Month: January 2013

  • John Kerry vows to strengthen ‘critical’ China ties

    John Kerry vows to strengthen ‘critical’ China ties

    WASHINGTON (TIP): Senator John Kerry, on track to be America’s next secretary of state, told US lawmakers on Thursday that he would work to boost ties with China, but warned of a “long slog” ahead. Kerry told his Senate confirmation hearing that he wanted to “grow the rebalance” towards Beijing “because it is critical to us to strengthen our relationship in China.” Washington would continue the so-called pivot — begun during the first term of President Barack Obama — towards Asia and in particular China, Kerry told the Senate Foreign Relations committee, though he added that America was not “turning away from anywhere else.” Kerry said that while the United States and China would remain economic “competitors,” the two nations “shouldn’t be viewed as adversaries in some way that diminishes our ability to cooperate on a number of things.” “China is, you know, the other sort of significant economy in the world and obviously has a voracious appetite for resources around the world, and we need to establish rules of the road that work for everybody,” Kerry said.

    He acknowledged the difficulty of issues such as intellectual property rights, and China’s propping up of its currency, the yuan. But he stressed there were areas where the two economic superpowers could work together. “China is cooperating with us now on Iran.

    I think there might be more we could perhaps do with respect to North Korea,” the veteran senator said. It could be more we could do in other parts of the Far East. And hopefully we can build those relationships that will further that transformation.

    We make progress. It’s incremental… It’s a tough slog.” Another area where the two nations could perhaps come together might be on climate change, Kerry added. Earlier in the hearing he had vowed to be “a passionate advocate” on the subject of working to battle global warming. “China is soon going to have double the emissions of the United States of America.

    So we’ve got to get these folks as part of this unified effort, and I intend to work very, very hard at trying to do that,” Kerry said.

    But he appeared to rule out any move towards increasing again the US military force in the Asia-Pacific region. “I’m not convinced that increased military rampup is critical yet,” Kerry said, adding that if confirmed he wanted to “dig into this a little deeper” and try a thoughtful approach. “We have a lot more bases out there than any other nation in the world, including China today,” he argued, saying the Chinese must be wondering “What’s the United States doing? They trying to circle us? What’s going on?”

  • Rupee Down 11 Paise vs Dollar In Early Trade

    Rupee Down 11 Paise vs Dollar In Early Trade

    MUMBAI (TIP): The rupee today fell by 11 paise to 53.78 against the dollar in early trade at the Interbank Foreign Exchange due to fresh demand for the US currency from importers and some banks. Forex dealers said euro’s weakness against the dollar overseas also put pressure on the rupee. The rupee had gained 14 paise to end at 53.67 yesterday on consistent foreign fund inflows in local stocks amid fresh dollar selling by exporters and sustained weakness in the American currency overseas.

  • Flight Tickets To Get Cheaper, SC Stops Transaction Fee

    Flight Tickets To Get Cheaper, SC Stops Transaction Fee

    NEW DELHI (TIP): Flight tickets booked online or through agents will soon get cheaper as the Supreme Court on Wednesday restrained them from charging transaction fee ranging between Rs 200 and Rs 350 per passengers. A bench comprising Justices D K Jain and Madan B Lokur ordered implementation of a circular issued by the Director General of Civil Aviation (DGCA) on December 17, 2012, abolishing collection of transaction fee. The order came on a petition filed by one T G N Kumar who had challenged the levying of user development fee by airlines from passengers. The bench said henceforth, no airline would charge transaction fee in any form. The bench also found it strange that the base fare for airlines for flights having identical origin and destination points varied considerably and directed the DGCA to examine the issue.

    It also asked the government to investigate whether the airlines had adopted an unfair practice. DGCA had informed the Court that under Section 135 of the Aircraft Rules, airlines were allowed to make reasonable profits. This meant that the variation in ticket price could only be with regard to profit component with other components such as base fare, taxes, passenger service fare, airport development fare, and user development fare, etc remaining constant. In case the airlines altered with the above contents, it was open to the DGCA to carry out prosecution under Schedule VI of the Rules.

  • Us Stands With You, Clinton Assures India

    Us Stands With You, Clinton Assures India

    WASHINGTON (TIP): Greeting the people of India on its Republic Day, US Secretary of State Hillary Clinton has said the US-India strategic partnership is making the world more united, prosperous, and secure. “Together we are strengthening our ties and working to address some of the most difficult global challenges,” she said in a Republic day message holding out an assurance “that the United States stands with you.” Noting that the United States and India share an unwavering commitment to democratic government, Clinton said: “Our shared values are the foundation for the innovative, entrepreneurial drive that is allowing more and more of our 1.5 billion people to realize their potential.” “My three trips to India as Secretary of State reinforced my unyielding belief that the US-India strategic partnership is making the world more united, prosperous, and secure,” said America’s top diplomat considered a prime mover of stronger India-US ties. “Together we are strengthening our ties and working to address some of the most difficult global challenges,” she said.

    Here is the full text of the message:
    “On behalf of President Obama and the people of the United States, I am delighted to send my best wishes to the people and government of India as you celebrate your 64th Republic Day this January 26th. ‘The United States and India share an unwavering commitment to democratic government. Our shared values are the foundation for the innovative, entrepreneurial drive that is allowing more and more of our 1.5 billion people to realize their potential. ‘My three trips to India as Secretary of State reinforced my unyielding belief that the US-India strategic partnership is making the world more united, prosperous, and secure. Together we are strengthening our ties and working to address some of the most difficult global challenges. ‘As you celebrate this special day, know that the United States stands with you. Best wishes for a year filled with peace and prosperity.’

  • Cooling Down Of Universe Follows Big Bang Theory

    Cooling Down Of Universe Follows Big Bang Theory

    MELBOURNE (TIP): Astronomers have made the most precise measurement ever of how the universe has cooled down during its 13.77 billion year history just as predicted in Big Bang theory. They studied molecules in clouds of gas in a galaxy 7.2 billion light years away — so far that its light has taken half the age of the universe to reach us. Using the Australia Telescope Compact Array, a team from Sweden, France, Germany and Australia has measured how warm the Universe was when it was half its current age. “This is the most precise measurement ever made of how the Universe has cooled down during its 13.77 billion year history,” said Robert Braun, chief scientist at CSIRO Astronomy and Space Science in a statement.

    Because light takes time to travel, when we look out into space we see the Universe as it was in the past — as it was when light left the galaxies we are looking at. So to look back half-way into the Universe’s history, we need to look halfway across the Universe. The astronomers studied gas in an unnamed galaxy 7.2 billion light-years away. The only thing keeping this gas warm is the cosmic background radiation — the glow left over from the Big Bang. By chance, there is another powerful galaxy, a quasar called PKS 1830-211 , lying behind the unnamed galaxy

  • North Korea says plans nuclear test aimed at US

    North Korea says plans nuclear test aimed at US

    SEOUL (TIP): North Korea said Thursday it planned to carry out a nuclear test and more rocket launches aimed at its “arch-enemy” the United States in response to tightened UN sanctions, but offered no timeframe. “We do not hide that the various satellites and long-range rockets we will continue to launch, as well as the high-level nuclear test we will proceed with, are aimed at our arch-enemy the United States,” the National Defence Commission said.The mention of the test, which would mark the North’s third detonation of a nuclear device, came towards the end of a commission statement carried by the official Korean Central News Agency.

    The statement was entitled: “Enter all-out confrontation to safeguard the sovereignty of the nation and people.” It gave no indication of when the test might be carried out, or explain the meaning of “high-level”. The North’s two previous nuclear tests were held in 2006 and 2009.

    Much of the statement was devoted to condemning Tuesday’s announcement by the UN Security Council of expanded sanctions against Pyongyang in response to its long-range rocket launch last month. “We absolutely refute all the illegal and outlawed resolutions adopted by the Security Council,” the commission said.

    Tuesday’s resolution, proposed by the United States, was adopted unanimously by the 15-nation council, including the North’s sole major ally China. North Korea’s foreign ministry had denounced the move on Wednesday, when it also gave the first hint that Pyongyang would react with a nuclear test, saying the country would take “physical actions” to boost its nuclear deterrent.

    South Korea’s Yonhap news agency, citing a South Korean intelligence source, reported that Pyongyang had finished technical preparations and could conduct an atomic test within days of a decision by leader Kim Jong-Un. Last month, a US think-tank reached a similar conclusion based on satellite photos, suggesting the North had repaired rain damage at its nuclear test site and could conduct a detonation at two weeks’ notice.

    China, which had sought to shield North Korea from harsher sanctions sought by the United States and its allies, appealed on Wednesday for restraint and diplomatic efforts to avoid a dangerous escalation of tensions. “The DPRK’s (North Korea’s) satellite launch as well as speculation of a nuclear test highlight the urgency and importance of settling relevant issues on the Korean peninsula,” foreign ministry spokesman Hong Lei told reporters.

  • Minerals From Asteroids To Fuel Future Spacecraft?

    Minerals From Asteroids To Fuel Future Spacecraft?

    WASHINGTON (TIP): A US company plans to mine asteroids for metals, useful ores and minerals as they hurtle past the Earth using the first rockprospecting spacecraft by 2015. Deep Space Industries says it wants to start sending miniature scout probes, dubbed “Fireflies” , on one-way missions to near-Earth asteroids as soon as 2015. Company CEO David Gump said larger probes , “Dragonflies” , that will bring back 50- to 100-pound samples from prospective targets could be on their way by 2016, CNN reported. The goal is to extract metals, water and compounds that can be used to make spacecraft fuel from the chunks of rock that float within about 50 million kilometres of Earth.

