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Switzerland: Economic recovery continues with high level of uncertainties

Special Correspondent - 2010-05-22 08:05
Executive Board of the International Monetary Fund (IMF) has in an assessment commended the authorities of Switzerland for strong macroeconomic fundamentals and pro-active policy response which contributed to the resilience of the economy during the global crisis. Economic recovery is ongoing although uncertainties relating to external developments persist. In the absence of near-term threats to price and public finance stability, Directors supported a cautious exit from the current accommodative fiscal and monetary stance.

India: Govt. Employees take Pledge on Anti-Terrorism

Special Correspondent - 2010-05-21 09:45
New Delhi: Anti Terrorism Day is being observed throughout the country today. Employees in Govt. offices, Public Sector Undertakings and other public institutions in the country took a pledge in connection with the Anti-Terrorism Day.

India: Census 2011 - Do You Know?

Special Correspondent - 2010-05-21 09:26
Census is the basis for reviewing the country's progress in the past decade and monitoring the on-going schemes of the Government.

CHINESE INCURSION INTO INDIA'S UNGUARDED ECONOMY IS REAL

SOME RESTRICTION ON NON-ESSENTIAL IMPORTS NEEDED
Nantoo Banerjee - 2010-05-21 09:20
The Grecian urn, on which the 19th century English romantic poet John Keats wrote one of his most critically acclaimed poems, is empty and upside down. Greece's public debt, 120 per cent of the country's GDP, has done it. If the poet were around now, he would probably pen the 'dirge of a dying' Grecian culture under a heavy debt burden.

INDIA: UPA-II'S MIXED PERFORMANCE IN FIRST YEAR

FOOD PRICES, INFRASTRUCTURE REMAIN CONCERN AREAS
Economic Correspondent - 2010-05-21 09:17
The United Progressive Alliance (UPA) government will complete its one year in office this week in its second term. Not unusual to take stock after a year. To judge on this score, one can take the UPA II promises put out last year in its election manifesto. While doing this exercise one must remember the context in which the UPA II government functioned in the last one year. And it must be said that this has not been too comfortable.

Gambia: GDP projected to grow at about 5 percent

Special Correspondent - 2010-05-21 09:09
An International Monetary Fund (IMF) mission led by Mr. David Dunn visited The Gambia during May 7-20, 2010, to conduct discussions for the 2010 Article IV consultation and the seventh review of The Gambia's program under the Extended Credit Facility (ECF).

RESULTS OF PROBE INTO KOREAN NAVY SHIP SINKING 'DEEPLY TROUBLING'

Special Correspondent - 2010-05-21 08:45
New York: UN Secretary-General Ban Ki-moon has voiced serious concern over the results of the investigation into the sinking of a navy ship off the coast of the Republic of Korea, alleged by the country to have been carried out by its northern neighbour, the Democratic People's Republic of Korea (DRPK).

India Meteorological Department (IMD) replacing old radar by the state of art S-band Doppler Weather Radar (DWR)

Special Correspondent - 2010-05-20 11:29
New Delhi: India Meteorological Department is modernising its observational network. Under Ist phase of modernization, India Meteorological Department (IMD) is replacing its old and conventional radar by the state of art S-band Doppler Weather Radar (DWR) in a phased manner at different locations all over the country. This radar will play a vital role for providing information of bad weather events over Delhi and its adjoining areas.