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CENTRAL AFRICAN REPUBLIC RECEIVES NEW UN PEACEBUILDING FUNDS

Special Correspondent - 2010-02-04 17:02
New York: The United Nations today announced a further allocation of $20 million from its Peacebuilding Fund to the Central African Republic (CAR) to support security sector reform, economic revitalization and the rule of law in consolidating peace in the impoverished African country.

IMF praises India, wants introduction of some new economic measures

Special Correspondent - 2010-02-04 16:57
Executive Directors of the International Monetary Fund (IMF) congratulated the authorities on their strong record of sound macroeconomic policies and decisive actions leading to India's early and vigorous recovery from the global crisis. Directors looked forward to the introduction of the Goods and Services Tax and the new Direct Tax Code.

A New Push for Peace and Security in Africa

Special Correspondent - 2010-02-04 11:20
Addis Ababa - The African Union and the World Bank are combining efforts to promote innovative approaches to achieving long lasting peace, economic development, and security in conflict-affected countries through collaboration of two flagship projects: The African Year of Peace and Security and the World Development Report 2011 on conflict, security and development.

Capital Flows to Developing Countries Show Strong Drop

Special Correspondent - 2010-02-04 11:15
WASHINGTON — Net capital flows to developing countries fell to $780 billion in 2008, reversing an upward trend that began in 2003 and peaked at $1,222 billion in 2007, according to a new report from the World Bank. Particularly hard hit were private capital flows, which fell by almost 40 percent. All developing regions were affected, with emerging market economies in Europe and Central Asia experiencing the sharpest downturn.

US$ 485 Million Loan to improve Education, Health and, Finance in Rio de Janeiro

Special Correspondent - 2010-02-04 11:10
WASHINGTON - The World Bank Board of Directors approved a US$ 485 million loan to the State of Rio de Janeiro, for the Fiscal Sustainability, Human Development and Competitiveness Development Policy Project. The project will support Rio's efforts to improve education, health, fiscal management and the investment climate, helping offset the impact of the global slowdown on the State.
India: Science and Technology

Renewed impetus to science: Five Specific Initiatives Introduced

Special Correspondent - 2010-02-04 11:10
New Delhi: The Ministry of Environment & Forests today announced a series of measures to strengthen the scientific base underlying the activities of the Ministry. The Ministry has introduced five specific initiatives in this direction.

India-Hungary sign Social Security Agreement

Special Correspondent - 2010-02-04 10:59
Shri Anand Sharma, Union Minister of Commerce and Industry, met the Prime Minister of Hungary, Mr. Gordon Bajnai in Budapest last evening. During their bilateral meeting, India and Hungary signed an agreement on Social Security facilitating short term employment.

India: E-waste expected to increase to 8,00,000 tonnes by 2012

Special Correspondent - 2010-02-04 10:56
New Delhi: During 2005, 1,46,800 tonnes of e-waste was generated in the country, which is expected to increase to 8,00,000 by 2012. A survey carried out by the Central Pollution Control Board (CPCB) further states that the top ten cities generating e-waste are Mumbai, Delhi, Bangalore, Kolkata Chennai, Ahmedabad, Hyderabad, Pune, Surat and Nagpur.

New Medical course for Rural India, No need to fear about quality

Special Correspondent - 2010-02-04 10:55
New Delhi: The Union Minister of Health and Family Welfare, Shri Ghulam Nabi Azad has said that not recognizing the need for trained medical human resources in rural areas and unwillingness to consider new ideas for addressing it will not help the situation.

India committed to eliminate menace of child labour

Special Correspondent - 2010-02-04 10:55
New Delhi: The Union Minister of Labour & Employment Shri Mallikarjun Kharge has said that India is making every effort to eliminate the child labour and his ministry is very focused on this issue.