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New Delhi: India has described the recent downgrading of US economy by the global credit rating agency, Standard & Poor’s (S&P) as a “grave situation,” while the apex industry body, FICCI has said the US situation coupled with the trouble in the Euro Zone, slowdown in manufacturing and services sectors in China and contraction of Japanese economy would adversely impact India’s exports earnings.

New York: As thousands of desperately malnourished children from famine-wracked Somalia pour into United Nations refugee camps in Kenya and Ethiopia, small sachets of a peanut-based paste are often all that stands between them and almost certain death.

New York: The United Nations Educational, Scientific and Cultural Organization (UNESCO) has designated the Icelandic capital, Reykjavik, as a “City of Literature” in recognition of its efforts to preserve, disseminate and promote its rich literary heritage.

KOLKATA: Two Union ministries – of Home and Defence – are currently engaged in a turf war. Who would police the highly-sensitive Indo-Myanmar border – the Assam Rifles, or the Border Security Force (BSF)? The Assam Rifles, under the operational command of the Army, has been doing this job all through. But now the Union Ministry of Home Affairs (MHA) wants the Assam Rifles replaced by the Border Security Force which is under Home. The Cabinet Committee on Security (CCS) is believed to be now seized of the matter.

Democratically speaking, how truly legitimate was West Bengal’s Left Front government and the composition of the party positions in the state legislature considering the fast changing political mood of the local people in 2010? A similar question may be asked also about Tamil Nadu before the 2011 Assembly election. In both the states, the ruling combination – Left Front in West Bengal and DMK and its allies in Tamil Nadu – were routed in the last assembly polls.

New Delhi: The Indian Government’s auditors have sharply indicted the Prime Minister’s Office and the Delhi Government headed by Sheila Dikshit for irregularities in hosting the XIX Commonwealth Games-2010 which involved thousand of crores rupees paid by the taxpayers.

New York: The environmental restoration of Nigeria’s Ogoniland oil region could prove to be the world’s most wide-ranging and long-term oil clean-up exercise ever, if contaminated drinking water, land, creeks and other ecosystems are to be brought back to full health, according to a United Nations report released today.

New Delhi: There was another casualty for Indian Air Force. A Jaguar deep-penetration strike aircraft crashed in Mau on Thursday killing its pilot and a girl working in an agricultural field, the second IAF plane to meet with an accident this week.

New York: The Executive Board of the International Monetary Fund (IMF) issued a statement today in response to an action against Managing Director Christine Lagarde initiated by a French public prosecutor.

New York: Three million poor people in Africa and South Asia, the majority of them women, will gain access to low-cost mobile phone numbers as part of technology firm Movirtu’s partnership with the United Nations-backed initiative that enlists the private sector in efforts to fight poverty.