World

New Delhi, Mar 2: It was supposed to be the crowning achievement of Malaysian tycoon T Ananda Krishnan's five-decade career. But his $7 billion bet on mobile carrier Aircel Ltd may instead go down as one of the biggest-ever flops by a foreign investor in India, a stark reminder that doing business in the world's fastest-growing major economy is often a lot tougher than it looks. Krishnan's holding

Baku, Mar 2: At least 30 people died as a fire tore through a drug rehabilitation clinic in the Azerbaijani capital Baku early on Friday, the local APA news agency reported. Firefighters and rescuers of Azerbaijan's emergencies ministry had extinguished the blaze and were investigating its causes, the news agency added.

Washington, Mar 1: Hope Hicks, one of US President Donald Trump`s longest-serving, most trusted aides, is resigning from her job as White House communications director. The White House announced she was leaving a day after Hicks, 29, spent nine hours in a closed hearing of the House of Representatives Intelligence Committee on its investigation into Russian meddling in the 2016 U.S. presidential

Washington, Mar 1: Describing India as an "incredibly valuable and close counter-terrorism partner" of the US, the Trump Administration on Thursday said the future is "very bright" for bilateral co-operation in this arena. US Counter-terrorism Coordinator, Nathan Sales credited the meetings between Prime Minister Narendra Modi and Trump early in the latter's tenure as the reason behind a "powerful

Firestar Diamond Inc, the flagship company of billionaire Nirav Modi who is at the centre of India's biggest-ever bank scam, has filed for bankruptcy in the United States. The company has listed assets and liabilities in the range of $50 million to $100 million, according to a court filing in the Southern District Of New York on Monday. Indian state-run lender Punjab National Bank had earlier this

Seoul, Feb 27: South Korean prosecutors on Tuesday sought a 30-year jail term for former president Park Geun-hye who was ousted last year amid an influence-peddling scandal as supporters braved the winter cold outside the Seoul court demanding her immediate release. Park, 66, was dismissed in March after being impeached and is standing trial on charges of bribery, abuse of power and coercion in a

Washington, Feb 27: President Donald Trump today once again raked up the issue of high import duty on Harley-Davidson motorcycles by India, saying the US was "getting nothing" with the New Delhi's recent announcement that it had slashed customs duty on imported motorcycles from high-end brands to 50 per cent. He added the US wants fair and reciprocal trade deals. "When they (Harley Davidson) send

Abuja, Feb 26: The Nigerian government today confirmed that 110 girls were missing after a Boko Haram school attack in the northeast, following days of silence on the children's fate. "The Federal Government has confirmed that 110 students of the Government Science and Technical College in Dapchi, Yobe State, are so far unaccounted for, after insurgents believed to be from a faction of Boko Haram

United Nations, Feb 25: The UN Security Council has unanimously demanded a 30-day ceasefire in Syria, as new air strikes on the rebel enclave of Eastern Ghouta took the civilian death toll from seven days of bombing to more than 500. With support from Russia, the Security Council adopted a resolution on the ceasefire to allow for humanitarian aid deliveries and medical evacuations, but the measure

Beijing, Feb 25: China's ruling Communist Party on Sunday set the stage for President Xi Jinping to stay in office indefinitely, with a proposal to remove a constitutional clause limiting presidential service to just two terms in office. Xi, 64, is currently required by the country's constitution to step down as president after two five-year terms. Nearing the end of his first term, he will be