Pravasi Herald
US/Intl
Friday, May 18, 2012
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Malaysia And India Ink Free Trade Pact

India and Malaysia signed a free trade agreement Friday, the second this week for Asia's third-largest economy as it seeks to deepen its economic ties in the region.

The economic partnership agreement came just two days after India sealed a similar pact with Japan, and will pave the way for trade between Malaysia and India to reach $15 billion by 2015.

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02/18/11
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Sony Booming In India On Strong Brand Image

Sony is doing booming business in India, dominating in flat-panel TVs and digital cameras, and is in good shape to keep growing in coming years, a top executive said Friday.

Sony's success in India — where a new middle class is snatching up gadgets — is a bright spot for the Japanese electronics maker that's getting beaten in North America by U.S. rival Apple Inc. and Samsung Electronics Co. of South Korea.

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02/18/11
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Tagore anthem kicks-off cricket World Cup opening ceremony

Dhaka. The spectacular opening ceremony of the cricket World Cup began here Wednesday evening with the Banglades national anthem 'Amar Shonar Bangla', composed by Nobel laureate Rabindranath Tagore, at the Bangabandhu International Stadium.

After the national anthem and the welcome song, the mascot 'Stumpy' entered the stadium on a cycle-rickshaw, followed by the 14 captains on decorated cycle-rickshaws, the most popular mode of transport in Bangladesh.

Bangladesh is the tournament's co-host. The first match is scheduled for Feb. 19 between co-hosts Bangladesh and India in Mirpur, Bangladesh.

02/17/11
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Wanted: A Grand Strategy for America

The statesman can only wait and listen until he hears the footsteps of God resounding through events; then he must jump up and grasp the hem of His coat, that is all.” Thus Otto von Bismarck, the great Prussian statesman who united Germany and thereby reshaped Europe’s balance of power nearly a century and a half ago.

Last week, for the second time in his presidency, Barack Obama heard those footsteps, jumped up to grasp a historic opportunity … and missed it completely.

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02/13/11
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Egypt’s Mubarak steps down

Cairo, Egypt (CNN) -- Egyptian President Hosni Mubarak resigned Friday, relinquishing power after three decades of iron-clad rule in the powerhouse nation of the Arab world.

Vice President Omar Suleiman announced the resignation on state television and said he was transferring authority to the Supreme Council of the Armed Forces to "run the affairs of the country."

Tens of thousands of emotional anti-government protesters erupted in deafening cheers on the streets of Cairo after the announcement.

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02/11/11
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Egypt’s Mubarak refuses to quit

Egypt's President Hosni Mubarak has said he will stay in office and transfer all power only after September's presidential election.

His comments in a national TV address confounded earlier reports that he was preparing to stand down immediately.

Mubarak said he would delegate some powers to Vice-President Omar Suleiman, but the details of this remain unclear.

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02/10/11
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Lawyer: accused honeymoon killer too ill for court

LONDON -- A British businessman accused of murdering his bride on their honeymoon was too ill to attend a court hearing on whether he should face charges in South Africa, his lawyer said Tuesday.

Police accuse Shrien Dewani of hiring three South African hitmen to kill his Swedish wife. Dewani denies the charges.

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02/09/11
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UK visa curbs will hit Indian MBA students

LONDON: Britain's move to abolish the visa that allows Indian and other non-EU students to take up employment in the UK for two years after the completion of their courses is likely to reduce the number of Indians coming here for MBA degrees, an industry body has said.

The London-based Association of MBAs, which accredits business management courses in 70 countries, including the UK, said the proposed move was of 'significant concern', and would restrict enrolment of international students from India and elsewhere.

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02/07/11
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Egypt Ruling Party Leaders Resign; Regime Holds

02/05/11
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Mallya: ‘India is not a bubble’

The owner of  Whyte & Mackay - billionaire Vijay Mallya - tells BBC Scotland's business editor, Douglas Fraser, India's economic rise is not temporary.

Scotch whisky, Kingfisher beer, cricket, Formula 1 Grand Prix, and his all-frills airline: the flamboyant Indian billionaire has been discussing his business prospects at the heart of the new Indian lifestyle industry.

In a frank interview, he talks about his home country's rapid growth and the choices of hundreds of millions of Indians with money to spend - on his products.

Click to watch the video interview!

01/23/11
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