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India Finance Minister allocates 331.5bn rupees for health sector NEW DELHI: India will allocate 331.5 billion Indian rupees ($5.38 billion) to the country's health sector, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.Copyright Reuters, 2015 ...

India to spend $40bn on defence in 2015/16 NEW DELHI: India plans to spend 2.46 trillion rupees ($40 billion) on the defence sector in 2015/16, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.Copyright Reuters, 2015 ...
India economic growth to top 8pc in 2015-16 MUMBAI: India's economy will grow at a rate of more than 8 percent in the 2015/16 fiscal year while consumer inflation will drop to between 5 and 5.5 percent, a government economic report said.The report also indicated India can increase public investments and still hit its borrowing targets, while saying the country needed to adhere to its medium-term fiscal deficit target of 3 percent of gross domestic product.The economic survey is the government's statement of ...
New Iran reformist party sets sights on legislative polls TEHRAN: A new Iranian political party with social democratic leanings opened its first congress Thursday, aiming to lead reformists to victory in the Islamic republic's legislative elections next year.Reformists suffered a serious setback after Mahmoud Ahmadinejad was re-elected president in 2009 in polls that losing candidates Mir Hossein Mousavi and Mehdi Karroubi claimed were fraudulent.The authorities crushed massive demonstrations that erupted in protest, both men were placed under house arrest and their parties banned.Reformists virtually ...
Iran military helicopter crash kills three TEHRAN: An Iranian military helicopter crash on Thursday north of Tehran killed all three people on board, media reported, quoting a local official."Initial information indicates that the helicopter belonged to the air force and that the three crew members on board were killed," said Fars news agency, quoting the governor of the Shemiranat region, Ezzatollah Khanmohammadi.He said the afternoon crash was probably due to heavy snow storms that battered the region all the way to ...
Top opposition Bangladesh politician abducted amid unrest DHAKA: A prominent Bangladesh opposition politician was abducted on Tuesday, allegedly by police, days after he appeared to say he was open to seeking military intervention to end the country's deadly political crisis.The family of Mahmudur Rahman Manna, 63, who has been trying to forge an alternative third political force in Bangladesh, said he was picked up by plain-clothed police officers from his niece's home in the capital Dhaka."There were four to five men. They ...
Japan Inc shops abroad to duck bleak domestic prospects TOKYO: With shrinking prospects at home and the threat of further yen weakness, Japanese companies are rushing to buy overseas and seem willing to pay top dollar, as shown by Japan Post's $5 billion bid for Australia's Toll Holdings.Over the long term, Japan's demographics give a bleak prognosis for domestic demand; the population has been falling for a decade and is projected to drop from 127 million to 87 million by 2060, 40 percent of ...


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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 $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln