Gold drops over 20 per cent, falls into bear market territory
April 13, 2013
LONDON: Gold fell below $1,500 per ounce on Friday, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time since last May.
A fall below this key area of support at $1,521 an ounce could signal further losses are on the way, according to analysts.
US, China agree on North Korea denuclearization push
April 13, 2013
BEIJING: The United States and China agreed on Saturday to make a joint effort to push for the peaceful denuclearization of the Korean peninsula, following weeks of bellicose rhetoric from North Korea and rising tensions in northeast Asia.
Lion Air plane crashes into sea in Bali, 22 hurt
April 13, 2013
BALI (Indonesia): A Lion Air plane carrying more than 100 passengers and crew overshot a runway on the Indonesian resort island of Bali on Saturday and crashed into the sea, injuring nearly two dozen people, officials said.
Russia bans 18 Americans after similar US move
April 13, 2013
MOSCOW: Russia has banned 18 Americans from entering the country in response to Washington imposing sanctions on 18 Russians for alleged human rights violations.
Daredevils slump to their fourth straight defeat
April 12, 2013
Brief Scorecards: Sunrisers Hyderabad 115 for 7 (Sangakkara 28, Mishra 16*) beat Delhi Daredevils 114 for 8 (Jadhav 30*, Steyn 2-11) by three wickets
Pakistani leader denies British cash is being used to buy votes
April 12, 2013
Opposition parties are accusing members of the Pakistan People’s Party of buying votes by giving out aid to more than seven million families; however, officials maintain the Benazir Income Support Program is not meant to be a political tool.
Benazir Bhutto Returns To Pakistan
‘Wife-swapping’ controversy: Antony orders dismissal of tainted officer
April 12, 2013
NEW DELHI: Even as a controversy raged over 'wife-swapping' charges in navy's southern command in Kochi, defence minister A K Antony today ordered the dismissal of a naval officer after he was found guilty of having illicit relations with the wife of his superior.
Low enrollment in higher education worrisome: President
April 12, 2013
New Delhi — President Pranab Mukherjee Friday expressed concern over India's low enrollment rate of youths in higher education as compared to Germany and the US.
Twin Papers Prove Power of Print for DC-Area South Asians
April 12, 2013
By Jassamine Price (Student at American University) for NAM
WALDORF, MD — Rajan George, editor-in-chief of India This Week and Express India.
Editor Rajan George in the India This Week and Express India office.
India’s industrial output barely rises as gloom mounts
April 12, 2013
In another sign of the weakening Indian economy, the nation's industrial production rose just 0.6 percent in February from a year earlier. India's Congress-led government, has been battered by a spate of corruption scandals and is keen to revive economic growth before facing voters in elections due in early next year.