    Gump said the ability to produce fuel in space would be a boon for Nasa, as the space agency shifts its focus toward exploring deeper into the solar system. As much as 90% of the weight of a prospective months-long Mars mission could be fuel — and it costs between $5,000 and $10,000 per pound to put anything into space. “If Nasa can launch just the hardware and tank up in orbit, where the fuel is cheap, that means we could get to the Red Planet a lot sooner than we currently expect,” Gump said. It could also allow commercial satellite companies to extend the life of hardware that’s now written off when fuel for manoeuvring thrusters runs out. The announcement comes nine months after the unveiling of a similar project by Planetary Resources , a company backed by investors such as filmmaker James Cameron and Google executives Larry Page and Eric Schmidt.

    Meteorite may hold evidence of ‘alien life’
    Alump of rock which crash-landed on Earth in a meteorite shower may hold evidence of ‘alien life’ within it, a UK scientist has claimed. The twoinch wide lump of space rock, that fell in Sri Lanka in December, is pitted with microscopic seaweed fossils similar to those found on Earth, said Chandra Wickramasinghe, a former head of Cardiff University’s Centre for Astrobiology who is also known for his controversial theories that life on Earth ‘seeded’ from the outer space. “Our provisional assessment is that it was part of a comet. The stones look extremely unusual, and have a porous structure, with a lower density than anything we have on Earth,” he said.

  • Hindu religious leader jailed in US for visa fraud

    Hindu religious leader jailed in US for visa fraud

    WASHINGTON (TIP): A Hindu leader from India, who had established a temple in Milwaukee city of the US state of Wisconsin, has been jailed for 37 months for religious visa fraud and would be deported to his native country after serving his sentence. A Milwaukee court gave its sentencing order after it found Sagarsen Haldar, aka Gopal Hari Das, who is the founder, president, CEO and spiritual leader of Gaudiya Vaisnava Society (GVS), guilty of fraudulently obtaining religious worker visas – known as ‘R-1’ visas – for Indian nationals in exchange for substantial cash payments. 32-year-old Haldar would be deported to India after serving his sentence.

    According to evidence at trial, Haldar conspired to sponsor more than two dozen Indian nationals to enter the US under R-1 visas. Typically, the R-1 applications falsely stated that the individuals were religious workers from India who planned to be priests and perform religious work at the GVS temple in Milwaukee, the court was told.

    In fact, the Indian nationals had no religious training or experience, and they had no intention of being priests or performing religious work once they arrived in the United States, it was told. Haldar was charged in June 2010 after Homeland Security Investigation (HSI) special agents arrested him at O’Hare International Airport in Chicago as he arrived in the United States from India.

    A search of Haldar’s luggage revealed that he was transporting identification documents – including passports and other Indian identification documents – bearing the names and photographs of other Indian nationals. The investigation into Haldar was initiated in June 2008 after HSI received information from US Citizenship and Immigration Service’s (USCIS) Benefit Fraud Unit that GVS had filed numerous petitions for R-1 religious workers from India.

  • Digital Storage: Shakespeare’s Sonnets Encoded In Dna

    Digital Storage: Shakespeare’s Sonnets Encoded In Dna

    LONDON (TIP): A genetic storage device has been used to ‘download’ all 154 of Shakespeare’s sonnets on to strands of synthetic DNA, in a breakthrough which could solve the problem of storing the ever-growing mountain of data. Scientists were able to decode the information and reproduce the words of the Bard with complete accuracy. The new method by researchers at the EMBLEuropean Bioinformatics Institute (EMBL-EBI ), published in the journal Nature, makes it possible to store at least 100 million hours of high-definition video in about a cup of DNA.

    The technique made it possible to store a 26 second excerpt from Martin Luther King’s ‘I Have A Dream’ speech and a photo of the European Molecular Biology Laboratory where the work took place. Researchers were also able to turn a copy of Watson and Crick’s paper describing the nature of DNA into genetic code. There is a lot of digital information in the world — about three zettabytes’ worth (3000 billion billion bytes) — and the constant influx of new digital content poses a real challenge for archivists. Hard disks are expensive and require a constant supply of electricity, while even the best “no-power” archiving materials such as magnetic tape degrade within a decade.

    This is a growing problem in the life sciences, where massive volumes of data — including DNA sequences — make up the fabric of the scientific record. “We already know that DNA is a robust way to store information because we can extract it from bones of woolly mammoths , which date back tens of thousands of years, and make sense of it,” said Nick Goldman of EMBL-EBI . “It’s also incredibly small, dense and does not need any power for storage, so shipping and keeping it is easy,” Goldman said in a statement. Reading DNA is fairly straightforward, but writing it has until now been a major hurdle to making DNA storage a reality . The new method required synthesising DNA from the encoded information which was done by a California-based company.

  • Stress Makes Women Look Oldest At 3.30pm Every Wednesday

    Stress Makes Women Look Oldest At 3.30pm Every Wednesday

    LONDON (TIP): Women look their oldest at 3.30pm every Wednesday because it’s the day when energy levels plummet, work stress is at a peak and the effects of any weekend late nights finally kick in, according to a new study. The research, carried out by the tanning brand, St Tropez, revealed that one in ten women find Wednesday the most stressful day in a typical week. Two thirds experience a “slump in energy levels” midafternoon every Wednesday, the Telegraph reported. This forces a quarter of women to reach for a sugary snack on a bid to boost their mood and energy.

    But the next day, Thursday, is the day they are most likely to have sex, according to the study. Sex gives them a youthful rosy glow, which could explain why women feel so happy on a Friday — the day named as the happiest day by 60% of women. Another reason why women look their eldest mid-week could be a boozy treat at the weekend. Nichola Joss, St Tropez skin expert explained that it can take up to 72 hours for the visible effects of alcohol to show, so the effects of drinking on the weekend may not present themselves until Wednesday afternoon.

  • US researchers tracking flu through Twitter

    US researchers tracking flu through Twitter

    WASHINGTON (TIP): Researchers and computer scientists at Johns Hopkins University have devised a way to track cases of influenza across the United States using the microblogging site Twitter. Twitter is full of tweets about the flu, which has been severe and reached epidemic proportions this year, but it has been difficult to separate tweets about the flu from actual cases. “We wanted to separate hype about the flu from messages from people who truly become ill,” said Mark Dredze, an assistant research professor in Johns Hopkins’ department of computer science, who monitors public health trends by looking at tweets.

    To solve the problem, Dredze and his colleagues developed a screening method based on human languageprocessing technologies that only delivers real-time information on actual flu cases and filters out the rest of the chatter on the public tweets in the United States.

    The researchers at the Baltimore university tested the system by comparing their results with data from the US Centers for Disease Control and Prevention. “In late December,” Dredze said on Thursday, “the news media picked up on the flu epidemic, causing a somewhat spurious rise in the rate produced by our Twitter system.

    But our new algorithm handles this effect much better than other systems, ignoring the spurious spike in tweets.” The scientists, whose research was funded partly by the National Institutes of Health’s Models of Infectious Disease Agent Study, have also produced maps of the United States that show the impact of the flu on each state. Dredze said he hoped the system could be used to track the other illnesses.

  • Raina, Rohit Lead India To Series Triumph

    Raina, Rohit Lead India To Series Triumph

    MOHALI (TIP): As Virat Kohli had promised before the match, the Indian team didn’t leave anything to chance and sealed the one-day series right here with a comprehensive five-wicket win over England. With this win, India have taken an unassailable 3-1 lead in the series, with one match still to play. It was apt that Ravindra Jadeja hit the winning runs on Wednesday, since his allround show throughout the series has helped the team at crucial junctures. India’s 258-run chase was powered by an unbeaten 89 (79 balls; 9×4, 1×6) from Suresh Raina, who was given the Man of the Match award.

    Raina was involved in two fifty-run partnerships, one each with Rohit Sharma (83; 93b, 11×4, 1×6) – playing a new role as opener – and skipper Mahendra Singh Dhoni. The series win will come as some relief for India in home conditions after they lost the Test series to England and an ODI series to Pakistan. India’s chase, though, was far from ideal. In the second erroneous decision of the day, umpire Steve Davis gave Gautam Gambhir out caught behind even though there was a clear gap between bat and ball. England could have had Rohit Sharma too, but Kevin Pietersen couldn’t latch on to a difficult chance at mid-off in the eighth over.

    Virat Kohli (26), after a 52-run partnership with Rohit Sharma, got out tamely, offering a return catch to James Tredwell. The English off-spinner made it four out of four against Yuvraj Singh, having accounted for him in the previous three games too, by trapping the southpaw leg before. At the other end, Rohit Sharma not only completed 2000 one-day runs but went on to score his 13th half-century. Sharma (83) was unlucky to miss out on a century, courtesy a second contentious decision by umpire Steve Davis, who adjudged him LBW though the ball appeared to be missing leg stump. Earlier, Dhoni made sure that his fast bowlers got the best use of a fresh wicket by winning the toss and electing to field. Cook hit Shami Ahmed for three boundaries in the sixth over to break the shackles, but the mounting pressure soon resulted in the wicket of Ian Bell (10), who tried to give Ishant Sharma the charge but only managed to give a skier to Bhuvneshwar Kumar at third man.

