In The News

Saritha Rai August 30, 2006
India appreciates foreign investment, but it also wants to build safeguard to its flourishing telecommunications, media, airline, pharmaceutical and other sensitive industries. A Foreign Investment Promotion Board will review investments, pointing out any that could represent possible threats. With overseas direct investment expected to reach $10 billion this year, the legislation could impact...
Amelia Gentleman August 24, 2006
Coca-Cola and PepsiCo executives were confident that they could handle allegations, made by the Center for Science and the Environment, that products sold in India contained pesticides. But executives did not anticipate how quickly the news would spread through India, how local politicians would seize the opportunity to denounce the multinational corporations, and how explosive the issue could...
Michael Krepon August 17, 2006
Fierce military operations may eliminate individual terrorists, but do nothing to destroy their strategy. Some analysts go as far as to argue that excessive force only encourages hatred, boosting the networks that nurture new recruits. In the second article of this two-part series, author Michael Krepon suggests that India – with almost 20,000 civilians killed in terror attacks since 1994 – has...
Pranab Bardhan August 16, 2006
Inequality is relative, depending on how it is measured. Most countries tend to have greater inequality in terms of income rather than consumption – because the citizens of any one country must eat and buy basic necessities, while the wealthy tend to save more. Citizens with more education may have less wealth, yet can better weather economic changes that may eliminate specific jobs. India,...
Michael Krepon August 7, 2006
After the Mumbai train attacks, India, Pakistan and the US offered predictable reactions: India expressed outrage, while struggling for an acceptable way to deal with Pakistan. Pakistan expressed condolences and a hope that the normalization process with India would proceed. The US offered support for India’s fight against terrorism. The reactions reveal that the three countries are in a bind,...
Shahzeb Jillani August 1, 2006
A report released by the Institute for Science and International Security (ISIS) claims that Pakistan is developing a reactor capable of producing enough plutonium to make up to 50 nuclear weapons per year. With its release timed perhaps to derail the deal for the US to sell civilian nuclear technology to India, the report has not swayed US support for the deal. The Bush administration remains...
Rana Rosen July 24, 2006
As the nation debates the value of immigration, the US Senate has eased restrictions for nurses from India. Nurses from India used to travel to the Middle East, with less stringent test requirements, to earn high wages, but encountered restrictions and segregation. With countries such as Australia, Ireland and the UK setting higher standards for foreign nurses, some in the nursing profession...