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India tests long-range missile from mobile launcher NEW DELHI: India on Saturday succeeded for the first time in using a mobile launcher to test-fire a long-range missile capable of delivering a nuclear warhead deep inside rival China.Although Saturday's launch was the third test of the Agni V missile, it was the first time the weapon had been fired from a so-called canister mounted on a truck rather than from a concrete launchpad used in previous trials.The new delivery mechanism gives the armed forces increased operational flexibility."Successful test-firing of Agni V from a canister makes the missile a prized asset for our forces," Prime Minister Narendra Modi said on Twitter after the test on an island off the eastern state of Orissa.The Agni V -- developed by India's Defence Research and Development Organisation -- was first tested in April 2012.Analysts say the Agni V has the range to strike any target on the Chinese mainland, including military installations ...

CIA, Israel plotted senior Hezbollah commander's killing: report WASHINGTON: The CIA and Israel's spy agency Mossad were behind an elaborate plot to kill Hezbollah commander Imad Mughniyeh in a 2008 car bomb attack in Syria, the Washington Post reported on Friday.Citing former intelligence officials, the newspaper reported that US and Israeli spy agencies worked together to target Mughniyeh on February 12, 2008 as he left a restaurant in the Syrian capital Damascus. He was killed instantly by a car bomb planted in a ...
Romney to chat with supporters as 2016 buzz builds WASHINGTON: Two-time Republican presidential candidate Mitt Romney will host a conference call with supporters Friday to provide an update about a possible third White House run, US media reported.Three weeks after he surprisingly said he was considering throwing his hat in the ring for next year's presidential campaign, the 2012 Republican nominee and former Massachusetts governor will disclose his plans to allies, a source close to Romney told MSNBC.Some Romney supporters reportedly received an email ...
US economic growth in 2014 fastest since 2010 WASHINGTON: The US economy had its best year since 2010 last year, outpacing all of the other major developed countries as consumer confidence picked up, helped by sinking oil prices.But a slowdown in the fourth quarter held back the annual growth figure, baring some of the persistent challenges -- like the soaring dollar -- to locking the world's largest economy into higher gear.While the halving of fuel prices clearly gave American consumers the power to ...
Ukraine rebels vow to continue offensive if talks fail KIEV: Pro-Russian insurgents vowed on Friday to push their east Ukrainian offensive if new talks with the pro-Western leaders in Kiev fail to achieve results."Should the negotiations collapse... the Donetsk and Lugansk People's Republics reserve the right to pursue their offensive until the entire Donetsk and Lugansk regions are freed" of Ukrainian troops, the rebel regions' main truce negotiators said in a joint statement.The rebels last week pulled out of peace talks and announced the ...
India raises over $4bn in Coal India stake sale: official MUMBAI: India's government raised over $4 billion Friday by selling 10 percent of its stake in mining giant Coal India as it looks to raise funds through asset sales to keep its fiscal deficit in check, an official said.Investors bid for 675.24 million Coal India shares against more than 631 million shares on offer that were priced at a miniumum of 358 rupees each, preliminary data from the Bombay Stock Exchange showed."Strong interest was expected. ...


Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln