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Allowing the private sector to fully play its role in Haiti proposed

Special Correspondent - 2010-02-25 05:14
The private sector in Haiti will by allowed to play its role fully if the new proposal is implemented in the country. The International Monetary Fund (IMF) and the government in Haiti are already working on such a proposal.

IMF Managing Director Dominique Strauss-Kahn Names China's Zhu Min as Special Advisor

Special Correspondent - 2010-02-24 17:20
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), today notified the Fund's Executive Board of his intention to name Mr. Zhu Min, currently Deputy Governor of the People's Bank of China, as a special advisor to the Managing Director.

Egypt: Growth expected to reach 5 percent in FY2009/10 and 5.5 percent in FY2010/11

Special Correspondent - 2010-02-24 17:15
Egypt's economy has been resilient to the crisis. Financial contagion was contained by limited direct exposure to structured products and low levels of financial integration with world financial markets. Sustained and wide-ranging reforms since 2004 had reduced fiscal, monetary, and external vulnerabilities, and improved the investment climate. These bolstered the economy's durability and provided breathing space for appropriate policy responses.

World trade in 2009 registers sharpest decline since World War II

Special Correspondent - 2010-02-24 16:59
Director-General Pascal Lamy, in his speech to the European Policy Centre in Brussels on 24 February 2010, said that one year on from the onset of the financial crisis “the multilateral trading system has proven its sturdiness as a bulwark against runaway protectionism”. He stressed that today there is “economic imperative” to conclude the Doha Round.
Indian Railway Budget - 2010-11

Railway minister sensible in presenting budget with social objectives

South Asian connectivity also assured
ASHOK B SHARMA - 2010-02-24 15:14
New Delhi : The Indian Railway Minister, Mamata Banerjee is sensible. Responding to the present situation she has presented a realistic approach to the Railway Budget. Some may call it a “populist” Budget and corner her for presenting such a Budget with an eye on the forthcoming poll in her home state, West Bengal. But the country's poor who are reeling under the impact of soaring prices need a healing touch.

Gangetic Dolphin population declined by 50 per cent

Special Correspondent - 2010-02-24 13:35
New Delhi: There has been a decline of about 50 per cent in the Gangetic Dolphin population, the Lower House of the Parliament of India was informed today.

Sewage disposal capacity of India is only half the wastewater generated daily

Special Correspondent - 2010-02-24 13:28
New Delhi: According to a recent report of the Central Pollution Control Board (CPCB), out of about 15644 million litres municipal wastewater generated per day (mld) in 35 metropolitan cities in the country, treatment capacity of only 8040 mld. is available.

India: Tree plantation targets not achieved by States

Special Correspondent - 2010-02-24 13:20
New Delhi: Several state governments have not achieved the target set for tree plantation during the eleventh five-year plan either due to inadequate funds or poor infrastructure. Year-wise targets for afforestation/tree planting are fixed under the 20 Point Programme.
India

Railway Budget 2010-11 : No increase in passenger fares and freight tariffs

Special Correspondent - 2010-02-24 13:14
New Delhi: There will be no increase in the passenger fares of any class or category of trains. Freight tariffs will also remain the same for 2010-11. Service charges for e-tickets and freight charges for food-grains will be reduced. This was announced by the Minister of Railways, Kumari Mamata Banerjee in Parliament today while presenting Railway Budget for the new financial year.