Sri Lanka probes foreigners in refugee camps

June 4, 2009 (AFP) – Sri Lanka has identified six foreign nationals among tens of thousands of war displaced civilians held in state-run camps in the island’s north, a minister said Thursday. Three Australians and one each from Britain, the Netherlands and Norway had crossed over to government-held areas after escaping from the war zone […]

‘s mobile subscriber base crosses 400 million

NEW DELHI, June 2, 2009 (AFP) – The number of mobile subscribers in India crossed the 400 million mark in April, official data showed Tuesday, putting the country on track to reach its goal of 500 million customers by next year.Some 11.90 million subscribers were added in April compared with 15.64 million during the previous […]

Indian exports dive for seventh month

NEW DELHI, June 1, 2009 (AFP) – India’s exports of jewelry, garments and other goods slid 33 percent in April, shrinking for the seventh straight month, hit by a demand slump in major global markets, official data showed Monday. Exports slumped to 10.74 billion dollars in April from 16.08 billion dollars a year ago as […]

India economy headed higher, reforms in sight: analysts

NEW DELHI, May 31, 2009 (AFP) – India’s economy is on the upswing with eyes now keenly focused on July’s planned budget for new market-opening moves by the freshly re-elected Congress government, analysts say.The country logged unexpectedly strong 5.8 percent growth in the final quarter to March 2009, against forecasts of 5.0 percent, figures late […]

Wal-Mart set to make first foray into India

NEW DELHI, May 29, 2009 (AFP) – The world’s number one retailer Wal-Mart is set to open its first sales venture in India Saturday as part of an ambitious plan to establish a foothold in the country’s vast consumer market.The US discount chain has teamed up with Bharti Enterprises, parent of India’s biggest mobile firm […]

United Breweries, Heineken may form Indian venture

NEW DELHI, May 28 (Asia Pulse) – Vijay Mallya-led United Breweries (UB) and Dutch beer maker Heineken could come together in the Indian market, following the exit of Jaipuria from Asia Pacific Breweries-Pearl. “Talks between both companies (UB Group and Heineken) are in the advance stages and soon both will announce the deal,” a source […]

Rights diplomats struggle to find Sri Lanka compromise

GENEVA, May 27, 2009 (AFP) – The UN Human Rights Council reconvened its special session on Sri Lanka Wednesday with diplomats struggling to bridge an Asian-Western divide over the rights situation and a probe into abuses. Sri Lanka, backed by Asian countries including China, India and Pakistan, tabled a revised draft resolution late Monday which […]

More than 110 dead after cyclone hits Bangladesh, India

DHAKA, May 26, 2009 (AFP) – Bangladesh and India launched major relief operations Tuesday after a cyclone tore into the northern coast of the Bay of Bengal, killing at least 116 people and leaving hundreds of thousands homeless. Many of the casualties in Bangladesh were reported to be children who drowned when Cyclone Aila triggered […]

Australian navy intercepts refugee boat: minister

MELBOURNE, May 24, 2009 (AFP) – The Australian navy intercepted a refugee boat with 77 people aboard Sunday off the country’s northwest coast, Home Affairs Minister Bob Debus said. The boat is the 13th suspected people-smuggling craft to have been stopped in Australian waters or to have made landfall since January, prompting criticism from the […]

Foreign institutions invest over US$3bn in Indian bourses in 2009

NEW DELHI, (Asia Pulse) – Foreign Institutional Investors’ (FIIs) inflow into the Indian stock markets has crossed the US$3 billion mark (over Rs 15,725 crore) so far this year, with as much as US$2 billion coming in just five trading sessions. Since the beginning of new fiscal year, FIIs have started putting money in domestic […]

India seeks death certificate of Tamil Tiger leader: official

NEW DELHI, May 21, 2009 (AFP) – India on Thursday asked Sri Lanka to provide the death certificate for Tamil Tiger leader Velupillai Prabhakaran, a foreign ministry official told AFP. The separatist rebel chief, who was reported killed by Sri Lankan forces earlier this week, was wanted in India for planning the 1991 assassination of […]

Maldives joins International Labour Organization

May 21, 2009 (LBO) – The Indian Ocean tourist paradise of Maldives has joined the International Labour Organization (ILO), the UN agency which deals with labour issues said.The membership started on May 15, with president Mohamed Nasheed accepting obligations under the constitution of the ILO. “We warmly welcome the Republic of Maldives to the ILO […]

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