    After that Kevin Pietersen and Cook resurrected the England innings, adding 95 runs for the second wicket. Cook brought up his fifty in the 22nd over and went on to score 76 (106 balls; 13×4) but umpire Sudhir Asnani’s error of judgment ended the English skipper’s promising innings. Cook was wrapped on the pads by a quicker delivery from R Ashwin, but the ball had clearly pitched outside leg stump. England slumped to 142/4 by the 37th over but Joe Root, along with Kevin Pietersen, forged a partnership of 78 runs off 56 balls. KP, who had been unusually quiet, suddenly broke loose, hitting Ishant Sharma for 4, 4, and 6 in the 46th over before Ishant uprooted his stumps with a yorker. Root’s unbeaten 57 (45 balls; 8×4, 1×6) gave England the final impetus, but it was not enough.

    ICC ODI Championship
    Team Rating
    India 120
    England 117
    Australia 113
    South Africa 111
    Sri Lanka 110
    Pakistan 107
    West Indies 88
    New Zealand 80
    Bangladesh 78
    Zimbabwe 50
    Ireland 35
    Netherlands 16
    Kenya 11

  • Andhra Pradesh is Leader in IT in India and USA, says Ponnala Lakshmaiah

    Andhra Pradesh is Leader in IT in India and USA, says Ponnala Lakshmaiah

    EDISON, NJ (TIP): The Indian National Overseas Congress (I) along with New Jersey Telugu Community organized and hosted a reception in honor of visiting Information and Technology Minister of Andhra Pradesh Ponnala Lakshmaiah on Jan 19th 2013 from 3:00 PM to 6:00 PM at Royal Albert’s Palace, Edison, New Jersey. The event, attended by about 150 guests, and focused mainly on discussion around IT partnership between US and India. The minister was received by INOC (I) and NJ Community leaders and several others at the venue.

    A moment of silence was observed in honor of Indian soldiers killed on LOC and the recent rape victim in India. The highlight of the event was a speech by Mr. Ponnala who started off praising, lauding and thanking the NRI’s for their contribution to the Indian economy both directly by investment and for acting as ambassadors of the country by spreading good word about the investment opportunities in India.

    Mr. Ponnala stated that the state of Andhra Pradesh continued to be a favorite destination for Industrial investment and the state is consistently growing and received investments to the tune of Rs 29,995 crores (approx.Rs 30 billion) during 2010-2011 fiscal year recording a growth of 67% compared to previous years. Andhra Pradesh is the fourth largest exporter contributing over 15% of the Nation’s IT exports.

    The IT has generated more than 3 lakhs (300,000) jobs through direct employment and another 12 lakhs (1.2 million) jobs supporting the IT industry. As a result, the government gives prime importance to the growth of IT sector and has been the key segment for employment generation in the state. Some of the initiatives taken by the government to promote IT sector include: ITIR in an area of 202 sq. km in and around Hyderabad.

    Electronic Manufacturing Cluster (eCity) in 900 acres, first ever dedicated gaming, animation and Media & Entertainment city in 30 acres (first of its kind in the country), Optical fiber broadband connectivity to rural gram panchayats and providing services thru several egovernance tools/utilities to citizens. The guests had an opportunity to ask questions after the minister’s speech. A question was raised that due to the Telangana issue the state has been losing investments gradually.

    Mr. Ponnala disagreed with the observation and on the contrary, indicated that several new companies have been setup and existing companies have been expanding and this speaks for the 67% growth the state recorded. Another question was raised about the state deficit caused due to the government giving away many subsidies via various programs.

    The minister stated that the state government budget deficit is within allowable FRBM limits during the entire period of congress rule since 2004.

    The event, attended by several prominent IT company owners, community leaders, among them, many Telugu people and was organized by Ram Gadula, Raj Dichpally and sponsored by Global Nest, Inc and Symbioun Technologies, Inc. Mr.Ponnala Lakshmaiah is a senior Congress Minister in the Andhra Pradesh cabinet. He did his education at Oklahoma State University and returned to India in early 80’s to serve in the Public domain. He earlier worked as Irrigation Minister in the Dr.YSR cabinet and helped pave way for irrigating hundreds of thousands of acres of under-cultivated land into today’s bountiful crop-yeilding lands.

    He has been in public life for over 3 decades and is the recipient of “Indira Gandhi Priyadarshini Award’ for outstanding contributions as Minister for Irrigation. He was also recently inducted into the hall of fame at his alumni Oklahoma State University. Mr. Lakshmaiah was visiting the US to attend President Obama’s Inaugural reception.

  • Bank of India CMD to meet US Clients

    Bank of India CMD to meet US Clients

    NEW YORK, NY (TIP): Bank of India Chairperson & Managing Director Mrs. V.R. Iyer, Executive Director Mr. N. Seshadri and General Manager (International) Mr. S.K. Datta, are scheduled to visit New York on January 30th and 31st to meet US clients and attend an Investors’ Meet.

    It will be Mrs. Iyer’s first visit to New York after she took over as CMD of Bank of India on November 5, 2012. Mrs. V. R. Iyer took over as Chairperson & Managing Director of the Bank of India on 5th November, 2012.

    Prior to this assignment, Mrs. Iyer was Executive Director of Central Bank of India from September 01, 2010 till she joined Bank of India. Mrs. Iyer, born on June 1, 1955 is a post-graduate in Commerce with CAIIB. She started her career in Union Bank of India in 1975. In her long career spanning 33 years, has had good stint in branch banking having worked in very large and extra large branches.

    She has extensive exposure in Credit Department, Credit Monitoring Department and has contributed significantly in setting up of Risk Management Department, rolling out CBS, alternate channels and various other e-initiatives. Mrs. Iyer served as Deputy General Manager (Information Technology) during 2006-07 before getting elevated as General Manager in January, 2008 and was holding the portfolios of Information Technology and Risk Management.

    Mrs. Iyer was elevated as Executive Director of Central Bank of India with effect from 1st September, 2010 where she looked after Credit, Treasury, Forex, IT, CBS, Risk Management and Inspection & Audit portfolios. Mr. N. Seshadri took over as Executive Director of Bank of India on 1st November, 2010. Earlier, he was General Manager at the Canara Bank. Born on 30th April, 1953, Mr. Seshadri joined Canara Bank as an officer in 1975. He has held several distinguished positions in the Bank’s hierarchy in a career spanning 35 years. MBA and a certified Associate of the Indian Institute of Bankers, Mr. Seshadri has worked extensively throughout the country and abroad

    About Bank of India in USA

    Bank of India, US Center is having three offices. New York Branch and San Francisco Agency are in operation since December 1978 and December 1977 respectively, whereas Cayman Island branch has been functional since September 1980. In U.S., Bank of India’s activities cover businesses related to Letter of Credit, issuing guarantee and offering advisory services, ECB loans, acquisition finance, trade finance Certificate of Deposit and effecting remittances. New York Branch is the main contributor for the business of the Center.

    The Branch is FDIC insured and offers various services as mentioned earlier. San Francisco Agency pursues trade finance and Wire Transfer as its main line of business. The US Center’s contribution was 6.45% in the total business mix of bank’s global operations. The Business mix increased by 32% in 2011-12, from USD 5.6 bn to USD 7.4 bn. The center contributed to 26% in the total business mix of bank’s foreign operations in the financial year 2011-12.

    FACTORS FOR SUCCESS
    Leveraging the India Advantage
    As is estimated, by 2025, India’s economy is projected to be the third largest in the world. This provides a huge potential for business growth.
    NRI Services The Bank has state of the art technology platform for NRI service and convenience. Funds from USA to India are remitted within one working day. Bank also provides free of cost remittances of funds to any of its branches for making various NRI deposits in India.
    Trade Finance/Credit
    This is the Bank’s major thrust area and contributes substantially to both revenue and profit growth. The bank facilitates trade finance and funds credit needs of India -based businesses both in and outside India.
    Technology
    With implementation of Straight Through Processing software in 2008 at US Center, Bank of India is offering hassle-free state of the art money transfer facilities with competitive charges.
    Strong parental support and strong local management
    Bank of India has a strong customer base in India. Over 106 years old, the Bank has a network of over 4000 branches in India and 50 Offices abroad across all the continents.

    All the branches of the Bank are fully computerized and domestic branches are under Core Banking network.
    Future Plan
    US Center has achieved a business growth of 24% in Customer Deposits and 23% in Advances during the three quarters of December 2012 over March 2012, and this robust growth is expected to continue in the coming years. In fact, American Continent is one of the priority areas for Bank of India. As part of the growth strategy in the Continent, Bank plans to open offices in Canada and Brazil and a Rep Office in New Jersey.
    Leading from the Front
    Bank Of India’s global operations are headed by the Chairperson-cum- Managing Director Smt. V.R. Iyer along with three Executive Directors Mr. N. Seshadri, Mr. M. S. Raghavan and Mr. B. P. Sharma. The US Center is making impressive strides under the able leadership of its Chief Executive Mr. Bhuwanchandra B. Joshi, who has been at the helm of US Center since June, 2012. An amiable person, he is always welcome in business, professional and social circles.

  • Obama Vows To Take America Forward

    Obama Vows To Take America Forward

    WASHINGTON (TIP): The second inauguration of Barack Obama as the 44th President of the United States took place in a private swearing-in ceremony on Sunday, January 20, 2013 in the Blue Room of the White House.

    A public ceremony marking the occasion took place the following day, on Monday, January 21, 2013 at the United States Capitol building. The inauguration marked the beginning of the second term of Barack Obama as President and Joe Biden as Vice President. The inauguration theme was “Faith in America’s Future”, a phrase that draws upon the 150th anniversary of President Abraham Lincoln’s Emancipation Proclamation and the completion of the Capitol dome in 1863. The theme also stresses the “perseverance and unity” of the United States, and echoes the “Forward” theme used in the closing months of Obama’s reelection campaign.

