Citizens' Issues
Italian marines case: Supreme Court bars Italian envoy from leaving India

The apex court has sought explanation from the Italian government for going back on its assurance to send back the marines to face trial in India. It has also directed the ambassador to file his response by 18th March


The Supreme Court today restrained Italian Ambassador from leaving the country after Italy refused to send back its two marines charged with killing Indian fishermen last February.

 

The apex court has issued a notice to the Italian Ambassador and the two marines.

 

It has sought explanation from the Italian government for going back on its assurance to send back the marines to face trial in India. It has also directed the ambassador to file his response by 18th March.

 

The prime minister yesterday warned that “there will be consequences” if Italy does not respect its commitment to the Supreme Court. Before it decides what those consequence might be, the government is likely to wait till 22nd March, the deadline set by the Supreme Court for the return of the marines.

User

COMMENTS

Seshamani

4 years ago

At last some arm of this Country has actually spoken out against what the Italians have done!!!

MOHAN

4 years ago

Latin Bishop backs release of marines December 22, 2012

http://www.thehindu.com/news/national/ke...

Praising the Italian government and people for the ceaseless manner in which they had pursued the two marines’ case, he said there was much for India to learn from them

MOHAN

4 years ago

"Once is happenstance. Twice is coincidence. Three times is enemy action" - Ian flemings's James Bond

What Arun Jaitley said was correct

Stock Selection: A few more metrics

While ROE is the most important metric, here are a few more numbers to consider before...

Premium Content
Monthly Digital Access

Subscribe

Already A Subscriber?
Login
Yearly Digital+Print Access

Subscribe

Moneylife Magazine Subscriber or MSSN member?
Login

Yearly Subscriber Login

Enter the mail id that you want to use & click on Go. We will send you a link to your email for verficiation
India to get $5 billion a year as overseas aid from World Bank

During the year ended June 2012, the World Bank Group extended loans of $3.2 billion for various projects, including the national mission clean Ganga project

The World Bank on Wednesday assured India of funds to the tune of $3-$5 billion every year for the next four years to assist development projects and poverty eradication programmes.

 

“The World Bank Group would work towards continuing its level of annual assistance of $3- $5 billion to India over the next four years,” World Bank president Jim Yong Kim told reporters.

 

During the year ended June 2012, the World Bank Group extended loans of $3.2 billion for various projects, including the national mission clean Ganga project.

 

Kim, who is on a three-day visit to India for the first time after taking over as president last year, said that the Bank will complement its enhanced financial lending with technical assistance and knowledge services to help India improve implementation of its development programmes.

 

Asked whether the World Bank plans to close the International Development Association (IDA) soft loans window for India as it has become a middle-income country, he said: “We are in the middle of discussions right now about our IDA strategy ... we are going to be as creative as possible to maintain our commitment to India at very high levels.”

 

“The bank is concerned about the poor, and about 400 million people live in India,” Kim said.

 

“We hope, especially working through IFC, $3-$5 billion can leverage many more billions for investment in India. We believe that India is a good investment and we will deepen our engagement as much as we can use every bit of flexibility and creativity to get there,” he added.

 

Kim said that India has the potential of achieving a higher growth than 6% projected for the next fiscal.

User

COMMENTS

Anil Agashe

4 years ago

So WB hasno fears of India being down graded! Victory for PM and FM?

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)