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...India That Doesn't Shine In these days of extreme emotions, one of the biggest surprises has been the relative calm of the Indian stock market. It is about where it was the day before the attacks, with no sudden drop or panicked selling. Yet investors have certainly noticed the attacks; Mark Matthews, chief Asia strategist for Merrill Lynch in Hong Kong, says that India missed the rally over the past week enjoyed by the rest of the Asian markets. "India didn't get a share of that bounce." In the long term, he says, investors may simply start thinking...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

...pathos, it is possible to imagine the Mumbai attacks receding into the background because that has already happened for so many of India's other violent conflicts. Since the July 2006 bombing of a Mumbai commuter train, which killed 184 people, there have been nine other blasts in major Indian cities, killing 300 more. Naxalites, the Maoist insurgents who have made claims on a wide patch of central India, have clashed repeatedly with police and paramilitary forces, killing at least 175 this year, according to the South Asia Terrorism Portal. In Orissa, anti-Christian violence has claimed the lives...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

...cultivation of a talent--especially in an age when (as Naipaul is shrewd enough to realize) writers are judged on the basis of their personality more than their art. Even as he turned himself into a bespoke English gentleman, after all, while Pat became the obedient and self-denying Indian wife of legend, Naipaul's strength lay not just in the clarity of his observations but in the passion--the grief and terror and rage--that trembled just beneath them. When Pat finally died, in 1996, French tells us, her husband leaned against a car, weeping uncontrollably, as her ashes...

Author: /time Magazine | Title: V.S. Naipaul's Other Life | 12/4/2008 | See Source »

...Pakistani military leaders have made it a point to support, finance, equip and train Islamist militants to conduct terrorist operations in India. The logic is clear: it is more cost-effective to bleed India from within than to challenge it through more conventional military means. Kashmiri militancy against Indian rule has been fomented and supported by Pakistan, though India's own domestic problems--including the occasional eruption of Hindu-Muslim clashes, notably a 2002 pogrom against Muslims in the state of Gujarat--offered a crucial opportunity to recruit disaffected Indian Muslims to the cause of violence. The increasing frequency...

Author: /time Magazine | Title: After the Horror | 12/4/2008 | See Source »

...army; in Pakistan, the army has a state. An attempt this summer to place the ISI under the Interior Ministry had to be rescinded when the army refused to accept the order. And when, in the wake of the Mumbai bombings, Zardari acceded to the request of Indian Prime Minister Manmohan Singh to send the head of the ISI to India to assist Indian authorities in their investigation, the Pakistani military again forced the civilian government into a humiliating climb down. (See pictures of Pakistan's vulnerable Northwest passage...

Author: /time Magazine | Title: After the Horror | 12/4/2008 | See Source »

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