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U.S. govt. to slap fraud charges against S&P for ‘false’ mortgage ratings

U.S. largest credit rating agency Standard & Poor’s (S&P) is in trouble as country’s Justice Department is planning to file civil fraud charges against the agency accusing it of inflating the ratings of mortgage investments which crashed when the financial ..

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Ameet Shah appointed to US Dept committee on renewable energy

The Co-Chairman of Astonfield Renewable Resources Ltd, Ameet Shah, has been appointed to the US Department of Commerce’s Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC). Shah will represent project developers in the renewable energy sector. He will advice the ..

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US military to remove ban on women serving in combat

The US Defence department is expected to lift a ban on women serving in combat after a decade of war that saw female troops thrust onto the battlefield. In Feb 2012, US lifted a ban on women for about 14,000 ..

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Obama takes oath for another term as US president

Barack Obama has been officially sworn in for a second consecutive term as US President. Obama delivered the oath in the Blue Room of the White House with First Lady Michelle.

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Obama inks $633 billion defense bill

U.S. President Barack Obama inked a $633 billion defense bill for year 2013 that tightens penalties on Iran and strengthens security at diplomatic missions across the globe after the deadly attack in Benghazi, Libya. Obama had threatened to veto the ..

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U.S.General Norman Schwarzkopf who led Operation Desert Storm died

The retired US General Norman Schwarzkopf who led the U.S. Forces for a victory in the first Gulf War in Operation Desert Strom in 1991 died. Operation Desert Storm Operation Desert Storm is the codename of the Gulf War fought ..

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K-15 missile ready to be integrated with Arihant

The underwater missile K-15 (K-15 Sagarika missile) developed by Defence Research and Development Organisation (DRDO) was successfully launched off the Visakhapatnam coast. After one more flight, the two-stage missile will be integrated with Arihant, India’s nuclear-powered submarine. India has joined ..

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John Kerry nominated as next secretary of state for USA

US President Barack Obama nominated John Kerry to replace Hillary Clinton as secretary of state. Kerry, chairman of the Senate Foreign Relations Committee and the 2004 Democratic presidential candidate, was nominated after UN ambassador Susan Rice, withdrew her name from ..

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