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Azerbaijan buys 10 tonnes of gold


September 19th, 2012 - 1:16 pm ICT by IANS
Baku, Sep 19 (IANS) The Azerbaijan State Oil Fund has bought 10 tonnes of gold to increase the diversification and profitability of its investment portfolio, the Fund's CEO Shakhmar Movsumov ... Read more...

Posted in Business |

Be prepared for combat: Chinese general


September 14th, 2012 - 1:18 pm ICT by IANS
Beijing, Sep 14 (IANS) A senior Chinese general has urged the army not to be slack and be prepared for any possible military combat. The remark comes amid rising tensions ... Read more...

Posted in World |

Pakistani gunned down in Copenhagen


September 12th, 2012 - 7:51 pm ICT by IANS
Copenhagen, Sep 12 (IANS) A 48-year-old man of Pakistani ethnicity was Wednesday killed in a brutal street shooting in the Danish capital, Xinhua reported.Police said the murder was committed in ... Read more...

Posted in World |

Government forces, rebels clash in Myanmar’s jade mining area


August 31st, 2012 - 10:30 pm ICT by IANS
Yangon, Aug 31 (IANS) Myanmar government forces and Kachin Independence Army (KIA) rebels have exchanged fire in Pha-Kant jade mining area in the country's northernmost Kachin state over the past ... Read more...

Posted in Uncategorized |

African central bank governors seek monetary integration


August 31st, 2012 - 1:38 pm ICT by IANS
Algiers, Aug 31 (IANS) African central banks' governors have called for speeding up of the process of monetary integration in Africa as a step towards achieving the goals of creating ... Read more...

Posted in Business |

Suspense over Virbhadra as Himachal Congress chief


August 25th, 2012 - 12:30 am ICT by IANS
New Delhi, Aug 24 (IANS) Suspense over appointment of former union minister Virbhadra Singh as the Congress chief in poll-bound Himachal Pradesh continued Friday with supporters saying that the ... Read more...

Posted in Politics |

Sharad Pawar dissolves Meghalaya NCP unit


August 25th, 2012 - 12:00 am ICT by IANS
Shillong, Aug 24 (IANS) Nationalist Congress Party (NCP) chief Sharad Pawar Friday dissolved the party's Meghalaya unit after his 12 legislators in the state joined the National People's Party (NPP), ... Read more...

Posted in Politics |

Nupur Talwar’s plea rejected


August 23rd, 2012 - 8:04 pm ICT by IANS
Ghaziabad, Aug 23 (IANS) The cross-examination of a forensic expert in the Aarushi-Hemraj double murder was deferred till Friday by a special court here which also rejected accused Nupur Talwar's ... Read more...

Posted in Uncategorized |

Mexico City marathon attracts 18,000 runners


August 22nd, 2012 - 2:09 pm ICT by IANS
Mexico City, Aug 22 (IANS) The organisers of the 30th Mexico City International Marathon expect about 18,000 runners to participate in the race Sep 2.Mexico City Sports Institute (IDDF) Director ... Read more...

Posted in Sports |

Bank of Canada offers apology for ‘Asian woman’ banknote row


August 21st, 2012 - 1:50 pm ICT by IANS
Ottawa, Aug 21 (IANS) Following accusations of racism, Bank of Canada governor Mark Carney has apologized for the way in which the image of an Asian woman was eliminated from ... Read more...

Posted in World |

‘US presidential polls among world’s worst’


August 17th, 2012 - 1:20 am ICT by IANS
Mosocw, Aug 16 (IANS/RIA Novosti) Russia's election chief Vladimir Churov said Thursday that the system of US presidential elections is "one of the worst in the world"."Presidential elections in the ... Read more...

Posted in Politics |

Car bomb blast near UN hotel in Syria


August 15th, 2012 - 5:22 pm ICT by IANS
Moscow, Aug 15 (IANS/RIA Novosti) At least three people were injured when a car bomb went off Wednesday near a hotel in Damascus used by the UN monitoring mission in ... Read more...

Posted in Uncategorized |

Mexican remittances go up


August 2nd, 2012 - 1:05 pm ICT by IANS
Mexico City, Aug 2 (IANS/EFE) Mexicans living and working abroad sent home $11.85 billion in the first six months of the year, an increase of 6.2 percent from the same ... Read more...

Posted in Business |

China vows closer military ties with Afghanistan


July 28th, 2012 - 12:03 am ICT by IANS
Beijing, July 27 (IANS) China Friday called for enhanced military ties with Afghanistan.Vice Chairman of China's Central Military Commission Guo Boxiong has said that military ties have been growing steadly ... Read more...

Posted in World |

Mexico’s central bank sells $281 mn to ease volatility


July 25th, 2012 - 11:57 am ICT by IANS
Mexico City, July 25 (IANS/EFE) The Banco de Mexico said it auctioned off $281 million on the domestic market to reduce volatility in the exchange rate of the peso, which ... Read more...

Posted in Business |

‘Ramayan’ to be back on small screen


July 24th, 2012 - 7:06 pm ICT by IANS
New Delhi, July 24 (IANS) Popular mythological story "Ramayan" is set to be retold on the small screen. Zee TV has announced the re-creation of the classic and it is ... Read more...

Posted in Entertainment |

Time to frame rules to protect our fisherfolk (Comment)


July 23rd, 2012 - 1:15 pm ICT by IANS
The near-simultaneous emergence of maritime terrorism and the revival of piracy have added a new dimension to the existing hazards that have traditionally confronted those who choose a seafaring life, and ... Read more...

Posted in Uncategorized |

Brazil’s central bank cautious over fresh interest cut


July 20th, 2012 - 3:48 pm ICT by IANS
Brasilia, July 20 (IANS) Brazil's central bank has said it would remain cautious about "any additional steps toward monetary flexibility" despite extensive market expectations of a fresh rate cut.A report ... Read more...

