Rising population and dwindling water supplies will affect millions of people and exacerbate conflict in the region

Nearly half of 33 countries expected to face extremely high water stress by 2040 are in the Middle East, where surface water is limited and demand is high, said experts who ranked 167 nations.

China is the biggest contributor to global energy subsidies that the International Monetary Fund estimates at $5.3 trillion, equivalent to 6.5 percent of the world’s gross domestic product.

Feasibility studies for the multi-billion-dollar conducted

Iran is focusing on exporting natural gas to India along a deep-sea route — the move coinciding with the cancellation of a loan to Islamabad to build the Pakistani section of the Iran-Pakistan gas pipeline and the signing of the Geneva nuclear accord that could help relax sanctions against Tehran.

ISLAMABAD - Qatari and Chinese companies will jointly install four coal-based power plants at Gaddani (Balochistan) and Port Qasim, which will generate a total of 2,600MW power in Pakistan.

The disease, like SARS which had its origin in south-east Asia some years ago, has already claimed close to 90 lives.

Domestic gas prices may be fixed at $2 lower than the $8.8-per-unit price discovered by the Rangarajan commitee constituted to suggest changes in the production-sharing contract and future domestic gas-pricing mechanism.

Sources said the oil ministry agreed to the basic principle of gas pricing suggested by the panel, but wants it to be modified slighty to also take into account gas prices in countries such as Malaysia, Saudi Arabia, Qatar and Nigeria that account for a major portion of India's liquified natural gas imports.

Oil-rich Gulf countries have announced some of the world’s most ambitious renewable energy plans but analysts say the next year marks a big test to show whether these pledges will turn into contrac

A major 7.8 magnitude earthquake struck Iran near the border with Pakistan on Tuesday and tremors were felt in India and Gulf states.

The US. Geological Survey said the quake hit at 10:44 GMTat a depth of 15.2 km (9.4 miles). The epicenter was in southeast Iran in an area of mountains and desert. It was located 201 km (125 miles) southeast of the Iranian city of Zahedan and 250 km northwest of Turbat in Pakistan, USGS said.
Tall buildings shook in India’s capital New Delhi, sending people running into the streets, witnesses said. People also evacuated shaking buildings in Qatar and Dubai, residents said.

14th Among 100 Countries: Survey

Mumbai: India enjoys a high rating when it comes to budget transparency practices. It ranks 14th among the 100 countries that were surveyed. Its open budget index score of 68 out of 100 is much higher than the average score of 43 for all countries covered in the Global Open Budget Survey 2012.

The results of the survey were released on Wednesday by The International Budget Partnership (IBP). According to IBP, India’s current score indicates that the government provides significant information on its budget and financial activities during the year, enabling Indian citizens to hold the government accountable for management of public money.