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India

SIBAL Cosults Stakeholders on National Broadband Plan

Special Correspondent - 2011-01-19 14:12
New Delhi: Kapil Sibal, the Union Minister for Communication and Information Technology emphasized urgent need for finalization of broadband plan including strategy for roll out of optical fibre. The Minister said this while holding consultations with key stakeholders on policy issues related to telecom in a round table conference on the issue here today. The National Broadband Plan including the Optical Fibre Network, as a national resource would be equitably available to all the concerned stakeholders for providing broadband services in non-discriminatory manner, he added.

ADB, Japan to Help Bangladesh Expand Formal Remittance Services

Special Correspondent - 2011-01-19 13:39
MANILA, PHILIPPINES - The Asian Development Bank (ADB), with assistance from the Government of Japan, is launching a first ever remittance investment project to provide safe, affordable remittance services to thousands of Bangladeshi migrant workers and their families.
India

CII SUGGESTS A 10 POINT ACTIONABLE AGENDA TO CURB FOOD INFLATION

Special Correspondent - 2011-01-19 13:36
New Delhi: The Confederation of India Industry (CII) is concerned about the current situation the country is facing with regard to “Rising Food Prices” again in a short time span of one year. The brunt of the same is being felt across India and across all sections of society. In fact the food inflation stood at a higher peak of 19.9% over the same period last year when the failure of monsoon affected prices of cereals and pulses. However its recurrence now even in a good Monsoon year shows the prevalence of a deeper structural problem in the way we are managing our Food security.
India

SPATE OF FARMERS SUICIDES IN MADHYA PRADESH

BIG EMBARRASSMENT TO BJP GOVERNMENT
L.S. Herdenia - 2011-01-19 13:34
BHOPAL: A spate of suicides by farmers in Madhya Pradesh is proving to be a major embarrassment for the BJP government, busy shouting from the rooftops that the state is marching towards a “Golden tomorrow”.
India Pre-Budget Scenario

MACRO-ECONOMIC STABILISATION NEEDS GREATER FOCUS IN 2011

RBI TO ADDRESS INFLATION, CAPITAL FLOWS AND CREDIT QUALITY
S. Sethuraman - 2011-01-19 13:29
India’s growth story has now been overshadowed by the spate of globally-noticed scandals, out of which a considerably weakened UPA-II Government is trying to emerge and claim some legitimacy for governance which it had nearly forfeited. But there are continuing political uncertainties and economic challenges, internal and external, to ensuring macro-economic stability. A Cabinet reshuffle, long delayed, appeared to be in the making at the time of writing and it remained to be seen whether it would turn out to be another window-dressing or a real shake-up which could be promising of better governance from now on and help wipe out at least a part of past sins of omission and commission.

NEW UN ECONOMIC AND SOCIAL COUNCIL PRESIDENT OUTLINES PRIORITIES

Special Correspondent - 2011-01-18 23:30
New York: The newly-elected President of the UN Economic and Social Council (ECOSOC), Lazarous Kapambwe of Zambia, today outlined the body’s agenda for the coming year and pledged to work to strengthen its effectiveness in carrying out the United Nations’ global development agenda.

UN HUMANITARIAN OFFICE ALLOCATES $84 MILLION FOR NEGLECTED EMERGENCIES

Special Correspondent - 2011-01-18 23:26
New York: More than a dozen neglected emergencies around the world – where people are suffering the effects of hunger, malnutrition, disease, displacement and conflict – received a boost today with the United Nations’ allocation of some $84 million towards humanitarian aid.

FORMER HAITIAN LEADER’S RETURN RAISES IMPUNITY ISSUES

Special Correspondent - 2011-01-18 23:22
New York: The return to Haiti of former Haitian leader Jean Claude Duvalier clearly raises issues of impunity and accountability, the United Nations human rights office said today, adding that it was looking into the matter.

US$15 million grant to help Haiti’s efforts to fight the cholera epidemic

Special Correspondent - 2011-01-18 23:21
WASHINGTON — The World Bank Board of Directors today approved a US$15 million grant to help Haiti’s efforts to fight the cholera epidemic. The new project will boost the country's medical response to the disease while expanding its capacity to monitor and prevent such outbreaks. The program is part of the World Bank’s US$479 million reconstruction support.

World Bank help to strengthen Mexico’s business climate

Special Correspondent - 2011-01-18 23:16
WASHINGTONNUA – The World Bank (WB) Board of Executive Directors approved a US$751.9 million loan today to support the implementation of public policies aimed at strengthening Mexico’s business climate in order to foster economic growth and job creation.