View Articles

MANILA, PHILIPPINES – A new report finds that international finance institutions play a key role in catalyzing job creation and growth through the private sector in emerging markets, particularly as governments face increased pressure on public resources.

Leh: The Defence scientists have developed a composite herbal formulation called `Perfomax’ for improving the physical and mental performance in the high altitude and hypoxic conditions of the Ladakh region.

An International Monetary Fund (IMF) team, led by Mr. Christian Beddies, visited Bishkek September 7-21, 2011 to hold discussions for the first review under a three-year, SDR 66.6 million (about US$106 million) Extended Credit Facility arrangement with the Kyrgyz Republic.

New Delhi: India would soon upgrade its military capabilities in its northeastern border with the induction of an advanced variant of the 290-km range supersonic cruise missile for self-defense. The techniques of mountain warfare is also to be upgraded.

WTO economists announced today that they are revising their 2011 trade forecast to 5.8%, down from their earlier conservative estimate of 6.5%, since trade has grown more slowly than expected in recent months and the outlook for the global economy is increasingly uncertain.

LUCKNOW: Talks are on between senior leaders of Congress and Rashtriya Lok Dal (RLD) for alliance in western Uttar Pradesh.

Bad news for the government and the entire economy! The country’s central bank does not seem to be in control of the money supply with the public (M3). And, therefore, its monetary measures, including successive rate hikes, failed to control inflation. Despite rate hikes, bank credit this year grew by over 20 per cent.

New York: The global economic crisis continues and may still engulf the world, Australia’s Foreign Minister warned the General Assembly today, urging countries to take immediate and concerted action to spur sustainable growth and avoid a depression.

New York: The general conference of the United Nations atomic energy agency today unanimously endorsed an action plan on nuclear safety that is intended to enhance transparency in the ongoing global effort to set effective safety standards.

Development aid has increased from USD 37 billion in 1960 to 128 billion last year. However, poor co-ordination and unpredictable aid waste funds that should be eradicating poverty in the world’s poorest countries.