Search Results for: foreign investors

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EU's Ashton on landmark visit to Iran

EU foreign policy chief Catherine Ashton said Sunday a final accord on Iran's nuclear programme cannot be guaranteed, during a landmark visit that underscores a thaw in Tehran's ties with the West. Duration: 01:20 Mar 10, 2014
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Search for missing Malaysia Airlines plane continues

Malaysia, March 09 (ANI): Search operations for a missing Malaysia Airlines flight that vanished from radar screens over the South China Sea with 227 passengers and 12 crew on board continued on Sunday. By the early hours of Sunday, there were no confirmed signs of the plane or any wreckage, well over 24 hours after it went missing. Vietnamese navy ships reached two oil slicks which were spotted earlier, but found nothing. There were no indications of sabotage or claims of an attack too. But the passenger manifest issued by the airline included the names of two Europeans - Austrian Christian Kozel and Italian Luigi Maraldi - who, according to their foreign ministries, were not in fact on the plane. Both the Austrian and Italian men claimed they lost their passports in Thailand two years ago and in 2013 respectively. Mar 9, 2014
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Chit fund investors stage protest in Siliguri, threaten to boycott polls

Siliguri, Mar 8 (ANI): Thousands of duped investors in Siliguri city of West Bengal took to streets protesting against chit fund companies in the state. People were protesting against fraudulent chit fund companies in the state and also threatened to boycott upcoming general elections, if action is not taken in this regard. Over two lakh investors from different parts of northern Bengal, who have invested 433 crore rupees, are demanding arrest of owners of all chit fund companies. Protesters alleged that they invested in companies after getting assurance from the state government, but now they are not taking any stringent actions. The Saradha Group went bust in April 2013, wiping out crores of rupees in deposits from mostly low-income Indians, miring West Bengal's government in scandal, and illustrating the risks faced by the millions who live outside the banking system. Mar 8, 2014
india-dismisses-paks-education-offer-to-expelled-kashmiri-students

India dismisses Pak's education offer to expelled Kashmiri students

New Delhi, March 08 (ANI): India dismissed Pakistan's offer to Kashmiri students expelled by a university in Meerut for celebrating Pakistan's victory over India in a cricket match, that they could pursue their studies in that country. Foreign ministry Spokesperson Syed Akbaruddin responded to Pakistan saying that those who live in glass houses should not throw stones at others. Akbaruddin added that India proposed to Pakistan on March 04, a Skardu-Kargil bus service and multi-entry visas for people of Jammu and Kashmir to increase confidence building measures. Meanwhile, Jammu and Kashmir Liberation Front (JKLF) and other groups organised protests in Kashmir against sedition charges levelled on the students. Mar 8, 2014
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Government to set up inflation target, RBI to implement: Chidambaram

New Delhi, March 07 (ANI): Union Finance Minister P Chidambaram asserted on Friday that the government has the right set up an inflation target while the Reserve Bank of India's (RBI) role is to implement the decision. The comment by Chidambaram comes after a RBI panel in January proposed moving to an inflation target of 4 percent in three years, with a 2 percent band on either side when setting monetary policy, sharply below current levels. The recommendation raised concerns about a potential clash with the traditionally more pro-growth finance ministry, which were further reinforced after RBI surprised investors in January by raising interest rates by a quarter percentage point, its third hike in five months. Chidambaram made it clear that parliament will set an inflation target and entrust the central bank to implement the propositions. Mar 7, 2014
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SC rejects Sahara's repayment proposal, Subrata Roy to stay in jail

New Delhi, March 07 (ANI): The Supreme Court on Friday rejected Sahara Group's plea of releasing Subrata Roy and other two directors from police custody. The Court found Sahara's proposal of refunding crores of rupees to small investors in installments improper and therefore rejected it by calling it a "big insult". The apex court pulled up the Sahara chief for making bench assemble before March 11 schedule. The SC, however, allowed Sahara's financial consultants and lawyers to meet Roy in jail between 10 AM and 12 noon everyday. Mar 7, 2014
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Pak welcomes Kashmiri students charged with sedition for cheering their cricket team

Islamabad/ Lahore, March 07 (ANI): Pakistan’s Foreign Ministry Spokesperson Tasnim Aslam said that the 67 Kashmiri students, who were expelled from Swami Vivekanand Subharti University (SVSU) in Meerut for allegedly celebrating Pakistan's victory over India in a cricket match last weekend, were welcome to continue their studies in Pakistan. Aslam said it was a wonderful match which was cheered by everyone across the cricketing world. Manzoor Ahmad, Vice Chancellor of the University, told media that, because of the “unacceptable gesture of a few students”, university authorities initially decided to suspend only those students who had shouted slogans. Mar 7, 2014
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Salman Khurshid hopes for fair and clean upcoming national polls

Farrukhabad, Mar 6 (ANI): Foreign Minister Salman Khurshid hoped for clear and fair upcoming 2014 polls, stressing on complete transparency and following the moral code conduct. Khurshid said that the moral code of conduct and guidelines issued by the Election Comission of India must be implemented in a fair manner and if any unlawful activity was observed it should be immediately brought under the notice of the authorities. Mar 6, 2014
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Kerry meets with UK, Ukraine FMs

US Secretary of State John Kerry meets with British Foreign Secretary William Hague and acting Ukrainian Foreign Minister Andriy Deshchytsya. Duration: 01:30 Mar 5, 2014
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Major engagement with ASEAN through look east policy: Salman Khurshid

Onboard, Mar 5 (ANI): The two-day economic summit in Myanmar proved fruitful for India as the nation involved in discussions on key issues with its neighbouring countries including Sri Lanka and Myanmar and strengthened ties with other Southeast Asian nations, said India’s foreign minister Salman Khurshid. Prime Minister Manmohan Singh attended the Bay Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) in Myanmar, along with representatives from Bangladesh, Sri Lanka, Thailand, Bhutan and Nepal. Singh pushed the nation’s 'Look East' policy and urged his counterparts to explore ways to enhance connectivity, transport, trade and tourism between the north-eastern states. Mar 5, 2014
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