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Job opportunity in IT sector in India to grow

Special Correspondent - 2010-03-11 13:36
New Delhi: The job additions are likely to be higher in 2010-11 than in Financial Year 2009-10 in IT sector. As per NASSCOM, during the Financial Year 2009-10, the direct employment in this sector is estimated to reach nearly 2.29 million from 2.20 million in the previous year.

India: The 2010-11 Budget and infrastructure

K.R. Sudhaman - 2010-03-11 13:26
Infrastructure deficiency is one issue that required urgent attention if India were to move on to the high economic growth trajectory of nine per cent or more. One would not be wrong in saying that the 2010-11 Budget has made an honest attempt to work towards removing this bottleneck.

$300 million loan to support small and micro entrepreneurs in Egypt

Special Correspondent - 2010-03-11 09:32
WASHINGTON - The World Bank's Board of Executive Directors has approved a $300 million loan to support access to finance for small and micro entrepreneurs whose role is vital in Egypt's job creation and economic growth.
India

WOMEN'S RESERVATION BILL: THE EASY BIT IS OVER

THERE ARE MAJOR HURDLES AHEAD
Kalyani Shankar - 2010-03-11 09:24
Had the CPI veteran Gita Mukherjee been alive today, she would have been extremely happy with the Rajya Sabha passing the historic bill providing 33 per cent reservation for women in Parliament and legislatures.

World Bank Approves US$40 Million for Housing Finance Project in Tanzania

Special Correspondent - 2010-03-11 09:17
WASHINGTON - The World Bank's Board of Executive Directors has approved an International Development Association (IDA) credit of US$40 million to support implementation of a Housing Finance Project in Tanzania.

NEW UN SATELLITE STANDARDS TO BOOST COMMUNICATIONS IN EMERGENCIES

Special Correspondent - 2010-03-11 09:02
New York: New radiocommunication standards for satellite services that could be used to save greater lives in the wake of natural disasters have been approved, the United Nations International Telecommunications Union (ITU) has announced.

GAZA BLOCKADE NEARS 1,000-DAY MILESTONE, WARNS SITUATION WORSENS

Special Correspondent - 2010-03-11 08:52
New York: The situation in the Gaza Strip is becoming increasingly dire as the Israeli blockade approaches its 1,000th day, allowing an illegal economy to flourish, the new head of the United Nations agency tasked with assisting millions of Palestinian refugees has said.

MYANMAR: NEW ELECTORAL LAWS FALL SHORT OF EXPECTATION

Special Correspondent - 2010-03-11 08:48
New York: New electoral laws unveiled by authorities in Myanmar do not meet United Nations expectations of what is required for an inclusive political process in the Asian country, UN Secretary-General Ban Ki-moon has warned.

Mexico : recovery is underway

Special Correspondent - 2010-03-11 08:42
Mexico has a sustained record of sound economic policies, and has very strong economic fundamentals, and institutional and policy frameworks. While Mexico has been hit hard by the global financial crisis, the Mexican authorities have responded strongly and effectively, and there are clear signs that a recovery is underway.

INDEPENDENT REVIEW ANNOUNCED AFTER GROWING ATTACKS ON CLIMATE ENTHUSIASTS

Special Correspondent - 2010-03-11 08:32
New York: UN Secretary-General Ban Ki-moon and the head of the United Nations-backed panel tasked with preparing regular scientific reports on the impact of climate change has announced that the body, which is facing growing attacks from global warming sceptics, will undergo an independent and comprehensive review.