India and world
Ties With China Is India’s Top Priority
India on 6 June told china that is sees improving bilateral ties as a priority of its foreign policy and expresses desire to expand strategic cooperation.
India Allowed Foreign Direct Investment From Pakistan
India on 8 June 2012 announced to allow foreign direct investment from Pakistan. The move is aimed at strengthening the bilateral economic relations between the two countries. The decision will also facilitate the economic integration in the South Asian region.
Indian-American Picked For 2nd Highest US Court
“US president Barrack Obama on 11 June nominated Indian-born legal nominated  luminary Srikanth Srinivasan to the Federal Court of Appeals, the highest ever judicial appointment of an  Indian-American in the US. There are 13 Court of Appeals across the US with 179 judges, and the Washington DC Appeals Court to which Srinivasan has been nominated is considered particularly influential, with Obama himself calling it “”the nation’s second highest court.
Dhoni Ranked 31st In The Forbe’s List Of World’s 100 Richest Sports Persons
In the latest list of world’s 100 richest sports persons list released by Forbe’s magazine, Indian Cricket Captain M.S.Dhoni achieve 31st position.He moved ahead in the list, while Tendulkar ranked 78th. Boxing champion Floyd May weather topped the list with a total earnings of $85million while pugilist manny pacquiao and golf legend tiger woods on the 2nd and 3rd .
BRICS Pledger $75billion to IMF’s Bailout Fund
India and four other countries of the five nation BRICS bloc has given a big boost to IMF’s 430 billion US dollars bailout fund for the debt rocked 17 Nation Eurozone pledging to contribute 75billion us dollars  with New Delhi’s contribution being 10 billion US dollars.the pledge was made at an informal meeting of Brics leaders presided by PM Manmoham singh ahead of the opening of the 7th G-20 summit.
Indian Population Booms In Australia: Census Data
Latest official census data in Australia has found a boom in Indian population especially with number of Punjabi speaking people rising by over 200 percent.This is the 16th census taken in Australia over the past 100 years with about 9.8 million households surveyed on August 9 last year.The data revealed Australia’s population rose to 21,507,719, up almost two million – or more than 8 percent -in the past five years, and the median age of the growing population rose from 37 in 2006 to 38 when the census was counted last year. The United Kingdom stood as the leading country of birth for the overseas-born population at 20.8 percent and was followed by New Zealand(9.1 percent), China (6.0 percent) and India (5.6 percent)people of Indian origin have seen the largest growth increase at more than 14 percent since 2006, or up almost 150,000.
IKEA To Invest Rs.10k-cr In India
Amidst a slew of rating downgrade by the international agencies Swedish home furnishing major IKEA on June 22 approached the government with a proposal to invest 1.5billion euros(Rs.10,500 crores) to set up 25 stores in the country under single brand retail FDI.
Coca-Cola Bets On India , Plans To Invest $3b More
In a Major Thumbs up to India , beverage major coca-cola said on 26June . That it will increase its investment in the country and now put in $5billion by 2020.