    The inaugural events held in Washington, D.C. from January 19 to 21, 2013 included concerts, a national day of community service on Martin Luther King, Jr. Day, the swearing-in ceremony, luncheon and parade, inaugural balls, and the interfaith inaugural prayer service. The presidential oath was administered to Obama during his swearing-in ceremony on January 20 and 21, 2013 by Chief Justice of the United States John G. Roberts.

    While Beyonce sang the National Anthem at the ceremonial swearing-in for President Barack Obama at the U.S. Capitol during the 57th Presidential Inauguration, it was Richard Blanco, the 44-year-old Madrid-born Cuban-American poet who read his poem “One Today” at the swearing-in ceremony for President Obama. Blanco is only the fifth poet – Robert Frost (1961), Maya Angelou (1993), William Miller (1997) and Elizabeth Alexander (2009) were the previous ones – reading at a presidential inauguration. He is also the first Hispanic as well as the first openly gay one. In his 18 minute speech, Obama tied current issues to founding principles.

    He sought to link the past and future, tying the nation’s founding principles to the challenges confronting his second term in a call for Americans to fulfill the responsibility of citizenship.

    Eschewing poetic language for rhetorical power, Obama cited the accomplishments of the past four years while laying out a progressive agenda for the next four that would tackle thorny issues like gun control, climate change and immigration reform. “We have always understood that when times change, so must we; that fidelity to our founding principles requires new responses to new challenges; that preserving our individual freedoms ultimately requires collective action,” he said. “My fellow Americans, we are made for this moment and we will seize it so long as we seize it together,” he added later.

    Analysts called the speech politically astute and an important expression of new forcefulness by the president as he enters his second term following re-election last November. “It’s a real declaration of conscience, about principles, about what he believes in,” said CNN Senior Political Analyst David Gergen. “He basically said, ‘When I came in the first term, we had all these emergencies, we had these wars. We’ve now started to clear the decks.

    Let’s talk about what’s essential.’” The foundation of the address, and Obama’s vision for the future, were the tenets he quoted from the Declaration of Independence — “that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness.” “Today, we continue a neverending journey, to bridge the meaning of those words with the realities of our time,” Obama said to gathered dignitaries and flag-waving throngs on the National Mall. “For history tells us that while these truths may be self-evident, they have never been self-executing; that while freedom is a gift from God, it must be secured by His people here on Earth.” In particularly pointed references, the president made a forceful call for gay rights that equated the issue with the struggle for women’s rights in the 19th century and civil rights in the 1960s. “We, the people, declare today that the most evident of truths — that all of us are created equal — is the star that guides us still; just as it guided our forebears through Seneca Falls, and Selma, and Stonewall,” Obama said, mentioning landmarks of the women’s, black and gay rights movements. “It is now our generation’s task to carry on what those pioneers began,” he continued, prompting the loudest applause and cheers of his address when he said “our journey is not complete until our wives, our mothers, and daughters can earn a living equal to their efforts.” More cheers came when Obama called for “our gay brothers and sisters” to be treated “like anyone else under the law — for if we are truly created equal, then surely the love we commit to one another must be equal as well.” According to observers, it was the first time a president championed gay marriage in an inaugural address. With further mention of topical issues such as immigration reform and gun control, Obama came to his key point — that adhering to America’s bedrock principles requires taking action on today’s challenges. “Being true to our founding documents does not require us to agree on every contour of life; it does not mean we will all define liberty in exactly the same way, or follow the same precise path to happiness,” he said. “Progress does not compel us to settle centuries-long debates about the role of government for all time — but it does require us to act in our time.” A deep partisan divide in Washington and the country characterized Obama’s first term, with Congress seemingly paralyzed at times and repeated episodes of brinksmanship over debt and spending issues bringing the first-ever downgrade of the U.S. credit rating.

    Acknowledging the political rift, Obama called for leaders and citizens to work for the greater good of the country. “We cannot mistake absolutism for principle, or substitute spectacle for politics, or treat name-calling as reasoned debate,” he said. “We must act, knowing that our work will be imperfect.” At the same time, he made clear he would fight for the central themes of his election campaign. “For we, the people, understand that our country cannot succeed when a shrinking few do very well and a growing many barely make it,” he said.

    While “we must make the hard choices to reduce the cost of health care and the size of our deficit,” he said, “we reject the belief that America must choose between caring for the generation that built this country and investing in the generation that will build its future.” In particular, he defended the need for popular entitlement programs that provide government benefits to senior citizens, the poor and the disabled, saying they were part of the American fabric. “The commitments we make to each other — through Medicare, and Medicaid, and Social Security — these things do not sap our initiative; they strengthen us,” Obama said. “They do not make us a nation of takers; they free us to take the risks that make this country great.” On Monday, Senate Republican leader Mitch McConnell, one of Obama’s harshest critics, called the president’s second term “a fresh start when it comes to dealing with the great challenges of our day; particularly, the transcendent challenge of unsustainable federal spending and debt.” Other issues also appear difficult, if not intractable.

    Obama made a reference to gun control, saying that the nation needed to ensure that “all our children, from the streets of Detroit to the hills of Appalachia to the quiet lanes of Newtown, know that they are cared for, and cherished, and always safe from harm.” However, congressional Republicans and some Democrats, as well as the powerful gun lobby, have rejected proposals Obama recently announced in response to the Connecticut school shootings that killed 20 Newtown first-graders last month.

    In citing climate change as a priority, Obama raised the profile of the issue on the national agenda after a presidential campaign in which it was almost never mentioned. “We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations,” he said, warning of a “long and sometimes difficult” path to sustainable energy sources in a nation dominated by its fossil fuel industries such as oil and coal. “America cannot resist this transition; we must lead it,” Obama said. “We cannot cede to other nations the technology that will power new jobs and new industries — we must claim its promise.” Obama infused his speech with references to two assassinated American icons — President Abraham Lincoln and civil rights leader Martin Luther King Jr. In one passage, Obama cited “blood drawn by lash and blood drawn by sword” in mentioning the Civil War and slavery.

    It mimicked Lincoln’s second inaugural address in 1865, when he spoke of the possibility that “every drop of blood drawn with the lash shall be paid by another drawn the sword.” Of King, Obama referred to those who came to Washington almost 50 years ago “to hear a preacher say that we cannot walk alone; to hear a King proclaim that our individual freedom is inextricably bound to the freedom of every soul on Earth.” The inauguration coincided with the national holiday honoring King.

    The president concluded by urging Americans to fulfill their responsibility as citizens by meeting “the obligation to shape the debates of our time — not only with the votes we cast, but with the voices we lift in defense of our most ancient values and enduring ideals.” At a little more than 2,100 words, Obama’s speech was about 300 shorter than his first inaugural address four years earlier.

    In 2009, he was fresh off his historic election as the nation’s first African- American president, facing an economic recession, wars in Iraq and Afghanistan and the ongoing terrorist threat.

    David Maraniss, author of the book “Barack Obama: The Story,” said the difference from four years ago was palpable, adding: “I could feel his heart beating this time.” The inauguration was attended by approximately a million people.

    Obama Inauguration:
    The Inaugural Poem WASHINGTON (TIP): Inaugural poet Richard Blanco read his poem “One Today” at the swearing-in ceremony for President Obama. Blanco, the 44-year-old Madrid-born Cuban-American poet, is only the fifth poet – Robert Frost (1961), Maya Angelou (1993), William Miller (1997) and Elizabeth Alexander (2009) were the previous ones – reading at a presidential inauguration. He is also the first Hispanic as well as the first openly gay one.
    Here is the Poem
    One sun rose on us today, kindled over our shores,
    peeking over the Smokies, greeting the faces
    of the Great Lakes, spreading a simple truth
    across the Great Plains, then charging across the Rockies.
    One light, waking up rooftops, under each one, a story
    told by our silent gestures moving behind windows.

    My face, your face, millions of faces in morning’s mirrors,
    each one yawning to life, crescendoing into our day:
    pencil-yellow school buses, the rhythm of traffic lights,
    fruit stands: apples, limes, and oranges arrayed like rainbows
    begging our praise. Silver trucks heavy with oil or paperbricks
    or milk, teeming over highways alongside us,
    on our way to clean tables, read ledgers, or save livesto
    teach geometry, or ring-up groceries as my mother did
    for twenty years, so I could write this poem.

    All of us as vital as the one light we move through,
    the same light on blackboards with lessons for the day:
    equations to solve, history to question, or atoms imagined,
    the “I have a dream” we keep dreaming,
    or the impossible vocabulary of sorrow that won’t explain
    the empty desks of twenty children marked absent
    today, and forever. Many prayers, but one light
    breathing color into stained glass windows,
    life into the faces of bronze statues, warmth
    onto the steps of our museums and park benches
    as mothers watch children slide into the day.

    One ground. Our ground, rooting us to every stalk
    of corn, every head of wheat sown by sweat
    and hands, hands gleaning coal or planting windmills
    in deserts and hilltops that keep us warm, hands
    digging trenches, routing pipes and cables, hands
    as worn as my father’s cutting sugarcane
    so my brother and I could have books and shoes.

    The dust of farms and deserts, cities and plains
    mingled by one wind-our breath. Breathe. Hear it
    through the day’s gorgeous din of honking cabs,
    buses launching down avenues, the symphony
    of footsteps, guitars, and screeching subways,
    the unexpected song bird on your clothes line.

    Hear: squeaky playground swings, trains whistling,
    or whispers across café tables, Hear: the doors we open
    for each other all day, saying: hello, shalom,
    buon giorno, howdy, namaste, or buenos días
    in the language my mother taught me-in every language
    spoken into one wind carrying our lives
    without prejudice, as these words break from my lips.

