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International regime for Climate Change

Kalpana Palkhiwala - 2010-01-22 20:31
The Internationally agreed regime for climate change is laid down in the United Nations Framework Convention on Climate Change, 1992. Under the Convention, all industrialized countries have binding commitments to reduce their emissions. The Parties to UNFCCC signed the Kyoto Protocol in 1997. The Protocol lays downs binding quantified emission reduction targets for all the 37 industrialised countries that are listed in Annex-I of the Convention for the first commitment period 2008-2012, although US, the World's biggest emitter of greenhouse gases, did not ratify the Kyoto Protocol.

India signs Loan Agreements with World Bank for three projects

Special Correspondent - 2010-01-22 20:26
New Delhi: The Loan and Project Agreements for World Bank assistance to the State of Andhra Pradesh for three projects were signed in the presence of Hon'ble Chief Minister of Andhra Pradesh, Dr. K. Rosaiah between Government of India/Government of Andhra Pradesh and World Bank at Hyderabad today.

India's ultimate irrigation potential is about 139.9 million hectare (Mha)

Special Correspondent - 2010-01-22 20:20
The ultimate irrigation potential for the country has been assessed to be about 139.9 million hectare (Mha). As per the available information, about 105.8 Mha of irrigation potential has been created so far. Total area under irrigation varies from year to year. As per the Land Use Statistics of Ministry of Agriculture, gross irrigated area and net irrigated area during 2006-07 have been estimated to be 85.8 Mha and 60.9 Mha respectively.

Elementary Education in India: A progress report

Special Correspondent - 2010-01-22 20:13
New Delhi: Shri Kapil Sibal, Union Minister for Human Resource Development, released, here today, the 'DISE Flash Statistics-2008-09' which is a progress report towards Universalisation of Elementary Education in India. This report has been prepared by the National University of Educational Planning and Administration(NEUPA).

Eco-fashion battle to curb unprecedented loss of the world's biodiversity

Special Correspondent - 2010-01-22 19:54
New York: The United Nations has mobilized the fashion and cosmetics industries in an “eco-fashion” battle to curb the unprecedented loss of the world's biodiversity, from over-harvesting wild species for their skins or natural fibres to pollution caused by manufacturing processes.

GLOBAL RECOVERY IN CHANGING LANDSCAPE FOR FINANCE AND GROWTH

HIGHER BORROWING COSTS AND LOWER CREDIT LEVELS TO HIT COUNTRIES
S. Sethuraman - 2010-01-22 11:05
The world economy has now entered a phase of slow and fragile recovery from the worst global crisis since l945 but still mired in uncertainties, which rule out any return to pre-crisis boom years of growth and low interest rates. All countries have thus to adjust to a changing landscape for finance and economic development over the next five to ten years. This is the scenario unfolded by the World Bank's Report on “Global Economic Prospects 2010”.
INDIA: CORPORATE WATCH

BANKERS-BUSINESSMEN NEXUS RAMPANT

NOBODY CARES FOR SMALL DEPOSITORS
Nantoo Banerjee - 2010-01-22 11:02
In the banking industry parlance, deposit is called a liability and credit an asset. Deposit creates interest liability. Credit brings interest income. And, it is no wonder that depositors are treated most shabbily by our banks.

Asia's Small Enterprises Get Help to Boost Cross-Border Trade

Special Correspondent - 2010-01-22 07:16
MANILA, PHILIPPINES - The Asian Development Bank (ADB) is funding a study of market and finance barriers to boost cross-border trade by small and medium sized enterprises (SMEs), which could help pave the way for an increase in trade and a reduction in poverty in poor border areas.
NEPAL

SECURITY COUNCIL EXTENDS MANDATE OF UN MISSION BY FOUR MONTHS

Special Correspondent - 2010-01-22 07:12
New York: The Security Council voted to extend the United Nations political mission in Nepal (UNMIN) by nearly four months amid heightened tensions in the Asian country ahead of the issuing of a new constitution.

Malaria kills a child every 30 seconds

UN ENVOY WELCOMES PHARMACEUTICAL COMPANY’S RELEASE OF MALARIA DATA
Special Correspondent - 2010-01-21 19:29
New York: The envoy leading United Nations efforts against malaria today praised one of the world's largest pharmaceutical companies for its plan to open up its database to scientists in hopes of promoting research to help combat the deadly disease.