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New texts under consideration at climate change conference under way

Special Correspondent - 2009-12-12 05:30
New York: New texts are under consideration at the landmark climate change conference under way in Copenhagen, Denmark, and while they are a key step forward in the talks, the United Nations stressed that they do not presuppose either a final outcome or its legal form.

$551 Million PRGF Arrangement for the Democratic Republic of the Congo

$73 Million in Interim HIPC Assistance
Special Correspondent - 2009-12-12 05:26
The Executive Board of the International Monetary Fund (IMF) today approved a three-year, SDR 346.45 million (about US$551.45 million) arrangement for the Democratic Republic of the Congo under the Poverty Reduction and Growth Facility (PRGF).

Uganda: World Bank Approves US$190 Million for Roads

Special Correspondent - 2009-12-11 17:32
WASHINGTON, D.C. - The World Bank Board of Executive Directors has approved a US$190 million International Development Association (IDA) credit to improve the connectivity and efficiency of the transport sector in Uganda.

World Bank Provides US$405 million to Support Urban Development in India

Special Correspondent - 2009-12-11 17:26
WASHINGTON, DC ─ The World Bank today approved two projects worth US$405 million to India, designed to promote environmentally friendly modes of urban transport, and to improve management and delivery of services in urban areas in the state of Andhra Pradesh (AP).

Crisis Response Window for Poorest Countries Approved

New mechanism will support countries hit by the global economic crisis
Special Correspondent - 2009-12-11 17:23
WASHINGTON - The World Bank's Board of Executive Directors today approved a $1.3 billion crisis response window for the International Development Association (IDA), the Bank's fund for the world's poorest countries.

IMF and Switzerland Sign Agreement on Capacity Building for Sub-Saharan Africa

Special Correspondent - 2009-12-11 17:10
Mr. Murilo Portugal, Deputy Managing Director of the International Monetary Fund (IMF), and Ambassador Beatrice Maser Mallor, Head of Economic Cooperation and Development of the State Secretariat for Economic Affairs (SECO), signed today an agreement for a contribution of US$10 million by Switzerland to the IMF's Africa Regional Technical Assistance Centers (AFRITACs).
HUGO Pan-Asian SNP Consortium

India is the source of genetic diversity in Asia

Time to retink about the concept of Aryan migration from Central Asia
ASHOK B SHARMA - 2009-12-11 13:20
A study done by a consortium of geneticists from 10 Asian countries shows that Indian genetic diversity is the basis of other population in Asia. It says that over 50,000 years ago there was a first single stream entry of humans into India from Africa. From India the human population settled in South-East Asia and from there some of then moved to east and central Asia.
India: Oil Sector

OMCs to incur under-recoveries of Rs. 45,478 crore during 2009-10

Special Correspondent - 2009-12-11 12:02
New Delhi: The Minister of Petroleum & Natural Gas Shri Murli Deora informed the Parliamentary Consultative Committee that the Oil Marketing Companies(OMCs) are projected to incur under-recoveries of Rs. 45478 crore on the four sensitive petroleum products (MS, HSD, Domestic LPG and PDS Kerosene) during 2009-10 based on the Refinery Gate Prices of the first fortnight of December 2009.

Genetic diversity in Asia mapped for the first time

Special Correspondent - 2009-12-11 11:53
New Delhi: Human genetic diversity in Asia has been mapped for the first time by a group of over 90 scientists from the Human Genome Organisation's (HUGO's) Pan-Asian SNP Consortium. In the process it has not only mapped of genetic diversity in Asia but also traced the genetic origins of Asian populations.