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INDIA: CORPORATE WATCH

FOOD INFLATION NOW BIGGEST THREAT TO ECONOMY

PRICE CONTROL SHOULD GET GOVT’S TOP PRIORITY
Nantoo Banerjee - 2010-01-15 11:04
The period between December 15 and January 14 traditionally brings the happiest time in the otherwise struggling life of the country's poor and the low income group population despite the usual severity of winter in many parts of central and northern India. The period marks the peak kharif harvesting season. The prices of food articles, milk products, seasonal fruits and vegetables normally remain at their lowest levels during this period of the year.
India: Uttar Pradesh

UP COUNCIL POLL VICTORY A BIRTHDAY GIFT FOR MAYAWATI

RESULT CONSTITUTES A SETBACK FOR SP, CONGRESS
Pradeep Kapoor - 2010-01-15 10:59
LUCKNOW: It was a fabulous birthday gift for Chief Minister Mayawati when the Bahujan Samaj Party (BSP) swept elections to the UP Legislative Council. Mayawati celebrates her birthday on January 15.

Southeast Asia Recovering from Crisis, But Fiscal, Structural Changes Needed

Special Correspondent - 2010-01-15 07:15
MANILA, PHILIPPINES - Southeast Asian economies are recovering faster than expected from the global economic crisis, but in the longer term will need to make financial, fiscal and structural adjustments to buffer themselves against future shocks, says a new study commissioned by the Asian Development Bank (ADB).

India Set for Solid Recovery, But Action Needed on Inflation, Deficit

Special Correspondent - 2010-01-15 07:12
MANILA, PHILIPPINES - India's economy is poised for a solid recovery in 2010 as the global financial crisis fades, but policymakers need to address inflation and the widening fiscal deficit to buffer it against the impact of future global shocks, said a new study commissioned by the Asian Development Bank (ADB).

Recovery in China to Quicken, Policy Changes Needed to Avoid Overheating

Special Correspondent - 2010-01-15 07:09
MANILA, PHILIPPINES - Growth in the People's Republic of China (PRC) is set to surge this year as the global financial crisis fades, and policymakers will need to consider tightening measures to prevent potential overheating of the economy, said a new study commissioned by the Asian Development Bank (ADB).

GRIM PICTURE OF CONDITIONS OF WORLD'S INDIGENOUS PEOPLES

Special Correspondent - 2010-01-15 07:05
New York: The world's 370 million indigenous peoples suffer from disproportionately, often exponentially, higher rates of poverty, health problems, crime and human rights abuses, the first ever United Nations study on the issue reported, stressing that self-determination and land rights are vital for their survival.

IMF to give US$1.25 Billion Loan to Jamaica

Special Correspondent - 2010-01-15 06:58
IMF staff and the Jamaican authorities today reached agreement, subject to final approval by the IMF Executive Board, on an economic program supported by an SDR 802.5 million (about US$1.25 billion) loan under a 27-month Stand-By Arrangement.

IMF to Provide US$100 Million in Emergency Assistance to Haiti

Special Correspondent - 2010-01-15 06:52
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country.
On the visit of Bangladesh Prime Minister to India, Jan 10-13

Sheikh Hasina draws contours of South Asian development with India

Cooperation is also for mutual benfit of two countries
ASHOK B SHARMA - 2010-01-14 13:25
India has found a friend in Sheikh Hasina, the prime minister of Bangladesh. She is regarded as a friend not only by the ruling Indian National Congress party, but also the wide spectrum of political parties in the country, including the Hindu nationalist Bharatiya Janata Party that regard her as a sincere friend.
India

Agricultural research for inclusive growth

Dr. S. Ayyappan* - 2010-01-14 12:21
Indian agriculture has witnessed momentous growth during the last 60 years. The food grain production increased by 4 times, horticultural crops and milk by 6 times, fish by 9 times and eggs by 27 times since 1950-51. The country harvested a record 230 million tonnes of food grains, produced 6.87 million tonnes of fish and more than 100 million tonnes of milk during 2008-09.