Mukherjee elected as Indian president
In the race for the mainly ceremonial post of Indian president, former finance minister Pranab Mukherjee easily beat his closest rival candidate.
Pranab Mukherjee
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India’s economic growth slows to lowest levels in two years
India’s economic growth has slumped to a two-year low of 6.9% as it was hit by a string of rate hikes and the stumbling global economy.
Can Brics build support for the eurozone?
The Brics are considering offering support to the euro area, possibly by buying bonds, but there are doubts that a significant plan will materialise.
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India surprises with rise in June industrial output
India’s industrial output grew 8.8% in June from a year earlier, displaying unexpected resilience in the face of a string of interest rate hikes.
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No quick dual listing for Bharti, MTN, says minister
Bharti Airtel and MTN are not looking at a dual-listed structure immediately if their merger goes ahead, India’s finance minister said in an interview
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Rights groups call on Sri Lanka, rebels to spare civilians
International rights groups pressed for urgent action to save up to 250 000 civilians trapped in northern Sri Lanka.
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Hundreds of civilians killed, says Sri Lankan official
A Sri Lankan health official says recent heavy fighting in the north has killed more than 300 civilians and wounded at least 1 000 others.
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India to triple trade with Africa
India expects to triple trade with Africa over the next five years to reach -billion, officials said on Wednesday.
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Old rivals India and Pakistan resume peace process
Top Indian and Pakistani Foreign Ministry officials met on Tuesday to review their four-year-old peace process that has stalled since domestic political turmoil erupted in Pakistan last year. It is the first contact India has had with leaders of a new Pakistani civilian government.
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Tragedy unfolds in Bangladesh
Four days after Cyclone Sidr killed more than 2 500 people in Bangladesh, rescuers were struggling to reach isolated areas along the country’s devastated coast and give aid to millions of survivors. ”The tragedy unfolds as we walk through one after another devastated village,” said relief worker Mohammad Selim in Bagerhat, one of the worst-hit areas.
