RBI’s credibility loss: It’s wrong to blame Subbarao alone; UPA...
The mid-year economic review of the Narendra Modi government has made some strong-worded, direct observations against former RBI governor D Subbarao saying the monetary policy lost credibility in the economy during his stint at the central bank. “For nearly six years (2007 third quarter to 2013... read more »
Syria claims downing of Israeli spy drone
The Syrian army has claimed it shot down an Israeli reconnaissance drone flying near the occupied Golan Heights, state media said today. “A military source announced last night that an Israeli unmanned Skylark-1 model drone had been shot down in Quneitra province, close to the village of... read more »
Obama says Sony hack not an act of war
U.S. President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism. Washington’s longstanding dispute with North Korea, which for years has centered... read more »
China condemns Sony cyberattack, but doesn’t mention N Korea
China has said it opposes all forms of cyberattacks, but it stopped short of directly condemning the hacking of Sony Pictures, or of responding to US calls for action against North Korea, blamed by Washington for the assault. Chinese Foreign Minister Wang Yi “reaffirmed China’s relevant... read more »
