The establishment and running of businesses tap into caste networks, both in terms of arranging finance and providing access to a ready workforce.By and large, caste has only been studied from a religious, social and political angle. Though it is widely accepted that caste has economic ramifications, any study of this aspect has been limited to looking at caste groups in terms of their per capita income, their representation in various professions, and other statistical details.Caste as Social Capital examines the workings of caste through the lens of business, economics and entrepreneurship. It interrogates the role caste plays in the economic sphere in terms of facilitating the nuts and bolts of business and entrepreneurship: finance, markets and workforce. Through this qualitative view of caste, an entirely new picture emerges of caste which forces one to view this age-old institution in new light.

    Jawaharlal Nehru, Gandhi’s protégé and the political leader of India, believed Indians were an inherently nonviolent, peaceful people. Pakistan’s founder, Mohammad Ali Jinnah, was a secular lawyer, not a firebrand. But in August 1946, exactly a year before Independence, Calcutta erupted in riots. A cycle of street-fighting — targeting Hindus, then Muslims, then Sikhs — spun out of control. As the summer of 1947 approached, all three groups were heavily armed and on edge, and the British rushed to leave. Hell let loose. Trains carried Muslims west and Hindus east to their slaughter. Some of the most brutal and widespread ethnic cleansing in modern history erupted on both sides of the new border, searing a divide between India and Pakistan that remains a root cause of many evils. From jihadi terrorism to nuclear proliferation, the searing tale told in Midnight’s Furies explains all too many of the headlines we read today.

    In this timely volume, the author highlights crucial issues that the legislature, the executive, judiciary, the bar and the common people have to deal with virtually on a day-to-day basis. His main focus is on corruption at various levels and in ‘hallowed’ institutions, including the judiciary.The author contends that the legislative and executive wings of the government – the elected representatives of the people – were (and are) expected to provide for the welfare of the people. He points out that they have failed miserably simply because making of laws is not enough; applying and enforcing laws – which are also the primary duties of the government – have left much to be desired. Consequently, it is the judiciary that tells the government when and how to distribute excess food, what crops to grow and what not to grow, which economic projects are good for the country and which are not, and what fuel should be used in our vehicles and whether 2G/3G licenses should be allotted only through auctions! The judiciary is hence accused of overreach!The contents also throw light on other important subjects such as: the implications of reservations for certain sections of the population (including minorities); the true purpose and significance of the Constitution; Centre–state relations; and whether the Constitution has benefited the common people over the years.This is a book that is absorbing as well as thought-provoking that will make the readers put on their thinking caps.

    Called Operation Bluestar, the historic and unprecedented event ended the growing spectre of terrorism perpetrated by the extremist Sikh leader Jarnail Singh Bhindranwale and his followers once and for all. But it left in its wake unsolved political questions that continued to threaten Punjab???s stability for years to come. How, in a brief span of three years, did India???s dynamic frontier state become a national problem? Who was to blame: the Central Government for allowing the crisis to drift despite warnings, or the long-drawn-out Akali agitation, or the notorious gang of militants who transformed a holy shrine into a sanctuary for terrorists?First published two months after Operation Bluestar, The Punjab Story pieces together the complex Punjab jigsaw through the eyes of some of India???s most eminent public figures and journalists. Writing with the passion and conviction of those who were involved with the drama, they present a wide-ranging perspective on the past, present and future of the Punjab tangle, and the truth of many of their conclusions having been borne out by time.

