Easy credit magnified the impact of higher incomes during the boom - a depression mentality will multiply the impact of a loss in incomes.
Recognising solutions to problems, both in science and management, often can be traced to a similar phenomenon -- not knowing that we don't know something.
Political pundits, sociologists, political scientists, feminists and historians and almost everybody has said that if the bill becomes an act then it will be the biggest socio-political news since independence. This will have the impact bigger than the Mandal Commission that gave reservation to lower castes and it will go deeper than the Ayodhya movement that attempted to ignite Hindu identity cutting across caste barriers.
The Indian golfer was one shot off the lead, held by Thai Thaworn Wiratchant, before rain stopped play in the first round of the Crowne Plaza Open.
Remembering Sunil Gavaskar's epic 221 at The Oval in 1979.
This is the finding of Professor R Narayana Iyengar (Department of Civil Engineering, IISc).
A unique development in Pune has lots of lessons -- but not all of them are easily replicable.
Five Honourable MPs must be brought from their jail cells to Parliament, television cameras recording every move. It shall be an unsavoury beginning to the new alliance.
'That there will be appeals is disappointing, because it means the status quo will be maintained. It is in the vested interests of many to keep the Ayodhya issue unresolved, a festering wound that annoys Hindus and rallies Muslims.'
The N-treaty volte face is a big loss of face for our country. I wonder who will take a frivolous India seriously now. Given the resounding triumph of Leftist blackmailers, wannabe blackmailers can roll their sleeves up and expect a field day hereafter.
Thailand's Prayad Marksaeng won the Crowne Plaza Open, notching a play-off victory over Marcus Both of Australia on the final day.
The Chinese Taipei veteran and the 33-year-old India ace lead the field after the third round in the Crowne Plaza Open, in Beijing.
The younger Ambani sibling, Anil, on Monday sent an emotional farewell message to all the employees of Reliance Industries, from where he stepped down as vice chairman and managing director.
Confidence in the dollar is what's kept the US going despite the twin deficits. But that's fast eroding.
'While our politicians get voted out, the industrialist grows from strength to strength irrespective of government shifts till one day he controls the entire political structure... That is the real story of India today.'
The Indian golfing ace shares the first place with Thai rookie sensation Chapchai Nirat at the halfway stage of the Crowne Plaza Open.
Many in India still believe that the priority No 1 of India's foreign policy should be to make friends with China. Once again, there is nothing wrong to be China's 'friend' or even 'brother', but it should not be at the cost of India's interests or by bending backward over each whim and fancy of a single-party regime in Beijing.
Rajeev Srinivasan samples the fare at the 14th edition of the International Film Festival of Kerala 2009 underway in Thiruvanathapuram.
India can positively engage Obama by seeking his cooperation in an initiative for a reform of the global governance system.This means moving away from parochial, short-term preoccupations and thinking big. Can our policymakers muster the will to do this?
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