China takes control of its foreign exchange surplus and leverages it in Asia’s infrastructure development, an area long abandoned by governments and banks, redrawing the Bretton Woods-derived world financial architecture in the process.
The immediate outcome of the January election has been a fillip to freedom of expression in the media, but behind the euphoria of the moment trails a three-decade-long record of a press under siege.
If Budget 2015 is any indication, the Modi government is going beyond what could be called benign neglect of agriculture to policy moves that are likely to harm its viability.
In a situation that is still fluid, what Greece needs is a fallback option that will allow it to negotiate from a position of strength knowing that it has other schemes worked out for life beyond the euro.
The peculiar situation of North Cyprus today suggests that cosmopolitanism, which has defined its history, could also be its deliverance.
Githa Hariharan’s “Almost Home" shows how the word “home” represents a shifting, semantically uncertain and politically ill-defined concept and how under its placid surface lie the turbulent tales of lost and broken homes, homes fervently sought and seldom won, destined to inhabit sighs and tears.
The first round of the coal blocks auction points to the fact that coal extraction is an extremely lucrative activity that the government could have benefited from by expanding public sector coal production and garnering the profits.
The worsening atmospheric pollution in India threatens the basic health of people, but almost nothing is being done in terms of effective public policy to address this serious problem.