RBI injects Rs 38.46 bn in banking system via repos
The Reserve Bank of India (RBI) has injected Rs 38.46 billion in the banking system via 1-day repo on Dec. 3, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 13 bids for 1-day repo, were accepted. These repos are traded at a fixed rate of 8%. RBI... read more »
More than 600,000 flee as typhoon nears Philippines
MANILA, Philippines – Haunted by Typhoon Haiyan’s massive devastation last year, more than 600,000 people fled Philippine villages and the military went on full alert Sunday to brace for a powerful storm only hours away from the country’s eastern coast. Typhoon Hagupit — Filipino... read more »
Pakistan kills top al Qaeda leader in raid
Pakistan’s military said on Saturday it had killed a senior al Qaeda leader wanted by the US over a 2009 plot to attack the New York subway system. “In an intelligence borne operation top al Qaeda leader Adnan El Shukrijumah was killed by Pakistan army in an early morning raid in... read more »
Officials: 2 bombings kill 7 people in Iraq
BAGHDAD — Authorities in Iraq say two bombings targeting Shiites have killed seven people around the capital, Baghdad. Police officials say the first attack took place Saturday morning when a bomb exploded near a market in the Shiite section of the town of Mahmoudiya, killing five people and... read more »
India votes against UNGA resolution on nuclear weapons
India, along with the US and Pakistan, has voted against a provision in a UN resolution calling on to “promptly” accede to the NPT as non-nuclear- weapon nation “without... read more »
Lebanon detains Islamic State leader Baghdadi’s wife
ebanese security forces have detained a wife and young child of Islamic State (IS) leader Abu Bakr al-Baghdadi near the border with Syria, the army says. The pair were picked up by military... read more »
India hikes excise duties on diesel, petrol
India on Tuesday raised excise duties on petrol by 2.25 rupees per litre and on diesel by 1 rupee per litre with immediate effect, the finance ministry said in a statement to... read more »
Bangladesh court convicts British reporter of contempt
DHAKA: A Bangladesh court on Tuesday (Dec 2) found an award-winning British journalist guilty of contempt for questioning the official death toll of three million in the country’s... read more »
No Sign of 52 Missing Fishermen in Bering Sea
Rescuers still have found no sign of 52 fishermen missing after a South Korean vessel sank in the freezing waters of the western Bering Sea. The 60-member crew was forced to abandon the boat after it... read more »
