The Indian system went into another paroxysm of debate, largely uninformed, about introducing a national system of nuclear liability. The Left, opposed to nuclear power in the first place, merely sought to found ways to block the legislation. Read more

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Posted by Pramit Pal Chaudhuri on Friday, August 27, 2010 at 1:26 am
Filed under World · Tagged American exceptionalism, Bharatiya Janata Party, democratic system, Gallic, HINDUSTAN Times, Indo-US nuclear deal, Jeffrey Sachs, legislation, news, Nuclear liability, paroxysm, secessionist threats, sovereignty
The next Economist, or at least the Asian one, is going to have “Contest of the Century: India versus China” as its cover. Read more

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Posted by Pramit Pal Chaudhuri on Friday, August 20, 2010 at 1:24 am
Filed under World · Tagged Asian, China, Chinese Communist Party, corporate sector, economic difference, Economist, growth rate, Guardian, India, India versus China, infrastructure, manufacturing sector, media, New Delhi, obama, pakistan, population, UK
It didn’t get much notice, but the Indian government stated in Parliament that it had deep-sixed a plan to set up a sovereign wealth fund (SWF). The idea of an Indian SWF makes an appearance every two years or so. Read more

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Posted by Pramit Pal Chaudhuri on Friday, August 13, 2010 at 12:38 am
Filed under World · Tagged Blackstone, commercial banks, deep-sixed, foreign exchange reserves, HINDUSTAN Times, India Infrastructure Finance Corporation, Ministry of Petroleum, Namo Narain Meena, sovereign wealth fund, SWF
I dropped by a lunch held by Rwanda’s envoy to India today and was struck when a Rwandan diplomat said, “Last year we were the embassy of Rwanda. Today we welcome you as the high commission of Rwanda.” Read more

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Posted by Pramit Pal Chaudhuri on Thursday, August 5, 2010 at 10:30 pm
Filed under World · Tagged Britain, Commonwealth, Commonwealth revival, embassy, High Commission, imperial history, Mozambique, Rwanda, Rwanda's envoy to India, Rwandan diplomat