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United States can be India's 'best partner': Obama NEW DELHI: President Barack Obama said that the United States can become India's "best partner" as he wrapped up a three-day visit to New Delhi on Tuesday."India and the United States are not just natural partners -- I believe that America can be India's best partner," Obama said in a speech before an audience of young people."Of course, only Indians can decide India's role in the world," said the US president who received a rapturous reception from the audience."But I'm here because I am absolutely convinced that both our peoples will have more jobs and opportunity, our nations will be more secure, and the world will be a safer and more just place when our two democracies stand together."Obama was due to fly out later Tuesday to Saudi Arabia at the end of a visit that saw him become the first US president to attend India's Republic Day celebrations.Copyright AFP ...

Modi pledges 'predictable, competitive' tax regime NEW DELHI: Indian Prime Minister Narendra Modi promised US executives Monday that he would forge a "predictable and competitive" tax regime as he sought to shake off his country's reputation as hostile to business.Speaking alongside US President Barack Obama at a meeting of American and Indian CEOs, the right-wing premier said the business climate had already dramatically changed since he came to power and the transformation would step up pace."You will find an environment that ...
Indian president slams nation's failures NEW DELHI: President Pranab Mukherjee gave a stern assesmement of India 65 years after it declared itself a republic, criticising parliamentary dysfunction and the overuse of decrees in a message that might also resonate with his visitor, US President Barack Obama.In a Republic Day address on the eve of the celebrations, India's largely ceremonial president was also scathing about rampant violence against women in the world's second most populous nation.Mukherjee said the opposition should debate ...
Rain on India's parade, but Obama visit keeps spirits high NEW DELHI: Rain threatened to dampen the excitement around US President Barack Obama's landmark visit to India as thousands of troops prepared on Monday for a dazzling military parade where he will be the chief guest.The first US president to attend the annual show of military might that was long associated with the anti-Americanism of the Cold War, Obama spent the first day of his visit on Sunday bonding with Prime Minister Narendra Modi and ...
Thirty-four die in Bangladesh vote protest violence DHAKA: At least 34 people have died in Bangladesh and scores have been injured, most of them in firebomb attacks, amid rising political unrest fuelled by a stand-off between Prime Minister Sheikh Hasina and the main opposition leader.The renewed political turmoil could cause a delay in shipments by the country's $24-billion garment industry, already under pressure after a string of fatal accidents.Begum Khaleda Zia, whose opposition Bangladesh Nationalist Party (BNP) boycotted the election on Jan. ...
Iran offers condolences to Saudi after king's death TEHRAN: Iranian officials offered condolences Friday to Saudi Arabia upon the death of King Abdullah, with one former president wishing Riyadh's new leader "success in consolidating the unity of the Islamic world." Iran said Foreign Minister Mohammad Javad Zarif would take part in an official ceremony in the Saudi capital on Saturday, without giving further details.Ex-president Akbar Hashemi Rafsanjani, meanwhile, known for his strong personal relations with the kingdom, called the country a friend and ...
Modi launches campaign to tackle India's dwindling number of girls NEW DELHI: Prime Minister Narendra Modi condemned the blight of India's dwindling number of girls on Thursday, launching a campaign to address the problem the United Nations has said amounts to a national emergency."In our neighbourhood, girls are commonly killed in their mothers' wombs and we don't feel the pain," Modi said in a speech in the northern state of Haryana."We don't have a right to kill our daughters," he said.Despite being banned, selective abortion ...


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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