Posted in Business |

Canadian benchmark interest rate remains at one percent


July 18th, 2012 - 1:58 pm ICT by IANS
Ottawa, July 18 (IANS) A deteriorating global economy prompted Canada's central bank to leave its benchmark interest rate unchanged at one percent Tuesday.The deceleration in growth for China and other ... Read more...

Posted in Business |

Remittances to Honduras increases


July 17th, 2012 - 11:45 am ICT by IANS
Tegucigalpa, July 17 (IANS/EFE) Family remittances sent home by Hondurans living abroad totalled $1.45 billion in the first half of this year, 2.2 percent more than during the same period ... Read more...

Posted in Business |

Indian-origin economist appointed Trinidad bank governor


July 15th, 2012 - 4:36 pm ICT by IANS
Port of Spain, July 15 (IANS) Jwala Ramberran, a 45-year-old economist of Indian origin, has been appointed by Prime Minister Kamla Persad-Bissessar as the next governor of the Central Bank ... Read more...

Posted in Business |

India’s forex reserves plunges by $336 million


July 14th, 2012 - 5:31 pm ICT by IANS
Mumbai, July 14 (IANS) India's foreign exchange reserves (forex) plunged by $336.5 million to $287.62 billion in the week ended July 6, data from India's central bank showed.The Reserve Bank ... Read more...

Posted in Business |

South Korea’s central bank cuts 2012 growth outlook


July 13th, 2012 - 2:17 pm ICT by IANS
Seoul, July 13 (IANS) The Bank of Korea (BOK), South Korea's central bank, Friday cut its 2012 economic growth outlook for the country to 3 percent from an earlier estimate ... Read more...

Posted in Business |

China’s growth at its three year low


July 13th, 2012 - 12:19 pm ICT by IANS
Beijing, July 13 (IANS) Chinese economy has recorded the lowest growth since 2009, amid concerns over slowdown of the world's second-largest economy.China's economy reported 7.6 percent of growth in the ... Read more...

Posted in Business |

South Korean central bank cuts policy rate (Lead)


July 12th, 2012 - 2:19 pm ICT by IANS
Seoul, July 12 (IANS) Bank of Korea (BOK), South Korea's central bank, unexpectedly cut its benchmark interest rate to 3 percent Thursday, lowering the 7-day repo rate for the first ... Read more...

Posted in Business |

South Korean central bank cuts key interest rate


July 12th, 2012 - 2:00 pm ICT by IANS
Seoul, July 12 (IANS) Bank of Korea (BOK), South Korea's central bank, unexpectedly cut its benchmark interest rate to 3 percent Thursday, lowering the 7-day repo rate for the first ... Read more...

Posted in Business |

Brazil cuts basic interest rate to record low


July 12th, 2012 - 1:45 pm ICT by IANS
Rio de Janeiro, July 12 (IANS) Brazil's central bank cut its benchmark Selic interest rate Wednesday by half a percentage point to a record low of 8 percent in the ... Read more...

Posted in Business |

Shettar stakes claim to form government


July 11th, 2012 - 2:46 pm ICT by IANS
Bangalore, July 11 (IANS) The Bharatiya Janata Party's (BJP) legislative leader Jagadish Shettar Wednesday staked claim to form the ruling party's third government in Karnataka. He will be sworn ... Read more...

Posted in Uncategorized |

India’s forex reserves grow by $1.36 bn


July 7th, 2012 - 4:03 pm ICT by IANS
Mumbai, July 7 (IANS) India's foreign exchange reserves (forex) grew by $1.36 billion to $289.992 billion for the week ended June 29, data from India's central bank showed.Foreign currency assets, ... Read more...

Posted in Business |

Kenya’s central bank cuts benchmark rate


July 6th, 2012 - 2:14 pm ICT by IANS
Nairobi, July 6 (IANS) Kenya's Central Bank (CBK) has reduced its interest benchmark rate (CB Rate) to 16.5 percent from 18 percent to bring inflation towards the medium-term target and ... Read more...

Posted in Business |

Mexican remittances rise


July 3rd, 2012 - 12:05 pm ICT by IANS
Mexico City, July 3 (IANS/EFE) Remittances from Mexicans living abroad climbed 7.8 percent in May compared with the same month in 2011, the central bank has said.Last month's total was ... Read more...

Posted in Business |

Brazilian central bank lowers growth forecast


June 29th, 2012 - 1:35 pm ICT by IANS
Brasilia, June 29 (IANS) Brazil's Central Bank (CB) continued its downward adjustment of projected growth, lowering its forecast for 2012 Gross Domestic Product (GDP) expansion from 3.5 percent to 2.5 ... Read more...

Posted in Business |

US top court upholds Obama’s signature healthcare law


June 28th, 2012 - 10:41 pm ICT by IANS
Washington, June 28 (IANS) In a historic verdict, the US Supreme Court Thursday upheld President Barack Obama's signature health care law, handing him a major victory in the run-up ... Read more...

Posted in Politics |

Bangladesh foodgrain imports fall


June 24th, 2012 - 7:24 pm ICT by IANS
Dhaka, June 24 (IANS) Bangladesh's foodgrain imports fell sharply by more than 50 percent year-on-year, an official said Sunday.Rice imports plunged by 56.32 percent year-on-year to $283.8 million during the ... Read more...

Posted in Business |

Chavan takes stock of Mantralaya fire


June 22nd, 2012 - 4:24 pm ICT by IANS
Mumbai, June 22 (IANS) Maharashtra Chief Minister Prithviraj Chavan, taking stock of the situation after a fire ravaged the state secretariat, Friday said all efforts will be made to normalise ... Read more...

Posted in Politics |

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