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Modi, in rock star US debut, vows to make India proud NEW YORK: Indian Prime Minister Narendra Modi basked in a rock star US welcome as he vowed to build a strong, confident country ahead of his first White House summit Monday.In a massive show of support for a right-wing leader once shunned by Washington, some 18,500 people of Indian origin from across the United States and Canada packed Sunday into New York's Madison Square Garden, where they chanted his name and wore T-shirts bearing his picture.Modi, who Monday will enjoy a red carpet welcome at the White House, renewed campaign pledges to unlock India's economic potential by streamlining bureaucracy. He hailed Indian Americans for showing an example through their professional successes."There was a time when people thought that we were a country of snake-charmers," Modi said. "Our people used to play with snakes, but now they play with the mouse -- and that mouse makes the whole world run."Modi promised ...

Jailed India ex-film star politician replaced as chief minister BANGALORE: Former film star Jayalalithaa Jayaram, one of India's most colourful and controversial politicians, was replaced as head of a southern state on Sunday after she was jailed in a corruption case, reports said.Jayalalithaa, 66, who enjoys a cult following in the southern state of Tamil Nadu that she has long governed, was jailed for four years on Saturday over the case that has lasted nearly two decades.A judge in the southern city of Bangalore ...
Afghan security forces battle Taliban offensive: officials KABUL: Afghan security forces on Saturday fought back against a major Taliban offensive in the east of the country after the militants killed up to 100 security personnel and civilians, beheading 12 of them, officials said.This summer's fighting season has seen worsening violence with the Taliban gaining ground in several provinces as US-led NATO troops withdraw and the government in Kabul deadlocked over disputed election results.A series of coordinated attacks in the last week have ...
Erupting Japan volcano leaves seven unconscious, 250 stranded TOKYO: A Japanese volcano erupted on Saturday, spewing ash and small rocks into the air and leaving seven people unconscious, eight seriously injured and more than 250 stranded on the mountain, officials and media said.A thick, rolling, grey cloud of ash rose into the sky above Mount Ontake close to where TV footage showed hikers taking pictures. Trekkers and residents were warned of falling rock and ash within a radius of four km (two and ...
White tiger kills schoolboy in New Delhi zoo NEW DELHI: A white tiger mauled to death a school student in a New Delhi zoo on Tuesday, an official and a witness said.Television channels broadcast closed-circuit footage of the frightened boy inside the tiger's enclosure in the zoo that houses six white tigers, along with lions and panthers."We are all in a complete state of shock," said Amitabh Agnihotri, the director of the National Zoological Park in the Indian capital, adding that the body ...
Tibetan man self-immolates in China: reports BEIJING: A Tibetan man has burned himself to death in northwest China, overseas media and a campaign group reported on Monday, the latest in a string of self-immolation protests in recent years against Beijing's control.Student Lhamo Tashi died after setting himself on fire in front of a police station in Hezuo county, a Tibetan-populated area of Gansu province, the Britain-based Free Tibet group said, citing locals.At least 130 Tibetans have set themselves alight in China ...
Indian finance minister back in hospital for check-up NEW DELHI: Indian Finance Minister Arun Jaitley has returned to hospital for a check-up after an operation to treat his diabetes, his doctor said on Monday, adding that the minister was doing well and should leave soon.Jaitley had to skip a meeting of finance ministers from the Group of 20 nations in Australia last weekend after gastric bypass surgery to treat weight gain he has suffered because of a long-standing diabetic condition.The 61-year-old lawyer, who ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln