-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....

-Mainstream Weekly Dr Binayak Sen, an internationally renowned medical practitioner and social activist (a leading figure in the People’s Union for Civil Liberties), was incarcerated in Chhattisgarh and held in detention in Raipur having been branded as a Maoist for his activities in defence of poor tribals in the State. He is now out on bail. The following is the text of the Arvind Narayan Das Memorial Lecture he delivered in...

-The New York Times Blog The strength and direction of the Indian economy may be up for debate, but one remarkable fact is not: There has been massive growth in the number and wealth of billionaires in India since the economic liberalization measures in 1991. The phenomenon has often been compared to the United States’ experience in the latter part of the 19th century. This was a period evocatively described by Mark...

-Al Jazeera Treaty to ban chemicals that harmed the ozone layer came about when there was consensus between science and politics. In 1974, chemists Mario Molina and Frank Sherwood Rowland published a landmark article that demonstrated the ability of chlorofluorocarbons (CFCs) to break down the ozone layer, the atmospheric region that plays a vital role in shielding humans and other life from harmful ultraviolet (UV) radiation. It marked the opening salvo of...

-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media.  Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...