'The obsession of the Pakistan army with India leads to several destabilising things. Support for the Taliban in Afghanistan. Support for groups like the Lashkar-e-Tayiba, that have attacked India. Every time you get an attack like that there is a possibility of a war. And then the build up of the their nuclear arsenals. Chances of a nuclear weapon landing in the hands of a terrorist group, or a nuclear war breaking out, are tiny. But they are higher here than anywhere else in the world.'
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
A summary of sports events and sports persons, who made news on Tuesday
The full transcript of the exclusive interview with Prime Minister Narendra Modi.
Chief Economic Advisor Arvind Subramanian's interview.
'The intrusion in Chumar, during and beyond the Chinese president's visit, is unprecedented and has qualitatively changed the tone of the India-China relationship,' says Jayadeva Ranade, a member of the National Security Advisory Board.
The families of the Muslim youth from Hashimpura who were shot dead 28 years ago had some committed supporters in their long struggle for justice.
'It is for the first time the voices of the most deferred, the most neglected, the most ignored, the most abused, the most vulnerable - the children-- has been heard. It is a great moment.' 'I always wanted Pakistan and India to have good relationships because I believe that this is very important for the development of both the countries.' 'If children are taught hatred, if they are taught about sectarianism and prejudice, then we can see that there will be terrorism in society." Nobel Peace Prize winners Kailash Satyarthi and Pakistan's Malala Yousafzai were given an ovation after they delivered their rousing speeches in front of a packed audience at a glittering ceremony in Oslo on Wednesday. A day later, they sit down for an interview with CNN's Christiane Amanpour and share their dreams, their hopes for the future. Read excerpts from the interview.
