Suhas Palshikar

A crisis of political courage


Suhas Palshikar

Briefly Business: Hacking attempt on Reserve Bank website

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India a safe investment destination: Moily

SRINAGAR: Corporate Affairs Minister Veerappa Moily has said that India is a safe destination for investors and the country is set for a 7-9 per cent growth in the years to come.

German opposition backtracks on euro bonds

Berlin: Germany's opposition Social Democrats (SPD) scaled back its support for proposals to ease weaker euro zone states' financing costs, saying the common bonds championed by France were not a near-term option for tackling Europe's debt crisis. The party was previously a keen advocate of joint debt issuance by euro zone states but would have a tough task persuading voters in next year's federal election to endorse an instrument that many Germans fear would push up their own, currently rock-bottom, borrowing costs.

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