IMF Asks for Financial Reform
Visiting International Monetary Fund (IMF) Managing Director Rodrigo de Rato said that “There is a need to make the financial system more efficient” and the “structural reforms” is required for India “more capable of benefiting from world economy.”<More>

Fiscal, Revenue Deficit Up Dangerously
The Controller General of Accounts (CAG) revealed that India ’s revenue and fiscal deficit within the 1st four months amounted to 92.3% and 58.1% of the budget estimate for the entire fiscal raising questions on the nation’s ability to meet deficit targets.<More>

Special Education through Satellite
The Rehabilitation Council of India (RCI) and the National Institute of Open Schooling (NIOS) have signed separate agreements with the Indian Space Research Organization (ISRO) to set-up boost distance education oriented at the disabled, parents, and trainers.<More>

Study Says Human Gut Hosts HIV
A new study by researchers from the University of California revealed that the human gut hosts twice the amount of HIV virus as a person’s blood stream confirming medical suspicion that current anti-retroviral therapy alone is insufficient to cure an individual.<More>

Pak-Taliban Peace Pact
Pakistan announced that it had arranged a peace pact with the Taliban is seen by many as an admission by the Pakistan Army of its inability to control the region by brute force methods it employs against opponents and having lost hundreds of soldiers.<More>

Syria Promises Embargo on Hezbollah
UN Secretary-General Kofi Annan said that Syria has promised to adhere to the UNSC Resolution 1701 demanding an arms embargo on the Hezbollah but objected “to the presence of foreign forces along the Syrian-Lebanese border.”<More>