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Should the Members of Parliament get a pay hike? Why not, of course they should. After all they are also classified as public servants. They come under many laws like the prevention of corruption law, office of profit and others. However, they should also fulfill their responsibilities as lawmakers and should be accountable to those who elect them.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) today announced that it would extend $2 billion to Pakistan to help with the rehabilitation and reconstruction work resulting from the devastating floods.

NEW DELHI - Innovative, cheaply priced products targeted at India's booming middle class are helping to spur domestic consumption and growth but the sector remains vulnerable to economic shocks and carefully calibrated policy measures will be needed to sustain income gains in the longer term, says a new Asian Development Bank (ADB) report.

NEW DELHI - Asia has shown more resilience than initially expected to the global financial crisis, with major economies posting solid growth, even as demand for exports from the US and Europe slumped, says a new report from the Asian Development Bank (ADB).

NEW DELHI - Developing Asia's rapidly expanding middle class is likely to assume the traditional role of the US and Europe as primary global consumers and help rebalance the global economy, says a new report on Asia's middle class from the Asian Development Bank (ADB).

The Executive Directors of the International Monetary Fund (IMF) have observed that Jamaica's persistently weak fiscal position and unsustainable debt burden had magnified the fallout from the global economic crisis. Lack of access to external financing and large fiscal and balance of payments gaps had constrained the authorities' room for policy maneuver. Directors underscored the urgency of fundamental reforms to break the vicious cycle of low growth and high debt dynamics. Full implementation of the ambitious economic strategy that underpins the Fund-supported program is of critical importance, with its three pillars being: medium-term fiscal consolidation and reforms to entrench fiscal discipline, a debt strategy aimed at reducing interest costs, and financial sector reforms to address systemic sources of risk.

New York: Lebanon and Israel have voiced interest in accelerating the process of marking the so-called Blue Line separating the two countries, the military head of the United Nations peacekeeping mission in the region reported today.

New York: The United Nations will mark the second-ever World Humanitarian Day on Thursday by paying tribute to the life-saving work carried out by aid workers around the globe, often in perilous places, to help those whose lives have been torn asunder by conflict, natural disasters and other crises.

New York: Russia's bat population, which boasts some 30 species, has been hard hit by the wildfires that swept across the country this summer, and many species may suffer the long-term loss of their habitats, the United Nations warned today.

The BJP's decision to take out a march to Anwarssei where PDP chairman, Abdul Nasser Madhani, was camping before being arrested by the Karnataka police, is fraught with dangerous consequences.