    Economic and political forces are preventing markets from correcting themselves, and we're now living in an unprecedented age of oversupply.Governments and central banks across the developed world have tried every policy tool imaginable, yet our economies remain sluggish or worse. Howdid we get here, and how can advanced nations compete and prosper once more?In this bold call to arms, economic policy expert Daniel Alpert argues that a global labor glut, excess productive capacity, and a rising ocean of cheap capital have kept the economies of the first world, and notably the United States, mired in underemployment and anemic growth.Distracted by a technology boom and a massive debt bubble in the 1990s and early 2000s, advanced nations failed to assess the ultimate impact of the torrent of labor and capital unleashed by formerly socialist economies. After the financial crisis of 2008, the United States and Europe joined an already sclerotic Japan in dire economic straits. Today, as the BRICs (Brazil, Russia, India, and China) and others poach jobs from Western Europe, the United States, and Japan, household incomes in the developed world continue to decline. Many policymakers believe in outdated supplyside economic remedies. They miss the connection between global oversupply and the lack of domestic investment and growth. But Alpert shows how they are intertwined: We cannot understand the housing bubble and the financial crisis without appreciating how the rise of the emerging nations distorted the economies of rich countries. And we can’t chart a path for growth in the developed world without recognizing that many of these distorting forces are still at work.The Age of Oversupply offers a bold, fresh approach to fixing the West’s economic woes through large-scale fiscal stimulus measures, investments in infrastructure, and an aggressive private debt reduction plan. It also delivers a vigorous challenge to proponents of austerity economics.

    For nearly thirty years, the war's fingers had reached everywhere: into the bustle of Colombo, the Buddhist monasteries scattered across the island, the soft hills of central Sri Lanka, the curves of the eastern coast near Batticaloa and Trincomalee and the stark, hot north. With its genius for brutality, the war left few places and fewer people, untouched.What happens to the texture of life in a country that endures such bitter conflict? What happens to the country's soul? Samanth Subramanian gives us an extraordinary account of the Sri Lankan war and the lives it changed. Taking us to the ghosts of summers past and to other battles from other times, he draws out the story of Sri Lanka today-an exhausted, disturbed society, still hot from the embers of the war. Through travels and conversations, he examines how people reconcile themselves to violence, how religion and state conspire, how the powerful become cruel and how victory can be put to the task of reshaping memory and burying histories.This Divided Island is a harrowing and humane investigation of a country still inflamed.

    It is not geography that is the issue; Kashmir also guards the frontiers of ideology. If there was a glow of hope in the deepening shadows of a bitter partition, then it was Kashmir, whose people consciously rejected the false patriotism of fundamentalism and made common cause with secular India instead of theocratic Pakistan. Kashmir was, as Sheikh Abdullah said and Jawaharlal Nehru believed, a stabilising force for India. Why has that harmony disintegrated? Why has the promise been stained by the blood of rebellion? M.J. Akbar, the celebrated author of India: The Siege Within, Nehru: The Making of India, Riot After Riot and The Shade of Swords: Jihad and the Conflict between Islam and Christianity delves deep into the past for the roots of Kashmiriyat, the identity and culture that has blossomed within the ring of mountains for thousands of years. He records Kashmir's struggle in the century to first free itself from feudal oppression and then enter the world of modern India in 1947. Placing the mistakes and triumphs of those early, formative years in the perspective of history, the author goes on to explain how the 1980s have opened the way for Kashmir's hitherto marginalised secessionists. Both victory and defeat have their lessons; to forget either is to destablise the future. Kashmir and the mother country are inextricably linked. India cannot afford to be defeated in her Kashmir.

    It will surpass China in population by 2032 and will have more English speakers than the United States by 2050. In In Spite of the Gods, Edward Luce, a journalist who covered India for many years, makes brilliant sense of India and its rise to global power. Already a number-one bestseller in India, his book is sure to be acknowledged for years as the definitive introduction to modern India. In Spite of the Gods illuminates a land of many contradictions. The booming tech sector we read so much about in the West, Luce points out, employs no more than one million of India’s 1.1 billion people. Only 35 million people, in fact, have formal enough jobs to pay taxes, while three-quarters of the country lives in extreme deprivation in India’s 600,000 villages. Yet amid all these extremes exists the world’s largest experiment in representative democracy—and a largely successful one, despite bureaucracies riddled with horrifying corruption. Luce shows that India is an economic rival to the U.S. in an entirely different sense than China is. There is nothing in India like the manufacturing capacity of China, despite the huge potential labor force. An inept system of public education leaves most Indians illiterate and unskilled. Yet at the other extreme, the middle class produces ten times as many engineering students a year as the United States. Notwithstanding its future as a major competitor in a globalized economy, American. leaders have been encouraging India’s rise, even welcoming it into the nuclear energy club, hoping to balance China’s influence in Asia. Above all, In Spite of the Gods is an enlightening study of the forces shaping India as it tries to balance the stubborn traditions of the past with an unevenly modernizing present. Deeply informed by scholarship and history, leavened by humor and rich in anecdote, it shows that India has huge opportunities as well as tremendous challenges that make the future “hers to lose.”

