Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

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 …

No project in Silent Valley

The government has clarified that there was no proposal to set up a hydro-electric power project in Kerala that environmentalists allege would affect the Silent valley national park. "There is no proposal of a hydroelectric power project (at Pathrakadavu in Palakkad district) pending before the ministry for environmental clearance," A …

Nepal firm to protect ozone layer: Koirala

Minister for Environment, Science and Technology Prakash Koirala has said Nepal has made commitment for reducing the elements that destroy the ozone layer by 2010 as Nepal is a party to the Protocol on Protection of Ozone Layer. In a message given on the occasion of the International Ozone Day …

Andhra Pradesh tops in projects underway

: Andhra Pradesh has the highest number of Central projects under implementation at 68 out of a total of 674 projects. As per the status report on Central sector project implementation by the ministry of statistics and programme implementation, Uttar Pradesh follows next with 52 infrastructural projects costing between Rs …

EU split on reimposition of US sanctions in 06

The EU is sticking with its plan to lift sanctions on $4 billion worth of U.S. goods on Jan. 1 but is divided over whether to assert at this stage that they could be reimposed at a lower level in 2006, diplomats said. A report said that the 25-nation European …

Innovative steps can convert poverty into an opportunity

Management guru CK Prahalad has called for innovative approaches to "convert the poverty into an opportunity for all concerned,' including the poor and the private companies. "What is needed, is an approach that involves partnering with the poor to innovate and achieve sustainable win-win scenarios where the poor are actively …

Need for purposeful education, not mere literacy, stressed

The need for high quality 'purposeful' education over mere literacy rates was highlighted at the inaugural session of the two-day national conference on 'Linking Learning & Livelihoods in the New Economy: Ideas, Innovations, Solutions' in Hyderabad. The conference was organised by Dr Reddy's Foundation in collaboration with QUEST programme of …

On helping the poor

Most Americans wouldn't know a Millennium Development Goal, a Monterrey Consensus, or a Doha round if all three jumped out and hit them in the head. But those phrases have life-or-death importance to more than two billion people around the world who survive on barely anything. And at the United …

Dharam Singh launches Five-point scheme program

In an Independence Day gift to the people of the State, Chief Minister N. Dharam Singh on Monday announced a five-point programme to bring about a qualitative change in the life of the people and tackle the problems of hunger, unemployment, health, education and infrastructure in primary schools.Speaking after unfurling …

Cabinet okays employment guarantee Bill

The Union Cabinet approved the introduction of the proposed National Rural Employment Guarantee Bill and the Right to Information Bill during the current session of the Parliament, the Minister for Information and Broadcasting, Mr Jaipal Reddy, told reporters. The National Rural Employment Guarantee Bill aims to enhance livelihood security to …

Creating a pro-poor growth strategy for Sri Lanka

The World Bank is issuing a new publication, the Sri Lanka Development Policy Review (DPR). This is a key report which provides an integrated view of Sri Lanka's long term development challenges for sustainable growth and poverty reduction. The report is designed as a contribution to the national debate on …

Water from proposed Thane dam is for city

The state government has decided to reserve a proposed dam in thane district to supply drinking water to Mumbai city. Water Resouces Minister Ajit Pawar told in Nagpur .' The growing population of Mumbai needs more water. As such, the government has decided to keep the Pinjal dam, exclusively for …

China goes transgenic

The area under transgenic crop plantation has increased considerably in China. The country now ranks only behind the US, Argentina, Canada and Brazil in this respect, the official Chinese news agency Xinhua reported on November 2, 2004. The area under transgenic crops in China was three million hectares in 2003, …

Carbon Nanotubes act as antennas

An antenna facilitates the communication process by converting electrical current into electromagnetic waves and vice versa. The electromagnetic spectrum includes radiowaves, microwaves, heat waves, ultraviolet waves, X-rays and gamma rays. Thanks to a new research, light has become the latest addition to this list. Researchers at the US-based Boston College, …

South America unites

a community similar to the European Union will soon be created in South America. The Rio Group, a cluster of 18 South American nations, has agreed to form the "South American Community of Nations' to foster political, economic and infrastructural integration. The decision was taken by the foreign ministers of …

Nepals HDI ranking up four slots

The Human Development Report (HDR)-2005 launched here Tuesday revealed that Nepal ranked 136th out of 177 nations with a Human Development Index (HDI) value of 0.526. Nepal ranked 140th in last year's HDR. Titled International Cooperation at a Crossroads

Rs 68.82 cr sanctioned for Indore dist

The State Planning Commission recently sanctioned a find of rs 68.82 crore for Indore district for the fiscal yar of 2006-07.

Childhood under threat in India, China: UNICEF

A booming Sensex, increasing foreign investments and a rapidly growing economy do not necessarily translate into a better deal for the children of a country.This is particularly so for China and India, according to UNICEF's 2005 report on the state of the world children, titled "Childhood under Threat.'The report points …

Meet on Millennium Development Goals begins today

The Chiba, Japan-based United Nations Statistical Institute for Asia and the Pacific (UNSIAP) is organising a three-day inception seminar on the UN Millennium Development Goals (MDG. The Union Ministry of Statistics and Programme Implementation and the Department of Economics and Statistics, Kerala, will be co-sponsors for the programme, said Mr …

Developed countries poor also suffer in name of globalisation

Can the opening up of the economy and globalisation of trade lift millions out of poverty? To find an answer, one has to analyse the situation in rich countries which practice and propagate this theory and are bent on thrusting their prevailing systems on the Third World. Unfair trade practices …

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