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...always will be. Just because India's political system is noisy and disaggregated, with power dispersed between the central government and states, does not mean that it can't deliver. "I don't regard dissent and different views as a sign of dysfunctionality," Montek Singh Ahluwalia, the influential deputy chairman of India's Planning Commission, told...

Author: /time Magazine | Title: The India Model | 11/23/2009 | See Source »

...whether she'll have a talk show, Oprah has confirmed she will "appear on and participate in" programs on OWN. Instead of taking their Oprah straight up for an hour a day, it seems viewers are going to get a taste of her everywhere. Ben Silverman, the former co-chairman of NBC Entertainment and now CEO of new media firm Electus, is buying. "Her willingness to migrate to cable shows that content and brand equity travel with her," he said at an event to launch Notional, a web and TV content company. "She's betting on a future where content...

Author: /time Magazine | Title: Can Oprah Stay Queen With No Throne? | 11/20/2009 | See Source »

Paul Volcker, the former Fed chairman, and Mervyn King, the governor of the Bank of England, agree that governments should mandate separation between commercial and investment banks. Volcker argues that President Obama’s “regulate the giants” approach is insufficient, since the market changes faster than regulators can keep up with it. Under Volcker’s plan, commercial banks and investment banks would still be free to flourish—just as separate companies...

Author: By Anthony P. Dedousis | Title: Too Big to Fail is Too Big | 11/19/2009 | See Source »

...career has been mainly that of a behind-the-scenes fixer in Belgian politics. And he emphasized that his position was not that of chief executive but, as President of the European Council, the body that gathers the E.U.'s leaders for summits, he is more of a chairman, whose role is to mediate across the E.U. "My personal opinion is totally subservient to the Council," he said. "It doesn't matter what I think. My role is to find a consensus...

Author: /time Magazine | Title: The E.U.'s New Top Leaders: Bland Leading the Bland | 11/19/2009 | See Source »

...Monday a new committee called the Electrification Coalition was announced. Its 12 members include a utility, PG&E, but also members of industry, including Nissan chairman Carlos Ghosn as well as FedEx chairman Frederick Smith. The coalition's goal is to have electricity account for 75% of light-duty vehicle miles traveled by the year 2040. It also envisions a network of "fast-charging" stations, which would be capable of recharging a car in minutes. If that sounds expensive, it is. The coalition is calling for roughly $120 billion to be spent by the U.S. government over the next eight...

Author: /time Magazine | Title: As Electric Cars Arrive, Where Will They Plug In? | 11/18/2009 | See Source »

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