developing countries

Brazil’s economy growing again, says finance chief


September 20th, 2012 - 11:47 am ICT by IANS
Paris, Sep 20 (IANS/EFE) The Brazilian economy is accelerating after a slow first half of 2012 and will remain on a growth trajectory, the country's finance minister said Wednesday in ... Read more...

Posted in Business |

Low-cost pain killer can wipe out resistant TB, say researchers


September 13th, 2012 - 5:02 pm ICT by IANS
Washington, Sep 13 (IANS) A low-cost drug, which is widely used as a pain killer in developing countries, can kill drug-resistant tuberculosis (TB) -- a feat few currently approved TB ... Read more...

Posted in Health |

Israel among top arms exporters in world: Report


August 29th, 2012 - 12:25 am ICT by IANS
Jerusalem, Aug 28 (IANS) Israel is one of the top exporters of weapons, with sales worth $12.9 billion between 2004 and 2011, according to a newly-released American report examining ... Read more...

Posted in World |

Kalam supports FDI in retail


August 27th, 2012 - 12:29 am ICT by IANS
Kolkata, Aug 26 (IANS) Pitching for foreign direct investment (FDI) in retail, former president A.P.J. Abdul Kalam Sunday said the country should build capacity for aggressively marketing its products at ... Read more...

Posted in Business |

China world’s largest beer consumer


August 9th, 2012 - 8:09 pm ICT by IANS
London, Aug 9 (IANS) The quantity of beer consumed around the globe in 2011 increased for the 27th consecutive year, with China making up 25 percent of the sales.A report ... Read more...

Posted in Life Style |

Most Indians pessimistic about job market


July 31st, 2012 - 11:34 am ICT by IANS
Washington, July 31 (IANS) Most of the world, including India, was pessimistic about the job market last year with 57 percent of adults saying it was a bad time to ... Read more...

Posted in Business |

Diabetics face four times greater TB risk


July 10th, 2012 - 12:33 pm ICT by IANS
Copenhagen, July 10 (IANS) A third of the world's population, living in developing countries, carry a dormant tuberculosis (TB) bug, which remains a lifelong risk. But the risk of TB ... Read more...

Posted in Health |

Global FDI rises 16 percent: UN report


July 6th, 2012 - 8:12 am ICT by IANS
Vienna, July 6 (IANS) Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to $1.536 trillion in 2011, a UN report said.According to "World Investment ... Read more...

Posted in Business |

Poonawalla group acquires Dutch global vaccine company


July 5th, 2012 - 5:31 am ICT by IANS
Pune, July 4 (IANS) Serum Institute of India, the flagship company of the over $1 billion Poonawalla Group vaccine company, Wednesday announced the acquisition of Bilthoven Biologicals of the Netherlands, ... Read more...

Posted in Health |

World Bank allocates $52.6 bn of assistance in 2012


June 30th, 2012 - 4:14 pm ICT by IANS
Jakarta, June 30 (IANS) The World bank (WB) has allocated $52.6 billion of assistance fund for developing countries in the fiscal year of 2012, a statement released by it said ... Read more...

Posted in Business |

IFC invests $2.7 million in ATM maker Vortex Engineering


June 25th, 2012 - 8:50 pm ICT by IANS
Chennai, June 25 (IANS) The International Finance Corporation (IFC), a member of the World Bank Group, Monday announced it is investing $2.7 million as equity in the city-based low-cost ATM ... Read more...

Posted in Business |

Why women need reading glasses so early?


June 25th, 2012 - 5:39 pm ICT by IANS
London, June 25 (IANS) Women end up requiring reading glasses early on because they hold books and other reading material closer to their eyes than men, says a new study. ... Read more...

Posted in Health |

Russia to cut greenhouse gas emissions by 25 percent


June 22nd, 2012 - 5:19 am ICT by IANS
Rio de Janeiro, June 22 (IANS/RIA Novosti) Prime Minister Dmitry Medvedev has said Russia will reduce greenhouse gas emissions by 25 percent by 2020 in comparison to 1990."I confirm that ... Read more...

Posted in Uncategorized |

China urges joint effort for sustainable development


June 21st, 2012 - 10:23 am ICT by IANS
Rio de Janeiro, June 21 (IANS) Chinese Premier Wen Jiabao Wednesday urged the global community to make joint efforts to promote sustainable development."To jointly promote sustainable development, we should take ... Read more...

Posted in Environment |

IGNOU online course on sustainable science


June 19th, 2012 - 3:20 pm ICT by IANS
New Delhi, June 19 (IANS) The Indira Gandhi National Open University (IGNOU) has started its admission process for an online diploma course in sustainable science, an official said Tuesday.The last ... Read more...

Posted in Uncategorized |

China to maintain 8 percent growth for over 20 years


June 19th, 2012 - 10:35 am ICT by IANS
Beijing, June 19 (IANS) China still enjoys a huge development potential and will maintain an eight percent growth rate for at least next 20 years, according to Justin Yifu Lin, ... Read more...

Posted in Uncategorized |

India seeks its rightful role on world stage: Envoy


May 19th, 2012 - 10:39 am ICT by IANS
Dallas, Texas, May 19 (IANS) Noting that India is acting as a responsible stakeholder in the international system, New Delhi's UN envoy has a made a strong case for a ... Read more...

Posted in Uncategorized |

‘2.7 bn consumers in developing countries dairy industry’s next big opportunity’


May 7th, 2012 - 7:38 pm ICT by IANS
New Delhi, May 7 (IANS) With 50 percent of them living in India and China, 2.7 billion low-income consumers in developing countries are the dairy industry's next big growth opportunity ... Read more...

