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India Beware: Bangladesh is Staring at Anarchy

With no end in sight to political turmoil rooted in historic conflicts and sectarianism, Bangladesh is edging closer each day to chaos.

The Tricky Business of Permanent Residency

There are many ways in which modern societies are getting shaped across the world. Australia cast its vote recently in favour of crafting one by handpicking well heeled citizens from other countries.

Bridge Over Troubled Waters (News Report)

The Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA) provided much needed, albeit temporary relief to the government on July 31 choosing not to cancel their loan for the US$2.9 billion Padma bridge project.

An Even Match

A November 2011 report by the U.S.-China Economic and Security Review Commission, a US congressional advisory panel, urged the White House and US Congress to scrutinize China's military expansion and pushed for a tougher stance against, what it dubbed as, anticompetitive Chinese trade policies.

Embracing the Last Resort (News Report)

Marking a departure from its traditional stand of staying “completely apolitical”, India’s ongoing anti-corruption movement on July 31 appeared to lean towards formation of a political alternative.

Forgetting Nehru

Nehru’s chequered legacy is used selectively by no less than his own party, the ruling Indian National Congress (INC). Putting an abrupt end to his socialist programs with economic liberalisation policies in 1991, the Congress party nonetheless chose to kick-start its political campaign for the recent Uttar Pradesh (UP) state elections, with Nehru as a poster child.

At the Stroke of Capitalism

1991 goes down in history as the year that marked the ideological defeat of socialism in India at the hands of economic realism. There was little choice. India’s economy was in a shambles, with fiscal deficit at an unsustainable 8.5% of the economy and the current account deficit touching 3.5%. With total external debt at US$72 billion, India had become the world’s third largest debtor after Brazil and Mexico.