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International Finance Corporation (IFC) Issues the first Tranche of  US $ 161 Million Under its US $1 Billion Global Rupee Bond Program Government in consultation with RBI and SEBI has been making concerted efforts to strengthen India’s capital market and open-up the economy in a  calibrated and careful manner to attract greater foreign capital flows and  investment keeping in view the evolving macroeconomic scenario and  financing needs of the economy. Recently International Finance Corporation ( IFC) launched a $1 billion offshore bond program—the largest of its kind in the offshore rupee market—to strengthen India’s capital markets.  Under the program, IFC will issue rupee-linked bonds and use  the proceeds to finance private sector investment in the country.  It may be noted that the exchange rate risk on the bond is borne by the investor.     On November 19, 2013 IFC issued the first tranche...

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India’s Advanced Weather Satellite INSAT-3d Successfully Launched India’s Weather Satellite INSAT-3D, carrying advanced weather monitoring payloads, was today launched successfully by Ariane-5 (VA214) launch vehicle from  Kourou , French Guiana. According to a Press Release issued by the Indian Space Research   Organisation   (ISRO) ,after a smooth countdown lasting 11 hours and 30 minutes, the Ariane-5  launchvehicle  lifted off right on schedule at the opening of the launch  windowat  01:24 hours IST today.  After a flight of 32 minutes and 48 seconds ,INSAT -3D was placed in an elliptical Geosynchronous Transfer Orbit (GTO),very close to the intended one. The orbital parameters of INSAT-3D, as recorded, are : Parameter                                        ...

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"When we devote attention and resources to the education, health and wellbeing of adolescent girls, they will become an even greater force for positive change in society that will have an impact for generations to come. On this World Population Day, let us pledge to support adolescent girls to realize their potential and contribute to our shared future." Secretary-General Ban Ki-moon Message for World Population Day 11 July 2013 Preventing early pregnancy and poor reproductive outcomes among adolescents in developing countries. WHO Photo 2013 Theme: Focus is on Adolescent Pregnancy As the world population edged to 7 billion people in 2011 (up from 2.5 billion in 1950), it has had profound implications for development. A world of 7 billion is both a challenge and an opportunity with implications on sustainability, urbanization, access to health services and youth empowerment. In 1989, in its decision 89/46, the Governing Council of the United Nations Develo...

3 discovered Blocks offered to India; Iraq to consider investment in IOC’s Paradip Refinery India and Iraq to sign a number of MoUs for cooperation in various sectors Gas sale & purchase agreement signed between Turkmenistan and Afghanistan to complete commitment of four countries for  TAPI gas pipeline project Steering Committee for TAPI pipeline project decides to form TAPI Ltd in time bound manner; committed to complete the project by 2017 PIB

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