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NEW DELHI: India is likely to have normal monsoon in 2012 and the government will give a detailed region-wise forecast on Thursday, Farm Secretary P.K. Basu said on Monday. The June-September monsoon, vital for agricultural output and economic growth, irrigates around 60 percent of farms in India, the world's second-biggest producer of rice, wheat, sugar and cotton. Agriculture accounts for about 15 percent of India's nearly $2 trillion economy, Asia's third biggest. Last week a top weather official told Reuters that monsoon is likely to have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season. According to the state-run India Meteorological Department classification, rains between 96-104 percent of a 50-year average of 89 centimetres is considered normal. Copyright Reuters, 2012 ...

RAIPUR: Maoist rebels inIndia have taken a government official hostage and killed his two bodyguards in the central state of Chhattisgarh, police said Sunday, in the latest of a series of kidnappings. The guerrillas shot the two guards dead when capturing Alex Paul Menon on Saturday as he toured a village in Sukma district, 320 kilometres (200 miles) from the state capitalRaipur, police said. Menon, 32, is Sukma's district collector, a role that makes him the most ...
NEW DELHI: India is to declare tea as its national drink to celebrate the life of a pioneering tea-planter who was hanged by British colonial rulers for taking part in the rebellion of 1857. Planning Commission deputy chairman Montek Singh Ahluwalia on Saturday announced the decision while on a visit to Assam, the tea-producing northeastern state that borders on Bhutan and Bangladesh. Assam was the home state of Maniram Dewan, who is celebrated for introducing commercial tea ...
REYKJAVIK: Chinese Premier Wen Jiabao, a geologist by training, was Saturday to visit Iceland's largest geothermal plant after touring a national park and viewing one of the country's best-known geysers. The premier, who arrived Friday at the start of a European tour which will also take him to Sweden, Poland and Germany, voiced "strong support" for moves to develop geothermal energy in his own country after both countries Friday signed a cooperation deal on this issue, ...
KABUL: Afghan security forces have detained five insurgents in the capital, Kabul, with 10,000 kilograms (22,046 lbs) of explosives they intented to use in multiple attacks in crowded areas, an intelligence agency spokesman said on Saturday. "If this amount of explosives had been used, it could have caused large-scale bloodshed," National Directorate of Security spokesman Nazari, who uses one name, said.     Copyright Reuters, 2012   ...
YANGON: Myanmar opposition leader Aung San Suu Kyi and other newly elected members of her party plan to boycott parliament next week over a row about the constitutional oath, a party spokesman said Friday. It is the first sign of serious discord between Suu Kyi's National League for Democracy (NLD) and the reformist regime since April 1 by-elections that gave the former political prisoner her first-ever seat in parliament. The NLD's announcement came after the authorities rejected ...
MUMBAI: Three commuters hanging onto the outside of a train in Mumbai were killed on Thursday when they were hit by an iron pole in the latest accident on India's overcrowded railways, police said. At least 12 other people on the train were injured when they fell off between stations as passengers desperately tried to stay aboard as the engine travelled through the city's suburbs. "It appears that this unfortunate and freak incident is a result of ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln