United Nations' "Race Against Poverty" Award-1998 for the Asia-Pacific region, to be given by the U.N. Secretary General Mr. Kofi Annan, has been bestowed on Fatima Bi, Sarpanch of Kalva village of

Amartya : Economics Nobel laureate Amartya Sen has said that the basic problem with India is that it has ignored education, health care and other aspects of 'social opportunity building' . At a

The International Monetary Fund's (IMF) handling of East Asian currency crisis and insentitivity to the consequence of its prescriptions on developing world's people has come in for a scathing

The floods in Bangladesh have dealt a nasty blow to one of the country's most celebrated instituions, the Grameen Bank. After years of providing credit to the very poor, it has come to symbolise the

Dented by the Congo rebellion, renewed fighting in Angola, failed privatisation plans in Zambia and slumping metal prices, mining investors are singing the blues. Long-term prospects are not so

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

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