Based on the recommendations of the Foreign Investment Promotion Board (FIPB), the finance ministry on Wednesday cleared 32 foreign direct investment (FDI) proposals worth a total of Rs 845.7 crore.

The proposal from Oriental Structural Engineers to invest Rs 450 crore was the highest among the 32 proposals. Among others proposals included Reid and Taylor’s offer to allot and issue shares worth Rs 108 crore and Dr Oetker India’s proposal to convert the operating company into an operating-cum-holding company, which will bring in about Rs 110 crore worth of FDI.

Peshawar, Nov 27: The Pakistan unit of the Taliban, the Tehreek-e-Taliban Pakistan (TTP) is planning to target Pakistan President Asif Ali Zardari and his allies for their ‘pro-American’ stance, said a regional commander of the terror outfit.

Hakeemullah Mehsud, deputy of TTP leader Baitullah Mehsud, accused the ANP (Awami National Party), PPP (Pakistan Peoples’ Party) and MQM (Muttahida Qaumi Movement) of “working to break up Pakistan in collaboration with the US”, reported the Daily Times.

Tehran - Iran has summoned the British ambassador to Tehran over remarks by Foreign Minister David Miliband who had called on the Persian Gulf Arab sheikhdoms to increase pressure on Iran with regards to its nuclear ambitions, ISNA news agency reported Thursday.
The foreign ministry told Ambassador Geoffrey Adams that Milband's remarks on Monday were hostile, provoking and aimed at distorting Iran's brotherly relations with the regional countries and demanded an immediate halt to what it called London's interfering policies.

The story has been removed after request from the Journalist body discussed in the news.

TopNews Media will provide updates on the situation in future reports.

Nairobi/Kinshasa - The Congolese government has said that it does not want Indian peacekeepers to be among the 3,000 troops the United Nations has agreed to send to help stop fighting in the east of the sprawling Central African nation.

"There are already enough Indian troops in Congo, and the UN reinforcements should come from other countries," government spokesman Lambert Mende told the BBC on Wednesday evening.

Around a quarter of the 17,000 peacekeeping troops in the Democratic Republic of Congo are Indian.

Singapore- Singapore's business receipts for services industries rose by 11.6 per cent in the third quarter of this year over the same period of 2007, the Singapore Department of Statistics said Thursday.

Turnover of water transport services grew by 19.6 per cent in the third quarter from a year ago, with contribution from shipping lines and firms engaged in ship and boat leasing.

Revenue of the post and telecommunications industry rose by 4.6 per cent, while business receipts of the financial services industry grew by 5 per cent.