India to review gold import curbs by March end: Chidambaram

India to review gold import curbs by March end: Chidambaram

chidThe government will, by March end, review and may revisit some of the restrictions imposed on gold imports, Finance Minister P. Chidambaram said Monday. Addressing an event to mark the International Customs Day here, Chidambaram hinted at easing the curbs on gold imports if there is a firm grip on the current account deficit (CAD). […]

UN Security Council says no to ransom to terrorists

UN Security Council says no to ransom to terrorists

The UN Security Council Monday adopted a resolution calling on all countries not to pay ransom to terrorists in incidents of kidnapping and hostage-taking, Xinhua reported. In the unanimously approved resolution, the Security Council expressed its determination to prevent kidnappings and hostage-takings committed by terrorist groups and to secure the safe release of hostages “without […]

Pakistan raises pet peeves about India with US

Pakistan raises pet peeves about India with US

ndiPakistan opened the US-Pakistan strategic dialogue resumed after a gap of three years with a complaint that its “legitimate concerns” are not conveyed to India with the same intensity as New Delhi’s to Islamabad. Meeting US Secretary of State John Kerry at the State Department Monday, Pakistan Prime Minister’s advisor on National Security and Foreign […]

World Bank to invest $2 bn in Myanmar

World Bank to invest $2 bn in Myanmar

On his first visit to Myanmar, World Bank President Jim Yong Kim Sunday announced that the WB Group plans to invest $2 billion in a multi-year development programme for the country, Xinhua reported. The plan will include projects that dramatically improve access to energy and health care for poor people and support other key government […]

Japan, India to hold talks on defence, trade during Abe visit

Japan, India to hold talks on defence, trade during Abe visit

Japanese Prime Minister Shinzo Abe arrives Saturday on a brief but hectic official visit that would see him hold talks with his Indian counterpart Manmohan Singh on trade and investment and defence cooperation besides regional and global issues. Abe, who arrives Saturday afternoon, will hold annual bilateral summit talks with Prime Minister Singh within hours […]

6.5 magnitude earthquake strikes off Indonesia

6.5 magnitude earthquake strikes off Indonesia

A 6.5 magnitude earthquake struck off Indonesia’s island of Java Saturday, causing damage to houses, an official said here. The earthquake struck at 12.14 p.m., with its epicentre at 104 km southwest of Java at a depth of 48 km under seabed, an official of the Meteorology and Geophysics Agency told Xinhua. The quake was […]

Australia sets agenda for G20 in Davos

Australia sets agenda for G20 in Davos

As the chair of the G20 this year, Australia would try to help promote global growth, said Prime Minister Tony Abbott Thursday, setting four priorities for the group in the new year. “Economic growth is the result of global conditions as well as domestic policies,” said Abbott in a written message posted on the website […]

US drone strike kills four in Yemen

US drone strike kills four in Yemen

A US drone strike hit a group of people driving a car in Yemen’s central province of Marib Thursday night, killing at least four people and injuring several others, a Yemeni interior ministry official said. “Four people were killed in the US drone strike which took place Thursday night in coordination with the Yemeni interior […]

French naval ship rescues hijacked Indian sailors

A French naval ship intercepted a hijacked Indian dhow near the Gulf of Aden and rescued its 11-member crew, an official said Wednesday. On Jan 18, French landing platform dock Siroco, flagship of the EU Naval Force Atalanta, released the Indian crew and arrested five suspected pirates holding the crew hostage, a statement from the […]