Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...

While finalising a new law to check corruption and increase accountability in the higher judiciary, the Union Law Ministry has also decided to include a comprehensive code of conduct for judges of the Supreme Court and the High Courts. Sources told The Indian Express that this was being done as voluntary attempts by the higher judiciary to lay down a code of conduct had not yielded the desired result. According...

A report card from Pratichi Trust on the primary schooling scene in West Bengal Pratichi Trust (India) was established a decade ago, along with Pratichi Trust (Bangladesh). The latter has been concentrating on the social progress of girls and young women: it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh. In India, the work has mainly focussed on advancing primary education and elementary health care,...

PRIMARY SCHOOLING: I Pratichi Trust (India) was established a decade ago, along with its sister across the border, Pratichi Trust (Bangladesh) [1]. The Bangladesh centre has been concentrating on the social progress of girls and young women there (it has worked particularly on supporting and training young women journalists reporting from rural Bangladesh), whereas here in India, the work of the Trust has been mainly focused on advancing primary education...

The collapse of the Dubai dream is not without any implications; it may be an indication that the travails of finance capitalism are not over. GLOBAL capitalism is in a phase in which it must deal with the fruits of the overextension during the previous boom, and there is no doubt that this is going to be painful. The financial crisis in the United States and some other developed countries...