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...just weeks ago, New Delhi decided to challenge the rebels who carry Mao Zedong's name and who are waging the bloodiest insurgency India has ever seen. The government announced that 50,000 paramilitary troops would be part of Operation Greenhunt, with tough-talking Home Minister Palaniappan Chidambaram promising to "wipe off the Maoist movement in the next two [to] three years." As part of this campaign, police and paramilitary forces last week engaged in a four-day "area domination" exercise near the village of Dantewada in the Dandakaranya Forest. But the Maoists were not about to let this incursion...

Author: /time Magazine | Title: Massacre Prompts Debate Over India's Maoist War | 4/12/2010 | See Source »

...which it lends to banks by a full percentage point in an attempt to ease credit markets. In India, policymakers promised to continue to act to keep the financial sector functioning. "If need be, we will take further measures to infuse liquidity in the market," India's Finance Minister, Palaniappan Chidambaram, told reporters...

Author: /time Magazine | Title: US-Europe Rate Cut Comes Too Late for Asia | 10/8/2008 | See Source »

...academics and other influential types. The hand wringing over the world's economic, social and political problems. The search for creative solutions. The schmoozing. The parties. And, this year, the waft of curry overpowering the heavy Schweizerdeutsch fare. India everywhere, said the signs, and it was. The Finance Minister, Palaniappan Chidambaram, and the Commerce and Industry Minister, Kamal Nath, turned up from Delhi, as did the deputy chairman of the Planning Commission and a cluster of top Indian chief executives. An organization called the India Brand Equity Foundation left pashminas in the hotel rooms of all attendees and distributed Apple...

Author: /time Magazine | Title: Looking Eastward | 1/28/2006 | See Source »

...panel, entitled “Finding Balance in the Global Economy,” was chaired by Financial Times commentator Martin Wolf. Other participants included Palaniappan Chidambaram, the Indian finance minister; John A. Thain, chief executive of the New York Stock Exchange; and Jean-Claude Trichet, president of the European Central Bank in Frankfurt...

Author: By Nicholas M. Ciarelli and Javier C. Hernandez, CRIMSON STAFF WRITERSS | Title: Summers Warns of Crisis Without Adjustments in Global Economy | 1/23/2006 | See Source »

...Undemocratic, not-so-free-market China continues to set the economic pace with GDP growth exceeding 9%?a fact that seemed to dampen enthusiasm in New Delhi in the face of otherwise encouraging circumstances. In Asia, "China is clearly the leader of the flock," conceded India's Finance Minister Palaniappan Chidambaram. "India is still just part of the flock." That chronic inferiority complex is rooted in industrial policy envy. China maintains a big advantage over India in sectors such as manufacturing, said Chidambaram, because its central government dictates "with brutal efficiency" such initiatives as the construction of commerce-greasing infrastructure...

Author: /time Magazine | Title: India's Real Growth Rate | 12/12/2005 | See Source »

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