Postponing the Rio Olympics due to fears that the event could speed the spread of the Zika virus would give a "false" sense of security because travelers are constantly going in and out of Brazil, the chair of the WHO's Emergency Committee said. Extensive travel in a globalised world is the issue, not the Games that start on August 5, said David Heymann, chair of the Health Protection Agency in Britain who also leads the World Health Organization's panel of independent experts on Zika. "The problem is not the Olympics, the problem is other travel besides the Olympics, if there is a problem," Heymann told Reuters in a telephone interview from London on Monday. "People go in and out of Brazil all the time for holiday, for business, for whatever. And the Olympics is much less travel, it would be one-time travel. It's actually in the winter months when hopefully transmission (of the virus) is less."
India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled ' World Inequality Report 2022', has been authored by Lucas Chancel, co-director of the World Inequality Lab, and coordinated by several experts, including French economist Thomas Piketty. It further said India is now among the most unequal countries in the world.
Jagan Shah, architect and historian, picks on 20 mid-career architects and calls them the new moderns. He believes these architects define the contemporary Indian style of building. But contemporary is not an architectural style that merely tacks on Indian motifs or symbols to the structure, or mimics vernacular architecture. Shah picks on multidisciplinary insights and a widening of agendas to include concerns about climate ecology and gender, going beyond national identity.
The management of human resources has a strong link with the financial performance of a multinational company. Indian multinationals are showing how to foster it.
The Indian software industry is one of the most high profile and widely tracked industries of the economy. And not without reason.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
The International Institute of Finance, which has representatives from 360 major banks and financial institutions of 60 countries, has suggested the expansion of the G-7 to G-11 to include India, China, Russia and Brazil.
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
Chief Justice of India D Y Chandrachud on Friday said truth has become a "victim" in the age of false news and with the spread of social media, something which is said as a seed germinates into virtually a whole theory that can never be tested on the anvil of rational science.
Annual direct investment by developing countries into other rising economies has grown faster than that by developed countries in the past 15 years, the UN Conference on Trade and Development has reported.
The minister said this underlying resentment and pain of those countries regarding the global economy was building up for the last 15-20 years and the COVID-19 pandemic and the Ukraine conflict resulted in prices of energy and food items going up.
The external affairs minister also recalled how Pandit Nehru was hesitant in taking assistance from the United States following the 1962 war with China as he was unsure how it would be seen.
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
Global funds, according to Christopher Wood, global head of equity strategy at Jefferies, are now beginning to pay more attention to India with the market now offering 30 companies with a market capitalisation over $25 billion.
This next phase of globalisation needs to deliver economic growth so that it is equitable: Nadella.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
Jaishankar said the world has experienced its consequences in terms of higher costs and shortages of foodgrains and fertilizers and fuel.
'In Bangladesh, I have played so many dynamic characters, be it a freedom fighter, a circus trapeze artist, sex worker, and many more.'
'An isolationist US and a disintegrating European Union will create a power vacuum that only China is in a position to fill -- a conclusion that is uncomfortable but unavoidable,' says Nitin Desai.
Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.
'Don't be scared of the people who are trying to make a fool of you, those people who trying to pull you down...it is their insecurities that make them behave the way they do.'
"It finally takes two hands to clap and China too must have the belief in a workable relationship," he said when asked whether the two Asian giants can have a working relationship.
'Trump's anti-trade, anti-immigrant rhetoric reminds me of Chinese history,' says A V Rajawade.
Presiding over the third Atal Bihari Vajpayee memorial lecture that was delivered by former Singaporean diplomat Bilahari Kausikan in New Delhi, Jaishankar also hailed Vajpayee's stint as an external affairs minister, and his role in strengthening India's ties with the United States and Russia.
He also said that it was wrong to suggest that India stopped foreign made vaccines like that made by Moderna and Pfizer from coming to India.
'A very large part of this would have come from opium.'
Reserve Bank will have to constantly re-assess the "dynamic and fast changing situation" and tailor its actions accordingly, Governor Shaktikanta Das said during the recent meeting of the Monetary Policy Committee (MPC) which decided to maintain status quo on key interest rate. According to the minutes of the six-member MPC meet released by Reserve Bank of India (RBI) on Friday, the five other members had also expressed a similar opinion amid the ongoing Russia-Ukraine conflict's impact on the global and domestic economies. MPC, which held its meeting from April 6-8, unanimously decided to keep the borrowing costs unchanged at a record low for the 11th time in a row in a bid to continue supporting economic growth despite inflation edging higher in the aftermath of Russia-Ukraine conflict.
India skipped the Belt and Road Forum in May this year due to its sovereignty concerns.
Donald Trump denied it. Hillary Clinton avoided saying it. But the Climate Change crisis is frighteningly real, says Sunita Narain.
The 92-year-old hedge fund tycoon, who has been associated with supporting liberal causes, on Thursday sent shockwaves in the Indian political scene saying Gautam Adani and Prime Minister Narendra Modi's fates are entwined, and alleged that Modi was not a "democrat."
Tendulkar's sterling performances, his fascinating duels for supremacy with contemporaries -- Brian Lara, Ricky Ponting, Inzamam-ul Haq, Jacques Kallis among batsmen; Shane Warne, Muttiah Muralitharan, Wasim Akram among bowlers -- embellished modern cricket and globalised the game, asserts Ayaz Memon who has observed the cricketing colossus from the day he made his Test debut in November 1989.
'Since the party is at a stage when things are very bad, this is the best time to experiment.'
India will need to 're-examine' and 're-negotiate' the trade access with the European Union and the United Kingdom which she noted may or may not be 'good' for India.
India's 'Look East Policy' offers a new opportunity for Andhra Pradesh to rediscover its links with the region and build a mutually beneficial interface with ASEAN.
Rankings measure how well countries manage their economic and human resources to increase their prosperity.
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