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MANILA, PHILIPPINES - The Asian Development Bank (ADB) Board of Directors today approved a proposal to extend a $325 million guarantee for a 13-year syndicated loan of $342 million to state-owned Viet Nam Electricity, which will be used to fund urgent transmission and distribution improvements needed to meet rising power demand.

If the public perception is that industry or the corporate sector is the biggest polluter of environment in India, think again. Unlike their counterparts in rich countries in the northern hemisphere, clubbed as G-8, India's corporate sector is the probably the least polluter of atmosphere in the world. And, that explains its generally studied silence, if not a total lack of concern, on the debate on India's stand on carbon emission cuts at the ongoing global climate change conference in Copenhagen, Denmark.

NEW DELHI: The loot of the country's natural resources under the Liberalisation, Privatisation and Globalisation (LPG) regime is a matter of grave concern.

New York: Latin America and the Caribbean will bounce back faster than expected from the global financial crisis, with growth projected at over 4 per cent next year, a regional United Nations agency for economic development announced.

New York: Negotiators at the historic United Nations climate change conference in Copenhagen, Denmark, are making good progress in the area of technology, a senior official with the world body said.

New York: The private sector arm of the World Bank launched the first ever eco-friendly stock market index that allows investors to track the carbon efficiency of companies doing business in emerging economies.

New York: Although 146 States of the 192 Member States of the United Nations ratified or acceded to the international convention outlawing torture, the practice is still rife worldwide 25 years after the treaty's adoption, the UN Committee against Torture warned.

New York: A United Nations gathering aimed at tackling some of the urgent problems suffered by the mounting number of refugees seeking shelter in cities and towns has wrapped up today with calls for greater efforts to help the forcibly displaced.

Andhra Pradesh plunged into a fresh political crisis with resignations of 93 MLAs from the state legislature and an MP from the parliament of India in protest against the Centre's decision to carve out a separate Telangana state and inviting TRS chief K Chandrasekhar Rao to Delhi to discuss the next step in the formation of separate Telengana. Among the legislator resigned 53 were from Congress, 30 from TDP including one MP and 11 from Praja Rajyam.

New Delhi: Rising prices of potatoes, onions and pulses pushed food inflation to a high of 19.05 per cent in the fourth week of November, according to review of wholesale prices for primary articles and fuel, power, light & lubricants in India for the week ended 28th November 2009 released today. It was 17.47 per cent for the week ended 21st November.