Pakistan to seek Interpol help in forex scam as arrested man admits involvement

As the arrested director of a forex company has confessed to his involvement in illegal transfer of foreign exchange abroad, the Pakistani authorities have decided to seek Interpol help for arresting the other persons involved in the forex scam."LAHORE: Director General FIA...

Infosys, Wipro bag top IT Exports Awards

Infosys,Wipro get the IT Exports Aswards "8 Nov 2008, 1317 hrs IST, PTI BANGALORE: Infosys and Wipro bagged the top honours at the annual STPI (Software Technology Parks of India) and...

Obama and the Revenge of Democracy

"by Mosharraf Zaidi Perception is reality. So while there is an almighty chorus of those that are warning the people of the world to be cautious and not invest so emphatically in the hope that the US election result has inspired, it is important to listen not only to our...

Congratulations America

"It is actually the American people who are the real winners here, they are the ones who voted for a change. Once again America has proven that it can bring about change. I would not count on Obama himself to bring a real change, as we all remember, the newly elected...

RBI opens doors to 10 VCFs amid liquidity crunch

MUMBAI: The Reserve Bank of India, which has been holding back applications of several foreign venture capital funds (VCFs) for a few years, is slowly opening the doors to these investors — a decision which could be partly driven by the dollar shortage following the FII...

No Time for Laurels; Now the Hard Part

"No Time for Laurels; Now the Hard Part Sign In to E-Mail or Save This Print Reprints ShareLinkedinDiggFacebookMixxYahoo! BuzzPermalink By PETER BAKER Published: November 4, 2008 ...

Army of global journalists descends for US election

The 2008 U.S. presidential election has generated interest all over the world and hordes of international journalist have descended to cover the gran finale. It is the greatest show on the earth at the moment...

Suspected US missile strikes kill 28 in Pakistan

Two suspected missile strikes by US drones on Friday killed at least 28 people in Pakistan's trouble tribal region bordering Afghanistan. "MIRANSHAH: A suspected missile strike by US spy drones destroyed a vehicle and a house in tribal area bordering Afghanistan Friday,...

“Today’s terrorist is today’s and tomorrow’s murderer”: Resolving v...

"“There is a false and foolish and evil saying that today’s terrorist is tomorrow’s freedom fighter. Today’s terrorist is today’s and tomorrow’s murderer.” These were the words used by the former Foreign Minister of Australia Alexander Downer while delivering...

2.7m Chinese to lose jobs with deepening economic slowdown

Despite the talk of insulated, Chinese economy is also deeply affected with current global economic crisis. World's fastest growing economy is sputtering into an economic slowdown. World is hinging high hope on China to bail out from the current crisis. China's export sector...

Sri Lanka says no to EU rights probe for trade deal

A garment-related trade deal between Sri Lanka and the EU may be cancelled after the country decided not to allow the EU to investigate human rights abuses there."Sri Lanka said on Monday it will not allow a...

South Korea guarantees foreign loans

South Korea will guarantee foreign loans to help stabilise financial markets.The government is expecting about $100 billion to be borrowed in the deal.Another $750 million will be released into the Industrial Bank...

BBC in "its last stages" warns world affairs editor

World's most venerated & respected media brand BBC is about to fold up. The warning has come from someone who has served the organization for long years. " The BBC is now in "its last stages" because budget...

Aussie James McGrath targeted in Maldives poll

"THE first free election in the history of the Maldives might or might not topple Asia's longest-serving dictator, but it has already thrust Australian political strategist James McGrath back into the spotlight, a...

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