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Finance ministry rules out more changes to budget

A finance ministry official said on Monday the rejection of the proposed annual budget by the Wolesi Jirgafor a second time amounted to a betrayal of the nation. Parliamentarians have refused to approve the budget for the current year by

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India and Qatar ink oil and gas pact amid Iran pressure

India and Qatar have signed a pact to increase cooperation in the field of oil and gas exploration. The deal comes as India looks for more sources of oil and gas to meet its growing energy demands. India has also

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David Cameron arrives in Japan for start of Asia tour

The prime minister has arrived in Tokyo, Japan, on the first stop of a visit to East and South East Asia aimed at encouraging trade deals with the UK. David Cameron is expected to agree a new defence deal with

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Indian steel companies including SAIL forge ties with Afghanistan

Steel minister Beni Prasad Verma is headed to Kabul to sign a memorandum of understanding, as part of India’s growing economic engagement with Afghanistan. Verma will be accompanied by the heads of the ministry’s two star PSUs – SAIL and NMDC. The two PSUs are part

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Fed chief Ben Bernanke says recovery not complete

US Federal Reserve Chairman Ben Bernanke has said the US economy is yet to fully recover from the impact of the global financial crisis. Mr Bernanke said that more regulatory action was needed to ensure the stability of the financial

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