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India: Monetary Policy In 2010-11

RBI TWEAKS POLICY RATES AGAIN TO CONTAIN INFLATIONARY SURGE

ECONOMY IN RECOVERY MODE NEEDS PRICE AND FINANCIAL STABILITY
S. Sethuraman - 2010-04-21 07:10
Against the background of elevated inflation getting generalised, the Reserve Bank of India has, for the second time in a month, raised the key policy rates by 25 basis points with immediate effect, along with a similar increase in cash reserve ratio to contain liquidity, in order to ensure that the ongoing growth recovery gets support and stabilised.

IMF and South Korea to Co-Host Asia Regional Conference to Promote Cooperative Approach Toward Global Economic Challenges

Special Correspondent - 2010-04-20 08:59
The Government of the Republic of Korea and the International Monetary Fund (IMF) today announced that the high-level international conference on Asia will take place at the Daejeon Convention Center on July 12-13, 2010. Daejeon city, located two hours from Incheon International Airport, is Korea's science and technology hub. The theme of the conference is “Asia 21: Leading the Way Forward,” reflecting Asia's economic dynamism and global leadership role in the 21st century.

CAMBODIAN GENOCIDE TRIBUNAL TRYING KHMER ROGUE LEADERS FUND STARVED

Special Correspondent - 2010-04-20 08:55
New York: The United Nations legal chief has called for donors to provide funds to support the UN-backed tribunal in Cambodia trying Khmer Rouge leaders accused of mass killings and other crimes during the country's genocide in the late 1970s.

ANTI-MALARIA EFFORTS IN AFRICA BEARING FRUIT, BUT CHALLENGES REMAIN

Special Correspondent - 2010-04-20 08:32
New York: Significant progress has been made in combating malaria in Africa, but more remains to be done as the end of the decade dedicated to making control methods and treatments universally available approaches, the United Nations-led global partnership for coordinated action against malaria said.

NEED TO ADAPT CRIME-FIGHTING STRATEGIES TO CHANGING REALITIES

Special Correspondent - 2010-04-20 08:30
New York: A United Nations conference on crime has concluded with a call for Member States to adapt their criminal justice systems to changing times, including through the use of new technologies and looking for ways to combat emerging threats such as cyber- and environment-related crime.

Economic recovery in Costa Rica is firmly underway

Special Correspondent - 2010-04-20 08:25
A staff team from the International Monetary Fund (IMF) visited Costa Rica during April 7-13, 2010 to conduct the third and final review of the Stand-By Arrangement (SBA) approved in April 2009. The mission met with Finance Minister Jenny Phillips, Central Bank Governor Francisco de Paula Gutiérrez, other senior officials, and representatives of the financial sector.

Respect the values and traditions of indigenous peoples

Special Correspondent - 2010-04-20 08:22
New York: The annual United Nations forum on indigenous issues opened with a call from UN Secretary-General Ban Ki-moon for Member States to promote development while respecting the values and traditions of indigenous peoples.

LOCAL COMMUNITIES MUST BE TRAINED TO COMBAT HUMAN-CAUSED WILDFIRES

3,500,000 square kilometres are estimated to be affected by vegetation fires each year
Special Correspondent - 2010-04-20 08:18
New York: With wildfires worldwide affecting an area larger than India each year, and up to 95 per cent of them caused by humans, it is essential that local communities be mobilized to control the scourge, according to a United Nations handbook.

Increasing violence has cut off aid deliveries to the mountainous area of Darfur

Special Correspondent - 2010-04-20 08:13
New York: Increasing violence has cut off aid deliveries to the mountainous area of Darfur and the living situation for the estimated 100,000 people there will worsen as the dry season comes to an end, the top United Nations humanitarian official in Sudan warned.