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...Gist: India remains uniquely bipolar. Both the horrors of the Third World and the comforts of developed nations exist simultaneously on the subcontinent. And while those on the outside have been transfixed by its galloping economic growth for some time, the emerging global giant is full of paradoxes. It is the world's go-to destination for talent, yet has the world's highest high school dropout rate. Despite its robust economic growth, India is wracked by seemingly irreversible poverty. Capitalism is still, for all intents and purposes, a nasty word, corruption is ubiquitous and the relatively young democracy...

Author: /time Magazine | Title: Imagining India: A Manifesto by the Bill Gates of Bangalore | 3/23/2009 | See Source »

...India's hesistance to adopt an entrepreneurial spirit: "When it comes to the full force of Indian regulation, India is still not a very business-friendly country, and we rank far below Pakistan and China in the ease of doing business. The regulations that remain hurt the small entrepreneur and the first-time businessman the hardest. Money in particular has been a touchy subject...

Author: /time Magazine | Title: Imagining India: A Manifesto by the Bill Gates of Bangalore | 3/23/2009 | See Source »

...krone is set for a "sustained appreciation" over the next year and a half, according to HSBC. The main reason: Norway's budget and current-account surpluses are the biggest among nations with the 10 most traded currencies. Factor in the country's $350 billion sovereign wealth fund pumped full of the country's oil revenues, and the cost of insuring against government default in Norway - a key measure of a currency's safety - is the lowest of those countries. With Norway's output expected to shrink by a modest 1.2% this year, far less than in most...

Author: /time Magazine | Title: Why the Norwegian Krone Is the World's Safest Currency | 3/23/2009 | See Source »

...Whenever you play a ranked team, it is expected that they will be fast and athletic,” Flood said. “Even if we went down, we were going to play for the full sixty minutes...

Author: By Zachary H. Richner, CONTRIBUTING WRITER | Title: WEB UPDATE: Terriers Hold on in 17-12 Harvard Loss | 3/22/2009 | See Source »

...exactly sure how the rocks got to their present location - the origin of some were traced as far as a Welsh mountain range 137 miles away from the Stonehenge. Although modern tests employing only technology from the era have moved similar stones, there's still no full explanation for how ancient people managed such a feat. Hence, aliens...

Author: /time Magazine | Title: Stonehenge Theories | 3/20/2009 | See Source »

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