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.
'B Raman knew that Yakub Memon should not be given the capital punishment but at the same time he harboured too much anger against Dawood Ibrahim and 'Tiger' Memon, and wanted to see that they do not stand to gain in the legal process in any manner whatsoever.'
