India joins Montreal Convention on compensating air passengersNEW DELHI - India has become the 91st member of the Montreal Convention on Civil Aviation that imposes strict penalties on carriers for the death of passengers due to negligence and fixes higher insurance premium towards air disasters. Flooded Brazilians camp out in cow stables as homeless count nears 300,000BACABAL, Brazil — Brazilians huddled in cow pens converted into emergency shelters Friday, as swollen rivers continue to rise and northern Brazil’s worst floods in decades boosted the number of homeless to nearly 300,000. The death toll rose to 39, and coffins started popping out of the soaked earth. Allstate posts 1st-qtr loss as investment income falls, insurance policies in force declineNEW YORK — Allstate Corp. on Thursday posted a big loss for the first quarter, reversing a year-ago profit, citing falling investment income and a lower number of insurance policies in force. UN demands Israel compensation for strikes on Gaza facilities, accuses government of lyingUNITED NATIONS — A U.N. investigation on Tuesday accused Israel of spreading false statements about its attacks on United Nations schools and other facilities during the Gaza military campaign — including one reported to have killed more than 40 people — and formally demanded compensation. High-level committees to look at ex-servicemen’s ‘One Rank, One Pension’ demandNEW DELHI - Heeding the long held demand of retired defence personnel, the Government has constituted two high-level committees to look into the various issues concerning ‘One Rank, One Pension’ of ex-servicemen. Swiss bank UBS fights to keep names of account holders suspected of dodging US taxes a secretMIAMI — Swiss banking giant UBS AG said turning over to the IRS the names of thousands of wealthy Americans who might be withholding billions in income from U.S. taxes would violate Swiss law and undermine international relations, according to a court brief filed Thursday. Alabama captain: Protect ships from piracy by arming top officers, adding more gov’t helpWASHINGTON — The planet’s shipping fleet should be protected from deadly pirates by arming senior crew members, or not — depending on who was speaking Thursday to the Senate Foreign Relations Committee: Maersk Alabama Capt. Richard Phillips or his boss, Maersk Inc. Chairman John P. Clancey. Supreme Court: Accidental and intentional shootings during crime should bring same penaltyWASHINGTON — The Supreme Court says accidentally shooting a gun during the commission of a crime should bring the same penalties as intentionally using a firearm. Italian cruise ship fends off pirate attack with gunfire off coast of SomaliaNAIROBI, Kenya — The small white skiff approached the Italian cruise ship Melody after dinnertime as it sailed north of the Seychelles, the pirates firing wildly toward the 1,500 passengers and crew on board. Home swaps: A tempting idea in a recession, but what are the risks?NEW YORK — It’s an alluring vacation idea in a recession: To beat pricey hotel rates, you swap homes with a family in the city you want to visit. Ajay Makan, Vijender Gupta and Jagdish Mukhi file nominationsNEW DELHI - Political heavyweights from Delhi such as Congress candidate from New Delhi constituency Ajay Makan, Bharatiya Janata Party (BJP) candidate Vijender Gupta and former Delhi minister Jagdish Mukhi filed their nominations Friday for the Lok Sabha polls. Teenager sues sperm bank for father’s ‘defective’ spermNEW YORK - Whom to blame if the sperm from a sperm bank leads to complications in children? An American teenager, who was born with a genetic disorder called X syndrome causing mental impairment, has filed a suit against the sperm bank that her mother used to conceive her. Chicago Sun-Times files for bankruptcyNEW YORK - The Sun-Times Media Group Inc, owner of the Chicago Sun Times and more than 50 other US newspapers, filed for bankruptcy protection Tuesday as it became the latest casualty of the advertising slump that is wreaking havoc throughout the newspaper industry. India-US nuclear deal would open doors for new technologyWASHINGTON - With both US and India determined to go forward with their landmark civil nuclear deal, doors may soon open for new technology for New Delhi and an estimated $100 billion in trade for American firms. N-deal on track; US, India determined to go forwardWASHINGTON - The landmark India-US civil nuclear deal is on track with both sides determined to go forward with an initiative that has raised their relationship to a new level. China passes new food safety lawBEIJING - China’s top legislature Saturday approved a new food safety law, promising stern action against makers of tainted food products in the wake of scandals that have fuelled demands for overhauling the country’s ineffective food monitoring system. Pranab Mukherjee: jack of all trades - except one (Comment)Even as Pranab Mukherjee acknowledged with folded hands and a shy smile L.K. Advani’s lavish praise for him in parliament, both he and members on both sides of the house knew that the Bharatiya Janata Party (BJP) leader was right in saying that without the external affairs minister, who is now also India’s finance minister, at the helm, the government might have found it difficult to function during Manmohan Singh’s hospitalization and recuperation. Jaipur FIR against me is flimsy and vindictive: Lalit ModiNEW DELHI/JAIPUR - Lalit Modi, the chairman of the Indian Premier League (IPL), Sunday refuted the allegation of misappropriation of funds made by a non-governmental organisation (NGO), calling it ‘meaningless’ and ‘flimsy’. LIC policyholders likely to see their bonuses diminishCHENNAI - Life Insurance Corp of India (LIC) policyholders have to brace up for a cut in bonuses as the insurer’s surplus could take a hit of around Rs.80 billion (Rs.8,000 crore/$1.60 billion) if the Indian government hikes its share in the surplus to 10 percent. India requires Rs.1.5 trillion for meeting nuclear power targetsNEW DELHI - India will have to invest Rs.1.5 trillion in nuclear power plants if it is to meet an ambitious target of generating 63,000 mega watts (MW) from nuclear power by the year 2020, a leading parliamentarian said Monday. China’s tainted milk companies to compensate victimsBEIJING - Victims of contaminated milk in China would get compensation from the dairy firms involved in the scandal, China’s Dairy Industry Association announced here Saturday. |