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IMF completes three-year restructuring exercise that produced savings of US$100 million and a reduction of 380 staff

Special Correspondent - 2010-04-21 09:10
The Executive Board of the International Monetary Fund (IMF) has approved the IMF's FY2011 administrative and capital budgets, completing a three-year restructuring exercise that has produced savings of US$100 million in real terms and a reduction of 380 staff positions.

AUSTRALIA URGED TO LOOK FOR ALTERNATIVES TO DETAINING ASYLUM-SEEKERS

Special Correspondent - 2010-04-21 09:05
New York: The United Nations refugee agency has urged Australia to look for alternatives to detaining asylum-seekers arriving by boat who pose no health or security risk to the public, after the Government announced it will reopen a remote facility to house them.

ADB to Help Uzbekistan Build Efficient and Clean Power Plant

Special Correspondent - 2010-04-21 08:55
MANILA, PHILIPPINES - The Asian Development Bank's (ADB) Board of Directors on Tuesday approved financing totaling $350 million to improve energy security and energy efficiency in Uzbekistan.

$600 Million to Improve Key Uzbekistan Road Corridor

Special Correspondent - 2010-04-21 08:50
MANILA, PHILIPPINES - A key highway in Uzbekistan linking the Central Asian country to its neighbors is getting support from a $600 million Asian Development Bank (ADB) multitranche financing facility.

India becoming Major Destination for FDI Inflow

K. R. Sudhaman - 2010-04-21 08:25
Investment from abroad before economic reforms began in 1991 used to just trickle as foreign investors were wary of opportunity in India. But situation changed rapidly and more and more investment started pouring in with new policy in place. As various sectors were opened up gradually the FDI flow started steadily increasing and it cumulatively stood at 130 billion dollars by 2009.

India: Effects Due to Carbon Emission

Kalpana Palkhiwala - 2010-04-21 08:20
The adverse effects caused to environment due to carbon emission include increased frequency of extreme weather events, and variation in pattern of monsoons, rise in surface temperature, sea level rise and melting of glaciers along with other factors. Climate Change is also likely to affect agriculture and food production and result in increase incidence of vector borne diseases.

INDIA: RESPONDING TO THE DANTEWADA KILLINGS

NOT BY FORCE ALONE
Praful Bidwai - 2010-04-21 07:20
For thousands of years, most of the world's peoples lived as subjects under despotic emperors, kings and princes. It's only in the last century that significant numbers of people became citizens with political rights. For much of history, there was no rule of law. The monarch's will is all that mattered. Until recently, governments made no distinction between the armed services proper and the police. Soldiers rounded up suspected criminals, who were tried by judges who weren't independent from the king. The military-police distinction only evolved in the Modern Age.
India

IPL IS NOT ABOUT CRICKET ALONE

STRICT MONITORING IS NEEDED
Amulya Ganguli - 2010-04-21 07:14
The brouhaha over Shashi Tharoor, Sunanda Pushkar and Lalit Modi has made the critics of the IPL crawl out of the woodwork. While Mulayam Singh Yadav has demanded a ban on the videshi game on the lines of his party's ire against computers and the English language, Sitaram Yechury has accused the moneybags, the Left's perpetual enemies, of misusing the popular passion for cricket for shady dealings.