FDI flows into India nearly doubled in 2015: UNCTAD

GENEVA: Foreign direct investment flows into India nearly doubled in 2015 while the US emerged as the top host country for FDI last year, the UN’s trade agency said today. Global FDI flows “unexpectedly” increased significantly by 36 per cent, according to the annual report of the United Nations Conference on Trade and Development. “Global […]

Michelin enters scooter tyres segment in India

NEW DELHI: French tyre major Michelin on Thursday announced its foray into the fast growing scooter segment in India with the launch of its MICHELIN City Pro range. “Scooters have become increasingly popular in India and emerged as a preferred choice of commuting because of ease of riding and parking in congested areas,” said Pradeep […]

Expect robust action from Pakistan, says India

NEW NEWS: External Affairs Ministry Spokesperson Vikas Swarup also dismissed as “baseless” the allegations that India was behind an attack at a university at Charsadda in Pakistan in which at least 20 people, mostly students, were massacred by heavily- armed suicide attackers yesterday. “The issue is also not been raised officially with us by Pakistan,” […]

Parrikar dismisses ISIS threat to him, Modi

NEW DELHI: Defence Minister Manohar Parrikar today dismissed talk of any threat from the Islamic State to his life or that of Prime Minister Narendra Modi. Last week, an anonymous postcard claimed to have been sent by terror group IS threatening to kill Prime Minister Modi and Parrikar was received at the Goa Secretariat. When […]

BACHA KHAN UNIVERSITY ATTACK: Vigils held as Pakistan mourns students

CHARSADDA (PAKISTAN): Pakistan observed a day of mourning on Thursday after the bloodbath in Bacha Khan University in this northwestern town where militants killed 21 people, mostly students, before being eliminated by the army. The national flag was flying on half-mast at all official buildings and all national ceremonies were cancelled. Special prayers were held […]

US, UN condemn attacks

Washington: The US has strongly condemned the attacks on a popular university in Pakistan, saying the incidents underscore the threat to peace and prosperity in the region. “These reprehensible attacks, against students and teachers in Pakistan, underscore the ongoing threat that terrorists pose to the region and to the peaceful and prosperous future we seek […]

Earthquake of 5.9 magnitude strikes China

Beijing: A shallow 5.9-magnitude earthquake jolted awake residents of China’s northwestern Qinghai province on Thursday, with some choosing to sleep in their cars out of fear despite freezing temperatures of -20C (-4F). The quake hit at 1:13 am local time (1713 GMT) at a depth of just 10 kilometres (six miles), the United States Geological […]

Saudi minister avoids questions on acquiring nukes from Pak

Washington: Saudi Arabia’s Foreign Minister Adel Al-Jubeir has refused to publicly speak on reports that Riyadh was trying to buy nuclear weapons from Pakistan, but said the Kingdom will do whatever it takes to protect itself. “I am not going to get into details of discussions we have with foreign governments, and certainly not allied […]

Modi condemns attack on Pak university; Sharif appreciates it

New Delhi/Islamabad: Prime Minister Narendra Modi today strongly condemned the terror attack at a university near Peshawar, a gesture appreciated by his Pakistani counterpart Nawaz Sharif who said terrorism is a “common enemy” and a cooperative approach was essential to eliminate it. “Strongly condemn the terror attack at Bacha Khan University in Pakistan. Condolences to […]