View Articles

Washington DC - The World Bank has approved a US$50 Million grant to the Democratic Republic of Congo to increase transparency and accountability in the mining sector so that the income from natural resources will be used for inclusive and sustainable growth. The “Growth with Governance” project also aims to help public sector agencies become more efficient and transparent in handling mining operations, leading to better economic and environmental outcomes.

WASHINGTON, D.C. — The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have decided to support US$12.3 billion in debt relief to the Democratic Republic of Congo (DRC).

WASHINGTON — The World Bank Group committed more than $72 billion in fiscal year 2010, an unprecedented level of Bank Group assistance for developing countries as the world faces a fragile and uneven recovery.

New Delhi: Minister of State for Chemicals and Fertilisers Shri Srikant Kumar Jena has urged leaders of business and industry in France to invest in the fast expanding chemical and petrochemical sector in India. The Minister was addressing a large number of industry associations and consultancy groups at the Investor Meet in Paris to promote PCPIR policy of the Government of India.

New Delhi: With a view to further promoting tourism under the Public-Private Partnership model, and to encourage production of adequate publicity material of international standards, for use in the domestic and international markets, the Union Ministry of Tourism has formulated guidelines for extending financial support to State Governments/Union Territories for production of publicity material in collaboration with Private sector.

New Delhi: A National Consultation Meeting on Beggary was organized by the Ministry of Social Justice and Empowerment here yesterday. The Meeting was chaired by the Minister of Social Justice & Empowerment, Shri Mukul Wasnik, and was attended by senior representatives of Government of nearly all major States, Academic Institutions and Non-Governmental Organizations working in this field. There was consensus in the meeting that beggary is a complex issue, which needs to be tackled with care and sensitivity.

New Delhi: Mangalore Refinery & Petrochemicals Ltd, (MRPL) a mini-ratna subisidary company of ONGC, has inked an agreement with State Trading Corporation, Mauritius for supply of liquid petroleum products amounting to 1.1 MMT per annum valued at 660 million USD at current fuel prices. The products comprising Jet A1 (ATF) MoGas i.e MS (95 RON) , GasOil i.e HSD and Furnace Oil ( three grades) will be supplied for a period of 3 years and the total value of this deal at current prices is 2 billion USD.

Had the country's first Prime Minister Pandit Jawaharlal Nehru been alive today and witnessed the goings on in the “Temple of Democracy” he would definitely have been put to shame and even wondered whether this country did deserve this after the hard fought freedom struggle. Over the years it has been seen pecially since the mid-1980s that parliament which was meant to be a source of debate and information has been reduced to a place where street battles and agitational politics is resorted to by members attempting to score some brownie
points.

New Delhi: The Union Minister for Tourism, Kumari Selja today unveiled the code of conduct for Safe & Honourable Tourism in New Delhi.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is extending financial assistance to Bangladesh to grow high-value crops including vegetables, spices, and fruits that will boost incomes for poor farmers and support the nation's food security.