World News

Stockholm: US trio Lars Peter Hansen, Eugene Fama and Robert Shiller won the Nobel Economics Prize today for groundbreaking work on spotting trends in asset markets, the jury said.

London: US Secretary of State John Kerry says the window for diplomacy with Iran over its nuclear programme is "cracking open," but that "no deal is better than a bad deal."

WASHINGTON: President Barack Obama and his Democrats and opposition Republicans have yet to reach a deal on how to end the government shutdown, now in its 12th day, or raise the debt limit, but they have agreed to keep talking.

WASHINGTON: Acknowledging that the current global economic outlook presents challenges, the G20 countries has asked the US to take urgent action to address short-term fiscal uncertainties.

SINGAPORE: Trade statistics showed that India has overtaken Thailand as the biggest rice supplier to Singapore, a newspaper reported Saturday.

MALE: Maldivian President Mohamed Waheed will not contest the fresh presidential polls next week, saying he wants to be a neutral caretaker and ensure the election process continues with greater fairness.

ON BOARD PM’S SPECIAL AIRCRAFT: Making it clear that India and Pakistan are not at a stage where they can resume dialogue, External Affairs Minister Salman Khurshid Saturday said recent incidents on the LoC are “upsetting” and are not conducive to the normalisation of ties.

JAKARTA: India is looking for stronger ties with Indonesia in economic and other areas of cooperation, with some key agreements likely to be signed during Prime Minister Manmohan Singh’s current visit to the south Asian nation.

JEDDAH: All arrangements for over one lakh Indian Hajj pilgrims this year have been completed by Indian authorities in Saudi Arabia.

According to the Indian Consulate in Jeddah, all those dealing with Indian pilgrims have been asked to make elaborate arrangements for water,

ISLAMABAD: A Pakistani court Friday remanded beleaguered former president Pervez Musharraf to judicial custody for 14 days while another court rejected a request to bar him from travelling out of the country.