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MANILA, PHILIPPINES - The Asian Development Bank (ADB) is extending $650 million in emergency assistance loans to help Pakistan rebuild vital infrastructure destroyed during last year's floods.

New Delhi: Cricket lovers and people on either side of the border are eagerly awaiting how the cricket diplomacy would shape the future relationship between the two countries when the Indian Prime Minister, Dr Manmohan Singh would host a dinner in honour of the Pakistan Prime Minister, Yousuf Raza Gilani in Mohali after the conclusion of the second World Cup semi-final on Wednesday evening.

New Delhi: Just a day after the signing of the joint statement by the home secretary of India and the interior secretary of Pakistan the Indian government officially declared that its National Investigation Agency (NIA) has made a breakthrough in the Samjhauta Express bomb blast probe case.

New York: Swift and decisive action by the international community has stopped a humanitarian disaster from emerging so far in Libya, but the country’s transition to genuine democracy will take time and require concerted global support, UN Secretary-General Ban Ki-moon warned today.

New York: The United Nations telecommunications agency today announced that it has reached agreement with two international satellite organizations to expedite the restoration of vital telecommunications services in the aftermath of natural disasters.

New York: Half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and school enrolment, according to a United Nations report released today.

Tonga’s economy is recovering from the effects of the global financial crisis, the domestic credit crunch, and adverse weather-related shocks. The recovery is being supported by increased construction activity and improvements in the external environment.

New York: Diversifying production rather than relying on commodity exports is crucial to boosting the economies of the least developed countries (LDCs), a quarter of the world’s total, according to a United Nations report slated to be issued today.

MANILA, PHILIPPINES - The Asian Development Bank's (ADB) Board of Directors has approved a $293 million loan to support a $1 billion metro rail project in Ha Noi.

The WikiLeaks cables pertaining to India, summarised by The Hindu newspaper, have created a furore. The most sensational disclosure they contain is about the cash-for-votes scandal of July 2008, when Prime Minister Manmohan Singh staked the survival of the United Progressive Alliance government on the India-US nuclear cooperation deal. The Left parties, on whose support the minority government depended, withdrew their backing. The Congress recruited other parties by bribing them.