The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The opening day of the five-day-long annual meeting of the World Economic Forum (WEF), which began here on Wednesday, was marked by French President Jacques Chirac mooting four controversial proposals to raise adequate resources for global aid to poorer nations in Africa, Asia and Latin America.In a videolink appearance at …
Major Gujarat-based manufacturers of dyes, pharmaceuticals, chemicals and pesticides have chosen to stay away from the request of the Union ministry of chemicals and fertilisers to get listed under the Chemical Weapons Convention (CWC). A K A Rathi, technical advisor (chemicals), government of Gujarat, said very few chemical companies in …
Expressing concern over the frequent fire incidents, Delhi's L-G, B.L. Joshi said a core committee is being constituted under the Chief Secretary of Delhi, to work out a composite fire safety plan. He also said that the fact that Delhi figures in the Seismic Zone IV, prone to earth quakes, …
Even as the Cabinet referred the Special Economic Zone Bill to the Group of Ministers, the Planning Commission is toying with the idea of creating five large special economic regions. The proposed economic regions would be set up with world-class infrastructure and would not be meant for exports only.
The annual meeting of the World Economic Forum is a fixture in that calendar where news and socializing meet, where the great, the good and the not so good mix with each other and the media. It certainly beats events like the World Bank/IMF annual meeting with its overload of …
These days there is much talk about combating corruption in Asia. Prime Minister Abdullah Badawi of Malaysia made it a key part of his platform when he came to office in 2003; so did President Susilo Bambang Yudhoyono of Indonesia when he vowed to fight graft in his October 2004 …
The National Institute of Smart Governance (NISG) has drawn up plans to broadbase the implementation of various e-governance projects across the country and is working on standardisation process. It has identified certain key areas of citizen services, land records and transportation applications that could be replicated for rapid deployment and …
The Planning Commission has approved Chhattisgarh's 2005-06 annual plan at Rs. 4,275 crores. The plan size was finalised at a meeting here today between the Deputy Chairman of the Commission, Montek Singh Ahluwalia, and the Chhattisgarh Chief Minister, Raman Singh.During the discussions, Mr. Ahluwalia appreciated the steps taken by the …
The Commerce and Industry Minister, Kamal Nath, will lead a delegation to the four-day Davos World Economic Forum (WEF) summit, beginning on January 26. The summit will be followed by a WTO mini-Ministerial meeting.The delegation will include the Minister of State for Science and Technology, Kapil Sibal, and the Secretary, …
Global rating agency Standard & Poor's warned Asia may see lower growth this year due to adverse impact of oil price pressure and tsunami, but said India will be an "exception'. "India, and perhaps Indonesia, are the exceptions to lower growth (in Asia-Pacific) during 2005,' S&P; said in its commentary
The annual Plan of Meghalaya for 2005-06 has been determined at Rs 800 crore which includes one-time additional Central assistance of Rs 51 crore for special projects of importance to the State. The Deputy Chairman Planning Commission, Dr Montek Singh Ahluwalia, and the State Chief Minister, Mr M.D.D. Lapang, finalised …
A brimming lake with a meditation centre in the middle, a jogging track around, a sprawling entertainment park with gaming centres, swimming pools, zoo
It is time for state governments to observe much more fiscal discipline. More so, under centrally controlled aggregate borrowing cap, says a World Bank report titled
Liberalisation has helped the country achieve a comfortable growth rate though the unemployment problem persists, according to International Labour Organisation (ILO) senior enterprise specialist, Gopal Joshi. In his keynote address on
The Government of India has accepted almost all the major recommendations of the Shrivastav committee report on Revitalisation of North Eastern Council, which had been accorded the status of a statutory regional planning body for the northeastern frontier region, and initiated steps to implement them in a phased and systematic …
The National Council of Applied Economic Research (NCAER) has underlined the need for a liberal labour policy in the sepcial economic zones (SEZs). In a study on "SEZs: what more needs to be done', the report said labour policies for SEZs should include mechanism allowing non-viable firms to close down. …
For the first time, the rural development ministry's outlay in the Budget could exceed that of defence, which has traditionally grabbed the biggest chunk of money. Rural development minister Raghuvansh Prasad Singh says this is what his ministry hopes. Although rural development has always been second after defence, the gap …
The rise of China and India as global players is heralding an Asian Century in place of a receding American Century, a US intelligence report said. In a far reaching projection, the CIA commissioned report compared the rise of the two Asian giants to the advent of a united Germany …
