Minorities group hopes Obama victory will end terrorism
NAT38National/PoliticsMinorities group hopes Obama victory will end terrorismMumbai, Nov 5 IANS Expressing hope that the US relations with India and the Islamic world would enter a new era, the All India Minorities Front AIMF Wednesday greeted Barack Obama’s election as “a historic triumph which overcame racial barriers as old as America itself”.In a message to Obama, AIMF president S.M. Asif said that in his election “the world will find a new leader and the blacks will have honour and dignity all over”  read more

Posted by IANS on Friday Nov 07
Brown eyes Gulf funds to fight meltdown
INT118International/Diplomacy/EconomyBrown eyes Gulf funds to fight meltdownDubai, Nov 5 IANS British Prime Minister Gordon Brown has asked Saudi Arabia, Qatar and the United Arab Emirates UAE to contribute to his proposed expanded International Monetary Fund IMF in return for international recognition of these countries' increasing economic weight at this month's Group of 20 summit in Washington. “During his most recent tour in the region, Brown told leaders of the Gulf states that  read more

Posted by IANS on Friday Nov 07
Zardari says Pak Govt cannot afford IMF's tough conditions
Islamabad, Oct 29 ANI: Pakistan President Asif Ali Zardari has said that the Pakistani government could not afford the "tough conditions" linked to the likely financial assistance from the International Monetary Fund IMF."Time is running out and there is an urgent need for the Friends of Pakistan forum to extend a helping hand," the Daily Times quoted Zardari as telling Adviser to the British Prime Minister Simon McDonald who met him at the President's House last evening.Zardari added that the country was looking for economic opportunities and international investment  read more

Posted by aniin on Friday Oct 31
India for greater IMF watch on major economies
INT60International/EconomyIndia for greater IMF watch on major economiesBy Arun KumarWashington, Oct 11 IANS India has asked the International Monetary Fund IMF to refocus and strengthen its traditional surveillance and lending functions as part of efforts to resolve the global financial crisis with the spotlight on important bigger countries."The twin crises - in the financial markets and the commodity price increases - bring to the fore the role of the Fund," Finance Minister P. Chidambaram told the International Monetary and Financial Committee Meeting here Saturday  read more

Posted by IANS on Sunday Oct 12
Markets open weak, go into free fall
BUS1Business/BusinessMarkets open weak, go into free fallMumbai, Oct 3IANS Indian equities markets opened weak Wednesday and slid deep into red half an hour into trading on reports that multilateral funding agency International Monetary Fund IMF considers India vulnerable to the global financial meltdown.Half an hour into trading, the 30-share sensitive index Sensex of the Bombay Stock Exchange BSE was at 11,029.03, down 666.21 points or 5.70 percent against its previous close at 11,695.24 points  read more

Posted by IANS on Wednesday Oct 08
Indian equities in free fall, key index below 11,000 Lead
BUS4Business/Business/EconomyIndian equities in free fall, key index below 11,000 LeadMumbai, Oct 8 IANS The bloodbath in the Indian equities markets continued Wednesday with a key index dipping below the psychologically important 11,000-point mark after opening weak.There was all round selling pressure as nervous investors grappled with news that even the global multilateral funding agency, the International Monetary Fund IMF, considers India vulnerable to the global financial meltdown.At 12.22 p  read more

Posted by IANS on Wednesday Oct 08
Muslims urged to celebrate Eid with austerity
NAT55National/Society/TerrorismMuslims urged to celebrate Eid with austerityMumbai, Sep 29 IANS The All India Muslim Front AIMF Monday appealed to Muslims to celebrate Eid-ul-Fitr with austerity and wear black caps or bands to condemn the spate of recent terrorist bombings in various parts of India.In a statement here, AIMF general secretary Hyder Azam urged Muslims to keep the celebrations simple and low-key and asked them to hold special prayers to wipe out the spectre of terrorism from India and the rest of the world  read more

Posted by IANS on Wednesday Oct 01
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