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Archery World Cup: India finished 4th

July 25, 2013

India finishes fourth in the Archery World Cup Stage 3 held in Medellin, Colombia. Deepika Kumari’s gold and bronze medal performances on the concluding day helped India finished fourth in the Archery World Cup Stage 3 in Medellin, Colombia. Key ..

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Two US Jets drops bombs on Great Barrier Reef Marine Park

July 25, 2013

The two AV-8B Harrier jets launched from aircraft carrier USS Bonhomme Richard dropped four unarmed bomb in the World Heritage listed Marine Park off the coast of Queensland state when the training exercise went wrong. The four bombs were dropped ..

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Rajat Gupta fined $13.9 million for Insider Trading

July 24, 2013

Rajat Gupta fined $13.9 million for Insider Trading. The former Goldman Sachs Director Rajat Gupta has been fined a penalty of $13.9 million for one of the biggest insider trading case and has been eternally expelled from acting as an officer ..

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IOR countries to pursue open regionalism to stimulate growth

July 10, 2013

Trade and industry ministers of Indian Ocean Rim Association for Regional Cooperation (IORARC) member nations agreed to promote trade within the grouping to encourage economic cooperation and development in the strategic Indian Ocean region. India (Gurgaon) and Mauritius co-hosted the ..

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FIIs withdraw $5.6 billion from debt market in June 2013

July 6, 2013

Past June 2013 was quite unfortunate for Indian currency and Indian debt market as it saw a historic outflow of FIIs to the tune of $5.6 billion which was the highest ever withdrawal in the market’s history. A weak rupee ..

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India rejects Snowden's request seeking political asylum

July 5, 2013

India turned down USA whistleblower Edward Snowden’s request seeking political asylum. The Indian Embassy in Moscow had received a communication containing a request for asylum. Earlier, Snowden, currently sheltered in the transit zone of Moscow airport, has sought asylum in 20 countries, ..

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US to provide $150,000 for Uttarakhand flood relief via USAID

June 29, 2013

US secretary of state John Kerry reached out to India over the Uttarakhand disaster on Sunday as the US announced $150,000 through the United States Agency for International Development (USAID) to non-governmental organizations working in the most-affected areas. About USAID: The United States Agency for International Development (USAID) is the United ..

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Obama nominates James Comey as next FBI director

June 29, 2013

The US President Barack Obama nominated James Comey as the next FBI (Federal Bureau of Investigation) Director. James Comey has been a registered Republican and former Justice Department official under President George W. Bush. The US senate is yet to confirm his nomination. ..

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Indians among top 5 foreign real estate buyers in the US

June 28, 2013

As per report titled “2013 Profile of International Home Buying Activity”, Indians are among the top five foreigners buying real estate in the US, even as there has been a decrease in foreigners acquiring properties in the US. As per the report: ..

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Edward Snowden leaves Hong Kong, arrives in Moscow

June 26, 2013

American whistleblower Edward Snowden who disclosed spying programmes of the US National Security Agency left Hong Kong where he had taken shelter to avoid arrest from the US and arrived in Moscow. He was helped by the whistleblowing organization WikiLeaks ..

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