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New York: The head of the United Nations refugee agency today urged the international community to come up with ways of responding to the displacement of people as a result of evolving circumstances that did not exist when the organization was founded or when treaties on refugees were created.

The Executive Board of the International Monetary Fund (IMF) has completed the first review of Guinea-Bissau’s economic performance under its program supported by the Extended Credit Facility (ECF) arrangement. Completion of the review, on December 13, 2010, enables the immediate disbursement of SDR 2.414 million (about US$3.71 million), bringing total disbursements under the arrangement to SDR 10.295 million (about US$15.83 million).

New Delhi: The Housing and Urban Poverty Alleviation Minister Kumari Selja has said that Swarna Jayanti Sahari Rozgar Yojana (SJSRY) strives to improve the economic and social status of urban poor through providing opportunities for wage and self-employment.

New Delhi: The Union Minister for Steel, Shri Virbhadra Singh chaired the meeting of the Consultative Committee attached to his Ministry here yesterday. The topic of the meeting was “working of MECON Ltd., KIOCL Ltd. and Bird Group of Companies.

New Delhi: An American firm has shown keen interest in the Explosive Detection Kit (EDK) developed by the Defence Research and Development Organization (DRDO). An agreement on Transfer of Technology is likely to be signed soon between the two sides.

How the mighty have fallen! The Congress party was so exuberant and confident after its Lok Sabha election victory last year that it imagined that it would be only a matter of time before it returns to the glorious past of one-party salience when it used to call the shots nationally and rule in all but a handful of states. Barely one-and-a-half years later, the party is besieged by scandal after scandal, buffeted by defeats in the Bihar Assembly elections, Uttar Pradesh panchayat polls and various by-elections, politically confused, and organisationally demoralised. Suddenly, its return to power in 2014 no longer looks a near-certainty, as it did only some months ago.

Pakistan’s exclusion from the sub-continental team of hosts for the cricket world cup next year means that its dream of achieving parity with India in south Asia has turned to dust. The matches will be played only in India, Sri Lanka and Bangladesh to underline Pakistan’s status as a pariah nation.

MANILA, PHILIPPINES - Mongolia with support from the Asian Development Bank (ADB) will build a state-of-the-art road/rail linked logistics facility that will help expand and speed up trade, and increase the landlocked country's global competitiveness.

MANILA, PHILIPPINES - The Asian Development Bank (ADB) is providing $200 million to Indonesia for further reforms to speed up sustainable economic growth and accelerate the government's drive to reduce poverty.

MANILA, PHILIPPINES - The Asian Development Bank's (ADB's) Board of Directors has approved a $1.1 billion finance package for two major transportation projects in Viet Nam that will help unclog Ho Chi Minh City's overcrowded roadways.