Wal-Mart ready to loan $50 million to Bangladesh factories
- Rs 870 crore money trail: Why the Bhujbals are under scanner
- SC allows 'Make in India' event at Mumbai beach, PM to inaugurate
- Pawar defends Bhujbals, says Fadnavis govt indulging in vendetta politics
- Anupam Kher a great artiste, welcome to visit Pakistan: Abdul Basit
- Indian helicopters helped war against militants in Afghanistan: US General
Wal-Mart Stores said it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements.
The money is part of the more than $100 million in loans and access to capital that a group of North American companies including Wal-Mart and Gap pledged in July.
A massive push for improved factory conditions in Bangladesh comes after 1,129 workers were killed in the collapse of a garment plant in April and another 112 people perished in a factory fire there in November.
- The economy is best served by lowering interest rates and blocking protectionism
- As it completes 10 years, there is enough evidence to show that India needs the MGNREGA
- For Randhir Singh, teaching was next to revolution-making.
- Intizar Husain seemed as much a stranger in a strange land in Pakistan as he did in India
- Ten years on, MGNREGA requires constant review. And consistency in political support
- The global economy is in trouble but India is attracting positive comment