    One sky: since the Appalachians and Sierras claimed
    their majesty, and the Mississippi and Colorado worked
    their way to the sea. Thank the work of our hands:
    weaving steel into bridges, finishing one more report
    for the boss on time, stitching another wound
    or uniform, the first brush stroke on a portrait,
    or the last floor on the Freedom Tower
    jutting into a sky that yields to our resilience.

    One sky, toward which we sometimes lift our eyes
    tired from work: some days guessing at the weather
    of our lives, some days giving thanks for a love
    that loves you back, sometimes praising a mother
    who knew how to give, or forgiving a father
    who couldn’t give what you wanted.

    We head home: through the gloss of rain or weight
    of snow, or the plum blush of dusk, but always-home,
    always under one sky, our sky. And always one moon
    like a silent drum tapping on every rooftop
    and every window, of one country-all of usfacing
    the stars
    hope-a new constellation
    waiting for us to map it,
    waiting for us to name it-together.

  • 26/11 Mumbai Terror Attacks-US Court Sentences David Headley to 35 Years in Jail

    26/11 Mumbai Terror Attacks-US Court Sentences David Headley to 35 Years in Jail

    CHICAGO (TIP): Exactly seven days after his accomplice Tahawwur Rana was sentenced to 14 years in jail, Pakistani- American LeT terrorist David Headley was on Thursday, January 24, sentenced to 35 years in jail by a US court for helping plot the 2008 Mumbai terror attacks but escaped death penalty under a deal with the U.S. investigators over which the judge had serious reservations.

    “The sentence I impose, I’m hopeful it will keep Mr. Headley under lock and key for the rest of his natural life,” US District Judge Harry Leinenweber said. The Judge said it would have been much easier to impose the death penalty. “That’s what you deserve”. 52-year-old Headley had entered into a plea bargain with the US investigators under which he escaped death sentence. But many were left surprised when the US prosecutors did not seek life sentence for Headley. Headley was ordered to serve 35 years, followed by five years of supervised release by Leinenweber. There is no federal parole and defendants must serve at least 85 percent of their sentence. “Mr. Headley is a terrorist,” the Judge said while imposing the sentence on 12 counts in a packed court. Leinenweber also said, “He commits crime, cooperates and then gets rewarded for the cooperation. “No matter what I do, it is not going to deter terrorists. Unfortunately, terrorists do not care for it.

    I do not have any faith in Mr. Headley when he says that he is a changed person now. “I do believe that it is my duty to protect the public from Mr. Headley and ensure that he does not get into any further terrorist activities. Recommending 35 years is not a right sentence”. Asked if he wanted to make a statement, Headley, said, “No your honor”… In pleading guilty and later testifying for the government at the trial of co-defendant and school time friend Tahawwur Rana, Headley admitted that he attended training camps in Pakistan operated by Lashkar-e-Taiba, on five separate occasions between 2002 and 2005.

    In late 2005, Headley received instructions from three members of Lashkar to travel to India to conduct surveillance, which he did five times leading up to the Mumbai attacks in 2008 that killed approximately 166 people, including six Americans, and wounded hundreds more. A week back, Leinenweber had sentenced Rana for 14 years of imprisonment followed by three years of supervised release for providing material support to LeT and planning terrorist attack against a Danish newspaper in Copenhagen. Both Headley and Rana were arrested in 2009. Headley was small-time narcotics dealer turned US Drug Enforcement Agency (DEA) informer who went rogue.

    In their closing arguments, US attorneys Daniel J Collins and Sarah E Streicker had sought between 30 and 35 years of imprisonment for Headley. His attorneys Robert David Seeder and John Thomas had sought a lighter sentence arguing he had given huge amount of information to the US government against terrorist organizations like LeT and several of its leaders. Headley has confessed that he had undertaken numerous scouting missions for his handlers in Pakistan.

    He had videographed a number of targets in India including the iconic Taj hotel in Mumbai which was attacked by 10 LeT terrorists. According to security agencies, the detailed videos made by Headley was the foundation on which the Mumbai attacks was planned and carried out. Headley, born to a Pakistani father and American mother, had even changed his name from Daood Gilani in 2006 to easily move in and out of India without raising suspicion.

    The US attorneys argued that while there is no question that Headley’s criminal conduct was deplorable, his decision to cooperate, provided uniquely significant value to the US government’s efforts to combat terrorism. “We are seeking less than life time sentencing, because of the significant intelligence value information provided by Headley. Crime is deplorable, shocking and horrific. “We have to recognize the significant value of the information.We believe that 30-35 years of imprisonment would be justified and balance and thus be downgraded from life sentence,” Collins said. Former US attorney Patrick Fitzgerald, who appeared in court, urged leniency saying that Headley’s decision to become an informant “saved lives.”

  • Celebration of India’s 64th Republic Day Ambassador Prabhu Dayal rings the Opening Bell at NASDAQ

    Celebration of India’s 64th Republic Day Ambassador Prabhu Dayal rings the Opening Bell at NASDAQ

    NEW YORK, NY (TIP): Ambassador Prabhu Dayal, Consul General of India, rang the Opening Bell at NASDAQ in celebration of India’s 64th Republic Day January 23. Present on the occasion were a number of Indian Americans, including State Bank of India County Head Mr. Chandramouli, Bank of India CE for North America, Mr. B.B. Joshi,and SBI New York CE Mr. Verma. The NASDAQ Stock Market, also known as simply the NASDAQ, is an American stock exchange. “NASDAQ” originally stood for National Association of Securities Dealers Automated Quotations.

    It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. The exchange is owned by NASDAQ OMX Group, which also owns the OMX stock exchange network. NASDAQ has been celebrating India’s national days- Independence Day and Republic Day- for years now when the Consul General of India in New York is invited to ring the opening bell, signifying celebrations in honor of the event.

  • BJP president election Gadkari out, Rajnath in

    BJP president election Gadkari out, Rajnath in

    NEW DELHI (TIP): Rajnath Singh was on January 23 unanimously elected the new president of the Bharatiya Janata Party (BJP), succeeding Nitin Gadkari who decided against a second term till he was cleared of alleged corruption charges.

    Rajnath Singh will serve his term from 2013 to 2015, and lead the party in the 2014 general elections. A resolution supporting Rajnath Singh as the BJP chief was unanimously adopted by the parliamentary board of the party, after which he filed his nomination papers. The returning officer announced that 17 other nominations were also filed in Rajnath Singh’s favour. Rajnath Singh has previously been the president of the party from 2005 to 2009. He first became the party president in December 2005, following the resignation of L.K. Advani. He was re-elected in November 2006 unanimously and was succeeded by Nitin Gadkari in 2009.

    He also served as the chief minister of Uttar Pradesh from October 2000 to March 2002. Rajnath Singh’s name was zeroed upon for the post of party president Tuesday evening, following Income Tax ‘surveys’ of around nine locations connected to alleged financial wrongdoing by a company linked to Gadkari. According to informed sources, several senior leaders, including BJP veteran L.K. Advani, had reservations on Gadkari getting a second term in view of allegations surrounding the Purti group linked to him. Gadkari, meanwhile, said he voluntarily backed out from going for a second term as he wanted his name cleared of the allegations.

  • President Obama Unveils Sweeping Plan to Curb Gun Violence

    President Obama Unveils Sweeping Plan to Curb Gun Violence

    WASHINGTON (TIP): President Obama’s January 16 plan to curb gun violence in America has met with a mixed reaction, from a cautious endorsement to an outright rejection. Obama is asking Congress to implement mandatory background checks for all gun purchases, including private sales; reinstate a ban on some assault-style weapons; ban high-capacity magazines holding more than 10 rounds; and crackdown on illicit weapons trafficking.The president’s proposal also includes new initiatives for school safety, including a call for more federal aid to states for hiring so-called school resource officers (police), counselors and psychologists, and improved access to mental health care.

    Obama also initiated 23 executive actions on gun violence, policy directives not needing congressional approval. Among them is a directive to federal agencies to beef up the national criminal backgroundcheck system and a memorandum lifting a freeze on gun violence research at the Centers for Disease Control and Prevention. “I intend to use whatever weight this office holds to make them a reality,” Obama said at a January 16 midday event in a White House auditorium. “If there’s even one thing that we can do to reduce this violence, if there’s even one life that can be saved, then we have an obligation to try. “And I’m going to do my part.”

