India’s external debt rose to $230.85 bn

October 12th, 2009 NEW DELHI - India has decided to increase to $1 million its contribution to the United Nations agency working with Palestinian refugees. A statement of the ministry of external affairs said that increase in contribution was keeping with Indias consistent and principled support for the people of Palestine.

October 6th, 2009 NEW DELHI - Reciprocating Bahrain's support for its UN Security Council (UNSC) aspirations, India Tuesday said it will support the Gulf country's bid for a non-permanent seat in the UNSC in 2026-27. Bahrain reiterated its position that Indias permanent membership in the Security Council would be a stabilising influence in the whole region, the external affairs ministry said here Tuesday, a day after Minister of State for External Affairs Shashi Tharoor held talks with leaders of the Gulf country.

September 30th, 2009 MUMBAI - India's current account deficit stood at $5.8 billion in the first quarter of the current fiscal as compared to $9 billion a year ago, the Reserve Bank of India (RBI) said Wednesday. The bank said in a statement that the capital account "showed a turnaround from a negative balance in the last two quarters of 2008-09 to a positive balance of $6.7 billion during the first quarter of 2009-10".

August 12th, 2009 NEW DELHI - Further signs of recovery in India's industrial sector emerged Wednesday with the latest official data indicating a 7.8 percent growth in June over the like month the previous year. Notably, the manufacturing output rose 7.3 percent during the month, as per the data on the index of industrial production released by the Central Statistical Organisation here.

August 7th, 2009 Air India plans to go low-cost to surviveMUMBAI, India — India's loss-making national airline Air India says it will transform itself into a budget carrier for domestic flights and float an initial public offering by 2012 as part of a three-year turnaround plan. Air India, which is owned by the government, is in negotiations with New Delhi over how to stave off financial collapse.

July 24th, 2009 NEW DELHI - India's ambassador to Singapore S. Jaishankar was Friday named the envoy to Beijing and Nalin Surie, secretary (west) in the external affairs ministry, is New Delhi's new high commissioner in London.

July 23rd, 2009 St. Jude Medical plans debt securities offeringST. PAUL, Minn. — Medical device maker St.

July 20th, 2009 RAIPUR - Chhattisgarh Chief Minister Raman Singh Monday said the state's per capita debt rose to Rs.5,995 last fiscal from Rs.4,596.67 in 2003-04. He told the state assembly that the per capita debt burden was Rs.4,881.51 in 2004-05 and went up to to Rs.5,370.61 in 2006-07.

July 9th, 2009 NEW DELHI - External Affairs Minister S M Krishna on Thursday said that the confession by Pakistan President Asif Ali Zardari on nurturing of terrorists in his country has justified India's stand about terrorists originating form the neighbouring country. Krishna said that India has repeatedly maintained that Pakistan's soil was being used for terrorist attacks on India.

June 30th, 2009 NEW DELHI - Nirupama Rao, India's ambassador to China, is set to succeed Shivshankar Menon as India's next foreign secretary. Rao's name has been sent for approval to the Cabinet Committee on Appointments, reliable sources told IANS.

June 30th, 2009 MUMBAI - India's external debt rose 2.4 percent or $5.3 billion to $229.9 billion for the fiscal ended March 31, the Reserve Bank of India (RBI) said Tuesday. India, which has an external debt equivalent to 22 percent of its gross domestic product, was already the fifth most indebted country in the world in 2007, the central bank said in a statement.

June 22nd, 2009 NEW DELHI - Minister of State for External Affairs Preneet Kaur will represent India at the United Nations' conference on the economic crisis this week. A statement from the ministry said that Kaur's participation was in the context of Indias proactive and constructive engagement with the global community in order to address and meet the challenges posed by the crisis.

May 12th, 2009 Treasurys rise sharply as stock market pulls backNEW YORK — Treasury prices jumped Monday as the stock market retreated and the Federal Reserve bought more government debt. Demand for the safety of government debt came as the Dow Jones industrial average tumbled 156 points over concerns a rally since March has been too steep and as the central bank bought $3.5 billion in Treasury Department debt.

April 16th, 2009 NEW DELHI - The government Thursday announced the appointment of Hardeep Singh Puri, secretary in the external affairs ministry, as India's Permanent Representative to the United Nations. 'He is expected to take up his assignment shortly,' the external affairs ministry said here.

February 2nd, 2009 ISLAMABAD - Pakistan's public debt is expected to rise by a staggering 34 percent or Rs.2 trillion ($25 billion) in the current fiscal largely due to the massive depreciation of the rupee and external loans obtained for maintaining the balance of payments. The public debt was at Rs.5.9 trillion at the beginning of the fiscal July 1, 2008.