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India to appeal Italian court setback over helicopter deal NEW DELHI: The Indian defence ministry Tuesday said it will appeal against an Italian court order rejecting its request to recover some $387 million in bank guarantees over a scrapped helicopter deal.India had cancelled the deal with the Italian-owned AgustaWestland in January to buy 12 luxury helicopters amid allegations that the company paid bribes to win the 556-million-euro ($753 million) contract.On Monday, a court in Milan ruled in favour of AgustaWestland, preventing India from encashing guarantees of more than 278 million euros ($387 million), a statement from Agustawestland's parent company Finmeccanica said.The Indian defence ministry responded by stating that it "will be filing an appeal against the order"."Simultaneously, the government will vigorously pursue all options for encashment of the bank guarantees," a statement from the Indian defence ministry said..India had suspended the contract in 2013 after Italian investigators began looking into accusations that AgustaWestland paid bribes to win the contract ...

Australia launches 'needle in haystack' plane search SYDNEY: Australian authorities said on Tuesday they had begun searching 600,000 square kilometres (230,000 square miles) of the remote Indian Ocean for missing Malaysia Airlines flight MH370, and conceded it was like looking for a needle in a haystack.The Malaysian government has revealed it believes the jet was deliberately diverted and flew for several hours after leaving its scheduled flight path -- either north towards Central Asia, or towards the southern Indian Ocean.Authorities in Kuala ...
China denies mistreating dead dissident BEIJING: China on Monday said it had respected the rights of a dissident activist who died under detention, provoking outrage from her lawyer who maintains police denied her medical treatment for months.Cao Shunli, 52, died on Friday after police detained her and denied her medical treatment for several months after she fell ill, her brother and lawyers acting on her behalf told AFP.Countries including the US, Britain, France and Canada expressed concern at Cao's death, ...
Brazilian truckers clash with riot police SAO PAULO: Buildings were set ablaze and tear gas fired when protesting truckers clashed with riot police on Friday at a major Sao Paulo market area over the introduction of paid parking."Some 300 people set fire to two vehicles and pieces of wood used to carry fruit," said a spokesman for the military police in Brazil's largest city. "Four battalions of riot police were mobilized on site. The situation is back under control."Police fired tear ...
India court upholds death sentence for Delhi gang-rapists NEW DELHI: An Indian court upheld Thursday the death penalty handed to four men convicted of the fatal gang-rape of a student in New Delhi, an attack that triggered protests over violence against women.The High Court rejected an appeal by the four who were sentenced last year to hang following a trial over the attack on the 23-year-old student on a moving bus in the capital in December 2012. A lawyer for the four said ...
India minister vows revenge after deadly Maoist attack NEW DELHI: India's home minister on Wednesday vowed to exact revenge for a deadly ambush by Maoist rebels, as undercover agents tried to track down the attackers in their forest hideouts."The way our soldiers have lost their lives, we will definitely take revenge for this," Sushilkumar Shinde told reporters on a visit to the central state of Chhattisgarh, a day after the attack which left 16 dead.Shinde said members of India's National Investigation Agency (NIA) ...
Kabul victim was Swedish-British journalist: Swedish ambassador KABUL: Swedish radio journalist Nils Horner, who also held British citizenship, was shot dead in Kabul on Tuesday morning by an unknown gunman, the Swedish ambassador in the Afghan capital told AFP."Unfortunately we just have received confirmation that Nils Horner, who was correspondent for Swedish national radio, was shot and killed in Kabul this morning," ambassador Peter Semneby told AFP."We understand he had British nationality in addition to his Swedish nationality. His family has been ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
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MonthlyFebruary
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