    Here, from the Associated Press, is the full list of gun control proposals and actions: Items That Require Congressional Action

  • Requiring background checks on all gun sales. The Brady Campaign to Prevent Gun Violence says 40 percent of gun sales are conducted with no criminal background check, such as at gun shows and by private sellers over the Internet or through classified ads. Obama said there should be exceptions for cases like certain transfers among family members and temporary transfers for hunting purposes.
  • Reinstating the assault weapons ban. A 10-year ban on high-grade, military-style weapons expired in 2004. Senate Majority Leader Harry Reid, D-Nev., says such a ban might clear the Senate but doubts it could get through the House.
  • Renewing a 10-round limit on the size of ammunition magazines.
  • Prohibiting the possession, transfer, manufacture and import of dangerous armor-piercing bullets.
  • Senate confirmation of a director for the Bureau of Alcohol, Tobacco, Firearms and Explosives. The agency has been run by an acting director, Todd Jones, whom Obama will nominate to become director.
  • New gun trafficking laws penalizing people who help criminals get guns.
  • Items to Be Accomplished by Executive Order

  • Address legal barriers in health laws that bar some states from making available information about people who are prohibited from having guns.
  • Improve incentives for states to share information with the background check system. o Make sure that federal agencies share relevant information with the background check system.
  • Direct the attorney general to work with other agencies to review existing laws to make sure they can identify individuals who shouldn’t have access to guns.
  • Direct the Centers for Disease Control and Prevention and other research agencies to conduct research into the causes and prevention of gun violence.
  • Clarify that no federal law prohibits doctors or other health care providers from contacting authorities when patients threaten to use violence.
  • Give local communities the opportunity to hire up to 1,000 school resource officers and counselors. o Require federal law enforcement to trace all recovered guns.
  • Propose regulations that will enable law enforcement to run complete background checks before returning firearms that have been seized.
  • Direct the Justice Department to analyze information on lost and stolen guns and make that information available to law enforcement.
  • Provide training for state and local law enforcement, first responders and school officials on how to handle activeshooter situations.
  • Make sure every school has a comprehensive emergency management plan.
  • Help ensure that young people get needed mental health treatment.
  • Ensure that health insurance plans cover mental health benefits.
  • Encourage development of new technology to make it easier for gun owners to safely use and store their guns.
  • Have the Consumer Product Safety Commission assess the need for new safety standards for gun locks and gun safes.
  • Launch a national campaign about responsible gun ownership.
  • The announcement comes one month after a mass shooting at Sandy Hook Elementary School in Newtown, Conn., left 26 dead, including 20 children. Obama called it the worst moment of his presidency and promised “meaningful action” in response. The proposals were the work of an Obama-appointed task force, led by Vice President Joe Biden that held 22 meetings on gun violence in the past three weeks. The group received input from more than 220 organizations and dozens of elected officials, a senior administration official said. As part of the push, Obama nominated a new director for the Bureau of Alcohol, Tobacco and Firearms, which leads enforcement of federal gun laws and has been without a confirmed director for six years.

    The president appointed acting director Todd Jones, the U.S. attorney for Minnesota, to the post, if the Senate confirms him. The administration’s plan calls for aid to states for the hiring of more school resource officers, counselors and psychologists. Obama also directed the Department of Education to ensure all schools have improved emergency-response plans. He also called on Congress to make it illegal to possess or transfer armor-piercing bullets; it’s now only illegal to produce them. “To make a real and lasting difference, Congress must act,” Obama said. “And Congress must act soon.” Officials said some of the legislative measures Obama outlined could be introduced on Capitol Hill next week. The price tag for Obama’s entire package is $500 million, the White House said.

    “House committees of jurisdiction will review these recommendations,” a spokesman for House Speaker John Boehner said in response to Obama’s announcement. “And if the Senate passes a bill, we will also take a look at that.” The proposals are already being met with stiff opposition from gun rights advocates, led by the National Rifle Association, which overnight released a scathing ad attacking the president as an “elitist hypocrite.” “Are the president’s kids more important than yours?” the narrator of the NRA ad says. “Then why is he skeptical about putting armed security in our schools, when his kids are protected by armed guards at their school?” Obama has questioned the value of placing more armed guards at schools around the country, although his proposal does call for placement of more police officers at public schools.

    The NRA opposes most of the other gun restrictions Obama has proposed. “Keeping our children and society safe remains our top priority,” the NRA said in a statement after Obama’s announcement. “Attacking firearms and ignoring children is not a solution to the crisis we face as a nation,” the group said. “Only honest, law-abiding gun owners will be affected and our children will remain vulnerable to the inevitability of more tragedy.”

    Hurdles for Gun Laws in Congress
    Many members of Congress from both parties are also skeptical that some of the proposed new restrictions on gun sales can be effective, much less pass. “Nothing the president is proposing would have stopped the massacre at Sandy Hook,” Republican Sen. Marco Rubio of Florida said. “President Obama is targeting the 2nd Amendment rights of law-abiding citizens instead of seriously addressing the real underlying causes of such violence.” Senate Majority Leader Harry Reid, a Democrat and gun owner, told a Las Vegas TV station Friday, “Is [the assault weapons ban] something that can pass the Senate? Maybe. Is it something that can pass the House? I doubt it.

    So I think there are things that we know we can do.” Before the announcement, the White House downplayed challenges facing individual aspects of gun-control proposals — most notably the assault weapons ban — stressing that no single measure can solve the epidemic of gun violence sweeping the country. They also pointed to successful steps on guns already taken on the state level. New York State, for instance, approved the nation’s most stringent gun-control law Tuesday, tightening a ban on assault-style weapons and beefing up protections to keep guns from the mentally ill. Obama might travel the country seeking to leverage popular support for his proposals to urge action in Congress, officials said.

    He is also expected to mobilize his network of campaign supporters to participate in advocacy on guns. “This will not happen unless the American people demand it,” Obama said today of his plan. “If parents and teachers, police officers and pastors, if hunters and sportsmen, if responsible gun owners, if Americans of every background stand up and say, enough, we suffered too much pain and care too much about our children to allow this to continue, then change will come. That’s what it’s going to take.” Dozens of kids have written to the president about gun violence, officials said, including 8-year-old Grant Fritz of Maryland, who wrote in a letter released by the White House, “There should be some changes in the law with guns.

    It’s a free country, but I recommend there needs be [sic] a limit with guns.” “Their voices should compel us to change,” Obama said of the children. Obama was joined for his announcement by seven cabinet secretaries, including Attorney General Eric Holder, Education Secretary Arne Duncan and Homeland Security Secretary Janet Napolitano, other local law enforcement leaders and mayors, and the families of victims and survivors of the Newtown shooting.

    Popular Support for Gun Rules
    Many of Obama’s proposals have strong support in the latest ABC News-Washington Post poll released Monday, January 15. Eighty-eight percent of Americans favor expanding required background checks to buyers at gun shows; 76 percent favor checks on anyone buying ammunition. New restrictions on high-capacity magazines are backed by 65 percent of Americans in the poll, with 58 percent supporting a ban on the sale of assault-style weapons. Thirty-nine percent oppose such a ban. The NRA’s proposal to place an armed guard in every school received 55 percent support in the survey.

  • Pravasi Bharatiya Divas 2013- A Miscellany

    Pravasi Bharatiya Divas 2013- A Miscellany

    KOCHI(TIP): An annual jamboree, the Pravasi Bharatiya Divas brings together a thousand to a thousand five hundred persons of Indian origin from across the world together for three days. It is an interactive event which affords a wonderful opportunity to network. The government at the center and the state governments and the PIOs from across the world get together to define their role and contribution to the development of India and the personal growth of entrepreneurs.

    PBD 2013 dealt with growth.The theme was: “Engaging Diaspora: The Indian Growth Story”. We carried reports of some interactive sessions in our last issue. However, not all could be covered. We do realize that we should carry the in depth reporting and analysis of various sessions held at Kochi and we will do so in the coming weeks, focusing on one session in each issue.

  • Tahawwur Rana, Linked To 26/11 Mumbai Terrorist Attacks, Sentenced To 14 Years In Jail

    Tahawwur Rana, Linked To 26/11 Mumbai Terrorist Attacks, Sentenced To 14 Years In Jail

    CHICAGO (TIP): Tahawwur Rana, an accomplice of convicted terrorist David Headley, was sentenced January 17 to 14 years in jail followed by five years of supervised release by a US court for providing material support to Pakistan-based LeT and for backing a plot to strike a Danish newspaper. 52-year-old Pakistani- Canadian Rana was sentenced by the Chicago federal court despite his defense attorneys seeking a lighter sentence of not more than a 9-year jail term, citing his poor health. US prosecutors had sought 30 years for Rana, who his lawyers said was duped into participation by his school-time friend Headley.

    Rana was convicted in June 2011 by a federal grand jury, which found the businessman guilty of providing material support to LeT and planning an aborted plot to bomb the Danish newspaper Jyllands-Posten. Rana, who was originally arrested in 2009 for his involvement in the 26/11 Mumbai attacks, was acquitted of that charge. However, Indian investigators have accused him of being involved in the Mumbai attacks that killed 166 people and are seeking to question him for the second time. Headley, who conducted reconnaissance of the targets of the Mumbai terror attacks for LeT, had entered a plea bargain with the FBI, saving himself from a possible death penalty.

    Acting US attorney Gary S Shapiro has requested the Chicago court in a position paper that Rana be handed down a total of 30 years in prison. Referring to the heart attack Rana suffered in June 2012 and the hospitalization thereafter, his attorney Patrick W Blegan had told the court earlier, “It is likely that his health will continue to deteriorate. He will likely at some point require dialysis due to his kidney disease, and is, of course, at risk for a second heart attack or vasovagal event”. Pakistan-born, Rana is a naturalized Canadian citizen who later on moved to Chicago for business purposes and has been living here for more than a decade now.

    Rana is the first of the eight co-defendants who were indicted by the federal prosecutors in October, to be sentenced by the Chicago Court. Sentencing of Headley has been scheduled for January 24. In March 2010, he pleaded guilty to all 12 counts against him, including aiding and abetting the murders of the six American victims. Facing a maximum sentence of life in prison, Headley cooperated with the government since he was arrested in October 2009, and testified as a government witness at Rana’s trial.

    Among other six indicted by the FBI, include Ilyas Kashmiri, influential terrorist organization leader in Pakistan who is in regular contact with of al-Qaida leaders; and Abdur Rehman Hashim Syed (Abdur Rehman), a retired major in the Pakistani military, both of whom were charged in two conspiracy counts relating to the Denmark terrorism plot.

