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India, Australia to sign nuclear deal as Abbott visits MUMBAI: Australian Prime Minister Tony Abbott arrived in India on Thursday to sign a long-awaited deal to sell uranium to his energy-starved hosts and strengthen ties.Abbott is expected to meet new Indian Prime Minister Narendra Modi and senior ministers during a two-day visit also aimed at boosting trade."We expect significant outcomes from the visit to further enhance our partnership," said Sanjay Bhattacharya, Indian foreign ministry joint secretary, on the eve of Abbott's arrival."For us, Australia is a major supplier of resources, particularly energy necessary for our development needs."India and Australia kick-started negotiations on uranium sales in 2012 after Canberra lifted a long-standing ban on exporting the valuable ore to Delhi to meet its ambitious nuclear energy programme. Australia, the world's third-largest producer of uranium, had previously ruled out selling the metal because nuclear-armed India has not signed the Nuclear Non-Proliferation Treaty.Trade Minister Andrew Robb, who is travelling with Abbott, said ...

Central Africa attack kills at least five: peacekeepers BANGUI: At least five people were killed during an attack by armed men on a northern town in the Central African Republic, a source in the African peacekeeping force said Wednesday.Heavily armed men believed to be ex-Seleka rebel fighters stormed Nana Bakassa, 300 kilometres (185 miles) north of the capital Bangui on Tuesday, an officer with the MISCA force told AFP."We provisionally counted five dead and others wounded," with people targeted on the streets and ...
Robin Hood monkey showers Indian town with cash SHIMLA: A monkey sparked a dash for cash in a northern Indian town when he showered banknotes from a rooftop, witnesses told AFP on Tuesday.Passersby in the hill town of Shimla spotted the monkey with a bundle of notes on Sunday after it broke into a construction site in search of food.Finding nothing to munch on, it stole 10,000 rupees ($165) that a contractor had planned to pay his labourers, according to the Amar Ujala ...
Iran unveils new missile, radar systems TEHRAN: Iran unveiled a new surface-to-air missile Tuesday and two radar systems it said would improve its defences against "enemies".The military ceremony came just one week after Iran said it downed an Israeli spy drone that had reportedly been deployed above the Natanz uranium enrichment site in central Iran.The Talash-3 (Effort-3, in Persian) missile is capable of hitting targets at higher altitudes than previously possible, said General Farzad Esmaili, Iran's aviation defence commander, without stating ...
India's financial hub Mumbai hit by big power cuts MUMBAI: Power cuts hit large areas of Indian financial capital Mumbai on Tuesday following a technical glitch at an electricity generation unit, but back-up generators at banks and brokerages ensured that financial business was largely unaffected.Tata Power Company Ltd said the cuts, which began at 0945 IST in Mumbai, were caused by a technical fault at one of its units and forced it to switch off power to some areas of the city, including some ...
New village toilets a small step for poor Indian women KATRA SHAHADATGANJ: Decorated with marigolds and ribbons, 108 toilets unveiled in a tragedy-hit village are a small step in Prime Minister Narendra Modi's push to end open-air defecation for impoverished Indian women.The spotlessly clean toilets were donated on Sunday to the village in northern Uttar Pradesh state, where scared and vulnerable women had long been forced to trek nightly into the fields to relieve themselves."I believe no woman must lose her life just because she ...
China slams door shut on full Hong Kong democracy in 2017 vote BEIJING/HONG KONG: China's parliament said on Sunday it will tightly control the nomination of candidates for a landmark election in Hong Kong in 2017, a move likely to trigger mass protests in the city's Central business district by disappointed democracy activists.The Standing Committee of the National People's Congress (NPC) said it had endorsed a framework to let only two or three candidates run in a 2017 vote for Hong Kong's next leader. All candidates must ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln