| Tuesday, Jul 12, 2011 |  |
| | | PM AXES 7 MINISTERS, INDUCTS 8 NEW FACES
Prime Minister Manmohan Singh today dropped 7 ministers, inducted V Kishore Chandra Deo and 7 other new faces, and elevated 3 others including Jairam Ramesh from whom Environment and Forests has been taken away. M Veerappa Moily has been shifted from law to corporate affairs and Salman Khursheed takes his place. Jayanthi Natarajan is the new environment minister while Jairam Ramesh has been given rural development ministry with Cabinet ranking. The railways ministry goes to Dinesh Trivedi of Trinamool Congress. read more | RESHUFFLE AFTERSHOCKS; GURUDAS KAMAT RESIGNS
Gurudas Kamat, who was named as a Minister of State with independent charge in Tuesday's reshuffle, has been asked to resign from the Union Council of Minister. Kamat was unhappy with the Drinking Water and Sanitation portfolio and stayed away from the swearing-in ceremony. read more | THIS IS LAST RESHUFFLE BEFORE POLLS, SAYS PM
Talking to reporters after swearing-in of the 11 ministers at Rashtrapati Bhavan Prime Minister Manmohan said, "As far as I am concerned, this is the last reshuffle before we go to polls (in 2014). This exercise is as comprehensive as possible." read more | | | | | | | | AT A GLANCE | | BSE | 18411.62 | -309.77 | | NSE | 5526.15 | -89.95 | | TURNOVER Rs. 168,841 cr | | BSE CASH Rs. 2,773 cr | | NSE CASH Rs. 10,724 cr | | NSE F&O Rs. 155,344 cr | | | | BULLION | | GOLD | 22547 | +75 | | SILVER | 53379 | -320 | | | | CRUDE | | NYMEX | 102.25 | -0.08 | | BRENT | 116.04 | -1.2 | | | | FOREX | | $ / Re | 44.7 | +0.22 | | £ / Re | 71.069 | +0.59 | | € / Re | 62.495 | +0.59 | | | | EVENTS |
| | 13 July |  | Talent Acquisition Conclave 2011, The Leela Kempinski, Gurgaon | | Commerce & Industry Minister To Meet The Industry Chambers To Discuss The Decline In Foreign Direct Investment & Slowdown In Manufacturing Sector Growth | |
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| | 14 July | | GoM Meet To Review Coal And Power Projects | | Global Investors Meet 2012, Taj West End, Bengaluru | |
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| | 18 July | | Empowered Committee Of State FMs To Meet On GST | |
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| | 19 July | | FICCI Health Insurance Conference 2011, The Lalit, New Delhi | |
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| | 20 July | | Conference On Supercritical Technology: The Imperial, New Delhi | |
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| | EXPERT VIEWS |
| | "The Prime Minister's much acclaimed and awaited reshuffle has proven to be a damp squib. It is a futile exercise which inspires none and in no way dispels the gloom shadowing the embattled UPA government."
Rajiv Pratap Rudy
BJP Spokesperson "The reshuffle is not complete yet! ... We did not ask for any replacement portfolios from Pranab Mukherjee. We will decide on all issues relating to the Centre and ministries in our general council meeting (on July 23)."
M Karunanidhi
DMK Chief (After Cabinet reshuffle) "Jairam has rubbed too many feathers along the way, he's been a bull in a China shop. Jayanthi Natarajan will be a more balanced person."
BG Verghese
Professor, Centre For Policy Research |
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