View Articles

July 15, 2010 turned out to be a historic day, as the Indian Rupee got the much awaited symbol, just like other leading currencies of the world viz – Dollar, Euro, Pound Sterling and the Yen. The new symbol is an amalgamation of Devanagari –‘Ra’ and the Roman ‘R’ without the stem. Till now, the rupee was written in various abbreviated forms in different languages.

New Delhi: Fissures in the left unity is now visible. Forward Block had already contested last asslembly elections in Tripura without CPM with it. The BJP is not now the greatest enemy for the CPM, but for the other allies it is. Of late, INC has become the greatest enemy for the CPM, the political stand that suits the other allies too in West Bengal, the citadel of the Left politics in India, which is going to polls next year. However, they seem to be under the grip of a fear of loosing grassroot support on account of softening stand of the left towards the BJP. Then there is a severe difference of opinion within the CPM on taking support from the BJP and withdrawing support from the INC. In this overall scenario, Trinmool Congress is gaining ground which is a disturbing trend for the Left.

KOLKATA: Hurricane Aila swept over Bangladesh and south West Bengal on May 25, 2009, leaving a massive trail of death, destruction and environmental damage.

Never before the capitalist system has been so much under public scanner in the United States of America (USA), the most ardent champion of laissez faire. The Obama administration is under pressure from growing numbers of US academics and political and economic thinkers for tightening the regulatory system and stronger state intervention to protect the society from evil designs of speculators, derivatives traders, greedy bankers, auditors, accountants and corporate executives.

BHOPAL: The members of the Madhya Pradesh council of Ministers are living in a state of perpetual tension. No one knows when his or her marching orders may come.

International migration has fallen during the economic crisis, but as the recovery moves into gear migrants will once again be needed to fill labour and skill shortages, according to a new OECD report.

New York: The United Nations World Health Organization (WHO) is working with the Nigerian Government to contain an unprecedented outbreak of lead poisoning in the country's north, a result of the processing of lead-rich ore in gold mining.

Thanks to a powerful and effective policy response, says International Monetary Fund (IMF) mission in its concluding statement, the recovery from the Great Recession has become increasingly well established. Since mid-2009, massive macroeconomic stimulus and the turn in the inventory cycle have overcome prevailing balance sheet strains, and—aided by steadily improving financial conditions—autonomous private demand has also started to gain ground. While still modest by historical standards, the recovery has proved stronger than we had earlier expected, owing much to the authorities' strong and effective macroeconomic response, as well as the substantial progress made in stabilizing the financial system. Important steps have also been taken to sustain growth and stability over the medium term, including through landmark health-care legislation and, as noted in the FSAP assessment, significant progress toward reform of financial regulation.

Executive Directors of the International Monetary Fund (IMF) have commended the authorities for their decisive fiscal and financial sector policies during the crisis, which helped stabilize the economy and generate a recovery. Notwithstanding encouraging signs, the Lithuanian economy faces important challenges of high fiscal deficits and rapidly growing public debt as well as a high stock of non-performing bank loans. In addition, growth needs to rebalance towards exports. Addressing these challenges will sustain the recovery and facilitate euro adoption.

“Every One Counts” is the theme of World Population Day 2010. Which falls on 11th of July. This is an annual event, which seeks to raise awareness about global population issues. This year's theme is about encouraging people to participate in their official census and other methods of collecting data on populations. The event, established by the United Nations Development Programme in 1989, seeks an increased public awareness of population issues like importance of family planning, gender equality, poverty, maternal health, sexual and reproductive health, and human rights which have a serious impact on the world's development and environment.