    Basing themselves on oral and other primary sources and years of research, the authors take the reader through every step of the independence struggle from the abortive Revolt of 1857 to the final victory of 1947. More important while incorporating existing historiographical advances, the book evolves a new and lucid view of the history of the period which will endure.

    Narasimha Rao became the unlikely prime minister of India in 1991, he inherited a nation adrift, violent insurgencies, and economic crisis. Despite being unloved by his people, mistrusted by his party, and ruling under the shadow of 10 Janpath, Rao transformed the economy and ushered India into the global arena.With exclusive access to Rao’s never-before-seen personal papers and diaries, this definitive biography provides new revelations on the Indian economy, nuclear programme, foreign policy and the Babri Masjid. Tracing his early life from a small town in Telangana through his years in power, and finally, his humiliation in retirement, it never loses sight of the inner man, his difficult childhood, his corruption and love affairs, and his lingering loneliness. Meticulously researched and brutally honest, this landmark political biography is a must-read for anyone interested in knowing about the man responsible for transforming India.

    In order to remain in power through this period of fundamental and far reaching transformations, the Chinese communist party must walk a tight rope, balancing and mediating the conflicting needs, desires and aspirations of its various constituencies.

    Japan was going to dominate, then China. Countries were called “tigers” or “mini-dragons,” and were seen as not just development prodigies, but as a unified bloc, culturally and economically similar, and inexorably on the rise.Joe Studwell has spent two decades as a reporter in the region, and The Financial Times said he “should be named chief myth-buster for Asian business.” In How Asia Works, Studwell distills his extensive research into the economies of nine countries—Japan, South Korea, Taiwan, Indonesia, Malaysia, Thailand, the Philippines, Vietnam, and China—into an accessible, readable narrative that debunks Western misconceptions, shows what really happened in Asia and why, and for once makes clear why some countries have boomed while others have languished.Studwell’s in-depth analysis focuses on three main areas: land policy, manufacturing, and finance. Land reform has been essential to the success of Asian economies, giving a kick start to development by utilizing a large workforce and providing capital for growth. With manufacturing, industrial development alone is not sufficient, Studwell argues. Instead, countries need “export discipline,” a government that forces companies to compete on the global scale. And in finance, effective regulation is essential for fostering, and sustaining growth. To explore all of these subjects, Studwell journeys far and wide, drawing on fascinating examples from a Philippine sugar baron’s stifling of reform to the explosive growth at a Korean steel mill.Thoroughly researched and impressive in scope, How Asia Works is essential reading for anyone interested in the development of these dynamic countries, a region that will shape the future of the world.

    The watershed case, Indira Gandhi v. Raj Narain, acted as the catalyst for the imposition of the Emergency. Based on detailed notes of the court proceedings, The Case That Shook India is both a significant legal and a historical document.The author, advocate Prashant Bhushan, provides a blow-by-blow account of the goings-on inside the courtroom as well as the manoeuvrings outside it, including threats, bribes and deceit. As the case goes to the Supreme Court, we see how a ruling government can misuse legislative power to save the PM's election.Through his forceful and gripping narrative, Bhushan vividly recreates the legal drama that decisively shaped India's political destiny.

    In the dark days that followed, Coomi Kapoor, then a young journalist, personally experienced the full fury of the establishment. Meanwhile, Indira Gandhi, her son Sanjay and his coterie unleashed a reign of terror that saw forced sterilizations, brutal evictions in the thousands, and wanton imprisonment of many, including Opposition leaders.This gripping eyewitness account vividly recreates the drama, the horror, as well as the heroism of a few during those nineteen months when democracy was derailed.

    Challenge and Strategy: Rethinking India's Foreign Policy examines India's foreign policy options in order to ensure that the country retains its space for manoeuvre, to follow an independent foreign policy in the 21st century global scenario.