Actually, the BoP crisis had been in the making for several years, rues Shankar Acharya It has been just over two years since India suffered a mini balance of payments crisis in the summer of 2013. Since memory spans are short in the age of Twitter, it may be useful to recall that India’s external finances came under severe pressure in May that year when the US Federal Reserve announced its intention to phase down the second round of “quantitative easing”. That announcement ... Rediff.com, 5 days ago
Pakistan has made it clear that there can be no talks with India unless Kashmir is on the agenda. Interacting with television channel CNN-IBN, Pakistan's National Security Advisor Sartaz Aziz dismissed the notion that the Pakistani Army had scuttled the talks with New Delhi and said that the military and Islamabad are united on the Kashmir agenda. Here is the excerpt of the conversation: CNN IBN: When the two leaders met in Ufa, there was an impression that they developed an understanding.Rediff.com, 1 month ago
Former president A P J Abdul Kalam speaks during a function at the research and diagnostic centre for children in Kolkata in this photograph taken on May 17, 2007. Photograph: Jayanta Shaw/Reuters Popularly called the ‘Missile Man’ of India, Dr APJ Abdul Kalam rose from humble beginnings and earned the reputation of being the "people's President" who endeared himself to all sections, especially the young. A devout Muslim and son of a boat owner, Avul Pakir Jainulabdeen Abdul Kalam, ...Rediff.com, 2 months ago
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