Russia's RDIF, India's SBI to invest $2 billion in cooperation projects

Russia's RDIF, India's SBI to invest $2 billion in cooperation projects


Russia's RDIF, India's SBI to invest $2 billion in cooperation projects

Posted: 23 Dec 2012 11:35 PM PST

NEW DELHI (Reuters) - Russian Direct Investment Fund (RDIF), a sovereign wealth fund, and Indian lender State Bank of India will jointly invest up to $2 billion (£1.2 billion) to promote trade and economic cooperation projects, the Russian fund said in a statement on Monday.


India clamps down on gang-rape protests, PM appeals for calm

Posted: 23 Dec 2012 11:24 PM PST

NEW DELHI (Reuters) - Indian authorities throttled movement in the heart of the capital on Monday, shutting roads and railway stations in a bid to restore law and order after police fought pitched battles with protesters enraged by the gang rape of a young woman.


Fragile Egypt economy overshadows Mursi's vote win

Posted: 23 Dec 2012 11:15 PM PST

CAIRO (Reuters) - Egyptian President Mohamed Mursi will have little time to savour victory in pushing through a new constitution as it may have cost the Islamist leader broader support for urgent austerity measures needed to fix the creaking economy.


Six more suspects detained over mechanic's murder in Selayang

Posted: 24 Dec 2012 12:45 AM PST

Selangor police arrested six youths aged 17 to 22 in separate operations yesterday and early today to assist in the investigation into the murder of a mechanic in Selayang Baru, early yesterday.

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Student's appeal for stay of sentence granted

Posted: 24 Dec 2012 12:30 AM PST

The High Court here today granted student activist Umar Mohammad Azmi's appeal for a stay of his sentence after spending a weekend in the Kajang Prison.

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Thousands flock to Bethlehem for Christmas

Posted: 24 Dec 2012 12:22 AM PST

Thousands of Palestinians and tourists were flocking to the West Bank city of Bethlehem on Monday to mark Christmas at the site where many believe Jesus Christ was born.

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Afghan policewoman kills US advisor in police chief’s compound

Posted: 23 Dec 2012 11:33 PM PST

KABUL, Dec 24 — An Afghan policewoman shot dead today a US forces member in the compound of the chief of police in the capital, Kabul, police and Afghanistan's NATO-led force said. "A US police advisor was killed in an attack by an Afghan policewoman," a spokesman for the NATO force said. Mohammad Zahir, head of the police criminal investigation ...


Egyptians back new constitution in referendum

Posted: 23 Dec 2012 10:28 PM PST

CAIRO, Dec 24 – An Islamist-backed Egyptian constitution won approval in a referendum, rival camps said yesterday, after a vote the opposition said would sow deep social divisions in the Arab world's most populous nation. The Islamist Muslim Brotherhood, which propelled President Mohamed Mursi to power in a June election, said an unofficial tally ...


Indian PM calls for calm after gang rape sparks violent protests

Posted: 23 Dec 2012 10:19 PM PST

NEW DELHI, Dec 24 – Indian Prime Minister Manmohan Singh appealed for calm today as he sought to tamp down growing public outrage over the gang rape of a young woman that led to clashes between police and protesters in the heart of the capital at the weekend. Singh, who has faced fierce criticism for remaining largely silent about the rape, vowed ...


Air strike kills dozens of Syrians waiting to buy bread

Posted: 23 Dec 2012 05:47 PM PST

BEIRUT, Dec 24 — Dozens of people were killed and many more wounded in a Syrian government air strike that hit a bakery where a crowd was queuing for bread yesterday, activists said. If confirmed, the attack on Halfaya in central Syria, which was seized by rebels last week, would be one of the deadliest air strikes of Syria's civil war. Videos ...


CAR rebels seize biggest, most southern town yet

Posted: 23 Dec 2012 05:40 PM PST

BANGUI, Dec 24 — Rebels in the Central African Republic yesterday seized the town of Bambari, the biggest prize yet in a push that has brought rebels to within 400km of the capital, Bangui. "Bambari has fallen. It is a disaster," Mylene Abissini, a customs officer resident in the town, told Reuters by telephone. Local officials said government ...


US Navy SEAL dead in Afghanistan in reported suicide

Posted: 23 Dec 2012 05:26 PM PST

WASHINGTON, Dec 24 — A senior member of the US Navy's elite SEAL unit has died in Afghanistan, the Defence Department said yesterday, and media reports said the death was a possible suicide. Commander Job Price, 42, of Pottstown, Pennsylvania, died on Saturday of a non-combat related injury in central Afghanistan's Uruzgan Province, the Pentagon ...


Putin visits India, eyes arms sales, trade and political ties

Posted: 23 Dec 2012 05:06 PM PST

MOSCOW, Dec 24 — Arms sales will be on the agenda when Russian President Vladimir Putin visits India today to court a country that has traditionally been a top client. Putin's trip, his first to India since he started a new Kremlin six-year term in May, is a chance to reaffirm Russia's interest in India, long a regional ally and now a partner in ...


Sworn enemies could decide fate of weakened Indian government

Posted: 23 Dec 2012 04:42 PM PST

NEW DELHI, Dec 24 — Sonia Gandhi, the usually reserved and poised leader of India's ruling Congress party, leapt from her front-bench seat in parliament last week to grab back a document that a lawmaker had snatched from a government minister's hands. She caught the lawmaker by the arm, some media reports said, but failed to retrieve the document ...


Malaysia's GDP to grow 5-5.5 pct next year, says Donald Lim

Posted: 23 Dec 2012 11:39 PM PST

Deputy Finance Minister Datuk Donald Lim Siang Chai is positive that Malaysia's gross domestic product (GDP) growth will reach between five per cent and 5.5 per cent next year.

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Afghan policewoman kills U.S. adviser in police chief's compound

Posted: 23 Dec 2012 11:03 PM PST

KABUL (Reuters) - An Afghan policewoman shot dead on Monday a U.S. forces member in the compound of the chief of police in the capital, Kabul, police and Afghanistan's NATO-led force said.


Two sisters get day's jail, RM1,000 fine for stealing at supermarket

Posted: 23 Dec 2012 11:39 PM PST

Two sisters were sentenced to a day's jail and fined RM1,000 after they pleaded guilty to stealing various goods from a supermarket here three days ago.

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Eight Indonesians charged with gang robbery against tanker

Posted: 23 Dec 2012 11:38 PM PST

Eight Indonesian men were charged in the Magistrate's Court here today to committing gang robbery with dangerous weapons against a tanker in the waters of Malaysia two weeks ago.

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As mobile online shopping grows in popularity so do the risks to data protection

Posted: 23 Dec 2012 11:30 PM PST

Smarphone and tablet owners distracted by the festive season could be more vulnerable to cyber fraud and malware.

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Accidental ad click-through could be driving trend for larger smartphone displays

Posted: 23 Dec 2012 11:22 PM PST

The 'fat finger' problem might explain the popularity of phablet devices like the Samsung Galaxy Note II.

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