  • A Tale Of Two Tragedies The Different Ways In Which The Us And India Have Reacted To Horrific Incidents Is Telling

    A Tale Of Two Tragedies The Different Ways In Which The Us And India Have Reacted To Horrific Incidents Is Telling

    As2012 made its exit, it left two horrific tragedies in its wake: the massacre of 26 students and teachers in my country of residence, the US, and the gang rape of a medical student in my country of citizenship. The two tragedies produced markedly contrasting reactions by leaders and people in the two countries, however. The relatively young African-American president of the US instantly connected with the tragedy and its immediate victims in Newtown, Connecticut. Addressing the nation the very same day on the television, the normally steely President Barack Obama could be seen wiping tears multiple times. “We’ve endured too many of these tragedies in the past few years, and each time I hear the news I react not as a president but as anyone else would, as a parent,” he said.

    Two days later, the president travelled to Connecticut to be with the families of the victims. In New Delhi, the aging leadership greeted the news of the gang rape with total indifference. Having deliberately insulated itself for years from the reality that real people with real problems live in the cities too, it went about business as usual. It was a full week of swelling crowds and rising rage of tens of thousands of men and women in the streets that finally led the Prime Minister’s Office to break its silence. Even then, the December 23 statement by it reflected aloofness, opening with the words, ”We are all joined in our concern for the young woman…” The slight personal touch, with this line rephrased as “My wife, my family and I are all joined in our concern…” came only in the terse televised speech by the prime minister the next day. Even more disappointing, as a woman, Congress President Sonia Gandhi was well positioned to offer a healing touch to the families of the two victims and the entire nation. But beyond a brief appearance outside her home to speak with the protesters, no such touch was forthcoming.

    As late as December 24, an intransigent home minister Sushil Kumar Shinde refused to meet the protesters at India Gate. Abhijit Mukherjee, the son of the president and a Member of Parliament, added insult to the injury by describing the women demonstrating in the streets as “highly dented and painted”. An entirely different contrast characterized the responses of the ordinary citizens in India and the US. As the news of the ghastly crime spread, tens of thousands of ordinary residents converged on India Gate in Delhi to protest on behalf of the victim and to shake the political class out of its slumber. Remarkably, not only did the protests successfully sustain in Delhi despite suspension of buses and metro trains on key routes, they also spread to many other cities.

    And when the victim passed away on December 29, the entire nation chose to abstain from the New Year’s Day celebrations. In contrast, while the Newtown tragedy shook up every American at the personal level, it sparked no mass protests at the White House or the doorstep of the National Rifle Association (NRA). Four massacres of innocent citizens in a school, a shopping mall, a movie theatre and a gurdwara have characterized the first term of President Obama. Easy access to assault weapons has been an important key to each of them. Yet, there have been no sustained protests that would force the hand of the government against the lobbying power of the NRA. A March 2011 proposal would have outlawed the possession of magazines with more than 10 bullets in Connecticut thereby removing from circulation the Bushmaster AR-15 rifle with 30-round magazine that the Newtown shooter used.

    But the NRA successfully defeated that proposal. Earlier, in 2009, gun manufacturer Colt had defeated another even weaker reform by threatening to move its facility employing 900 workers to another state. So, sadly, Connecticut ended up trading the possibility of the loss of 900 jobs for 26 lives. Following the latest shootings, the NRA had the audacity to suggest posting armed guards in every school in the country as the solution! “The only thing that stops a bad guy with a gun is a good guy with a gun,” contended its executive vice-president. Yet, no protests against the NRA emerged. Already, American newspapers can be found devoting more space to the tragedy in Delhi than in Newtown. It is this contrast in the way people have reacted to the tragedies that gives greater hope of change in India. Yet, it is important to appreciate that just making punishment yet more stringent will scarcely improve safety. Rape is only one of many manifestations of insecurities that women in urban India experience every day. On literally dozens of trips to Delhi since the early 1980s, my wife has never once felt safe enough to take a taxi on her own from the airport to Mayur Vihar where her sister lives.

    While social reform is the ultimate key, the immediate relief must come from effective implementation of existing laws. And, first and foremost, that requires police reform. On the one hand, the police, who are expected to risk their lives every day to secure the lives of all others, must be paid several times their civilian counterparts. On the other hand, they must face substantially greater risk of dismissal, not just temporary suspension, should they fail in their duties.

  • Chautala, Son, 51 Others Convicted

    Chautala, Son, 51 Others Convicted

    NEW DELHI (TIP): Twelve years after the illegal recruitment of 3,200-odd junior teachers in Haryana, the law caught up with former CM Om Prakash Chautala, his son Ajay Chautala and 51 others on January 16 with a special Central Bureau of Investigation (CBI) court convicting them of acts of corruption and cheating. The high profile trial ended with Chautala behind bars as judge Vinod Kumar held the 78-year-old Indian National Lok Dal leader the “main conspirator” behind the scam that grabbed nation-wide notice for its scope and brazenness. Chautala and others, including two IAS officers, were sent to Delhi’s Tihar jail.

    The conviction has implications for Haryana politics as the ruling Congress government has been at the receiving end of corruption allegations over alleged illegal land allotments to influential persons. The conviction levels the playing field somewhat with a major opposition figure convicted of corrupt practices. Those sent to jail have been convicted of offences of cheating, forgery, using fake documents and conspiracy under the Indian Penal Code and abuse of their official position under the Prevention of Corruption Act. The court will announce the quantum of sentence on January 22.

    Commenting on the blatant manner in which the appointments were manipulated, the court noted that Chautala had called the then director of education Sanjiv Kumar to change the list of successful candidates as the government had gained a majority and did not need to accommodate the interests of MLAs from supporting parties any more. Interestingly, while Kumar was seen as a whistleblower in the scam, he was made a coaccused and has been convicted in the case. The former CM’s son, Ajay Chautala, is currently an MLA and is also facing trial in a case of disproportionate assets. In course of arguments, CBI claimed each teacher paid a bribe of Rs 3-4 lakh and that Chautala, who held the education portfolio at the time of the scam, gave written instructions to Kumar demanding the original list of candidates be replaced.

    The court held that in 2000, Chautala senior and his son conspired with others for illegally recruiting 3,206 junior basic trained (JBT) teachers in the state. Initially, 62 accused were named but six died during the trial while one was discharged. Ajay Chautala was then an MP, who was in regular touch with Kumar over the recruitment lists. Among the 55 convicted are Sanjiv Kumar, Chautala’s former officer on special duty Vidya Dhar, both IAS officers, political advisor to the then Haryana CM Sher Singh Badshami and 16 women officials. Stating that it was under Chautala’s tutelage that the state government officials “executed this scam”, the court said, “There is a complete chain of circumstances which pinned down accused Om Prakash Chautala as the main conspirator… it was O P Chautala on whose behalf these accused persons were executing this scam.”

    The circumstances and testimony of Sanjiv Kumar helped convince the court. As CM, Chautala directed Kumar to alter the award list, the court said as the judgment was pronounced in a jam-packed courtroom. The scam came to light after Kumar, a 1989 batch IAS officer, filed a writ petition in the Supreme Court alleging that the Chautala government had resorted to corrupt practices while recruiting the junior teachers in 2000. The apex court handed the case to CBI, which over the course of a four-year investigation, raided Chautala’s premises and grilled him, his legislator sons and the former officials.

    After the investigations, CBI also made Kumar an accused in the case. The prosecution alleged that the convicts had appointed 3,206 JBT teachers in the state during 1999-2000. In its chargesheet, the agency claimed that its probe established that a conspiracy on making a second list was hatched at Haryana Bhawan in the capital by calling the chairpersons and members of the district-level selection committees of 18 districts. They were also called to a guest house in Chandigarh, where the modalities were worked out, it had said. In its 308-page-order, the court relied on the testimony of Sanjiv Kumar and the CBI probe. Chautala’s INLD had got majority in Haryana in 2000 and the scam was committed the same year. Detailing the role of Chautala in the scam, the court said, “Profuse evidence is available on record to show that it was O P Chautala who was managing the whole affairs.” The court said that first IAS officer R P Chander, a CBI witness, who was the then director of primary education, had given a proposal for declaring the results of successful candidates in April 2000, but he was transferred the next day itself.

    Subsequently, IAS officer Rajni Shekri Sibal, also a CBI witness, was brought in at Chander’s place and she was asked by accused Badshami and Vidya Dhar to change the award lists in the presence of Ajay Chautala, it said. “When Rajni recommended compilation of results vide her note sheet of June 20, 2000, she was also transferred and Sanjiv Kumar was appointed in her place,” the court said, adding that Kumar’s testimony proves he was brought with a “specific mandate of changing the award lists”. The counsel appearing for Chautala alleged that Sibal was “playing in the hands” of Bhupinder Singh Hooda, the present Haryana CM and a political rival of Chautala’s, but the court dismissed the defence contention.

    “I am of the opinion that she is not only a truthful witness but I find that she was the only person who had enough courage to withstand the political pressures exerted upon them,” the court said. The defense counsel claimed Sibal was testifying falsely as she was a close relative of Union telecom minister Kapil Sibal and had links with Congress leaders. Dismissing the contention, the court said, “Had she (Sibal) been playing in the hands of Congress leaders, nothing stopped her from directly implicating the CM. She was an officer senior enough having an opportunity to meet the CM off and on…

    Therefore, the allegation against her that she is playing in the hands of Congress leaders namely Bhupinder Singh Hooda and Kapil Sibal does not hold.” It also rejected the defense’s attempt to scatter the blame by submitting that the council of ministers was responsible collectively for a cabinet decision. “Although the cabinet decision was taken by the council of ministers, but it must be remembered that it was done with the permission of O P Chautala who was the chief minister at that time despite the fact that the item was not in the agenda,” it said.

