Many experts, including Nobel laureate Joseph Stiglitz, also suggested that industrial groups should not be allowed to do banking business.
The Nobel laureate's statement comes after the Indian government on Monday revoked Article 370 of the Constitution that gave special status to Jammu and Kashmir and bifurcated the state into two Union Territories -- Jammu and Kashmir, and Ladakh.
A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model.
Madiba has been played both by the veteran American actor as well as the exciting British actor of Ghanaian-Nigerian descent.
Shiv Sena deprecated Bharatiaya Janata Party Member of Parliament Chandan Mitra's demand for stripping Nobel laureate Amartya Sen of Bharat Ratna over his comments on Gujarat Chief Minister Narendra Modi but advised the seasoned economist "not to poke his nose" into politics.
Indian-origin British author Sunjeev Sahota is among the 13 authors longlisted for the prestigious 2021 Booker Prize for fiction for his novel China Room, alongside Nobel laureate Kazuo Ishiguro and Pulitzer Prize winner Richard Powers.
A family home in the leafy Hampstead neighbourhood of north London where Nobel laureate Rabindranath Tagore lived during a visit in 1912 is on the market, reviving some talk of its acquisition on behalf of the Indian government.
Make in India cannot be successful on the toil, miseries and abuses of young children in the manufacturing sector, the Nobel laureate wrote in a letter to PM
The Aam Aadmi Party's decision to disallow foreign direct investment (FDI) in Delhi's retail sector has a taker of sorts in economics Nobel laureate Joseph Stiglitz.
The economist said it was wrong to portray India's governmental experience as a complete failure.
'When restaurants are open, pubs are open and people are moving around, a second wave will happen because you are giving a chance for the virus to spread.'
Indian author Jeet Thayil's debut novel 'Narcopolis' is among five other works shortlisted on Wednesday for the $30,000 Man Asian Literary Prize.
Avinash Dixit, John J F Sherrerd '52 University Professor of Economics, Princeton University, is a pioneer of the game theory and a major influence on Nobel laureate Paul Krugman's acclaimed work on international trade. Dixit, who spoke at the Delhi Economics Conclave on December 14, in an interview with Business Standard, talks about importance of collective action and social ostracism in fighting corruption.
James Rothman, Randy Schekman and Thomas Suedhof won the 2013 Nobel Medicine Prize 2013 on Monday for solving the mystery of how the cell organises its transport system. The winners will share equally the prize sum of eight million Swedish kronor (USD 1.25 million), reduced because of the economic crisis last year from the 10 million kronor awarded since 2001.
Let us contain this raging fire, this tsunami of hate, appeals Sonia Gandhi.
Karnad's invective is not a fact based logical rebuttal of Naipaul's ideological variance. It lacks the grace or elements of an intellectual discourse, says Vivek Gumaste.
Nobel Laureate and eminent Indian-American economist Amartya Sen will receive an honorary degree from the prestigious Johns Hopkins University.
Investor confidence, in general, in the world is weak and that has spilled over in India.
Bharatiya Janata Party Rajya Sabha member of Parliament Chandan Mitra has expressed his regret for having demanded that Nobel Laureate Amartya Sen be stripped of his Bharat Ratna.
Rediff.com takes a walk down the memory lane and showcases women who have won the coveted prize.
He believes that it leads to conflict of interest.
Speaking at the inauguration of his book, former Speaker and Parliamentarian Somnath Chatterjee called on youngsters to join politics and try change the system from within. Indrani Roy reports
Nobel laureate Amartya Sen on Monday sought to blame the opposition for disruption in Parliament, saying they were "bursting debates" and "killing arguments" in the House as he backed the Food Security Bill in its present form.
'We have to think about getting our priorities right. I think we should be in a position to make public understand about the real debate'
Four Indian business thinkers have been featured in Foreign Policy Magazine's Top 100 Global Thinkers list.
After his public criticism of V S Naipaul, writer-actor Girish Karnad has kicked up a fresh storm by calling Nobel laureate Rabindranath Tagore a "second-rate playwright".
The encampment of protestors started out in the square at the front of the towering St Paul's cathedral, one of London's best loved landmarks.
There is a persuasive case to be made that India's banking sector needs to be more open; but aspects of the recent decision to award more licences are, none the less, disquieting.
The growth target of 9 per cent is, in fact, not sustainable in the long run, Stiglitz said during a public lecture on 'Globalisation, Development and Inequality' organised by the Azim Premji University and Institute for New Economic Thinking in Bengaluru.
IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.
Tibetan spiritual leader the Dalai Lama on Friday held a special prayer at Chief Minister Nitish Kumar's official residence here for world peace and praised the state government for taking interest in Buddhism.
Aung San Suu Kyi has had no qualms over taking decisions and advocating policies on the basis of her perceptions of Myanmar's national interests and the interests of herself. Why then should India have a guilt complex for having allowed realpolitik considerations to influence our priorities and decisions, argues B Raman
For two years beginning 1961, the Congress party's headquarters in New Delhi played host to Aung San Suu Kyi, Nobel laureate and leader of the non-violent movement for human rights and democracy in Myanmar (the erstwhile Burma), who is currently on a visit to India. Suu Kyi was barely 15 when she arrived at 24 Akbar Road with her mother, recounts Rasheed Kidwai
In an exclusive interview to CNN-IBN's Deputy Editor Sagarika Ghose, acclaimed playwright Girish Karnad defended his recent public attack on Nobel Laureate V S Naipaul at the Mumbai Literature Festival.
V S Naipaul has come in for stinging criticism from noted playwright Girish Karnad for his views on Muslims in India, with the latter saying the Nobel laureate has no idea of the community's contribution to the country's history.
British writer and iconoclastic Christopher Hitchens who courted controversy by branding late Nobel laureate Mother Teresa "a fanatic and fraud" has died after a battle against cancer.
In a wide-ranging interview with Business Standard, the professor with Columbia University says economic power is already shifting to emerging market economies.
He felt particularly upset with the Left parties protesting on issues such as cooking gas and electricity prices and 'aam admi' pursuits rather than the broader picture.
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