News
Wednesday, 16 May 2012 17:35
Bangladesh denies bail to 33 opposition leaders
Dhaka – Police used batons to disperse stone-throwing opposition supporters outside a court in Bangladesh's capital Wednesday after a judge denied bail to 33 senior opposition members charged with involvement in an arson attack during an anti-government strike last month, witnesses said.
Wednesday, 16 May 2012 17:35
Indian rupee hits record low; more falls seen
Mumbai – The Indian rupee hit a record low against the dollar on Wednesday, succumbing to the steep risk aversion hitting global markets and highlighting the vulnerabilities of a country facing challenging fiscal and economic outlooks.
Wednesday, 16 May 2012 17:34
Pakistan: Two killed, seven injured in Karachi firing, hand grenade attack
Karachi – One person was killed and two others injured in incidents of firing in Pakistan’s port city, Karachi on Wednesday.
Wednesday, 16 May 2012 17:34
Pakistan – KSE-100 index down over 214 points in mid-day trade
Karachi – The KSE-100 index lost 214.26 points in mid-day trade, displaying extremely bearish sentiments with the feeler of a large correction.
Wednesday, 16 May 2012 17:34
Pakistani parties react to Islamabad’s plan to reopen NATO routes
Islamabad – Pakistan's top opposition parties have warned the government against reopening supply routes to the US-led military forces in Afghanistan.
Wednesday, 16 May 2012 17:33
India, Pakistan discuss agenda of bilateral talks
New Delhi – Pakistan High Commissioner Shahid Malik Tuesday met India's Home Secretary R K Singh and discussed with him various aspects of the proposed meeting during which an accord for a liberalised visa regime is expected to be inked.
Wednesday, 16 May 2012 17:32
India: Sensex closes just above16k
Mumbai – Stock markets tanked on Wednesday with Bombay Stock Exchange benchmark Sensex shedding over 350 points to trade below 16,000 level intra-day but it managed to close at 16,030.09, still a hefty loss of 298.16 points, as the rupee plunged to record lows.
Wednesday, 16 May 2012 17:32
Sri Lanka main opposition party to support the government to resolve ethnic issue
Colombo – Sri Lanka's main opposition United National Party (UNP) says that it will extend its full support to the parliamentary select committee (PSC) proposed by the government to formulate a political solution to address the ethnic issue if the government showed its commitment to the process and creates a…
Wednesday, 16 May 2012 17:31
Nepali parties finalise constitutional deal
Kathmandu – Less than two weeks before the term of the Constituent Assembly expires, Nepal's political parties have finally reached an agreement on the major contentious issues related to the future of the state structure. The Unified Communist Party of Nepal (Maoist), Nepali Congress (NC), Communist Party of Nepal (Unified…
Tuesday, 15 May 2012 13:51
Four killed in Pakistan attacks
Islamabad – At least four people including two Policemen have been killed and three others wounded during two gun attacks in eastern and southwestern Pakistan.
Tuesday, 15 May 2012 13:50
Indian defence ministry denies report on troop pull back
New Delhi – The Indian defence ministry denied a report published in a Pakistan-based newspaper saying that the country had agreed to pull back troops from the India-Pakistan border as part of an agreement between the two countries, The Economic Times said in a report published Tuesday.
Tuesday, 15 May 2012 13:49
Pakistan suggests it may reopen NATO supply routes
Islamabad – Pakistan's foreign minister has suggested that Islamabad may reopen supply routes for foreign forces in Afghanistan, which were closed due to cross-border strikes last year on Pakistani soldiers.
Tuesday, 15 May 2012 13:48
India: Sensex recovers by 65 points after hitting 17-week lows
Mumbai – The Bombay Stock Exchange (BSE) benchmark sensex recovered nearly 65 points in a mixed late morning trade after hitting 17-week lows in view of buying in capital goods, IT and banking counters despite selling in auto and realty counters.
Tuesday, 15 May 2012 13:47
Europe debt crisis hurts Bangladesh's exports
Dhaka – Bangladesh's exports in April fell 7.13 percent from a year earlier to $1.89 billion, the Export Promotion Bureau said, more evidence that the euro zone debt crisis is affecting the country's economy.
Tuesday, 15 May 2012 13:46
India to oppose EU’s climate protocol move
New Delhi – In climate talks beginning on Monday in Bonn, India will oppose the EU's move to start negotiations on the draft of a new climate protocol in 2012 itself.
