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May 14, 2024 3:54 PM

Asia to contribute 60% of global growth in 2024: IMF official

Asia continues to power ahead as the engine of the global economy, with the region expected to contribute a massive 60% to world growth in 2024, a senior International Monetary Fund (IMF) official stated on Monday. Speaking at the 13th IMF-Japan Hig...

May 14, 2024 10:51 AM

Death toll from floods in Indonesia’s West Sumatra rises to 50

The number of people killed by flash floods and mud slides in Indonesia's West Sumatra province has risen to 52 and more than 3,000 people were evacuated, authorities said on Tuesday. Torrential rain on Saturday evening triggered flash floods, lands...

May 14, 2024 9:20 AM

US warns of sanctions after India-Iran Chabahar Port deal

Hours after India signed an agreement to operate the Chabahar Port in Iran for 10 years, the United States has warned that "anyone" considering business deals with Tehran needs to be aware of the "potential risk of sanctions." The US State Departmen...

May 13, 2024 8:12 PM

Donald Lu due in Dhaka on Tuesday

US Assistant Secretary of State for South and Central Asian Affairs Donald Lu is scheduled to arrive in Dhaka on Tuesday. Lu will conclude his tri-nation tour of the South Asian region (May 10-15) in Bangladesh. Earlier, he visited India and on Monda...

May 12, 2024 7:13 PM

Mahalaxmi Jatra celebrates Nepal’s cultural heritage

The Mahalaxmi Jatra in Kathmandu Valley started on Akshaya Tritiya day of Baisakh month and continues for three days culminating today in several localities as Banepa Nala and Panauti of Nepal. It is a traditional festival celebrated in honour of the...

May 12, 2024 6:45 PM

Powerful Iraqi Shi’ite cleric Sadr girds for political comeback

Powerful Iraqi Shi'ite Muslim cleric Moqtada al-Sadr is laying the groundwork for a political comeback two years after a failed and ultimately deadly high-stakes move to form a government without his Shi'ite rivals, multiple sources said. His return...

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