Category: World News

India’s war on red tape is working, says World Bank

NEW DELHI : Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World Bank said in a report on Wednesday. India rose 23 places to 77th in the World Bank’s Ease of Doing Business Index for 2019, up […]

A tough road ahead for India’s battered rupee: Reuters poll

BENGALURU : There will be little respite for the bruised Indian rupee over the coming year, depressed by an escalating U.S.-China trade war and rising domestic political risks ahead of a general election, a Reuters poll showed Investors have generally shunned emerging market assets this year, made riskier […]

Gold price increase to dampen Indian festive purchases – WGC

MUMBAI : Indian gold demand in 2018 is expected to fall from the previous year as a rally in local prices to five-year highs is likely to dent purchases during key festivals in the December quarter, the World Gold Council (WGC) said on Thursday. A fall in demand […]

Turkish prosecutor: Khashoggi strangled immediately at Saudi consulate

A Turkish prosecutor said Wednesday evidence indicates that slain Saudi journalist Jamal Khashoggi was strangled almost as soon as he walked into a consulate in Istanbul this month. Irfan Fidan, Istanbul’s chief prosecutor, said a Saudi “hit team” at the government building ultimately dismembered the dissident writer with a bone saw. Fidan […]

Trump suggests up to 15,000 troops could deploy to border

President Donald Trump on Wednesday told reporters his administration could send between 10,000 to 15,000 troops to the Southwest border, echoing Pentagon comments Tuesday that the Defense Department expects to send more than the 5,200 deployed this week. Speaking to reporters outside the White House, Trump denied suggestions that the […]

Australian nun who angered Duterte to leave Philippines

Manila : An Australian nun who battled a government bid to expel her from the Philippines after she angered President Rodrigo Duterte, said Wednesday she will leave rather than face certain arrest and deportation. Sister Patricia Fox’s abrupt announcement came because immigration authorities refused hours earlier to extend her […]

India jumps on World Bank’s ‘ease of doing biz’ ranking

Washington/New Delhi :India improved its ranking on the World Bank’s ‘ease of doing business’ report for the second straight year, jumping 23 places to the 77th position on the back of reforms related to insolvency, taxation and other areas. India was ranked 100th in the World Bank’s Doing […]

Pacific trade pact shunned by Trump cleared for launch

A massive trans-Pacific trade deal cleared a final hurdle Wednesday allowing it to enter into force this year, a pointed rebuke of President Donald Trump’s protectionist policies from some of America’s closest allies. Hours before an administrative deadline, Australian Prime Minister Scott Morrison announced that his government had […]

Chilling phone video shows passengers boarding fatal flight

JAKARTA, Indonesia — Like untold numbers of spontaneously shot smartphone videos, Paul Ferdinand Ayorbaba’s most recent was not a work of art, full of the backs of heads and the constant bobbing and disorientating pans and zooms that are a signature of mass digital culture. But its mundane […]

Royals Harry and Meghan name kiwi birds ‘gift’ and ‘sneeze’

ROTORUA, New Zealand — Prince Harry and wife Meghan examined the navel, nostrils and whiskers on New Zealand’s flightless kiwi bird and got to name two tiny chicks on the final day of their 16-day tour of the South Pacific. The Duke and Duchess of Sussex visited a […]

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