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India opens Pandora's box over proposed new state by Mahesh Rangarajan

The near total political paralysis of one of India's largest states, Andhra Pradesh, over its proposed carve-up, raises fresh questions about how the world's largest democracy will handle questions of identity and territory in this young century. Telangana, the new state proposed, is not a fresh demand, but even as it seems closer than ever to materialising, it opens a Pandora's box in a vast country of over a billion...

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Indian class of Samuelson by Devadeep Purohit

A professor in formal attire, driving his own Beetle to the sprawling Massachusetts Institute of Technology (MIT) campus and turning up in class to “open up visions of his students” — that’s how Bengal finance minister Asim Dasgupta remembers his teacher, Paul A. Samuelson. Samuelson, who helped form the basis of modern economics, died yesterday at his home in Belmont, Massachusetts, after a brief illness. He was 94. “He was a...

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More than compliance by Pratip Kar

Corporate governance codes work only where firms believe working in a legal, ethical and transparent fashion also means good business. It is not in dispute that good corporate governance is all about commitment of a company to run its businesses in a legal, ethical and transparent manner, and that the tone must be set at the top. But are companies in India convinced that good business is all about good corporate...

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Slums defy a 'concrete' answer by Sanjeev Sanyal

There is every sign that India is launching into a period of rapid urbanisation. In the next 30 years, an additional 350 million people will have to be accommodated in our existing towns as well as in brand new urban spaces. Given our inability to cater to even the existing urban population, there are serious concerns about our ability to deal with the influx. Are we entering a world of...

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Put agriculture high on agenda by William D Dar

The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition.  At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...

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