Left retains Tripura,ruling parties ahead in Meghalaya, Nagaland

AGARTALA: The Left Front retained its bastion Tripura while the Naga People's Front in Nagaland and Congress in Meghalaya are set to return to power in the northeast states where counting of votes was taken up today.The Left Front government in Tripura is poised for a fifth straight term since 1993, securing absolute majority by winning 31 seats in the 60-member Assembly (CPI-M 30 and CPI-1) and...

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Medicare paid $5.1B for poor nursing home care

SAN FRANCISCO (AP) — Medicare paid billions in taxpayer dollars to nursing homes nationwide that were not meeting basic requirements to look after their residents, government investigators have found.The report, released Thursday by the Department of Health and Human Services' inspector general, said Medicare paid about $5.1 billion for patients to stay in skilled nursing facilities that failed to...

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Benedict XVI Begins Final Day as Pope

Pope Benedict XVI, the first pontiff to resign in 600 years, will step down today to lead a secluded life of prayer, far from the grueling demands of the papacy and the scandals that have recently plagued the church.Benedict, 85, will spend a quiet final day as pope bidding farewell to his colleagues that have gathered in Vatican City to see him depart. His first order of business...

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Hong Kong unveils budget, warns on global risks

HONG KONG: Hong Kong's finance chief on Wednesday unveiled a budget to kickstart growth in the city and temper property prices but warned the world economy could face headwinds from possible trade and currency battles.During a speech interrupted by protests, Financial Secretary John Tsang also set out a series of measures to support the middle class and alleviate poverty in the first budget...

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Ruckus in Rajya Sabha over alleged tapping of Arun Jaitley's phone

NEW DELHI: The issue of the alleged tapping of the phone of Rajya Sabha leader of opposition Arun Jaitley created a ruckus in the upper House on Wednesday morning. Rajya Sabha chairman M Hamid Ansari was forced to adjourn the House briefly. As soon as the House met for the day, Samajwadi Party leader Naresh Agarwal stood up and raised the issue. "It is a matter of concern that the leader of opposition's...

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What's Next for Pope Benedict XVI?

The party for the world's most prominent soon-to-be retiree began today when Pope Benedict XVI hosted his final audience as pontiff in St. Peter's Square.More than 50,000 tickets were requested for the event, according to the Vatican, while the city of Rome planned for 250,000 people to flood the streets.FULL COVERAGE: Pope Benedict XVI ResignationWith his belongings packed...

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Italy faces post-vote stalemate, spooking investors

ROME (Reuters) - The Italian stock market fell and state borrowing costs rose on Tuesday as investors took fright at political deadlock after a stunning election that saw a protest party lead the poll and no group had a clear majority in parliament. "The winner is: Ingovernability" ran the headline in Rome newspaper Il Messaggero, reflecting the stalemate the country would have to confront...

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GIC raises US$1.25b by selling shares in Global Logistic Properties

SINGAPORE: The Government of Singapore Investment Corp (GIC) has raised US$1.25 billion by selling about 596 million shares in warehouse operator Global Logistic Properties (GLP).GIC sold the shares at S$2.60 each, which is a 4.8 per cent discount to Monday's closing price.Following the share sale, it now holds a 37 per cent stake in GLP, down from 49 per cent.GIC said the move is part...

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Hyderabad blasts: NIA seeks custody of suspected IM operatives

NEW DELHI: The NIA has moved a Delhi court seeking custody of two alleged operatives of banned terror outfit Indian Mujahideen to interrogate them in connection with the twin blasts in Hyderabad which claimed 16 lives.The National Investigation Agency (NIA) moved a plea before district judge I S Mehta, who issued production warrants for Wednesday against Syed Maqbool and Imran Khan.The two are lodged...

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Koop, who transformed surgeon general post, dies

With his striking beard and starched uniform, former Surgeon General Dr. C. Everett Koop became one of the most recognizable figures of the Reagan era — and one of the most unexpectedly enduring.His nomination in 1981 met a wall of opposition from women's groups and liberal politicians, who complained President Ronald Reagan selected Koop, a pediatric surgeon and evangelical Christian from Philadelphia,...

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