India Inc is on a merger and acquisition (M&A) binge like never before, as the takeover fever has gripped India Inc. For the first time, outbound investments from India have surpassed inbound investments. According to reports, there were 80 M&A deals with a total value of about $10.73 billion in October 2006. The total M&A […]
Politics is a wide sector defining activities associated with the governance of a country, which involves achieving and exercising positions of governance or an organized control, as well as making decisions on behalf of the country. The types of political systems include Authoritarianism, where the government takes all the control and people have no power and are obligated to blind obedience to the authority in power, for instance, dictatorship and totalitarianism; Monarchy, which is an undivided rule or absolute sovereignty by a king or a queen, who take total control. However, there are two types of Monarchies, absolute monarchy, which operates like a dictatorship and constitutional monarchy, which enables the royal family limited powers and collaboratively works with the officially-elected body; lastly, Democracy, where people have the power to form the government. It is said to be by the people, for the people, and of the people.
Some of the global concerns of global politics are globalization in terms of social power, the rise of communism, the development of the atomic bomb and hydrogen bomb for mass destruction, etc. According to research conducted by a professor of political science, the factors affecting global politics are values, norms, ideas, and belief systems.
A radical cleric set up a vigilante Islamic court in Pakistan’s capital yesterday and threatened to unleash a wave of suicide bombs if the government tried to repress his Taliban-style movement. The challenge to the authority of President Pervez Musharraf, by a firebrand cleric, Maulana Abdul Aziz, came amid growing fears of what the local […]
India is seriously concerned by the audacious air attack mounted by the Liberation Tigers of Tamil Eelam (LTTE) in Sri Lanka on Monday, official sources said even as the External Affairs Ministry remained silent. According to the sources, the attack showed that the Tigers had the ability to take their military prowess to a new […]
President Bush called it? political theater? and an? abdication of responsibilities? by Democrats. But for House Speaker Nancy Pelosi, the passage of legislation ordering troops home from Iraq next year was a sweet victory. ?Proudly, this new Congress voted to bring an end to the war in Iraq,? she said after the House vote Friday. […]