There was a time when devaluation of a country’s currency was a national tragedy; devaluation of the Indian rupee in 1949, 1966 and 1991 caused widespread consternation, but with the adoption of floating exchange rates the rupee is devalued almost daily, with few people, if any, even noting the falling value of the rupee.

Saudi challenge

Saudi Arabia is grappling with the formidable task of reinventing its economy, steering away from the dependence on oil that has long defined its financial landscape.

Future shocks

In the wake of the global push for manufacturing resurgence, governments worldwide seem entranced by the allure of factories as a panacea for a myriad of societal ills.

No place for violence II

As the Brown University’s estimates for the ‘War on Terror’ of the 21st century have made clear, if indirect impacts of war are included then mortality can be many times more than the deaths caused directly by war and conflict.

Pilot project on rare diseases by KMC

Aiming to create awareness among the citizens, the Kolkata Municipal Corporation is to launch a pilot project for screening and detection of rare diseases among children.


Sino-Indian border talks, meanwhile, are going nowhere with Beijing having refused to exchange maps from 2002.

Madrasa Myth

Efforts to stay politically correct have contributed to an absence of structured debate and discussion on how best to make modern education accessible to millions of poor Muslim youth so that they get jobs. Madrasa custodians are now realizing that cultural isolation would only lead to stagnation. But madrasas are not immune to change.

The Hungry Tide

The urban communities are facing food insecurity on levels similar to rural areas for the first time.

Tricky time

Beijing’s attempt to woo Berlin and drive a wedge between America and Europe is also unravelling to an extent with the survey reporting that regardless of the composition of Germany’s next government, 59 per cent of respondents believe the European powerhouse’s China policy would be more hard-edged.

Unfortunate legacy

If a zero-tolerance policy is adopted in dealing with the criminals who designed and carried out the recent mayhem against Hindus, that will reverse the 75-year-old tide of injustice against minorities in that country. Bangladesh has no answer as to why the Hindu population in that country reduced from nearly 30 per cent in 1947 to about 8 per cent today.