'Be responsible, don't use a condom tonight' goes an advertising campaign that is an insult to the intelligence of a community that is by no means ignorant or illiterate, argues Sherna Gandhy.
'The difference between black money in India and the black money out of India is, in India, it is tax evaded money and Indian money outside India is not only tax evaded money, but money which has been taken out of India's capital resources needed for India. So it is not only tax evasion, but treason too.'
'Both nations have a common problem: A rampaging, jingoistic and hostile China which is making substantial territorial claims. In the long run, Japan and India are going to be the victims of Chinese aggression -- so they might as well hang together to contain China,' argues Rajeev Srinivasan.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
Besides a great idea, it takes pluck, and some luck, to get going.
The entire selection process of the IOC chairman was shrouded in mediocrity and mystery.
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
The full text of the speech delivered by VVS Laxman at the Pataudi Memorial Lecture in Kolkata.
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