Month: May 2019

Saudi Arabia says firm stand needed to deter Iran, Iraq demurs

MECCA, Saudi Arabia – Saudi Arabia’s King Salman told an emergency Arab summit on Friday that decisive action was needed to stop Iranian “escalations” following attacks on Gulf oil assets, as U.S. officials said a military deployment had deterred Tehran. The right of Saudi Arabia and the United […]

‘Khan Market Gang’: Modi mocks his elite adversaries

NEW DELHI – A tatty shopping centre originally built to house refugees in the heart of New Delhi has become a handy symbol for Prime Minister Narendra Modi and his supporters to rub salt in the wounds of their opponents, who just got a drubbing in India’s general […]

India’s economy seen limping behind China as Modi begins second term

NEW DELHI – India probably lost its spot as the fastest growing major economy to China in the January-March quarter as a chill in domestic and global consumer demand hit manufacturers and service providers. The slowing economy didn’t stop voters giving Prime Minister Narendra Modi a landslide victory […]

India’s Modi to name ruling party chief Shah as finance minister: media

NEW DELHI – Indian Prime Minister Narendra Modi is set to name Amit Shah, the chief of his Hindu nationalist Bharatiya Janata Party (BJP), as the country’s new finance minister after taking his oath of office for the second time on Thursday, according to several Indian media reports. […]

Sensex rises as PM Modi’s cabinet takes shape; oil marketers lead gains

Indian shares rose on Friday boosted by optimism from a newly formed cabinet with investors awaiting portfolio distribution due later in the day, while weak oil prices pushed up oil marketing companies. Prime Minister Narendra Modi took oath of office on Thursday for his second innings along with […]

Exclusive: India to see ‘big-bang’ reforms in Modi’s second term, says NITI Aayog official

NEW DELHI – In the first 100 days of Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that should please foreign investors are likely to be pursued, according to a top official at the government’s main think tank. The reforms will include changes in […]

7 dead, 21 missing after SKorean tour boat sinks in Hungary

BUDAPEST, Hungary — Rescue workers scoured the Danube River in downtown Budapest Thursday for 21 people missing after a sightseeing boat carrying South Korean tourists sank in a matter of seconds after colliding with a larger cruise ship during an evening downpour. Seven people are confirmed dead and […]

Seven South Koreans die in Budapest tourist boat tragedy

Hungarian police on Thursday launched a criminal probe into one of the country’s worst boat disasters that left seven South Korean tourists dead and 21 others still missing. The Mermaid sightseeing boat collided with a much larger passenger river cruise vessel on the Danube in the heart of […]

Pak extends closure of airspace along India till border till June 15

Islamabad, May 30  Pakistan has further extended the closure of its airspace along its eastern border with India until June 15, according to the country’s civil aviation authority. Pakistan fully closed its airspace in February after an Indian Air Force strike on a Jaish-e-Mohammed (JeM) terror camp in […]

Jaganmohan Reddy sworn in as Andhra Pradesh CM

Amaravati (AP), May 30: Y S Jaganmohan Reddy, who led his YSR Congress Party to a thumping victory in the assembly elections, was sworn in Thursday as chief minister of Andhra Pradesh. Governor E S L Narasimhan administered the oath of office and secrecy to the 46-year-old leader, whose […]

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