US multinational Fitch Ratings on Friday raised India's GDP growth forecast for the current fiscal to 7.8 per cent, up from their earlier estimate of 7.4 per cent, indicating, however, that tightening of financial conditions, global oil prices and accumulated bad loans of banks continued as headwinds to the country's growth.
The Maldives Environment Ministry has inked a US$8.6 million (Maldivian Rufiyaa MVR133 million) contract with the UAE-based Water Engineering Services FZE to establish drinking water facilities on 32 islands.
Defying global stance against terror, China again vetoes sanctions on JeM chief
Defying global opposition to terrorism, China has vetoed sanctions against Masood Azhar, the chief of the terrorist organisation Jaish-e-Mohammad (JeM), extending cover to him and Pakistan that protects him.
China's protection of terrorist Masood Azhar ensures peace for its CPEC
China has a clear strategic vision and its intent and policy are in complete sync with its global interests. It is clear that China is using its diplomatic lever to act against India's interests, as Pakistan has requested, in pursuance of their joint strategic objectives, writes Brig Anil Gupta (retd.) for South Asia Monitor