Rising powers: New bank can help developing world

NEW DELHI (AP) -- Developing nations again seem unlikely to propel one of their own citizens to the World Bank presidency. It may not matter. A group of rising powers is mulling its own alternative to Western-dominated lending institutions....

Over 100 companies are participating in the three day visit, including more than 30 SMEs, along with Ministers Lord Green, David Willetts, Hugo Swire and Greg Barker. They will meet with a number of Indian Government Ministers, inward investors and businesses in both Mumbai and Delhi, as the Government seeks to link British businesses up to one of the world’s fastest growing economies, predicted to become the third largest by 2050.

NEW DELHI (AP) — India's finance minister Thursday unveiled a national budget with a promise to put Asia's third largest economy back on a path of high growth and to trim the fiscal deficit.

Once a concession agreement or any large-scale public procurement contract is signed, who can ensure that the terms are met? How to turn commitments into development on the ground? This is the puzzle that a mix of around 70 government, business and civil society leaders from West Africa began to solve this past week.