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Donald Trump says optimism returning to India under Modi MUMBAI: US property tycoon Donald Trump praised India's new prime minister on Tuesday, saying foreign investors were returning to the country after years of slowing economic growth.The developer and television star predicted that "money will pour into India" as he briefed journalists on a new luxury apartment block in Mumbai dubbed "Trump Tower"."I have not met him, but your new PM has done a fantastic job of bringing people together," he told the journalists in India's financial capital.Narendra Modi swept to power this year on a pledge to jolt the country from the economic doldrums.He won support from across India and particularly among the young, who were attracted to his record as a business-friendly administrator during his 13 years running Gujarat as chief minister."The perception about India has changed. The optimism is returning," said Trump."You can see it in our sales. We are selling units more than our own expectations."The ...

Modi makes landmark visit to IoK KARGIL: Narendra Modi travelled on Tuesday to Indian occupied Kashmir (IoK), where he will become the first Indian prime minister in 15 years to visit the Siachen glacier -- dubbed the world's highest battlefield.Modi landed in the Himalayan town of Leh on Tuesday morning, according to his official Twitter feed.He will visit troops and open two hydropower plants in the Indian occupied Himalayan region, accompanied by India's new army chief Dalbir Singh Suhag.Copyright AFP (Agence ...
‘Red tape’ should not mar India-US defence cooperation: Hagel NEW DELHI: US Defence Secretary Chuck Hagel said on Saturday that India and United States should not let "bureaucratic red tape" thwart the momentum of defence partnerships between two of the world's largest democracies.Hagel wrapped up his three-day New Delhi visit after meeting with his Indian counterpart Arjun Jaitley and Prime Minister Narendra Modi on Friday in an effort to push military trade with India's new right-wing government. "Bureaucratic red tape within either of our ...
Tibet bus accident kills 44 people, injures 11: Xinhua BEIJING: A tour bus plunged into a Tibetan valley on Saturday after hitting two vehicles, killing 44 people and injuring 11, China's official news agency Xinhua reported."The 55-seat bus carrying 50 people fell off a 10-metre-plus-high cliff after crashing into a sports utility vehicle and a pick-up truck," the report said, citing the regional government.Another five people were in the other vehicles in the accident which happened at around 4:25 pm (0825 GMT) in Nyemo ...
'Red tape' should not mar India-US defense cooperation: Hagel NEW DELHI: US Defense Secretary Chuck Hagel said Saturday that India and United States should not let "bureaucratic red tape" thwart the momentum of defence partnerships between two of the world's largest democracies.Hagel wrapped up his three-day New Delhi visit after meeting with his Indian counterpart Arjun Jaitley and Prime Minister Narendra Modi on Friday in an effort to push military trade with India's new right-wing government. "Bureaucratic red tape within either of our governments ...
Abdullah: Afghanistan entering 'a new phase' KABUL: Afghan presidential candidate Abdullah Abdullah said Saturday that his country was entering "a new phase" in an interview with AFP, raising hopes that a bitter dispute over fraud-tainted elections might soon be resolved.Abdullah and his bitter rival Ashraf Ghani vowed Friday to work together whoever becomes president in a unity government deal that was overseen by US Secretary of State John Kerry during a visit to Kabul to mediate an end to the impasse.The ...
India steps up watch for deadly Ebola virus NEW DELHI: India's airports went on alert and the government opened an emergency helpline Saturday as part of measures to tackle any outbreak of the deadly Ebola epidemic in the country of 1.25 billion people.India has nearly 45,000 nationals living in the four Ebola-affected West African nations and health officials said there was a possibility of some of them returning to their home country if the outbreak worsens.The illness was declared an international health emergency ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln