NEW DELHI: Voters went to the polls in New Delhi yesterday on the first major day of India’s marathon national election, with the capital a key battleground for an anti-corruption party which shot to fame last year. Almost a fifth of parliament’s 543 seats were up for grabs yesterday, the third of nine phases of voting in the world’s biggest… Read more →
Dubai: The UAE is expected to spend over $300 billion by 2030 on infrastructure development as the construction sector bounces back after the economic downturn in 2008, according to a report by HVS, a hospitality consultancy. The UAE’s construction sector gained momentum in 2013, the Middle East Hotel Development Cost Trends report stated. Last year, Dubai won the bid to… Read more →
The Indian Space Research Organisation (ISRO) is looking forward to the liftoff of its Polar Satellite Launch Vehicle PSLV-C24 from Sriharikota at 5.14 p.m. today. After more than 19 minutes of flight, if the PSLV-C24 puts India’s navigation satellite, called the Indian Regional Navigation Satellite System (IRNSS-1B), into a perfect orbit, applause will echo across the Mission Control Centre. More… Read more →
MANAMA: One of the greatest shows on Earth gets underway in Bahrain today with the start of the Gulf Air Bahrain Grand Prix. It coincides with the 10th anniversary of the Bahrain International Circuit (BIC) and the most famous racing drivers on the planet will go head to head at the track in Sakhir over the next three days. Events… Read more →
US ambassador to India Nancy Powell has resigned and will return to the United States, an embassy statement said on Monday, following a diplomatic row that strained relations between the world’s biggest democracies. ‘US Ambassador to India Nancy J Powell announced in a US Mission Town Hall meeting March 31 that she has submitted her resignation to President Obama… Read more →
OPPONENTS of a proposed new airport want the project to be scrapped or relocated. They say if it goes ahead at the proposed location off the northern coast of Bahrain, it could destroy more than half of the country’s fisheries. MPs plan to highlight the issue tomorrow during their weekly session, while fishermen will hold an urgent meeting to discuss… Read more →
India’s total external debt stock stood at $ 426.0 billion on 31 December 2013, 5.2 per cent higher than that on 31, March, 2013. The external debt to Gross Domestic Product (GDP) ratio has marginally worsened from 23.3 percent to 21.8 per cent, according to official data released on Friday. The increase in external debt was due to long-term debt,… Read more →
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