ADB lowers India’s GDP forecast to 6.7%

New Delhi, Dec 13 : The Asian Development Bank (ADB) on Wednesday lowered its Indian GDP forecast for the current financial year to 6.7 per cent citing tepid growth in the first half, demonetisation and transitory challenges posed by implementation of GST. The multilateral lender also revised its Indian Gross Domestic Product outlook for the […]

Australian PM says govt at risk if it loses Sydney by-election

By Colin Packham and Elouise Fowler SYDNEY, Dec 13 : – Australian Prime Minister Malcolm Turnbull said on Wednesday his government’s future was at risk if it lost a Sydney by-election this weekend and failed to regain its one-seat majority, forcing it to rely on independents to survive in power. Turnbull’s conservative voter base in […]

Saudi, UAE head to Paris to offer helping hand to West Africa force

By John Irish and Marine Pennetier PARIS, Dec 13 : – Saudi Arabia and the United Arab Emirates are attending a summit in Paris on Wednesday aimed at accelerating efforts to set up a West African force to battle Islamist militants, a sign Gulf Arab states are upping their influence in the region. The G5 […]

Tillerson overture to N.Korea: U.S. ready to talk without pre-conditions

By David Brunnstrom and Matt Spetalnick WASHINGTON, Dec 13 : U.S. Secretary of State Rex Tillerson offered on Tuesday to begin direct talks with North Korea without pre-conditions, backing away from a key U.S. demand that Pyongyang must first accept that any negotiations would have to be about giving up its nuclear arsenal. “Let’s just […]

New Polish PM: must defend national interest in debate on EU future

By Agnieszka Barteczko and Anna Koper WARSAW, Dec 12 : Poland should defend its national identity and interests at a time when the European Union is debating its own future, the country’s new Prime Minister Mateusz Morawiecki told parliament on Tuesday. Warsaw has grown increasingly isolated in the European Union since the Law and Justice […]

Delhi-NCR air quality ‘improves’ to poor, but likely to worsen again

New Delhi, Dec 12 : The air quality of Delhi-NCR improved from “very poor” to “poor” on Tuesday even after 7.8 mm rainfall over past 24 hours, but is liken to worsen again, said officials. According to the officials, the reason for not enough improvement is only a slight dip in high level of pollutants […]