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Indian economy has been through an year-long process of painful adjustment to economic slowdown and social distress triggered by the global financial crisis and recession in developed nation markets, which ceased to be drivers of the world Economy. Accommodative monetary policies since September 2008 and fiscal stimulus in stages have helped to keep the economy afloat at a modest 6 per cent growth on average.

MANILA, PHILIPPINES - Climate change poses fundamental threats to Asia's food and energy security which, if left unchecked, will result in an upsurge of migration into already overburdened mega cities, according to three major new studies funded by the Asian Development Bank (ADB).

New York: Moves to prevent the criminal use and abuse of young boys and girls recruited into armed groups around the world took a step forward today as eight more countries endorsed a United Nations declaration aimed at ending the scourge and bringing to justice those who violate children in armed conflict.

On 29 September 2009, the Royal Government of Cambodia, through its Ministry of Commerce, gained access to the Tier 1 of the Enhanced Integrated Framework (EIF) seven years after having been selected as a pilot country under the Integrated Framework (IF).

New Delhi: Eminent singer Shri Manna Dey has been selected for the Dada Saheb Phalke Award for the year 2007. The Award is given by the Government of India for outstanding contribution in the field of cinema. The Award carries a Cash Prize of Rs. 10 lakh, a Swaran Kamal and a Shawl.

The Central Government has decided that the provisions of the Gram Nyayalayas Act shall come into force in the areas to which this Act extends on October 2, 2009 i.e. the birth anniversary of Mahatma Gandhi. The Gram Nyayalayas Act, 2008 has been enacted to provide for the establishment of the Gram Nyayalayas at the grass roots level for the purpose of providing access to justice to the citizens at their door steps.

British Conservative politician Enoch Powell's memorable observation that “all political lives, unless they are cut off at a happy juncture, end in failure” is eminently applicable to L.K. Advani.

Such has been the hype and hysteria in the Indian media over alleged Chinese border incursions that one would think the two nations are about to go to war. That was indeed the perceptive reaction of a visiting foreign journalist friend after watching Indian TV channels. It's not the substance of the incursion stories, which raised alarm and provoked calls for retaliation. It's the manipulative display of file pictures of Chinese warplanes, tanks and long columns of soldiers—with no relationship to ground realities— and wild comments by TV anchors, that inflamed tempers.

WASHINGTON: The global economic crisis is contributing to shifts in power relations in the world that will impact currency markets, monetary policy, trade relations and the role of developing countries, said World Bank Group President Robert B. Zoellick.

New York: The strengthening of ties between developing countries has been one of the few positive consequences of the global economic meltdown, the leaders of two Caribbean nations told the UN General Assembly.