  • Pakistan’s Crisis Could End In A Military Coup

    Pakistan’s Crisis Could End In A Military Coup

    ISLAMABAD (TIP): Experts are not ruling out the possibility of a military takeover in Pakistan after the country’s top court ordered the arrest of the PM. Antigovernment protesters continue with their sit-in outside parliament. An anti-government protest in Islamabad enters its third day as tens of thousands of people demand the resignation of the Pakistan People’s Party’s (PPP) government and that an “impartial,” interim government backed by Pakistan’s powerful army and newly-independent judiciary be formed.

    The so-called “long march” is led by a moderate Pakistani-Canadian cleric Tahirul- Qadri, who is demanding major reforms in the electoral system of the country ahead to this year’s parliamentary elections. The cleric has threatened to storm the parliament if his demands are not met. The political turmoil in the Islamic Republic worsened with the Supreme Court’s order on Monday for the arrest of Prime Minister Raja Pervez Ashraf on corruption charges. Ashraf and his party assert their innocence.

    Pakistan’s non-governmental Human Rights Commission of Pakistan (HRCP) said in a statement following the Supreme Court order that the arrest order of the prime minister threatened the democratic set up of the country any derailment of the democratic system at this juncture will imperil Pakistan’s integrity and undermine the prospects of the future generations,” HRCP chairperson Zohra Yousuf said in statement on Tuesday.

    ‘Orchestrated’
    Many analysts in Pakistan believe it is no coincidence that the apex court ordered the prime minister’s arrest at a time when the agitation against his government is at its peak. “Tools of the establishment have now been exposed,” Asma Jahangir, prominent human rights activist and former president of the Supreme Court Bar Association, told the media at a press conference in Karachi on Tuesday. She said Tahir-ul-Qadri’s “long march” and the court’s order appeared “preplanned.” Supporters of President Asif Ali Zardari’s PPP government are of the view that the judiciary, backed by the army and its Inter- Services Intelligence (ISI) spy agency, are trying to undermine the supremacy of parliament and civilian democracy. In a controversial verdict in June last year, the Pakistani Supreme Court disqualified former Prime Minister Yousuf Raza Gilani from holding office, following a contempt conviction two months earlier.

    An ‘unpopular’ government
    But experts say that the new crisis seems to be more detrimental than the previous ones, as the country is heading towards general elections. They say that Qadri’s sudden arrival from Canada to Pakistan and the success of his well-financed campaign looked all well-timed. “Most people in Pakistan think Qadri is being backed by the Pakistani establishment, particularly the Pakistani army,” Ghazi Salahuddin, a senior journalist in Karachi, told DW, adding that the possibility of the military coup in this situation could not be dismissed. Pakistani has seen three military coups throughout its 65-year history.

    Analysts say Pakistani generals call the shots even when the civilian government is in power. Salahuddin was of the opinion that the government had become extremely unpopular and a lot of people did not want to see them in power anymore. He, however, criticized the way in which Qadri was trying to dislodge the government. “The PPP’s governance has been dismal over the last five years. The Quetta killings and the way the government dealt with it made people angrier with the government. It is true that this government has been shaken,” Salahuddin commented. Independent researcher and political activist Sartaj Khan believes the liberal intelligentsia is opposing Qadri because he challenges the status-quo.

    “The liberals want to save the corrupt PPP government and are ready to tolerate it for another five years in the name of ‘fake democracy.’ What is important about the antigovernment protests is not who Qadri is but what he stands for. People are fed up with this system,” Khan told DW. He said that PPP supporters were trying to scare people with the idea of military rule in the country to prolong their rule. But Islamabad-based human rights activist Tahira Abdullah said that the democratic process would take time, and would only be possible through elections. “We know that the rulers are corrupt but people can vote them out in elections. Only regular elections can guarantee good governance,” she said.

    Regional implications
    Experts say the US, Pakistan’s biggest aid donor, is closely observing the deepening crisis in the nuclear-armed state. Recent border clashes between South Asian arch rivals Pakistan and India have also alarmed the US and other Western countries whose armed forces are preparing to leave Afghanistan in 2014. Tensions between India and Pakistan can have a negative impact on the stability of Afghanistan and its peace process. Experts point out that political chaos in a volatile country like Pakistan and its tensions with India are disturbing not only to the region but to the entire international community. “Pakistan’s history is marred by these kinds of political crises. The international community does not trust us. The regional situation is very complex. The recent political developments in Pakistan cannot be looked at in isolation,” Zaman Khan, a Lahore-based activist, told DW. Nuclear-armed Pakistan is struggling with a weak economy and bloody Islamist insurgency led by the Taliban.

  • In Mutual Interest: India And Iran

    In Mutual Interest: India And Iran

    Inits first major diplomatic engagement of the New Year, India hosted Iran’s supreme national Security Council secretary and chief nuclear negotiator, Saeed Jalili, last week. Jalili was in Delhi at the invitation of the national security advisor, Shiv Shankar Menon, and met not only Menon but also the finance minister, P. Chidambaram, and the foreign minister, Salman Khurshid. In spite of bilateral ties between Delhi and Teheran losing their past sheen, Jalili underscored that “there are very good relations between the two countries” and that the two nations remain “friends”.

    The visit was also significant because Jalili is considered as a potential successor to the present Iranian president, Mahmoud Ahmadinejad, who completes his two terms in office this year. The economic situation in Iran has deteriorated rapidly over the last few months.

    Because the Central Bank of Iran has been having trouble maintaining its currency peg of 12,260 rials to the dollar, more and more Iranians are trying to trade their rials for foreign currency. This has led to a free fall in the value of the rial.

    The Western sanctions have blocked Iran international bank networks, making it difficult for Iranian businesses to borrow money at a time when the CBI is having difficulty meeting demands for dollars. As a consequence, Iran is facing its worst financial crisis since the Iran-Iraq war of the 1980s. It has therefore become urgent for Iran to reach out to non-Western nations to seek help. Russia, China and India are natural players in this context and so Jalili’s high-profile visit to Delhi is important. Jalili tried to project Iran as a destination where countries like India can fill the vacuum by suggesting that international economic sanctions on Iran were not a “threat”, but an “opportunity”. Even the Iranian healthcare system is close to collapse under the weight of sanctions and Teheran has reached out to India for help with life-saving drugs. India is now exporting one of its largest consignments of medicines ever to Iran.

    Iran is also trying to make a case to Delhi that it could be a reliable provider of energy security to India even though the past experience of India has been rather problematic. But Jalili argued that “Iran’s capability is not just supplying oil and gas. Providing security of energy is one of the principles of Iran’s policy in this respect. We have the best capability [among all neighboring countries] in providing energy security for the region”. Jalili made a case for the extension of the gas pipeline with Pakistan to India underlining that Iran “has the capacity to provide security”.

    But India has been trying to reduce its dependence on Iranian oil for some time now and it is not entirely clear if there will be a change of heart in New Delhi because of Jalili’s visit, although India recognizes the benefits of using Iranian territory as a transit route into Afghanistan and Central Asia. In terms of energy security, actions by the United States of America and the European Union considerably impede India’s pursuit of resources in Iran, where India is the third-largest recipient of exported oil. This is well-illustrated by recent EU sanctions banning European companies from insuring tankers that carry Iranian energy resources anywhere in the world. With nearly all tanker insurance based in Western nations, Indian shipping companies are reportedly forced to rely on state insurance, which only covers tankers for $50 million as opposed to the estimated $1 billion in coverage typically offered by European agencies. Shippers therefore face great risk in transportation. Western efforts to undermine financial institutions in Iran have also complicated payments for Iranian oil exports. An executive order issued by the White House in November 2011 authorizes the US secretary of state to impose financial sanctions on any entity failing to satisfactorily curb support of the Iranian market according to US terms, thus pressuring countries such as India to reduce imports supporting the Iranian economy.

    China, like India, has a massive demand for energy security. China is present in nearly every geographic area of importance to India’s energy security and Chinese State-owned companies have proved more willing and able to secure deals at any cost than Indian companies. This intricate challenge of remaining competitive with China and close to the US is manifest in Iran. While New Delhi faces pressure from the West to curb its ties with Iran, Beijing continues to pursue close bilateral relations with Teheran under a firm policy of non-interference to ensure the security of its energy and strategic interests. Beijing was a highly significant factor in Iran’s acquisition of capabilities throughout the 1980s and early 1990s that helped initiate its nuclear program. Although China curbed official support of Iran’s nuclear program in 1997 under heavy US pressure, American officials suspect the continuation of informal support under the auspices of non-governmental entities. China continues to supply arms to Iran as well, and although the value of these transfers declined in the first decade of the 2000s, Chinese arms are still presumed to be supporting proxy militant groups in the Middle East via Iran, much to the dismay of Washington. China also functions as a diplomatic ally that can offer leverage to Iran within the International Atomic Energy Agency and United Nations Security Council.

    Beijing is vocal in its support for diplomacy rather than force in dealing with Teheran and is adamant in denouncing unilateral or bilateral sanctions that prohibit economic interactions to isolate Iran. China thus retains significant value for Iran in a manner that would be difficult for India to emulate, particularly given its greater dependency on good relations with the US and basic objections to Iran’s nuclear program. Teheran and the P-5+1 (the five permanent UN security council members plus Germany) are set to resume talks later this month, although the place and date for the negotiations have not been finalized. The talks would be the first highlevel negotiations over Iran’s nuclear program since the negotiations in Moscow in June, offering at least the prospect of a thaw in a standoff that has grown increasingly tense in recent months. A Washington-Teheran rapprochement will allow India greater strategic space to pursue its diplomatic interests and, as the situation in Afghanistan continues to unravel, this will be useful in shaping the regional environment to India’s advantage.