Friday, 29 August 2014
Last updated 11 hours ago
Dec 4 2009 | 9:26am ET
The World Bank will loan India $1 billion over the next five to seven years to clean up the Ganges, one of the world’s most polluted rivers.
The bank will also help India access $4 billion to end the dumping of untreated waste into the holy river, according to a joint statement issued by Indian Environment Minister Jairam Ramesh and World Bank President Rober Zoellick in Delhi.
The Ganges runs 2,510 kilometers from a glacier in the western Himalayas to Bangladesh’s Bay of Bengal.
Sewage, industrial waste and even corpses from riverbank cremations enter the river as it runs through some of India’s most populous states.
The Indian government has planned to end discharge of untreated waste into the Ganges by 2020.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...