Sri lanka secures $1.5 billion IMF loan
Colombo: The IMF has agreed a $1.5 billion loan for cash-strapped Sri lanka to support Government’s reform agenda for the next three years and help lower its borrowing costs and fix its finances.
H-1B visa fraud: Indian-US couple convicted
Washington: An Indian-American couple has been convicted on charges of H-1B visa fraud and will face up to 30 years imprisonment, the Department of Justice has said.
Man gets 19 yrs jail for for stalking woman
Washington: A 32-year-old Indian-origin man has been sentenced to 19 years of prison in the US for stalking a woman from New Delhi to Texas for nearly a decade.
11 dead after copter crashes off Norway
Osla: An oil-rig helicopter crashed on Friday on an island off the coast of western Norway, killing 11 people and leaving two others missing, a rescue official said.
US welcomes India’s interest in joining APEC
Washington: The US has welcomed India’s interest in joining Asia-Pacific Economic Corporation (APEC) and said it would hold talks with New Delhi in this regard.
Senate confirms Obama’s Mexico ambassador pick
Washington: The Senate has confirmed President Barack Obama’s nominee to be US ambassador to Mexico, clearing the way for the first woman to hold what is considered to be one of the country’s most important diplomatic posts.
‘Obama felt disappointed after Taj miss’
Washington: US President Barack Obama was “disappointed” at not being able to visit the iconic Taj Mahal during his trip to India last year, the White House has said.
stable growth for Asia-Pacific region: UN
United Nations: A new UN report says that growth for Asia-Pacific economies is broadly stable and expected to rise 4.8 per cent in 2016 and 5 per cent in 2017, up from an estimated 4.6 per cent growth in 2015.
2 S Africans conferred with ‘Order of luthuli’
Pretoria: Two Indian-origin South Africans, along with former president Nelson Mandela’s ex-wife Winnie Madikizela-Mandela and 29 others, were honoured with South Africa’s highest national award ‘Order of luthuli’.
NASA-inspired suits helps save new moms
Washington: Inspired by NASA research on inflated anti-gravity suit, ‘miracle suits’ are helping save new mothers around the world by preventing blood loss during or after childbirth, according to the US space agency.
‘India performing well compared to others’ ‘
United Nations: With India projected to grow at 7.8 per cent in 2017-18, a UN expert said cautious macro economic policy, reduced inflation and some structural reforms have helped the country perform relatively well in an environment of global economic slowdown.
Pak woman activist wins Nelson Mandela award
Islamabad: Tabassum Adnan, a women’s rights activist from Pakistan’s troubled Swat valley has won the prestigious Nelson Mandela award, becoming the second woman from the restive region to gain international recognition after Nobel laureate Malala Yousafzai.