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Nawaz for friendly ties with India, invites Manmohan to Pakistan

Nawaz Sharif, who is set to be Pakistan's prime minister for a third time, Monday said his government would have friendly relations with India...

China could be world’s No.1 economy by 2016

China could become the world's largest economy by 2016 if it fully implements a series of regulatory, market, socio-economic and tax reforms, the Organization...

One in eight Australians is poor: Report

Canberra: More than 2.2 million Australians - or one in eight - are living below the internationally accepted poverty line used to measure financial...

Indian government issues notification on FDI

New Delhi: The government Thursday issued a formal notification on foreign direct investment (FDI) in retail, civil aviation, broadcasting and power exchanges, giving effect...

Trinamool quits UPA

Kolkata/New Delhi: West Bengal Chief Minister Mamata Banerjee Tuesday withdrew her Trinamool Congress party’s support to the UPA government, but both she and the...

Australia’s new home sales fall

Sydney: New home sales in Australia posted a weak result in July, giving up much of the strength gained in late 2011-12, according to...

Australian economy recovering slowly

Sydney: Australian economic conditions are at their strongest since September 2011, but the growth rate of future economic activity remains below long-term trend, according...

Time magazine dubs Manmohan Singh ‘underachiever’

Washington: Dubbing Indian Prime Minister Manmohan Singh as an “underachiever” the prestigious Time magazine asks whether the architect of 1991 economic reforms can rouse...

Australian Reserve Bank leaves cash rate unchanged

Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to leave the cash rate unchanged at 3.50 per cent after its July...

Australian mining giant squirms at India’s slow growth

Sydney: The unexpected slowdown in the Indian economy is creating ripples in Australia as a mining giant has expressed concern over the slackening iron...

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