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Jairam Ramesh Becomes ‘Online Contender’ to Head World Bank

-The Times of India   Can Jairam Ramesh become the next president of the World Bank? Unlikely, but in the steady drumbeat of the demand that the next World Bank president must come from the developing world, the rural development minister’s name is being heard alongside several other competent names from the wrong side of the poverty divide.    An independent website, worldbankpresident.org, which is running a poll on who should be the next...

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India top virtual water exporter by GS Mudur

An average Indian uses less than half the amount of water consumed by an average American, but India is the world’s largest net virtual water exporter, using more domestic water resources for export products than any other country, says a study. India’s per capita water consumption is 1,089,000 litres per year, while the average US consumer uses 2,842,000 litres, but trade leaves India with a net virtual water export of 95,000...

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Charged with terror, damned by aliases by Vidya Subrahmaniam

Mohammad Aamir had just turned 18, when one February day in 1998, he was ambushed by a police van. A month later, he found himself thrown against the cold, forbidding walls of a prison cell in the capital's Tihar jail. The charges were murder, terrorism and waging war against the nation. Aamir, released in January this year after 14 years, was named the main accused in 20 low-intensity bomb blasts executed...

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Tax raids on liquor baron close to Maya

-The Telegraph Income tax officials today searched the house and two dozen properties of a liquor baron said to be close to Mayawati, the simultaneous raids apparently throwing up a chest that needed gas-cutters to prise open. TV reports claimed the chest — found in the basement of a Noida mall said to be owned by Gurdeep Singh Chadha — could be stashed with notes worth over Rs 100 crore, but late...

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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar

-The Economic Times   The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone.  But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...

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