'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'

The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.

The most common complaint of financial consumers is cumbersome processes, complicated products, usurious charges, and mis-selling of products, which finally don't deliver what is promised or as expect, notes Debashis Basu.

The decision assumes significance in the wake of a scam in the PMC Bank affecting lakhs of customers who are facing difficulties in withdrawing their money due to restrictions imposed by the Reserve Bank of India.

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.

Its 'failure not just affects the military's effectiveness but could also be politically vulnerable for the BJP,' observes Ajai Shukla.

In a letter sent to Chairman and Ranking Member of the House Committee on Oversight and Government Reforms, 54 lawmakers wrote, "We cannot ignore the multitude of women who have come forward with accusations against Mr Trump. With that said, the President should be allowed to present evidence in his own defence."

'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'

"My son is a high-quality person and I applaud his transparency," Trump said.

Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks

The Bill suggests an insolvency regulator.

Two senior United States Secret Service agents are being investigated over allegations that they crashed a government car into White House security barricades under the influence of alcohol, a media report said.

Many from this small lender have made it to other bank boards over the past 5 years

The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.

The issue of denial of visa to Gujarat Chief Minister Narendra Modi was fiercely debated by a key Congressional committee, with an influential Republican party lawmaker questioning the decision of the US government.

Parliament is essential to the success of Indian democracy and the citizenry should be in the forefront of demanding reforms which help improve and strengthen Parliamentary democracy, says Rohit Pradhan.

America's Federal Bureau of Investigation has started inquiry into allegations that media mogul Rupert Murdoch's News Corp tried to hack into the phones of 9/11 terror attack victims, media reports have said.

The US, he said, is working in the G-20 to help build consensus on long-term reforms that will provide the foundation for a more balanced, more stable global economy.

The law will check taxpayers' money from being used to pay for the financial mismanagement of institutions.

The central government plans to usher in second generation legal reforms that would eliminate litigation delays sharply in India. It would also like to put in place a legal regulatory regime and an oversight mechanism for the smooth functioning of the judiciary without infringing on the independence of the institution.

The Secure Federal File Sharing Act, introduced as a way to protect government information critical to citizens' privacy or America's national security, prohibits government employees and government contractors from installing dangerous file-sharing software on their government computers, a media release said.

Car recalls have now become the flavour of the season, a byproduct of the booming auto business.

This is not a new or unknown problem, but every time it crops up, our policy-makers have tried to wish it away. In the present circumstances too, the government has stopgap arrangements. It is borrowing from the World Bank (that's window-dressing fiscal deficit), says Ajit Ranade.

Congressman Gary Ackerman, New York Democrat, and a senior member of the House Foreign Affairs Committee, who last week slammed the Congressional passage of the massive economic and military largesse to Pakistan to the tune of $1.5 billion annually over five years, as the House dutifully fell in line with the Kerry-Lugar bill passed by the Senate last week tripling the aid to Islamabad, has denounced the Pakistani military's hostility to this aid because it contains some cond

Finance Minister Pranab Mukherjee presented the Budget for 2009-10 on July 6. Following is the Budget Speech of Finance Minister Pranab Mukherjee:

The payment of $1,90,000 to a high-profile lobbyist firm in Washington, BGR Holding, was made by RIL in the first quarter of 2009, and is the first instance of any lobbying by the Indian company with the US lawmakers.

Asking India's Reliance Industries and other energy firms doing trade with Iran to choose either Tehran or Washington, US Senators have moved a bill aimed at penalising such companies.

United States President Barack Obama has ended years of 'veto power' wielded by Pakistan in Afghanistan over India's active involvement in the country post-Taliban, a US expert on South Asia has said. Because of Pakistan's stiff resistance and opposition to involve India in any way in Afghanistan that the Bush administration was literally prevented to take any move to include New Delhi as part of its regional strategy on Afghanistan, said Deepa Ollapally.

External Affairs Minister Pranab Mukherjee, who is also managing the finance ministry, presented the Interim Budget for 2009-10 in Parliament on Monday. Following is the text of the entire Budget Speech:

Reform will be a priority with the new Congress. But where to start?

California representative Lantos was one of the key members of the Congress who were instrumental in getting the Henry J Hyde Act pertaining to the civilian nuclear initiative between India and the United States passed in 2006.

Boucher said the Bush administration was satisfied with investigations carried out by Pakistani authorities along with the Scotland Yard.

Lantos was one of the critical law makers involved in the passage of the Henry Hyde Act of 2006 on the Indo-US nuclear deal. A strong supporter of India, he had made no bones of his displeasure on New Delhi's relations with Iran.

Appearing before a Congressional hearing, Assistant Secretary of State for South and Central Asia Richard Boucher was asked if Khan had been questioned by US intelligence officials.

His mentor may go up against Jindal.

Post-Moily, the debate is about how the IIMs' quality is likely to suffer. Yet, good US B-schools have a lot more students and a lot better research.

The CIA director, who will soon be leaving the agency, has pointed out its successes.