In a major policy shift, Nepal's ruling Maoists will adopt a new path to socialism through capitalism and they may also give up their anti-India stance at the upcoming national convention of the party.
Indian-origin politician Halimah Yacob scripted history on Monday by becoming the first woman speaker of Singapore's parliament, replacing Michael Palmer who was forced to quit over his extra-marital affair.
President Pranab Mukherjee, Prime Minister Manmohan Singh and a host of political leaders condoled the death of the girl and paid rich tributes to the victim of the sexual assault for her brave fight
Nepal's most powerful politician and Maoist supremo Prachanda was on Friday left shaken after a young activist, believed to be a supporter of his own party, slapped him in full public view. The incident took place during a tea reception hosted by Prachanda's Unified Communist Party of Nepal - Maoist to mark the festivals of Deepawali, Chhath and Nepalese New Year in Kathmandu.
The financial services industry, especially banking, is in the midst of massive upgrade of existing IT set ups to cope with future regulatory and customer-driven online and mobile services, said Vijay Sharma, vice president & head domain & industry advisory services for banking, financial services and insurance.
Its three-year compounded growth rate is 119.8 per cent.
Singapore-based investment and business consultancy expects 50-60 Indian firms setting up operations in China.
All 19 people, mostly foreigners, aboard a Dornier aircraft of a private airline were killed on Friday morning as the plane crashed minutes after taking off from the Tribhuvan International Airport in Kathmandu.
TCS has got a special recognition for its initiative to the lift of one million people in the inner part of India, by reaching out to the educated among the backward community and training them as well as making them economically-active through employment, TCS' Singapore-based President Vish Iyer told PTI on Monday.
But, VC of GE also expressed concerns about the slow progress in infrastructure development, calling for pro-investment regulations and right tariff regime.
On the other hand, quasi-state owned National Bank of Pakistan and privately-owned United Bank Ltd will be running full-banking operations across the border, once licensed by India.
Belgium-based financial transaction SMS provider SWIFT is working on a partnership with eight leading Indian banks to form a joint company by 2012-end to expand its footprint in banking and financial sector of India, a company official said on Wednesday.
Nepal's ruling UCPN-Maoist has suspended its supremo Prachanda's son Prakash Dahal from the party and from a powerful state affairs committee over his alleged extramarital affair with a student leader.
Nepal's Madhesi Peoples Rights Forum-Democratic, the second largest partner in the ruling Maoist-led coalition, today suffered a jolt as 10 of its top leaders quit from the party to form a new group.
Hundreds of Indian pilgrims have been stranded in Nepal on their way to Kailash-Mansarovar in Tibet as Chinese authorities stopped them at the border entry point saying that their vehicles did not have route permit.
Economics will dominate the future relationship between China and India and it will be characterised by competition and collaboration simultaneously, says an official of ISAS.
Pro-Maoist students close to the hardliner faction led by Mohan Vaidya 'Kiran' have staged a demonstration here against alleged Indian interference in the formation of a national government in Nepal.
The company is holding a series of meetings with investors, analysts and clients in Singapore.
India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said.
Noting that India and Pakistan have made "major strides" in reducing their trust deficit, External Affairs Minister S M Krishna on Friday said he will visit Islamabad this summer.
