Just in:  

You are here: Home»World»South Asia

South Asia


India announces plans to open up foreign investment NEW DELHI: India's government Tuesday announced plans for a sweeping liberalisation of its foreign direct investment (FDI) regime, as Prime Minister Narendra Modi seeks to counter accusations his reform drive is stalling.The government said it would undertake a raft of reforms to open up 15 areas of the economy, easing the path for overseas investors in critical sectors including defence, banking and construction.It will also lift the caps on investing in certain sectors including broadcasting and air transport and will increase the use of "automatic" routes for gaining investment approval in others.India's Finance Minister Arun Jaitley said the reforms targeted New Delhi's "top priority emphasis" of making it easier for companies to do business in India, notorious for its red tape and labyrinthine regulations."In the last few months growth in India is being driven by public investment, some private investment and increased foreign direct investment," Jaitley told a press conference. ...

Iran has stopped dismantling nuclear centrifuges: senior official DUBAI: Iran has stopped dismantling centrifuges in two uranium enrichment plants, state media reported on Tuesday, days after conservative lawmakers complained to President Hassan Rouhani that the process was too rushed.Last week, Iran announced it had begun shutting down inactive centrifuges at the Natanz and Fordow plants under the terms of a deal struck with world powers in July that limits its nuclear programme in exchange for easing sanctions.Iran's hardliners continue to resist and undermine ...
India's Modi attacked by party colleagues after big poll loss NEW DELHI: Indian Prime Minister Narendra Modi is facing a mutiny from senior members of his Bharatiya Janata Party for the first time in his premiership after a humiliating election defeat in the pivotal state of Bihar exposed deep rifts over his leadership.Former deputy prime minister L.K. Advani, ex party president Murli Manohar Joshi and former finance minister Yashwant Sinha released a statement late on Tuesday questioning the direction of the party after the defeat, ...
Iran judiciary chief hits back at Rouhani TEHRAN: Iran's judiciary chief Ayatollah Sadegh Larijani reacted sharply Monday to comments by President Hassan Rouhani in which he appeared to criticise both the judiciary and some local media.The media benefits from "a permanent security margin... so that not only can they say whatever they want, but they also sometimes act like the secret police," Rouhani told representatives of around 600 media outlets in Tehran on Sunday."You learn from some publications who will be arrested ...
India's Modi urged to engage rivals after state poll drubbing NEW DELHI: Indian Prime Minister Narendra Modi will have to reverse course and engage with opposition leaders if he is to salvage his economic reform programme, senior aides said on Monday, after he suffered a humiliating state election defeat.Modi's nationalist Bharatiya Janata Party (BJP) was hammered in Bihar by a regional alliance, even though the 65-year-old leader addressed more than 30 rallies across the poor eastern state of 104 million people.The setback destroys any hopes ...
Sri Lanka minister resigns amid ‘floating armoury’ probe COLOMBO: Sri Lanka's law and order minister quit on Monday to avert a possible split in the ruling coalition government after he defended a security firm amid a probe into allegations of a "floating armoury". Tilak Marapana, an ex-attorney general handpicked by Prime Minister Ranil Wickremesinghe, last week defended private security firm Avant Garde in parliament. Police this year seized more than 3,000 weapons in 20 containers from the armoury, run by Avant Garde and ...
Iran appoints first woman ambassador since revolution TEHRAN: Iran has appointed its first woman ambassador since the 1979 Islamic revolution, naming foreign ministry spokeswoman Marzieh Afkham to head its embassy in Malaysia, the foreign minister announced on Sunday."Choosing Afkham as ambassador took a few minutes but choosing her successor took four months," Foreign Minister Mohammad Javad Zarif said at a ceremony in Tehran for the 50-year-old career diplomat who will be replaced at the ministry by a man, Jaber Ansari.Iranian media first ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

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