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India set to approve insurance, pension bills  NEW DELHI: India's cabinet is set to approve bills that would raise the limit on foreign direct investment in insurance firms and open the pension sector to foreign investors, an official said Wednesday.   The approval is expected on Thursday and these bills will then require parliamentary clearance before becoming a law.   "Measures like opening the pension sector to foreign investment and raising the FDI cap in insurance to 49 percent will be announced tomorrow," a finance ministry official told AFP, requesting anonymity.   The new economic reforms come as the government tries desperately to boost investment in India's sharply slowing economy.   After years of policy logjam and corruption allegations, Prime Minister Manmohan Singh's administration burst into life in September when it announced a sudden blitz of measures to open up the retail, aviation and broadcasting sectors to foreign investment.   Reforms in the pension and insurance sectors have been pending for years due to lack of political ...

Maldives arrests four in hunt for assassin MALE: Police in the Maldives said on Wednesday they had arrested four people over the killing of a lawmaker, whose stabbing has raised tension in the politically restive nation of 330,000 Sunni Muslims.   Three men and a woman were detained and were undergoing questioning in connection with Tuesday's killing of Afrasheem Ali, an MP from the Progressive Party of Maldives, police spokesman Hassan Haneef told AFP.   "This is the early stage of the investigation and we have ...
Kyrgyz police disperse gold mine protest   BISHKEK: Kyrgyz police on Wednesday dispersed an angry protest led by a fiery nationalist opposition leader demanding the nationalisation of a major gold mine owned by a Canadian mining company. Some 1,000 people led by nationalist opposition Ata-Zhurt party leader Kamchybek Tashiev massed in Bishkek's central Ala-Too square to demand the nationalisation of the Kumtor mine but were met by even greater numbers of body-armoured police.   A few dozen protestors broke through the perimeter security to head ...
Ferry crash raises Hong Kong harbour questions  HONG KONG: Hong Kong has thrived as Asia's throbbing transport hub, but a deadly ferry accident on the busy National Day holiday has raised questions about safety on the city's frenetic harbour.   A total of 37 people were killed and scores injured when a passenger ferry collided near Lamma island with a vessel carrying company employees on a pleasure cruise to watch holiday fireworks on Monday evening.   It was the deadliest maritime accident in the territory since ...
Three NATO soldiers killed in Afghan blast: ISAF  KABUL: An explosion in eastern Afghanistan killed three NATO soldiers on Monday, the US-led International Security Assistance Force (ISAF) said.   An Afghan police spokesman said the blast was a suicide attack on an ISAF patrol in Khost city and that several civilians had also been killed.   Copyright AFP (Agence France-Presse), 2012 ...
US soldier, civilian, killed in Afghan KABUL: Two Americans were killed in the latest attack by a member of the Afghan security forces, as US military deaths reached or neared 2,000 since the start of the war in Afghanistan in 2001. A US official, who asked not to be identified, confirmed on Sunday that an American soldier and a civilian contractor were killed in Saturday's attack in eastern Afghanistan. It was the latest setback after the United States said joint operations with Afghan ...
Iran jury finds Reuters guilty over ninja report TEHRAN: An Iranian jury on Sunday found the international news agency Reuters guilty of the crime of "propaganda against the regime" for a report early this year mischaracterising female ninja students as assassins, media said. Reuters was also found guilty of "publishing false information in an effort to disturb public opinion" over the ninja report that was published in February, Iran's official Islamic Republic News Agency said, quoting the Tehran prosecutor's office. The judge of the Tehran ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln