-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

-The Indian Express The Doha climate talks must extract tangible action plans from all countries Delegates from more than 190 countries have met at Doha for the 18th session of the Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) and the 8th session of COP, serving as Meeting of the Parties to the Kyoto Protocol. To build on the aspirations of last year’s Durban climate summit,...

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

-The Economic Times The appointment of the third education commission headed by leading sociologist Andre Beiteille to undertake a major policy review appears to be held up after the Prime Minister's Office raised concerns over including a naturalised US citizen as a member. The human resource development ministry had named Pranab Bardhan, a professor of economics at the University of California at Berkeley, as a member of the commission. Bardhan is a...

-The New York Times blog You could be pardoned for thinking that light pollution is someone’s idea of a Diwali joke. With concerns about rising air pollution hanging over India’s capital like the thick blanket of smog that appeared a few weeks ago and activists against noise pollution jostling to be heard over the burst of holiday firecrackers, the relatively benign problem of light pollution may not seem too important. But astronomers in...