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GLOBAL MANUFACTURING LIKELY TO DECLINE THIS YEAR

Special Correspondent - 2011-09-01 15:00
New York: World manufacturing output is expected to be lower this year than last year, despite high growth rates in developing countries, says a new United Nations report released today.
In run up to 6th International Conference on Energising Indian Aerospace Industry

India prepared to face the Chinese threat : Air Force chief

Heading to become a hub for aviation MRO facilities
ASHOK B SHARMA - 2011-09-01 14:12
New Delhi: In response to the US official reports of China deploying nuclear-capable missiles along the borders with India, the Air Force chief said the country was not 'worried' over these developments as it has own plans to deal with the situation.
India

GAPS IN CONGRESS FUNCTIONING WIDEN

NEED FOR MAJOR REVAMP AFTER ANNA CRISIS
Kalyani Shankar - 2011-09-01 13:37
The differences between the Congress Party and the government have reached its peak in the past few days particularly after Anna Hazare began his movement. Today, with a leadership vacuum, it has got out of hands.

Pacific Private Sector Initiative Assists Women, Business Environment

Special Correspondent - 2011-09-01 13:34
SYDNEY, AUSTRALIA – Efforts by the Asian Development Bank (ADB) and the Australian Agency for International Development (AusAID) to promote the private sector in the Pacific Islands have improved the environment for doing business and enhanced opportunities for women, says a new report by ADB.

Emerging East Asia's Bond Markets Expand, Still in Demand

Special Correspondent - 2011-09-01 13:32
MANILA, PHILIPPINES – Local currency bond markets in emerging East Asia continued to expand in the first half of this year as demand from foreign investors increased, with the region’s economic growth set to outpace much of the rest of the world.

Indian Railways to get $500 million ADB loan

Special Correspondent - 2011-09-01 13:28
MANILA, PHILIPPINES – The Asian Development Bank (ADB) is extending loans of up to $500 million to help India improve rail services along some of its busiest freight and passenger transport routes.

China appeals WTO raw material dispute panel reports

Special Correspondent - 2011-08-31 17:36
China notified the Dispute Settlement Body of WTO, which consists of all WTO members, of its decision to appeal the panel reports today in dispute cases DS394, DS395 and DS398, “China — Measures related to the exportation of various raw materials”.

UK to India : Shift from coal to gas to achieve low carbon growth

ASHOK B SHARMA - 2011-08-31 13:02
New Delhi: Britain’s Minister of State for Foreign and Commonwealth Affairs, Lord David Howell, today emphasized the need for moving away from coal to natural gas to achieve reduction in greenhouse emissions.

IMF Reaches a Precautionary Stand-By Arrangement with Serbia

Special Correspondent - 2011-08-31 12:32
An International Monetary Fund (IMF) mission, led by Albert Jaeger, visited Serbia during August 18-31, 2011, to conduct discussions on a Stand-By Arrangement (SBA) with the IMF.

Fiscal crisis in Swaziland continues to deepen

Special Correspondent - 2011-08-31 12:28
A mission of the International Monetary Fund (IMF), led by Mr. Joannes Mongardini, visited Swaziland during August 17-31, 2011. The mission held discussions on the first assessment under the Staff-Monitored Program (SMP) approved by IMF management on April 4, 2011.