hold Islamabad accountable for the massive military aid it has received from Washington if he is elected to the White House.

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posted by PressMart Team at 9:52 AM 0 Comments