Moody's sees current account deficit worsening to 3.5-4 per cent this year
Global rating agency Moody's has warned that India's current account deficit will deteriorate sharply to 3.5-4% of gross domestic product (GDP) in 1999-2000. The pre-budget economic survey had estimated the 1998-99 current account deficit to be below the previous year's level of 1.6%, probably at around 1.4%.

Army, LTTE recruitment drives leave Tamils cold and fearful
The Sri Lankan Tamils are caught in a piquant situation, fighting shy of the army's drive to recruit them in order to get rid of its communal tag and running scared of the LTTE's determined bid to catch them young.

Cyclone claims 225 in Pak
Troops and civilians dug through mud and debris in a huge rescue operation on Sunday after a cyclone ripped across southern Pakistan killing around 225 people and leaving thousands homeless.

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