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Markets slip again
The markets have slipped back into the negative terrian. The Sensex is now down 20 points at 17,466, and the Nifty is down 14 points at 5,211.

Kerala CM to be asked to leave Politburo
Kerala Chief Minister VS Achuthanandan will be removed from the CPI(M)’s Politburo on ground of “serious indiscipline.” The Politburo has found him guilty of publicly airing his differences with his bete noire, Kerala unit General Secretary Pinarai Vijayan. VS will be allowed to remain Kerala chief minister by the Central Committee, but a section of the party thinks his days as CM are numbered, as the state unit will try to dislodge him from the post.

News of the day

Unions against taxing savings schemes on withdrawal
The central trade unions would press for shelving a proposal that wants to tax withdrawals from savings schemes, including provident funds, at the pre-Budget meeting with Finance Minister Pranab Mukherjee on January 14.
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Now resume dialogue on Korean denuclearisation: Kerry

Buoyed by the diplomatic success of former US president Bill Clinton in securing the release of two American journalists from North Korea, a top Senator has asked Pyongyang and Washington to now resume dialogue on the denuclearisation of the Korean Peninsula. - Bill Clinton on surprise visit to NKorea - US rules out any direct talks with North Korea - US open to conditional talks with North Korea - NKorea suggests different disarmament talks - UN panel slaps sanctions on 5 N Korean officials, 5 entities - South Korea developing new electronic bombs John Kerry, Chairman of the Senate Foreign Relations Committee, in a statement welcomed the news that US citizens Laura Ling and Euna Lee have been pardoned by North Korea and are now on their way home. "North Korea is doing the right thing by granting Mrs Ling and Mrs Lee amnesty and letting them return to their families. I hope this goodwill gesture will create a new, more positive tone in US-DPRK relations," Kerry said. Using the occasion, Kerry called on the US and North Korea to promptly resume talks on denuclearisation. "This moment shouldn"t be lost," he said. "North Korea"s pursuit of nuclear weapons is a threat to regional security and stands as an obstacle to what the people of North Korea most want: respect, security, development, and peace," Kerry added. "But the United States, in concert with the Republic of Korea, Japan, China and Russia — our partners in the Six Party Talks — remains willing to engage in a mutually respectful dialogue with the DPRK to accomplish the goals of denuclearisation and normalisation and to create a permanent peace mechanism for the Korean Peninsula," he said.


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