The Great Debate (India)
Prime Minister Manmohan Singh has been criticised by the Supreme Court over why he failed to probe what could potentially emerge as the country’s biggest corruption scam.
The telecoms scandal is the biggest challenge to Singh, 78, since he became prime minister in 2004, and how the next few days unfold will be key to his political survival.
Telecoms Minister Andimuthu Raja was sacked last week after months of pressure from the opposition and Indian media.
The Supreme Court publicly criticised Singh for “alleged inaction” in taking 16 months to decide if Raja should be charged and investigated, a blow to the image of a prime minister seen as one of the country’s most honest politicians.
Attorney General G.E. Vahanvati will defend the prime minister in person at the Supreme Court on Tuesday, and he is expected to say Singh followed correct procedure.
India’s Information and Broadcasting Ministry has directed television channels to move two controversial reality shows to the late-night slot, saying the programmes were not suitable for universal viewing.
Media reports say that “Bigg Boss”, which airs on Colors and “Rakhi Ka Insaaf”, telecast on Imagine, can now be aired only after 11 p.m.
The Pakistan spot-fixing scandal has once again shone the spotlight on illegal betting in the sub-continent and reopened the debate on the legalisation of gambling in India.
Media reports suggest the Indian sports ministry is now examining gambling regulations in other countries, particularly the UK, in a possible move towards legalising sports gambling.
Oscar winning Indian composer A.R. Rahman on Saturday launched the theme song for Commonwealth Games 2010, which will be held in Delhi October 3-14.
Click here for full coverage of the Games.
Rahman, who performed the song titled “Jiyo, Utho, Bado, Jeeto” to a cheering crowd, said he hoped “people like it and it becomes the spirit of whole Commonwealth Games.”
Arjun Atwal became the first Indian and just the sixth Asian-born player to win on the PGA Tour when he secured a one-stroke victory at the Wyndham Championship.
The 37-year-old, who now lives in Florida, sank a pressure-packed seven-foot par putt at the final hole to edge American David Toms at Sedgefield.
from Global Investing:
Given the ubiquity of BRICs and PIGS, it seems everyone else in the financial and business world is attempting to conjure up catchy acronyms to group economies with similar traits. All with varying degrees of success.
HSBC chief Michael Geogehan has been championing 'CIVETS' to describe Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa as the next tier of developing economies poised for spectacular growth.