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OPTIONS LAID OUT FOR PROSECUTING PIRATES OPERATING OFF SOMALI COAST

Special Correspondent - 2010-08-20 23:04
New York: An international tribunal set up by the Security Council under Chapter VII of the United Nations Charter authorizing the use of force is among several options to prosecute pirates operating off the Somali coast laid out by Secretary-General Ban Ki-moon in a new report made public today.

Aviation Sector in India Creating New Benchmarks

Special Correspondent - 2010-08-20 12:24
In view of the increased pressure on the airport infrastructure and also to create a world-class airport infrastructure upgradation/modernization of a number of Metro and Non-metro airports have been undertaken by Airports Authority of India (AAI), as well as through Joint Venture Companies.

CHINA NEEDS CURRENCY APPRECIATION FOR GROWTH REBALANCING - IMF

OVERTAKES JAPAN BUT ALSO RUNS RISKS TO MAINTAIN MOMENTUM
S. Sethuraman - 2010-08-20 11:30
China has been lauded for its “pro-active and decisive” policy response which helped its overcoming the global economic crisis and maintain robust growth, estimated at 10.5 per cent this year, while inflation appears to be benign though, according to IMF, a global downturn would have a major negative impact, mainly through trade channels. An IMF staff study notes the fiscal stimulus continues in 2010 and China has space for more counter-cyclical measures and can also loosen monetary policy again to give itself a significant cushion against a worsening of global growth outlook.
INDIA: CORPORATE WATCH

MEETING THE CHALLENGE OF GLOBAL CORPORATES

INDIA HAS TO KEEP FIRM
Nantoo Banerjee - 2010-08-20 11:27
The power of sovereign states is under challenge all over the world not by separatist political outfits and terrorists alone. Mighty transnational corporations and their arrogant management pose an equal threat to state sovereignty and domestic laws as they have been proved time and again in various parts of the world, including fast growing countries such as China and India. BlackBerry's latest fight with the national governments of India, Saudi Arabia and the Emirates denying access to subscribers' communications data to national security agencies is just an exhibition of such arrogance.

INTERNAL MARKETS COULD PROPEL ECONOMIC RECOVERY IN ASIA-PACIFIC REGION

Special Correspondent - 2010-08-19 23:44
New York: To sustain its economic recovery, the Asia-Pacific region needs to create new internal markets by addressing infrastructure gaps and alleviating poverty, according to a United Nations-backed gathering that wrapped up today in Bangkok, Thailand.

Caracal - the Mysterious Cat

Kalpana Palkhiwala - 2010-08-19 10:19
Certain species are very hard to find like the snow leopard and the red panda that live in the high reaches of the Himalayan Mountains and in the rain forests. But, this is not so with the Caracal because it resides in the easily approachable main lands of India, some are also the main tourism hubs of India such as Ranthambhore and Sariska. Yet, to sight this mysterious cat is not easy.
India

PARLIAMENTARIANS MUST BE MADE MORE ACCOUNTABLE

Kalyani Shankar - 2010-08-19 10:13
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.

India's Middle Class Driving Innovation, Consumption, But Still Vulnerable

Special Correspondent - 2010-08-19 10:08
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.