'There is a Jack Warner or two in every Caribbean parliament today.'
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
The finance ministry has put out a revised draft in public domain.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
The decision was taken during the annual 19th round of boundary talks in Beijing between National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi.
Reddy has worked to reform the economy.
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.
India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.
In bilateral interfaces relations with China have also to be given due weight, opines Premvir Das
North Korea is unlikely to strike first, but its response in retaliation, if attacked, could be massive even at the expense of its own destruction, says Rajaram Panda.
'We should build a military with the capability to fight today's war on priority -- balancing it with the requirements of the future,' says Lieutenant General Anil Chait, one of the Indian Army's most cerebral thinkers who recently retired as chief of the Integrated Defence Staff, in his agenda for the new defence minister.
India must formulate a new growth path to become a top Asian economy.
A summary of sports events and sports persons, who made news on Tuesday
Rajapaksa has blamed India, the United States and European countries for his humiliating defeat.
India and Japan are natural partners at sea, and Narendra Modi's recent visit underlined the need to keep the association going
The agreement on services, if ratified by all member countries, could prove to be a game changer for Indian professionals in education, healthcare & IT.
'It is highly doubtful that the Trump administration will consider inserting itself into the volatile India-Pakistan dispute.'
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
It is in coal consumption that India most diverges from the rest of the world
20 years ago this day, May 11, 1998, India conducted its second nuclear test at Pokharan in Rajasthan. In a fascinating interview on Rediff.com, K Subrahmanyam revealed how Indian PMs reacted to nuclear ambitions.
With its highly competitive price tag and its ability to do multiple tasks with ease the Ducati Multistrada 1200S will plaster a wide grin on your face, and that makes it a winner in our books.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
Rupee volatility could be dampened if it is steadily manoeuvered to levels consistent with inflation differentials, say Jaimini Bhagwati and Abheek Barua
Running highlights from FIFA's congress. World soccer's governing body has voted on a series of reforms and will elect a new president later on Friday (all times GMT): 13.30 The voting process is proving a long, drawn out affair. After an hour's voting, we have crawled to L for Latvia with little to get excited about apart from the brief appearance of Davor Suker, Golden Boot winner as the top scorer at the 1998 World Cup, as he cast Croatia's vote. Time then for a reminder that for a candidate to be elected in the first round, he must obtain at least 138 votes, two-thirds of the 207 votes cast. If this does not happen, a second round is held. This time, a simple majority -- 104 votes, which represents more than 50 percent of the votes -- is sufficient for a candidate to be elected. If no candidate gets that majority, the one with fewest votes will be eliminated and a new round will be held. This continues until one candidate obtains a majority. 12.45. Having begun his speech by promising to "die with my boots on", Sexwale ends it by withdrawing from the race, "I have got a surprise for you. My campaign ends today and I suspend my participation. With only four people it is your problem now." Markus Kattner, FIFA general secretary then reminds delegates of the voting procedure, reminding them not to photograph their ballot papers.
Rafael Nadal is recovering satisfactorily from appendicitis and will continue a course of antibiotics in a bid to be fit for the remainder of the 2014 season, the World No 2's spokesman said on Thursday.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
Humanitarian intervention has little meaning unless the international community is willing to engage in the aftermath, says Shyam Saran.
Companies world over have to confront unprecedented factors that can cause losses.
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.
It is time the new government, unencumbered with the burden of past, initiates a wide ranging review and open debate on the security issues to rectify our short term and long term shortcomings. It has taken some wise steps but has to go beyond this to identify the structural weakness and create systems, says Colonel (retd) Anil Athale.
'Whether it's investments in Kashmir, building naval facilities, or selling top-of-the-range military equipment, Pakistan could well benefit more under Xi's watch.' 'Do Chinese concerns about the 'Islamisation' of Pakistan give it pause about how quickly to move forward with security and economic projects? At the moment the indication is quite the opposite: China is doubling down on its support to Pakistan, partly because of its fears about where the country is headed.'
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