It is difficult time for India. US recession threatens to hit hard the economy. Investments are shrinking owing to global meltdown. Terror strikes and internal conflicts further make the business environment tense, rather unfavourable. The polity is undergoing immense churning. State elections are on and general elections are expected soon.

Terrorism in India has two clear targets: its diverse but unified society and the emerging economy. The attacks on Mumbai as well as recent terror attacks point at that. As impatient citizens refuse to go back to the path followed in past, India must repose its strategy to fight terrorism. It has to be twin in outcomes: save India's basic social structure and guard India as a favoured investment destination.

The world economy suffers from multiple fractures. Its two crutches – the US and the surging Asian economies of India and China – are also in shaky situation. The bigger crisis comes here: both the economies are critically linked thus pushing the global economy into deeper crisis. Can the two economies be decoupled?

Market economy is the engine of growth, and cash is the fuel. Credit is a major valid instrument to make available this fuel of free economy. So a crisis of credit is very natural to such an economy. The current credit crisis in the US has almost made credit crisis a mutant monster.

At last, 3G mobile services are set to beam into Indian households. The technology has been waiting in the wings to enter India for quite some time now. While 3G's entry opens up new possibilities for mobile operators and handset vendors, it is worth to know what it will bring to the table for an end user.

The neat cover illustration may lead one into believing that Chetan Bhagat's latest 'The 3 mistakes of my life' is a book out and out on cricket. Don't be mislead, it has none of the fanatic stuff.

Remanufacturing is a hot business opportunity worldwide and the business of e-waste is the most lucrative and effective. In India, which is the second most populated country in the world, a need was identified for remanufacturing a decade and a half ago.

The World Bank (WB) has 184 member countries, but only one, the US, selects its president. In March 2005, the Bush administration anointed Paul Wolfowitz — architect of the 2003 us invasion of Iraq — to this critical post (later he resigned after favouritism allegation).

National Bureau of Economic Research has declared that the US economy has slipped into recession since December 2007. According to the panel of economists, which is also known as ‘NBER business cycle dating committee’, noted that the US economy entered into recession in December last year after 73 months of economic expansion since November 2001.