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ADEQUATE RESOURCES VITAL TO MAINTAIN PROGRESS ON GLOBAL PUBLIC HEALTH

Special Correspondent - 2011-01-17 23:08
New York: Last year was full of “big events” for public health, including the launch of a new meningitis vaccine and an aggressive new strategy for polio eradication, the head of the United Nations health agency said today, while stressing the need to ensure that progress is maintained in the year ahead.

India announces Auction for Sale of Government Stock

Special Correspondent - 2011-01-17 17:10
New Delhi: Government of India have announced the sale (re-issue) of (i) “7.99 percent Government Stock 2017” for a notified amount of Rs.4,000 crore (nominal), (ii) “8.08 percent Government Stock 2022” for a notified amount of Rs.4,000 crore (nominal) and (iii) “8.26 percent Government Stock 2027” for a notified amount of Rs.3,000 crore (nominal) through price based auctions. The auctions will be conducted using uniform price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on January 21, 2011 (Friday).

India Signs Loan Agreement with ADB for $89.7 Million for Assam Power Sector Enhancement Programme, Tranche- II

Special Correspondent - 2011-01-17 17:08
New Delhi: The Government of India today signed a loan agreement with the Asian Development Bank (ADB) for $89.7 million for the Assam Power Sector Enhancement Programme, Tranche- II, within the overall Facility of $200 million. This tranche will assist to build two 220/132 kV and six 132/33 kV new substations, construct 342 km of transmission lines (185 km of 220 kV and 157 km of 132 kV transmission lines) and augment 11 existing substations. It is the second ADB project in support of Assam’s Power Sector Development Program that is planning to build 14 new substations, construct over 600 km of transmission lines, extend & augment two transmission substations, augment 18 existing other substations, and upgrade approximately 715 km of ground wire to fiber optic cable.

India signs Agreement with ADB for $208 Million for Tranche 3 of ‘Himachal Pradesh Clean Energy Development Investment Program’

Special Correspondent - 2011-01-17 17:04
New Delhi: The Government of India today signed a loan agreement with the Asian Development Bank (ADB) for $208 million for Tranche 3 of this Investment programme titled ‘Himachal Pradesh Clean Energy Development Investment Program’. This Facility is for a series of loans to provide funding for four run-of-river hydropower projects totaling 856 MW in Himachal Pradesh, for an amount of $ 800 Million from ADB. This particular loan provides partial funding for stages II & III of the Integrated Kashang Hydroelectric Project totaling 195 MW located in District Kinnaur, and for the 100 MW Sainj Hydroelectric Project located in District Kullu.
India

FM Holds Pre Budget Consultations with Economists

Special Correspondent - 2011-01-17 17:01
New Delhi: Union Finance Minister Shri Pranab Mukherjee held a meeting with noted economists to get their inputs for General Budget 2011-12, here today. This was the fifth meeting in the series of pre-Budget consultations held by Finance Minister with the stakeholders of different sectors. First meeting was held on 7th January with the stakeholders of agriculture sector followed by meetings with captains of Indian industry on 11th January, representatives of different trade unions on 12th January, 2011 and with different NGOs on last Friday i.e., 14th January, 2010.

CALL FOR GLOBAL REVOLUTION TO ENSURE CLEAN ENERGY FOR ALL

Special Correspondent - 2011-01-17 16:53
New York: With 1.6 billion people in developing countries still lacking access to electricity, UN Secretary-General Ban Ki-moon today called for a global revolution to address the world’s energy challenges.
Second bilateral meeting of finance ministers of India and Republic of Korea.

India invites South Korean investment in infrastructure

MoU signed between the Exim Banks of both the countries for promoting trade and investment
ASHOK B SHARMA - 2011-01-17 15:48
New Delhi: The Indian Finance Minister, Pranab Mukherjee on Monday urged for South Korean investment in in infrastructure sector in the country including transport, power and IT network. He said that both the countries can benefit by sharing of their knowledge in financial and economic areas.
On the visit of the Peruvian Minister of Trade and Tourism

India, Peru to boost bilateral trade, tourism

Bilateral trade up by 283% from $107.32 mn in 2005-06 to $411 mn in 2009-10.
ASHOK B SHARMA - 2011-01-17 15:15
New Delhi: The visiting Peruvian Minister of Trade and Tourism, Dr Eduardo Ferreyros today met both the Indian Commerce and Industry Minister, Anand Sharma and the Indian Minister of State for Tourism Sultan Ahmed and agreed to boost bilateral trade and tourism.
On the visit of the Commander-in-Chief of the Russian Navy, Admiral Vladimir Sergeevich Vysotskiy, Jan 17-19

India, Russia discuss training of crews for Vikramaditya

Maritime security of Indian Ocean Rim also discussed
ASHOK B SHARMA - 2011-01-17 14:33
New Delhi: The visiting Commander-in-Chief of the Russian Navy, Admiral Vladimir Sergeevich Vysotskiy and the Chief of Naval Staff of India, Admiral Nirmal Verma discussed in detail the training of Indian Naval personnel for the operation of aircraft carrier Vikramaditya, scheduled to commence later this year.

India and Trinidad & Tobago discuss Tourism Cooperation

Special Correspondent - 2011-01-17 13:14
New Delhi: Dr. Rupert Griffith, Minister of Tourism, Republic of Trinidad & Tobago today called on the Minister of State for Tourism Shri Sultan Ahmed. During their half an hour meeting here both the leaders discussed ways to strengthen co-operation in the tourism sector between the two countries.