India lowers estimate of 2012-13 growth to 4.5%
New Delhi - XINHUA
Indian Friday lowered estimate of economic growth in the 2012-13 fiscal year to 4.5 percent from an earlier estimate of five percent, due to shrinking agriculture, mining and manufacturing production. Officials data from the Ministry of Statistics said exports, capital investment and consumption sectors growth is also lower than expected in the fiscal year that ended March 31, 2013. Meanwhile, the GDP growth for 2011-12 fiscal year was raised to 6.7 percent from an earlier estimate of 6.2 percent, while that of the 2010-11 fiscal year was revised down to 8.9 percent from 9.3 percent. The fiscal year starts April 1 each year in India.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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