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India, US breakthrough breathes 'new life' into trade talks: WTO chief BRISBANE: World Trade Organization Secretary-General Roberto Azevedo on Friday said recent developments including the resolution by India and the United States of a row over food subsidies had revived the organisation."I commend the leadership that has been shown on all fronts in recent days, it certainly has breathed new life into the WTO," he told reporters at the G20 in Brisbane.Copyright AFP (Agence France-Presse), 2014 ...

Eight Indian women die, dozens critical after mass sterilisation RAIPUR: Eight women have died in central India and dozens more are in hospital, many in a critical condition, after a state-run mass sterilisation, a local official said Tuesday."Since Monday eight women have died and 64 are in various hospitals," said Sonmani Borah, a government official in the state of Chhattisgarh where the sterilisation camp was held.Copyright AFP (Agence France-Presse), 2014 ...
Child labour: Ice cream is a job, not a treat, for Afghan girl HEART: The gaggle of girls outside a school in Herat are all about the same age, but one of them sticks out.Fatima, eight, isn't wearing a neat black and white uniform, or laughing and playing with classmates.She is hard at work, selling ice creams to the other girls from her small cart as she tries to make enough money to feed her disabled father and the rest of her family.Fatima yearns to go to school ...
India's Modi names yoga minister in major reshuffle NEW DELHI: Indian Prime Minister Narendra Modi has appointed a yoga minister as part of a major revamp of his government after storming to power in May.Hindu nationalist Modi, a vegetarian who practises yoga daily, strengthened his right-wing government on Sunday by appointing 21 new ministers as he tries to speed up reform of the faltering economy.Among the portfolios designated late Sunday was that of AAYUSH, whose minister will be charged with promoting the traditional ...
Taliban bombs kill at least 10 police in Afghanistan KABUL: Bombs exploded in three cities in Afghanistan on Monday killing at least 10 policemen, officials said, a day after a Taliban suicide bomber blew himself in Kabul's police headquarters killing one person.The Taliban were ousted from power in 2001 by U.S.-led forces and they have been fighting ever since to oust foreign troops and the U.S.-backed government, even as most foreign forces are pulling out by the end of this year.The militants claimed responsibility ...
China president says risks to economy ‘not that scary’ BEIJING: The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping told global business leaders on Sunday to dispel worries about the world's second-largest economy.In a speech to chief executives at the Asia Pacific Economic Cooperation (APEC) CEO Summit, Xi said even if China's economy were to grow 7 percent, that would still rank it at the forefront of the world's ...
India's finance minister vows to push land purchase reform NEW DELHI: India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.Jaitley said changes to the law were needed to fulfil Prime Minister Modi's vision of building 100 new "smart" cities across India."Some changes will be necessary, we will first attempt to reach a consensus, if that's not possible we will ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln