Nepal witnessed political turbulence in 2022 that dramatically turned rivals into allies and throned former guerrilla leader Pushpa Kamal Dahal 'Prachanda' as the prime minister for a third time, as Kathmandu made efforts to balance ties with immediate neighbours India and China with high-profile talks and visits.
The dissidents, led by former president Sirisena's Sri Lanka Freedom Party, would leave the ruling Sri Lanka Podujana Peramuna coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.
Basil had negotiated the Indian economic relief package to help Sri Lanka tackle the current foreign exchange crisis.
'Sullivan and Jaishankar welcomed the cooperation in recent weeks that resulted in deliveries of over USD 500 million in COVID-19 relief supplies from the US federal and state governments, US companies and private citizens across America for the people of India'
In a major boost to bilateral ties, India today announced a USD 500 million credit line for the traditionally close Chinese ally Myanmar even as New Delhi and Yangon decided to strengthen their strategic, economic and energy ties.
Sri Lanka's new Finance Minister Ali Sabry on Tuesday resigned, a day after President Gotabaya Rajapaksa appointed him after sacking his brother Basil Rajapaksa amidst the island nation's worst economic crisis.
The Government also defended the President's decision to enforce a state of emergency, that had given him sweeping authority to act in the interests of public security and preserving public order, including suspending any laws, authorising detentions and seizing property, saying it was declared after attempts were made to attack the President's Office and other public property.
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
Foreign Direct Investment flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said.
The department for promotion of industry and internal trade has rejected Walmart-backed Flipkart's proposal seeking approval for entry to the food retail sector, citing a regulatory issue, an official said on Monday. The government permits 100 per cent foreign direct investment in food retail for food produced and manufactured in India.
Third time lucky is an apt phrase to describe the remarkable rise of Joe Biden, a veteran in US politics for around five decades, from being one of the youngest senators in history to the oldest American president-to-be.
UK-based Cairn Energy PLC on Tuesday said it will drop litigations to seize Indian properties in countries ranging from France to the US, within a couple of days of getting a USD 1 billion refund resulting from the scrapping of a retrospective tax law.
An Indian scholar has been awarded the USD 500,000 WISE prize for innovation in the field of education, for his relentless work of providing low cost education to children in Mumbai slums.
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
Amid strained ties with Pakistan, the United States has disbursed USD 2.2 billion (Rs 11,440 cr) civilian aid to Islamabad in the past two years under the Kerry-Lugar-Berman bill, the State department has said.
India lost the hosting rights of the 2021 men's World Boxing Championship to Serbia after the national federation failed to pay the host fee, prompting the International Boxing Association (AIBA) to terminate the agreement signed in 2017. The elite competition, which would have happened for the first time in the country, will now be held in the Serbian city of Belgrade.
The two Congressmen are Mario Diaz-Balart and Ben McAdams.
Trump has launched an investigation into the WHO's role in the spread of coronavirus and have accused it of siding with China during the pandemic.
The state has a total of 138,836 coronavirus cases and as of Tuesday 5,489 people have died, up by 731 from Monday morning.
In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would buy USD700 billion in bonds. The covid-19 pandemic has sickened more than 156,000 people worldwide and left more than 5,800 dead. The death toll in the US stands at 68, while infections neared 3,700.
The PM said there was a need to tackle the problem of terrorism in an organised manner.
Irrespective of the outcome of Tuesday's keenly-contested US presidential election, America's strategic relationship with India is expected to maintain the current momentum and strengthen further, policy documents and remarks from the two campaigns indicate.
They said the decision to retract the RFP was taken after the DRDO expressed confidence of producing the ATGMs.
The grant will be in addition to the $20 million provided by China, the world's second largest economy, earlier to the WHO.
Jyoti Randhawa and Chapchai Nirat are in joint lead after the penultimate round at Indian Open golf.
Country's top-ranked golfer Jeev Milkha Singh will spearhead the local challenge at the Indian Open beginning from Thursday.
The "Super Tuesday", or March 3 presidential primaries, were held in as many as 15 states including Alabama, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont and Virginia. Biden, 77, registered impressive victories in the states of Virginia, North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Massachusetts and Arkansas, propelling him as the frontrunner in the primaries. However, Sanders, 78, by winning big in the State of California -- which sends 415 pledge delegates -- reflected the fight to win Democratic nomination to challenge Republican incumbent Donald Trump was not over yet.
Released by the Trump campaign in form of a 35-page booklet, none of these allegations are new and have been known in the public domain for past several years.
The Indian ace Jeev Milkha Singh is in third place at the Thailand Open, behind leaders Harmeet Kahlon and Australia's Scott Barr.
Two other Indians, Harmeet Kahlon and Shiv Kapur, cruised into the top-ten at the mid-way stage of the Thailand Open.
Cohen, 52, was sentenced to 36 months in prison by the US District Court for the Southern District of New York.
Seven of the 10 finalists were Indian-Americans.
US Ambassador to the UN, Nikki Haley said these are by far the strongest measures ever imposed on North Korea.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
Summary of sports events and persons who made news on Saturday
Karan Menon, a 14-year-old Indian-American student, has won the prestigious National Geographic Bee competition in the US, in which the top three positions were bagged by Indian-origin contestants.
The terrorists opened fire on the army camp at Langate in Kupwara district at around 5 am, which was retaliated by the jawans, a senior army officer said.
According to the US Securities and Exchange Commission, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's technology, business and financial performance, raising more than USD 700 million in years-long "massive fraud".
For India to reach its ambiguous economic growth targets, it needs to be integrated into global trade pacts.
Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.
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