Rashid Khan News
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The biggest critic of India’s $100 billion budget deficit is also one of the largest purchasers of the debt that finances it: the central bank.
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India’s central bank is considering reducing the proportion of lenders’ bond holdings that is shielded from market fluctuations as it seeks to boost trading in government securities.
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The two polite Pakistanis who helped Osama bin Laden hide in the shadow of their country’s army bought bulk food orders, chose major brands and equally favored Pepsi and Coke, neighbors and a local shopkeeper said.
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The world’s largest power ship lies anchored off Pakistan’s energy-starved port city of Karachi, just one of its 19 chimneys puffing smoke into the sea air.
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India and Pakistan traded accusations of unprovoked deadly violations of their border truce in the disputed Himalayan region of Kashmir, casting a shadow over moves to improve ties between the rivals.
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Pakistani lawmakers elected Raja Pervez Ashraf, a former minister, as successor to Prime Minister Yousuf Raza Gilani, who was ousted from his position by a Supreme Court ruling earlier this week.
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A terrorism suspect India had demanded its rival Pakistan hand over during security talks two months ago has been in a Mumbai jail for over a year, the second man on a most-wanted list already arrested in the city.
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Protests in Pakistan sparked by Osama bin Laden ’s killing have drawn smaller crowds than those over U.S. drone attacks, showing that the al-Qaeda leader failed to win broad support even amid widespread anti-American sentiment.
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India is considering a new term for Subir Gokarn, the deputy governor in charge of monetary policy at the nation’s central bank, a government official with direct knowledge of the matter said.
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India is considering economist Urjit Patel as one of three candidates for deputy governor at the nation’s central bank, a government official with direct knowledge of the matter said.
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