Just in:  

You are here: Home»World»South Asia

South Asia


Indian president slams nation's failures NEW DELHI: President Pranab Mukherjee gave a stern assesmement of India 65 years after it declared itself a republic, criticising parliamentary dysfunction and the overuse of decrees in a message that might also resonate with his visitor, US President Barack Obama.In a Republic Day address on the eve of the celebrations, India's largely ceremonial president was also scathing about rampant violence against women in the world's second most populous nation.Mukherjee said the opposition should debate laws responsibily rather than disrupting the houses of parliament, and warned Prime Minister Narendra Modi's government against governing by decree.He was referrring to 10 "ordinances" issued by Modi, including ones to raise the foreign investment limit in insurance, auction coal mines and ease land acquisitions."Enacting laws without discussion impacts the law-making role of the parliament. It breaches the trust reposed in it by the people," Mukherjee said in a televised address on Sunday."This is neither ...

Rain on India's parade, but Obama visit keeps spirits high NEW DELHI: Rain threatened to dampen the excitement around US President Barack Obama's landmark visit to India as thousands of troops prepared on Monday for a dazzling military parade where he will be the chief guest.The first US president to attend the annual show of military might that was long associated with the anti-Americanism of the Cold War, Obama spent the first day of his visit on Sunday bonding with Prime Minister Narendra Modi and ...
Thirty-four die in Bangladesh vote protest violence DHAKA: At least 34 people have died in Bangladesh and scores have been injured, most of them in firebomb attacks, amid rising political unrest fuelled by a stand-off between Prime Minister Sheikh Hasina and the main opposition leader.The renewed political turmoil could cause a delay in shipments by the country's $24-billion garment industry, already under pressure after a string of fatal accidents.Begum Khaleda Zia, whose opposition Bangladesh Nationalist Party (BNP) boycotted the election on Jan. ...
Iran offers condolences to Saudi after king's death TEHRAN: Iranian officials offered condolences Friday to Saudi Arabia upon the death of King Abdullah, with one former president wishing Riyadh's new leader "success in consolidating the unity of the Islamic world." Iran said Foreign Minister Mohammad Javad Zarif would take part in an official ceremony in the Saudi capital on Saturday, without giving further details.Ex-president Akbar Hashemi Rafsanjani, meanwhile, known for his strong personal relations with the kingdom, called the country a friend and ...
Modi launches campaign to tackle India's dwindling number of girls NEW DELHI: Prime Minister Narendra Modi condemned the blight of India's dwindling number of girls on Thursday, launching a campaign to address the problem the United Nations has said amounts to a national emergency."In our neighbourhood, girls are commonly killed in their mothers' wombs and we don't feel the pain," Modi said in a speech in the northern state of Haryana."We don't have a right to kill our daughters," he said.Despite being banned, selective abortion ...
Obama to join Modi on radio phone-in during India trip NEW DELHI: US President Barack Obama will co-host Indian Prime Minister Narendra Modi's regular monthly radio phone-in show next week as part of his packed three-day visit to New Delhi.The announcement was made in a tweet by Modi, who called on listeners to send in their questions for the January 27 edition of 'Mann ki Baat' ('From the Heart'), which is usually in Hindi."This month's 'Mann Ki Baat' episode will be a special one, where ...
Roadside bomb kills eight Afghan civilians: officials GHAZNI: At least eight civilians including women and children were killed when their van struck a roadside bomb in southern Afghanistan on Tuesday, officials said.The incident occurred in the Jaghuri district of Ghazni province, Deputy Provincial Governor Mohammad Ali Ahmadi told AFP.It comes weeks after the NATO combat mission which began in 2001 was downgraded to support and training duties to help the Afghan army and police."Eight civilians, including one woman and a child, were ...


Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln