Nepal’s smugglers cash in on India’s love of gold
KATHMANDU, September 4, 2013 (AFP) - After a long drive from across the border in China, the white truck arrived in Nepal's capital at dawn with a seemingly …
Other
Star economist takes helm of India’s central bank amid storm
MUMBAI, September 4, 2013 (AFP) - Top economist Raghuram Rajan, renowned for predicting the 2008 global financial crisis, took over as India's central bank …
Bollywood cuts costs as rupee crisis bites: study
MUMBAI, September 2, 2013 (AFP) - Bollywood producers have long been fond of filming in exotic foreign locations, but the spiralling Indian currency has seen …
India’s rupee falls sharply, shares slump almost 3.5-pct
MUMBAI, September 3, 2013 (AFP) - India's currency fell sharply Tuesday and stocks tumbled nearly 3.5 percent in another major sell-off caused by uncertainty …
India may shut petrol pumps at night to save rupee
NEW DELHI, September 2, 2013 (AFP) - India is considering closing fuel pumps at night as one of a number of "austerity measures" aimed at cutting its …
Migration
SYDNEY, September 2, 2013 (AFP) - New policies targeting asylum-seekers taking boats to Australia had "broken the back" of the people-smuggling trade, …
Forestry Case
Aug 02, 2013 (LBO) - A provincial High Court in Sri Lanka is to hear a petition to wind up Touchwood Investments, a Colombo-based forestry firm, according to a …
Indian Oil Corp. raises petrol, diesel prices
NEW DELHI, September 1, 2013 (AFP) - India's biggest refiner, Indian Oil Corporation, increased petrol prices by more than 3.5 percent from Sunday, blaming the …
IMF avoids comment on speculation India seeking aid
WASHINGTON, August 29, 2013 (AFP) - The International Monetary Fund declined to comment Thursday on speculation that India, reeling under a currency crisis, …
Indian rupee weakens after ‘oil dollar’ interventions
MUMBAI, August 30, 2013 (AFP) - India's rupee resumed its downward trend against the dollar on Friday, after strong gains in the previous session, as dealers …
Indians made poorer by currency depreciation
NEW DELHI, August 29, 2013 (AFP) - Seventeen-year-old Indian student Appu Sharma was going to apply to a US university to study economics but with the rupee on …
India’s rupee hits fresh lifetime low
MUMBAI, August 27, 2013 (AFP) - India's rupee fell to a new low Tuesday on fears over the country's slowing economy and the impact of a new food programme for …
India says people can afford food-for-poor scheme as markets tank
NEW DELHI, August 27, 2013 (AFP) - India's finance minister insisted Tuesday the government could afford a vast new food programme for the poor despite growing …
Bangladesh holds Fonterra milk products over scare
DHAKA, August 27, 2013 (AFP) - Bangladesh authorities have restricted imports of powdered milk mostly from New Zealand dairy giant Fonterra following a …
Maldivian foreign minister dies in Singapore hospital
COLOMBO, August 25, 2013 (AFP) - Maldivian Foreign Minister Abdul Samad Abdullah died Sunday while undergoing treatment for kidney and heart disease in a …
Not Us
August 25, 2013 (AFP) - Sri Lanka's army Sunday denied involvement in an armed robbery at the home of a journalist who has been critical of the government. buy …
‘Obscene’ Pakistan cricket film hits cinemas
KARACHI, August 23, 2013 (AFP) - A Pakistani film about a boy emulating the fairytale career of cricket star Shahid Afridi hit cinemas Friday despite …
Separate
August 23, 2013 (AFP) - Sri Lanka's president has bowed to international pressure and relinquished the defence ministry's authority over the police department, …
Threatened
COLOMBO, August 24, 2013 (AFP) - Five armed men held a Sri Lankan newspaper editor at knifepoint as they searched her home on Saturday before police burst in …
India rupee slide takes breather, dollar up against yen
TOKYO, August 23, 2013 (AFP) - The dollar's surge against the Indian rupee took a breather on Friday after hitting record highs for most of the week, although …