October 24, 2012
Indian Prime Minister Manmohan Singh has said the country's faltering economy should be able to grow at least eight percent a year even when global conditions are poor.
The Indian economy expanded at near double-digit rates between 2005 and 2011, but the International Monetary Fund forecasts just 4.9 percent growth in the current fiscal year.
October 24, 2012
A US drone strike Wednesday killed 3 in the North Waziristan tribal district, a stronghold of Taliban and Al-Qaeda-linked militants. The area has been hit by unmanned US drones three times in the last month.
October 24, 2012
Senior Indian Minister Kapil Sibal has sought to allay fears among overseas Indians about a proposed taxation law and his government has issued a new rule for issuing Tax Residence Certificates to non-residents.
During a recent visit to the Gulf, Sibal met members of the Indian community and assured them that certain residency conditions in the proposed Direct Tax Code (DTC), which NRIs have described as harsh and impractical, would be reconsidered.
October 24, 2012
The number of families refusing the polio vaccination in Pakistan has dropped dramatically. Prominent Muslim leaders have been telling parents to reject the vaccination for their children, claiming it is a Western conspiracy to reduce the population of Muslims.
October 24, 2012
Washington: Dinesh D'Souza, the Indian-American evangelical scholar behind a high-grossing film that condemns US President Barack Obama, has said that his future is up in the air after he resigned as head of a New York Christian college following allegations of marital infidelity.
October 24, 2012
Girls should be banned from owning mobile phones to stop them eloping, an Indian MP has said.
October 23, 2012
MUMBAI: India lags behind neighbors Sri Lanka, Bangladesh and Nepal in the rankings on ease in doing Business, despite carrying out most reforms since 2005, a survey by International Finance Corporation, the private sector lending arm of World Bank shows.
October 23, 2012
Work on the proposed second sea-link in the country, Mumbai-Trans Harbour Link (MTHL) is expected to get underway from January 2013, following a green signal by the government, an official said in Mumbai on Tuesday.
Mumbai-Trans Harbour Link (MTHL) cleared by government
October 23, 2012
India's aviation minister on Monday virtually sounded the death knell for the cash-strapped Kingfisher airline, saying it would be "very difficult" for the ailing carrier to resume operations.
Kingfisher flight operations halted with licence suspension
October 23, 2012
Washington: Superman's alter ego Clark Kent will give up being a mild-mannered reporter, to become a snarky blogger, when he quits his post at the Daily Planet in the new issue, it has been revealed.
