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Heavily Indebted Poor Countries Initiative

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Karzai's Afghan dreams take wings

The security of all provinces will be under Afghan leadership within five years. This was the pledge made in London on Thursday at a conference aimed at aligning the international community with......

A dismal third anniversary for UPA-2

At the end of UPA-2's three years in power, India has become a more unbalanced, strife-torn and unhappy society, with reduced human security and tattered social cohesion. Rather than correct policy......

India to write off poor nations' debt

India on Thursday decided to write-off dues worth Rs 95.44 crore (Rs 954 million) of seven heavily indebted poor countries.The countries include Mozambique, Tanzania, Zambia, Guyana, Nicaragua,......

Stop protectionism, India tells 1st World

India has asked rich nations to end protectionism, which costs developing countries $ 700 billion a year in export income, if the world is to meet the Millennium Development Goals (MDGs) aimed at......

New fund likely to hold foreign aid

The Centre is likely to ask all bilateral donors except Japan to pool their aid into an India Fund.The plan comes on the back of an assessment of the size of aid the country receives. An office......

Trade more important than war: World Bank

The outcome of the Doha trade round is more important to poor countries' economies than the US-led war with Iraq, World Bank President James Wolfensohn said on Monday.He also warned that some of......

Yen exchange rate and hedge funds

In an earlier article, I had referred to the large bets of hedge funds in the "carry trade", estimated at around $100 billion. The last few weeks seem to have witnessed hedge funds unwinding carry......

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World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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