Word: indianized
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...other government officials have been trying to reassure businesspeople and the markets that slower growth is a good thing - it might help get inflation under control - but the public isn't cheered. Opening this month is a new movie titled EMI, which stands for "equated monthly installments," an Indianism for an installment loan. The plot follows a thuggish Mumbai collection agent who, after hearing the touching stories of the people he is paid to intimidate, decides instead to help them resolve their crises by teaching them that more money isn't always the answer. "We made a film about...
...with his fire and eloquence but sometimes turned them off with tactless blunders and goofs, like when he famously snapped at a voter before a C-SPAN camera and noted that in Delaware "you cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent." In January 2007, on the day he launched his own presidential campaign, he was quoted in a newspaper describing Obama as "the first mainstream African-American [presidential candidate] who is articulate and bright and clean and a nice-looking...
...analyst Nahta says there is also a concerted but underhand attempt by producers to break the existing workers' union. "They say the federation bullies them and dictates terms. So they're trying to break this monopoly and create an alternative union," he says. But Anil Nagrath, secretary of the Indian Motion Pictures Producers Association, argues that the demand that producers employ only union members stifles the industry's creativity. "They [the workers' union] want to restrict all creative freedom. How will I make a film if I can't decide which junior artist to employ? They're forcing producers...
...were firmly at a different level from, say, China. They could import powerful computers, uranium, sensitive machine tools, software and components for satellites that were denied to us." Today, that changed, as did the international community's policy of equating India and Pakistan as nuclear weapons states. As Indian and U.S. officials have repeatedly pointed out, the deal has "de-hyphenated" India from Pakistan. "For decades India has chafed at the world's tendency to lock India into a bipolar South Asian framework with Pakistan," says Joshi. "Now, decisively, the rules have been changed for India, and pointedly...
...back to deliberating the financial bailout package. The Bush administration had achieved one of its most important foreign affairs successes, but there was more pressing business to be sorted out at home. Secretary of State Condoleezza Rice is expected in India later this week to ink the agreement with Indian External Affairs Minister Pranab Mukherjee. In India, news channels interspersed images from the deal being passed with footage of Oct. 2 bomb blasts in the northeastern state of Tripura. Neither of the governments that led these historic efforts will benefit from it today. But for both, the deal will...