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Poll India: 2004

Comrade Surjeet: Congress to lead coalition - leadership issue later
New Delhi: The Congress president Sonia Gandhi had an hour-long interaction with the veteran Marxist leader Harkishan Singh Surjeet. Surjeet commented that he favoured a Congress-led coalition but that the leadership issue should be taken up at a later stage.

AP muddle drives BJP into a huddle
New Delhi: The top brass of the BJP met at Prime Minister Atal Bihari Vajpayee's residence on Tuesday night to discuss the political situation. Andhra Pradesh sends 42 members to the Lok Sabha and Tuesday's results do not bode well for the ruling coalition, coming as they do, just two days before counting for the Lok Sabha begins.

President starts meeting the pundits
New Delhi: The President, A.P.J. Abdul Kalam has begun consultations with constitutional experts in anticipation of a hung Lok Sabha. The President is believed to have had discussions with former Attorney-General K. Parasaran.
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OECD: Outsourcing controversy may weaken soon
New Delhi: In its biannual world economic outlook, released in Paris today, the inter-Governmental think tank of 30 rich industrial countries said that with the slump of business investment now well over, the world economy is experiencing a strong and sustainable recovery. Asia remains buoyant with China close to overheating and Japan enjoying a much stronger and broader recovery than expected.

It is optimistic that "controversies about the negative role of job off shoring should subside and take a less emotional turn as the spectre of a persistently jobless recovery recedes" in the rich world. While become broader-based, the world economic recovery should also benefit from continued price stability, OECD said, adding that despite recent increases in oil and commodity prices, inflationary pressures should remain relatively subdued over the next few quarters against the backdrop of the substantial economic slack that remains in many OECD regions.
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Dhanraj is in - and Gill will be out
New Delhi: The Indian Hockey Federation has announced that Dhanraj Pillay will be part of the Indian camp in Germany later this month. The camp will be a preparation for the 4-nations event in Holland, India's last major outing before the Athens Olympics in August. Baljeet Singh Dhillon has also been included. IHF president KPS Gill has also said that he will not stand for another term as President in 2006.
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domain-B : Indian business : News Review : 12 May 2004 : general