Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Republicans must change everything: Bobby Jindal

Jan 25 2013, 09:54 IST
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Bobby Jindal said the Republican Party doesn't need to change its values, but 'might need to change just about everything else we do'. Bobby Jindal said the Republican Party doesn't need to change its values, but 'might need to change just about everything else we do'.
SummaryThe governor of Louisiana is seen as a potential presidential candidate in 2016.

party of a prosperous future that is based in our economic growth and opportunity that is based in every community in this great country and that is not based in Washington, D.C.,'' Jindal says.

The Louisiana governor's blunt remarks follow criticism from another high-profile Republican based outside Washington who publicly blasted the Republican leadership on Capitol Hill: New Jersey Gov. Chris Christie.

One of the party's most popular voices, Christie earlier in the month criticized his party's "toxic internal politics'' after House Republicans initially declined to approve disaster relief for victims of Superstorm Sandy. He said it was "disgusting to watch'' their actions and he faulted the party's most powerful elected official, House Speaker John Boehner.

Former House Speaker Newt Gingrich told reporters on the sidelines of the meeting Thursday that Republicans need to develop a sound strategy for confronting the Obama administration, suggesting House Republicans could use hearings to expose waste and promote better ideas.

"A lot of Republicans, frankly, spent the last two years saying, `Oh, gee, we don't have to do much because after Obama loses we'll work with the new Republican president.' Well, that world ain't there,'' Gingrich said. "So now they have to make adjustments. They've got to understand that this is a different game.''

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