The Greek debt crisis shows clearly that if the eurozone is to come out of this crisis relatively unscathed, it needs a full-time fiscal-monitoring and crisis-resolution mechanism.
Any assessment of Goldman Sachs' alleged "fraud" is likely to run into two problems. First, the armada of jargon that surrounds the financial derivatives market could mean that the essence of the case is lost in translation, leaving the non-specialist bewildered as to the exact nature of the Wall Street giant's alleged perfidy.
The future looks somewhat bright for the Indian pharmaceutical industry which is wholly into generics. It expects to get a push from the new US legislation bringing into the health-care fold 32 million or 10 per cent of the country's population which is currently uninsured.
The Planning Commission has offered an objective assessment of the unsatisfactory situation as far as Indian agriculture is concerned in its mid-term appraisal of the 11th Five-Year Plan.
Indian depository receipts (IDR) are set to get going after a long gestation period of six years with Standard Chartered Bank filing a red herring prospectus to raise up to $750 million.
Roads are the lifeline of any economy.
It is true that, at 119 crore person-days, the employment created this year by the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), the government's flagship programme, is tiny, a fraction of one percentage point of the total employment in the country.
Maruti Suzuki Chairman R C Bhargava admitted the company had "slipped up" by not informing the press on the recall of 100,000 A-Star vehicles, which began last December, even as the market gave a thumbs up to the car maker with shares going up 2.38 per cent to close at Rs 1,368.65.
It would be a tragedy if unchecked global warming destroys our habitat.
Indian pharmaceutical companies, which are increasingly choosing to settle patent litigation with global drug majors in the US, would have to be more cautious now.
The news that came on the evening of the Hatoyama visit that India has become the most important destination for Japanese investment, as it has been for Japanese aid, defines the new tenor of the relationship.
As global warming makes the weather more unpredictable, the water economy of urban India will have to be planned without depending on reservoirs getting routinely filled up by rain every year.
So, if the government is looking for a healthy industry, as it must, it will be better to clear the policy on M&As so that only those who really want 3G spectrum to offer 3G services will bid for it.
While extending the National List of Essential Medicines will help patients, care has to be taken to ensure this does not lead to a slowdown of production as has happened in case of DPCO drugs.
For one, growth was not primed by government cash transfers like salary hikes and NREGA payments alone. Gross fixed capital formation (investment in lay terms) picked up sharply in this period compared to the previous quarter.
The focus of the average Indian on water and air quality, and emerging urban concern with noise pollution have quite understandably relegated concerns about climate change to the background.
In defining a new and nuanced stance on India's negotiating position at the Copenhagen Climate Summit, Prime Minister Manmohan Singh may have left some at home dissatisfied but his perspective appears to have been defined by a larger view of how India should deal with global challenges.
Mobile phone outlets outnumber bank branches 15:1.
The International Monetary Fund expects global GDP to grow by around 1.5 per cent, but global trade will shrink by perhaps 8 to 10 per cent. India's exports too have suffered the same fate.
With even kiranas now entitled to perform a few banking functions, telcos can be allowed to transfer funds - customers trust them enough to pay crores of rupees in pre-paid revenues.
