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New Delhi: The Committee on Comprehensive Regulation for Credit Rating Agencies (CRAs), set up by the Department of Economic Affairs, Ministry of Finance under the Chairmanship of Dr. K.P. Krishnan, Joint Secretary (Capital Markets) with representatives from all the financial sector regulators, has felt that prima facie there is no immediate concern about the operations and activities of CRAs in India even in the context of the recent financial crisis.

New Delhi: National Institute of Food Technology Entrepreneurship and Management (NIFTEM), is all set to start its activities during the academic session 2010-2011.

In Jyoti Basu's death, India has lost the last leader who embodied a personal link between the many phases through which Indian politics has evolved since the early 1940s. Basu was not just a major Left leader in a country which has the world's biggest Communist party barring China's.

KOLKATA: Trinamool Congress (TMC) leader Mamata Banerjee stole a march over the ruling Left Front by addressing a public meeting at Jhargram, a Maoist stronghold in central Midnapore district last week.

The World Bank's International Development Association (IDA) and the International Monetary Fund (IMF) have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan.

New York: Despite the fact that international law clearly prohibits secret detention, the practice is widespread and “reinvigorated” by the so-called global war on terror, several independent United Nations experts stated, outlining a series of steps aimed at curbing this human rights violation.

New York: The top United Nations flu official today rejected allegations that the World Health Organization (WHO) exaggerated the severity of the H1N1 influenza pandemic under pressure from business interests.

New York: Agriculture spurs economic growth, a senior United Nations official said today, ahead of this week's gathering of the world's business and political leaders in Davos, Switzerland, where he hopes to give voice to smallholder farmers from Africa, Asia and Latin America.

Systemic risks have continued to subside as economic fundamentals have improved and substantial public support remains in place. Despite improvements, financial stability remains fragile in many advanced countries and some hard-hit emerging market countries.

The global recovery is off to a stronger start than anticipated earlier but is proceeding at different speeds in the various regions. Following the deepest global downturn in recent history, economic growth solidified and broadened to advanced economies in the second half of 2009. In 2010, world output is expected to rise by 4 percent. This represents an upward revision of ¾ percentage point from the October 2009 World Economic Outlook of the International Monetary Fund (IMF).