Seeking to make inroads into Africa, Prime Minister Dr Manmohan Singh on Tuesday said at the Ethiopian capital of Addis Ababa that India will continue to support efforts at infrastructure development, before announcing some very handsome grants which aim at helping Africa.
The Addis Ababa Declaration, which was adopted at the end of the second Africa-India Forum Summit, called on all countries to ensure that acts of cross-border terrorism do not occur and their territories are not made a base for terrorists. Both India and Africa condemned piracy and terrorism in all forms and called for active prosecution of persons who subscribe to such heinous crimes. "We unequivocally condemn terrorism in all its forms and manifestations," it stated
Seeking to inject a fresh impetus to India's strategic ties with African countries, Prime Minister Manmohan Singh on Monday left on a six-day visit to Ethiopia and Tanzania during which he will discuss ways to effectively combat the twin threats of terrorism and piracy.
India is on a rediscovery of Africa. India and Africa, as maritime neighbours have an ancient tradition of trading links. But a modern day engagement is taking shape between them with the Indian government going ahead with a Focus Africa policy for a structured interaction with all regions of the African continent. The second Africa-India Forum Summit is to be held in Addis Ababa next week.
The spreads between state development loans and equivalent-maturity government papers have started widening, and market participants don't expect them to contract anytime soon. The rise in spreads is a direct measure of market displeasure than a rise in yields.
Forgiving the convicted Pakistani terrorist, the American survivors of 26/11 terror attack on Thursday said death penalty is not a solution for Ajmal Kasab, instead he could be rehabilitated.
India's external intelligence gathering agency, Research and Analysis Wing, is in the news again but for wrong reasons as seven of its Additional Secretaries have gone on protest leave after they were superseded by an IPS officer junior to them from the Intelligence Bureau.
Prime Minister Manmohan Singh has constituted a ministers' group to monitor the government's stand on the Ambani gas dispute in the Supreme Court.
"On behalf of the American people, I wish to extend my deepest condolences to the people of India on the passing of former Indian President Dr APJ Abdul Kalam," Obama said in a statement.
A local court on Saturday extended the judicial custody of Ramalinga Raju, his brother and former managing director Rama Raju and former chief financial officer Vadlamani Srinivas till February 21.
Nigeria became the first African country to qualify for next year's World Cup finals after a 2-0 home win over Ethiopia in their playoff in Calabar on Saturday.
The Indian Steel Alliance, the high-profile lobby group for big producers representing approximetly half of India's steel production, is being dissolved, seven years after it was set up to promote steel usage in the country. On Sunday, state-owned Steel Authority of India Ltd had pulled out of ISA in a bid to distance itself from the recent price-rise controversy and had said the alliance had outlived its utility.
She can't quite recollect the names of either the films or the actors but Ethiopia's World and Olympic 10,000m champion runner Almaz Ayana says Bollywood movies are her favourite indulgence whenever she gets some time to herself.
Delhi Dynamos dominated the proceedings but yet again played out a draw in a 1-1 result against FC Pune City in a familiar show of their strikers missing chances galore in the Indian Super League football match in New Delhi on Thursday.
Hotlines between New Delhi and Addis Ababa, the headquarters of the African Union, are working overtime to make next month's India-Africa summit as big a success as a similar event organised by China last year. New Delhi's intention to give a new thrust to its relations with Africa was evident when it announced a hike of 60 per cent in its aid to the continent for the next financial year. The 2008-09 Budget presented in Parliament last week, enhanced aid to Africa.
Shares of ITC, Axis Bank and Larsen & Toubro are likely to stay with the Specified Undertaking of the Unit Trust of India, which was to be wound up in June.Legal opinion received by the government suggests that SUUTI can exist as long as all investors in one of the schemes floated by the erstwhile Unit Trust of India have not redeemed their investment, sources close to the development said. The value of the shares of the three blue chips was estimated at over Rs 15,000 cr.
A brainchild of President A P J Abdul Kalam, the pilot project for tele-education and tele-medicine under the Rs 542.9 crore (Rs 5.42 billion) pan-African programme was inaugurated by External Affairs Minister Pranab Mukherjee.
The decision to extend visa on arrival facility to Indians was taken during discussions between visiting External Affairs Minister Pranab Mukherjee and his Ethiopian counterpart Seyoum Mesfin in the picturesque capital city of Addis Ababa.
Bharat Sanchar Nigam Limited has got two Mhz of additional spectrum from Department of Telecom to support its growing mobile subscriber base in the country.
The management of the Metro Rail has decided to stop services at 8:30 pm on Monday.
They will help pursuing research on issues like panchayati raj, women's empowerment and nuclear disarmament, subjects close to the heart of the late leader.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
With full-service carrier Jet Airways and budget airline SpiceJet operating 737 MAX planes, the DGCA has decided to seek information about the aircraft from Boeing as well as the two domestic carriers in view of the air crash in Ethiopia.
Over 1.38 lakh pilgrims have paid obeisance at the holy cave shrine of Amarnath in south Kashmir Himalayas since the pilgrimage started on June 10.
About 350 Boeing 737 Max 8 are currently in service with airlines around the world, with thousands more on order. Boeing insists it has no reason to pull the popular aircraft from the skies.
Haile Gebrselassie is struggling with a leg injury and could miss out on his bid to become the first man to win three successive 10,000 metres titles.
Abebe Bikila proved a sensation at the 1960 Rome Olympics when he padded barefoot along the Appian Way to win the marathon in world record time.
State Bank of India is planning to spend Rs 500 crore (Rs 5 billion) on information technology, including computerisation of 3,000 branches in the fiscal 2003-04.
The Empowered Committee of State Finance Ministers has been asked to sort out some of the contentious issues on the value-added tax including the refunds on credit and exemption for exports.
Summary of sports events and persons who made news on Monday
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
SpiceJet has been most affected by the grounding of 737 Max 8 aircraft as it has 12 of them in its fleet.
In a diplomatic triumph for India, an intergovernmental committee of the United Nations has inscribed yoga in UNESCO's Representative List as the Intangible Cultural Heritage of Humanity.
Cameroon goalkeeper Charles Itandje made several sparkling saves to help his side force a 0-0 draw in Tunisia on Sunday in the first leg of their World Cup playoff.
World indoor 1500 metres champion Abeba Aregawi has been suspended from Swedish athletics after she tested positive for a banned substance, the national federation said on Monday.
Srinu Bugatha, Sudha Singh win Indian Elite category.
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