Bouthaina Shaaban, advisor to Syrian President Bashar al-Assad, said that the Syrian government was trying its best to resolve the situation. ...
07:22 PM, Mar 07, 2013
The number of Syrians who have fled their country since a deadly civil conflict erupted two years ago has hit one million, the UN's refugee agency said on Wednesday. "With a million people in flight, millions more displaced internally, and thousands of people continuing to cross the border every day, Syria is spiralling towards full-scale disaster," UN High Commissioner for Refugees Antonio Guterres said in a statement. ...
03:55 PM, Mar 06, 2013
India will make it easier for leasing and finance firms to reclaim planes used by Kingfisher Airlines, two government sources told Reuters, after complaints that India was complicating the process. ...
04:28 AM, Mar 06, 2013
Former Maldives President Mohamed Nasheed was on Tuesday arrested in the island country's capital Male in connection with a case of abuse of power. Nasheed will likely be produced in a court on Wednesday at 4 pm. ...
03:15 PM, Mar 05, 2013
Former president of Maldives Mohammed Nasheed said that the situation was precarious in Maldives and that he was worried at what turn it will take next. ...
05:17 PM, Mar 01, 2013
'Argo' won the Oscar for the Best Picture at the Academy Awards ceremony. The film documents the covert CIA operation that rescued six Americans during the 1979 Iranian hostage crisis. Here are the real embassy workers who inspired the movie. ...
04:30 PM, Feb 27, 2013
The Obama administration, in coordination with some European allies, is for the first time considering supplying direct assistance to elements of the Free Syrian Army as they seek to ramp up pressure on Syrian President Bashar Assad to step down and end nearly two years of brutal and increasingly deadly violence. ...
12:16 PM, Feb 27, 2013
Italy faced political deadlock on Tuesday after a stunning election that saw the anti-establishment Five-Star Movement of comic Beppe Grillo become the strongest party in the country but left no group with a clear majority in parliament. "The winner is: Ingovernability" was the headline in Rome newspaper Il Messaggero, reflecting the stalemate the country would have to confront in the next few weeks as sworn enemies would be forced to...
02:28 PM, Feb 26, 2013
The government said it will give away Kingfisher Airlines' slots and foreign flying rights to other operators in the latest blow to the grounded carrier. Kingfisher, controlled by liquor baron Vijay Mallya, has been halted due to a cash crunch, and lenders are trying to recover $1.4 billion of loans in default. ...
09:49 AM, Feb 26, 2013
Asian shares took their lead from overnight plunges in global equities to fall on Tuesday as an apparently inconclusive election outcome in Italy raised fears of a resurgent euro zone debt crisis. Italy's centre-left coalition will win a majority in the lower house of parliament but the upper house will be deadlocked, the Interior Ministry said on Tuesday after almost all votes were counted. No party or coalition won a...
09:27 AM, Feb 26, 2013
Tunisian Prime Minister Hamadi Jebali resigned on Tuesday after failing to replace a government pulled apart by acrimony between his Islamist allies and their secular opponents. Jebali had threatened to quit if his plan for a non-partisan cabinet of technocrats to lead the north African country into early elections foundered. ...
11:54 AM, Feb 20, 2013
Government lender State Bank of India (SBI) on Monday said its increased non-performing assets (NPA) are due to its exposure to iron, steel and textile sectors while recovering the dues from Kingfisher Airlines will be a protracted legal affair. ...
03:21 AM, Feb 19, 2013
A Maldivian Court on Monday ordered the police to produce Mohamed Nasheed before it, prompting them to approach the Foreign Ministry to talk to the Indian High Commission where the former President is holed up for the sixth day. ...
07:01 PM, Feb 18, 2013
Maldives on Sunday summoned Indian High Commissioner DM Mulay and lodged a protest after former President Mohamed Nasheed remained holed up at the Indian mission for the fifth day even as External Affairs Minister Salman Khurshid spoke to his counterpart to resolve the crisis. ...
11:10 PM, Feb 17, 2013
External Affairs Minister Salman Khurshid on Sunday spoke to his Maldivian counterpart for the second time in four days to defuse the crisis over former Maldives President Mohamed Nasheed who remained holed up at the Indian High Commission in Male for the fifth day. Khurshid, who is on an official two-day visit to Bangladesh, called up Maldives Foreign Minister Abdul Samad Abdullah from Dhaka, official sources said in Dhaka. ...
09:59 PM, Feb 17, 2013
UB Group, the parent of debt-laden Kingfisher Airlines, said it was in talks with lenders to the carrier to cut their exposure by using proceeds from a stake sale in a group company to Diageo Plc. ...
02:03 PM, Feb 15, 2013
The economy of the 17 nations in the Euro shrank by 0.6 per cent in the fourth quarter, which was worse than forecast. ...
10:00 AM, Feb 15, 2013
The euro dropped to a three-week low against the dollar and fell sharply versus the yen on Thursday after data painted a bleak picture of the euro zone economy, raising speculation the European Central Bank will cut interest rates. ...
08:31 AM, Feb 15, 2013
Kingfisher lenders hope to recover up to Rs 1,000 crore of their dues by monetising the securities in the March quarter itself, a senior official of SBI said on Thursday. "That (selling the securities given as collaterals) is the plan," Shyamal Acharya, SBI Deputy Managing Director (Mid-Corporates Accounts), said at the bank's December earnings press conference in Mumbai. ...
02:58 AM, Feb 15, 2013
There is no end to the crisis in the Maldives as former president Mohamed Nasheed is still holed up in the Indian high commission in Male despite Delhi's intervention. Meanwhile, Minister of External Affairs Salman Khurshid on Thursday spoke to his Maldivian counterpart, explaining India's position. ...
08:53 PM, Feb 14, 2013
