The Troubled Rupee
Rupee slumps to record low; bonds, stocks hit
The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signalled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit. Full Article
REUTERS SHOWCASE
Patriarchal Society
"No, we can't"- Japan's conservative values collide with plan to mobilise women for economy. Full Article
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
22 killed in UAE road collision - police
Microsoft reverses position on Xbox One
Microsoft says that users of its forthcoming Xbox One game console will be able to play games offline without an Internet connection, and will be able to lend or sell used disc-based games. Full Article
DUBAI |
DUBAI (Reuters) - At least 22 people were killed when a truck laden with gravel collided with a bus carrying 46 Asian migrant workers in the oasis town of al-Ain in the United Arab Emirates, police said on Monday.
The truck driver lost control of his vehicle, causing it to land on top of the bus and trap its passengers under the cargo of gravel, police said of Sunday's incident.
Twenty-four people were injured, at least five critically, officials from two hospitals in al-Ain said. The police did not disclose the nationalities of the dead, but Dubai-based Gulf News daily reported they were mostly from Bangladesh.
The per capita death toll on UAE roads is among the highest in the world, according to World Health Organisation data. The UAE is a federation made up of seven emirates that include trade and tourism hub Dubai and oil-rich Abu Dhabi.
(Writing by Mahmoud Habboush, Editing by William Maclean and Jon Boyle)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters