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Asia and the Pacific must overcome skills gaps

Special Correspondent - 2012-12-12 11:38
MANILA, PHILIPPINES – Asia and the Pacific must overcome skills gaps and scale up technical training to create innovative economies able to generate sustainable, inclusive growth, says a new book by the Asian Development Bank (ADB).

BACHCHAN BAHU JOINS MODI BRIGADE

PATHETIC STATE OF FIRST FILM FAMILY
Angshukanta Chakraborty - 2012-12-12 11:34
Multiple political affiliations don’t bog the Bachchans down. The First Family of Bollywood is pleased to serve opposing political camps and still live happily together. In the wake of the make or break Gujarat elections, the Bachchan bahu Aishwarya has been roped in to endorse Narendra Modi’s ‘bhavya and divya’ (glorious and divine) Gujarat. Aishwarya seemed only too comfortable parroting, with some improvisations of her own, the same old fried-in the-oil-of- Hindutva tropes of Gujarat as a model state, as she kept insisting how “at home” she felt in Narendra Modi’s home turf.

BIG POWER PLAY IN INDIA’S EASTERN NEIGHBOURHOOD

US, CHINA, RUSSIA LINE UP TO WOO RESOURCE-RICH BANGLADESH
Ashis Biswas - 2012-12-12 11:28
In South Asia, it is not just resource-rich Myanmar that attracts international attention these days.

PROSPECTS OF FDI IN RETAIL ARE YET BLEAK

ADVERSE POLITICAL ENVIRONENT UNLIKELY TO DISAPPEAR
Upendra Prasad - 2012-12-12 11:25
A favorable vote of Parliament for foreign direct investment in retail sector does not mean the end of the obstacles for multinational retail companies in India. The way central government managed to win the vote has clearly shown that it was not a vote in favor of FDI in retail, but it was a vote for saving the prestige of the government, which was determined to go for this policy.

$300 Million ADB Loan for Major Road Upgrades in Chhattisgarh

Special Correspondent - 2012-12-12 11:19
MANILA, PHILIPPINES – The Asian Development Bank (ADB) will provide $300 million to overhaul more than 900 kilometers of roads in India’s Chhattisgarh state, bringing better access to markets, businesses, social services and education for rural residents.

Hong Kong: Growth expected to recover to around 3 percent next year

Special Correspondent - 2012-12-12 11:07
Global economic weakness is impacting Hong Kong SAR and real GDP growth is projected to slow to 1¼ percent this year. The slowdown is being driven by trade developments, with net exports expected to subtract 1¾ percentage points from growth. However, domestic demand is proving resilient owing to a supportive fiscal stance and continued strength in the labor market.

IAF’s new Manual outlines self-reliance in production

ASHOK B SHARMA - 2012-12-12 10:30
New Delhi: The revised Manual of Indigenisation for Indian Air Force has outlined the procedures to be followed by Base Repair Depots (BRDs) for pursuing the self reliance efforts through the indigenization route.

India’s foreign policy failed to ensure energy security : Former Minister

Shale gas policy on anvil
ASHOK B SHARMA - 2012-12-11 14:52
New Delhi: While India is expected to come up with its long pending shale gas policy later this month, a former Petroleum Minister has alleged that the Indian External Affairs Ministry has failed in playing its due role for ensuring energy country’s energy security.