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Who says oil companies are making heavy losses because of price under-recovery? Or, for that matter, who says the price rise of petro-products is linked with the international crude oil and gas prices? Both are untrue. The uninformed public is being misled by the government with statistics that only suit the departmental ministry and the oil companies to raise petro prices at will to please the industry and oil barons. It would appear that the public is being systematically robbed and lied upon.

Tackling cyber security has become a complex task for the official agencies in India in view of growing threats of hacking of vital websites of the Government of India and e-frauds with a bearing on country’s security and integrity. According to official sources in the Department of Information Technology in the Union Ministry of Communications and Information Technology, 106 Government websites including that of the Prime Minister’s Office, Defence Ministry, External Affairs Ministry and other vital establishments were hacked in 2008, followed by 201 official websites hacked in 2009 and 315 such websites hacked in 2010. The ever growing number of attacks were directed from a large number of countries, such as, the USA, UK, Mexico, Spain, Brazil, Turkey, Iran, Pakistan, China, Lebanon, Peru, Morocco, Japan, Korea, Saudi Arabia, Algeria, Nigeria and some other countries.

The economic recovery is expected to continue in the near term supported by ongoing expansion of the fisheries sector and construction activities, but faces headwinds over the medium-term from the scheduled declines in foreign grants.

The impact of the conflict on Libya’s economy will have significant ramifications on the country’s political and economic reconstruction, according to a new economic brief from the African Development Bank (AfDB).

New York: The United Nations refugee agency has opened a new camp in western Ethiopia as hostilities in Sudan’s Blue Nile state continue to drive thousands to flee the country.

New York: Liberian President Ellen Johnson Sirleaf, Africa’s first female elected head of State; Leymah Gbowee, a Liberian peace activist; and Tawakkul Karman, a pro-democracy activist from Yemen are the joint winners of this year’s prize.

New York: The United Nations World Health Organization (WHO) reported today that several large measles outbreaks have continued to spread in the past six months in Europe and Africa, and to a lesser degree in the Americas.

New York: The United Nations refugee agency and Rwanda today announced steps to speed up a solution for tens of thousands of Rwandan refugees, one of the lasting legacies of the genocide in which extremist Hutus killed some 800,000 Tutsis and moderate Hutus in the African country in 1994.

New York: In an era of rapid technological advancements, the post remains a vital communication element that links people and businesses and contributes to their economic development worldwide, the United Nations global postal agency says.

New Delhi: Indian Air Force’s 15-member Motorsport Team ‘Sky Hawkz’ was flagged off by Air Marshal J N Burma, Air Officer-in-charge of administration(AOA), to participate in the International Car Rally - 13th Raid-de-Himalayas, the highest rally raid in the world.