Posted in Business |

Wind turbine produces water out of thin air


May 1st, 2012 - 5:51 pm ICT by IANS
London, May 1 (IANS) Imagine wind turbines that conjure drinking water out of thin air and how they could help developing countries overcome their water scarcity. French engineering firm Eole ... Read more...

Posted in World |

Remittances to India rose to $64 billion in 2011: World Bank


April 27th, 2012 - 8:42 pm ICT by IANS
New Delhi, April 27 (IANS) India remains the top recipient of money from diaspora as total remittance flow to the country is estimated to reach $64 billion in 2011, almost ... Read more...

Posted in Uncategorized |

ADB aid to developing countries tops $21.7 bn in 2011


April 26th, 2012 - 2:10 pm ICT by IANS
Manila, April 26 (IANS) The Asian Development Bank (ADB) approved $21.72 billion in financing operations to Asian developing countries in 2011, a 14.5 percent year-on-year increase, according to its 2011 ... Read more...

Posted in Business |

India concerned about oil price volatility: Mukherjee


April 22nd, 2012 - 8:49 pm ICT by IANS
Washington, April 22 (IANS) India is concerned about the volatility in the prices of oil, gas and other commodities as they were not aligned to economic fundamentals, Finance Minister ... Read more...

Posted in Business |

World Bank wants effective social safety nets


April 19th, 2012 - 2:09 pm ICT by IANS
Washington, April 19 (IANS) Three out of five people in developing countries lack effective social safety net coverage as they struggle to forge ahead through global financial volatility and food ... Read more...

Posted in Business |

Market-based growth is new World Bank chief’s focus


April 17th, 2012 - 12:26 pm ICT by IANS
London, April 17 (IANS) Market-based growth is a priority for every country, World Bank's new president Jim Yong Kim has said.Kim told BBC that capitalist "market-based growth is a ... Read more...

Posted in World |

Jim Yong Kim is new World Bank president


April 17th, 2012 - 12:29 am ICT by IANS
Washington, April 16 (IANS) The World Bank announced Monday that Jim Yong Kim, the US candidate, has been selected as the bank's new president.Kim was favoured over Nigerian Finance Minister ... Read more...

Posted in World |

Russia looks for commercial space projects


April 13th, 2012 - 10:10 am ICT by IANS
Moscow, April 12 (IANS/RIA Novosti) Russia needs to invigorate its efforts to implement commercial space projects jointly with the European Space Agency and individual space powers, Prime Minister Vladimir Putin ... Read more...

Posted in Sci-Tech |

Carbon tax on aviation sector not deal breaker: EU


April 12th, 2012 - 12:32 am ICT by IANS
Brussels, April 11 (IANS) The European Union has denied charges made by Indian Environment Minister Jayanthi Natrajan that a EU law that charges airlines for carbon emissions is a "deal-breaker" ... Read more...

Posted in Environment |

China should show kindness to neighbours: Daily


April 10th, 2012 - 4:38 pm ICT by IANS
Beijing, April 10 (IANS) Arguing that China's economic rise is good for the world, a Chinese commentary said Tuesday that Beijing must "show more kindness" to neighbouring countries worried about ... Read more...

Posted in World |

Portman named Free The Children ambassador


April 5th, 2012 - 7:35 am ICT by IANS
Los Angles, April 5 (IANS) Actress Natalie Portman has been roped in as the ambassador for Free the Children, a charity that helps youngsters in developing countries.Portman says she is ... Read more...

Posted in Entertainment |

BRICS voices concern over slow pace of IMF reforms


March 29th, 2012 - 9:23 pm ICT by IANS
New Delhi, March 29 (IANS) The BRICS group of five emerging economies Thursday voiced concern over the slow pace of governance and quota reforms in the International Monetary Fund ... Read more...

Posted in World |

Three candidates vie for World Bank presidency


March 24th, 2012 - 1:01 pm ICT by IANS
Washington, March 24 (IANS) The World Bank announced Friday that Jim Yong Kim from the US, together with Nigeria's Ngozi Okonjo-Iweala and Colombia's Jose Antonio Ocampo are three candidates for ... Read more...

Posted in World |

Will continue to support Europe in crisis: China


March 21st, 2012 - 1:36 am ICT by IANS
Beijing, March 20 (IANS) China will be part of the global community's efforts to provide help to deal with European debt crisis, a senior Foreign Ministry official said Tuesday.Assistant Foreign ... Read more...

Posted in World |

Waste water can generate electricity


March 4th, 2012 - 4:30 pm ICT by IANS
London, March 4 (IANS) American scientists have built a device that can generate electricity from waste water.BBC said the team from Pennsylvania State University said the technology would simultaneously also ... Read more...

Posted in World |

UN: European financial crisis slowing down global manufacturing


March 3rd, 2012 - 3:00 am ICT by BNO News
NEW YORK (BNO NEWS) -- The economic crisis in Europe could be slowing down global manufacturing output, according to a United Nations (UN) report released on Friday.The report by the UN Industrial ... Read more...

Posted in Business |

China to see waning steel demand


March 2nd, 2012 - 2:48 pm ICT by IANS
Beijing, March 2 (IANS) China's steel demand will continue to subside this year due to a possible domestic slowdown and faltering global economic recovery.China's crude steel consumption may hit 690 ... Read more...

Posted in Business |

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