A high-profile consortium led by Japanese multinational firm Hitachi on March 22 signed an agreement with the Gujarat government to set up Asia‘s biggest desalination plant in Dahej special economic zone (SEZ) inSouth Gujarat. The People’s Liberation Army (PLA) has conducted a major ‘live fire’ exercise, testing its J-10 fighters armed with laser-guided and other bombs, in the high-altitude Qinghai-Tibet Plateau. [...]
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America and Eurasia will crash into each other over the North Pole in 50-200 million years time, according to scientists at Yale University. They predict Africa and Australia will join the new “supercontinent” too, which will mark the next coming together of the Earth’s land masses. The continents are last thought to have come together [...]
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China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral trade. The deal will allow firms to convert the Chinese and Japanese currencies directly into each other. Currently businesses in both countries need to buy US dollars before converting them into [...]
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Asian stock markets rose on December 23 in thin holiday trading on signs the U.S. economy is improving. China’s benchmark in Shanghai gained 0.9 per cent to 2,206.23 and Hong Kong’s Hang Seng rose 1.1 per cent to 18,577.91. Japan’s financial markets are closed for a public holiday. Sydney’s S&P/ASX 200 jumped 1.2 per cent to 4,140.40, [...]
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Asian stock markets rose on Dec 11 as investors cheered a new European fiscal pact aimed at fixing the region’s debt crisis and preventing a collapse of the euro currency. Japan’s Nikkei 225 index jumped 1.5 per cent to 8,665.76.South Korea’s Kospi added 1.2 per cent to 1,896.35 andHong Kong’s Hang Seng gained 1.6 per [...]
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As funding for higher education in the United States tightens after the onset of the global recession, an Indian origin philanthropist and businessman, Rajen Kilachand is doing his bit to make a difference. Mr. Kilachand, a Dubai-based entrepreneur, and chairman of the Dodsal group has pledged $25 million to Boston University, the largest donation by [...]
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China launched Pakistan’s first communications satellite on August 13 morning from a sprawling launch centre in western Sichuan province, marking a deepening in technological cooperation between the close allies as well as a boost for the country’s fast-growing commercial satellite industry. The PAKSAT-1R satellite, carried into orbit by a Long March-3B carrier rocket, carries 30 [...]
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India is hosting the eleventh Conference of the Parties (CoP-11) to the Convention on Biological Diversity (CBD), and the sixth Conference of the Parties serving as Meeting of the Parties (CoP/MoP-6) to the Cartagena Protocol on Bio-safety to be held on 1-19 October, 2012. The Ministry of Environment and Forests and Convention on Biological Diversity [...]
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Having been described over the years as the best-laid natural garden in Asia and a “Botanist’s Paradise”, the over 150-year-old Government Botanical Garden (GBG) here is now in the process of getting its natural beauty enhanced artificially. In keeping with a beautification plan drawn up by the Department of Horticulture and Plantation Crops under its [...]
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Image via Wikipedia Even as Asia continued to be the favourite destination for investors parking money in clean energy projects rising sharply by 33 per cent, India continued its rise as top destination ranking 10th among the G-20 countries and China emerging on the top. Private investments in clean energy in Asia touched $82.8 billion. [...]
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India’s exports went up by 49.8 per cent year-on-year to USD 23.6 billion in February on the back of increased demand from markets like North America, Asia and Africa. During April-February, 2011, the country’s merchandise shipments grew by 31.4 per cent to USD 208.2 billion, surpassing the export target of USD 200 billion for the [...]
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Mexican billionaire Mr Carlos Slim Helu remained the richest person in the world with $74 billion in assets, while NRI steel magnate, Mr Lakshmi Mittal, and the Reliance Industries chief, Mr Mukesh Ambani, made it to the Top 10 at sixth and ninth places respectively of US magazine Forbes’ annual list of world’s top billionaires. [...]
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The Global Summit of Women 2008 (GSW) or the œDavos for Women was held at Hanoi with the participants calling for further efforts to help women worldwide to cope with opportunities and challenges brought by globalisation. The theme of the meet was œWomen and Asia-Driving the Global Economy. Some Women leaders : Mozambique Prime Minister [...]
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Australian Prime Minister Kevin Rudd has suggested a European Union-style bloc, comprising states such as India, the United States, China and Australia, to step up security and cooperation in the Asia-Pacific.
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The World Health Organisation (WHO) has called upon its member-countries to ban tobacco advertising to protect youth from taking to smoking. Studies have shown that most smokers in South-East Asia start tobacco consumption before the age of 18 years, and almost a quarter of them start using it even before they are 10. The WHO [...]
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