The World Bank has hired outside auditors to investigate expenditures from its annual $25 billion fund for development projects after an internal examaination uncovered "alarming information" about

AT a time when developing nations are getting lured into global economy issues, that translate into increased consumerism promoted by the developed world, the 1998 annual state of the earth

After prolonged wrangling over dates, the seven members of the South Asian Association for Regional Cooperation have finally agreed to hold their 10th summit in Colombo from July 29, official sources

The government can stave off the adverse impact of sanctions on the Indian economy to a large extent by changing the financing pattern of projects awaiting aid from multilateral agencies.

Even as the US successfully lobbied with other members in G-8 to stall new assistance to India from the World Bank, the Andhra Pradesh government seems to be going ahead with its plans for getting

The Union government asks the Supreme Court to lift the interim ban on tree felling amid growing pressure from the northeastern states

The Malaysian government would help its neighbours to fight the haze blanketing part of the Southeast Asian region to ensure non-disruption of the Commonwealth Games. Prime minister Mahathir

Montek : The decision of the G-8 countries to block all future non-humanitarian loans to India, will not affect the inflow of funds during the current financial year as these have already been

India has expressed concern over new trade barriers being imposed by developed countries and said it would raise the issue in the World Trade Organisation (WTO). Commerce minister Ramakrishna Hegde

In what is likely to be seen as one of its most politically and socially significant decisions, Punjab's ruling Shiromani Akali Dal-Bharatoya Janata Party coalition is set to completely revamp and

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