Australian budget airline Jetstar eying China, India flightsOctober 5th, 2009 SYDNEY - The head of the low-cost airline Jetstar, Bruce Buchanan, has aid that the airline is eying route-related opportunities in China and India. Buchanan said the airline was continuing to benefit from a favourable economic environment with relatively low fuel prices, favourable currency movements, low interest rates and low unemployment in Australia.
Wal-Mart Stores will offer 100 toys for $10 during holiday seasonSeptember 30th, 2009 Wal-Mart to offer 100 toys for $10 during holidaysBENTONVILLE, Ark. — Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will offer more than 100 toys at $10 during the key holiday season.
Australian deputy PM to visit IndiaAugust 21st, 2009 SYDNEY - Australia's Deputy Prime Minister Julia Gillard will visit India later this month to take its relationship with New Delhi to "a higher level". Gillard will leave for a five-day trip Aug 30, paving the way for a visit by Prime Minister Kevin Rudd later in the year, his first to India since coming to power in 2007, The Age reported Friday.
Yanzhou offers to buy Felix for 16.95 Australian dollars, plus dividend, and Felix backs bidAugust 14th, 2009 Yanzhou Coal makes bid for Felix ResourcesNEW YORK — Yanzhou Coal Mining Co. of China said Thursday it made an offer for Australian coal miner Felix Resources Ltd., and Felix Resources says it board of directors supports the bid.
Indian student faces deportation from AustraliaAugust 14th, 2009 MELBOURNE - Indian student Shivendra Singh, who is suffering from severe depression after being the victim of three armed robberies, is being "threatened with deportation", a media report said Friday. The 30-year-old IT student, who came to the Australian city of Adelaide from Uttar Pradesh in India, wants to take his skills back to India but has been caught in a dilemma not of his own making, ABC Online reported.
Canadian company acquiring Crow's coal-to-liquids partner, Australian execs retain controlJuly 29th, 2009 Canadian company acquiring coal-to-liquids companyBILLINGS, Mont. — A Canadian company is acquiring the Australian energy firm that has proposed a $7.4 billion coal-to-liquids plant on Montana's Crow Indian Reservation.
Indian students completely safe: Australian delegationJuly 13th, 2009 CHANDIGARH - An Australian delegation Monday assured the Punjab government that Indian students, the majority of whom are from Punjab, are completely safe in the country despite the recent spate of racist attacks against them. The delegation, headed by Colin Walters of the department of education employment and workplace relations and officials from the department of public safety, met Punjab's Chief Secretary Subodh C.
India to resume roadshows for hydrocarbon assets auctionJuly 7th, 2009 NEW DELHI - India will resume road shows for its latest round of auction of hydrocarbon assets, with the finance minister announcing in the union budget that tax holiday would be extended to natural gas production. Now that this clarity is there, the road show will go ahead and we expect good response on this account, Petroleum Secretary R.S.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
Want to buy an island? They're going cheap in AustraliaMay 24th, 2009 SYDNEY - There's never been a better time to buy your own holiday island in sunny Australia. What sounds like the standard sales pitch of generations of white-shoed property merchants, this time is for real.
Treasurer says Australian economy forecast to grow 2.25 percent in fiscal 2010-11May 12th, 2009 Australian economy forecast to grow in 2010-11CANBERRA, Australia — Treasurer Wayne Swan says the Australian economy is forecast to shrink half a percentage point in the next fiscal year then rebound to 2.25 percent growth in the following 2010-11 fiscal year. Swan revealed the current Treasury forecasts Tuesday as he released his government's budget for the next fiscal year beginning July 1, 2009.
Panjab University to provide insurance cover for students, parentsApril 14th, 2009 CHANDIGARH - Panjab University (PU) has decided to provide all its students insurance cover of Rs. 200,000 from the next academic session.
Australia to start natural gas exports to India by 2014March 19th, 2009 CHANDIGARH - Describing India as 'an ideal place for bilateral trade', a top Australian diplomat said here Wednesday that his country has the potential to meet New Delhi's rising demand for natural resources and it would start exporting natural gas to India by 2014. 'By 2013-14, we would be in a comfortable position to export liquefied natural gas (LNG) to India,' Australian High Commissioner to India John McCarthy told reporters.
Australia to reopen dairy exports to IndiaMarch 4th, 2009 CANBERRA - The Australian and the Indian government agreed Tuesday to resume the trade of Australian milk products for the first time since the suspension of importing goods in 2003. 'India's changing demographics, particularly its growing middle class and urbanization, is creating real potential for the trade growth and Australia is well placed to provide high-value dairy products,' Trade Minister Simon Crean said in a statement while commenting on the bilateral agreement.
Panjab University signs pact with Australian varsityJanuary 13th, 2009 CHANDIGARH - Panjab University (PU) signed an agreement on academic collaboration with the University of Western Australia (UWA) Wednesday. 'This collaboration will include both the staff and student exchange programmes and will facilitate the exchange of technical knowhow between the two institutions,' said B.S.