London: Striking a defiant tone, the BBC has defended its decision to send an undercover team with a group of London School of Economics students on a trip to secretive North Korea, saying that it was worth risking their lives. The BBC has faced calls to pull Panorama special by John Sweeney who smuggled himself into North Korea alongside his wife and a cameraman by attaching them to a group of 10 London School of Economics (LSE) students who visited the country in March.
Defending the decision, BBC News Head of Programmes Ceri Thomas said, "This is an important piece of public interest journalism." Asked whether that justified putting student lives at risk, he replied, "We think it does."
Had the journalists' identity been discovered by the North Korean authorities, the entire group could have been arrested and faced punishment. The BBC insists the students were fully aware that the reporting team were present but the LSE has reacted furiously, accusing the corporation of using "deception from the outset" and endangering the safety of their students, the Independent reported.
The incident has pitted one of Britain's most prestigious universities and the BBC into an argument over journalistic ethics. Reporters often pose as tourists to enter North Korea and take part in state-sanctioned trips where access is severely monitored by officials....
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08:55 PM, Apr 15, 2013
London: A leading British university criticised the BBC on Sunday for arranging an academic trip to North Korea to make an undercover documentary, saying it had put students who were unaware of the plans in danger. The London School of Economics (LSE) said three BBC journalists - including the respected reporter John Sweeney - joined a student society trip at the end of March, posing as tourists to make a...
08:40 PM, Apr 14, 2013
As the fable goes, in the summer when the ants were busy gathering food, grasshoppers lived a carefree life. Come winter, the ants lived off their store, while the grasshoppers were left starving. It appears that this lesson was eventually learnt by humans, who shifted from hunting and gathering to agriculture. The wisdom of ants that they borrowed did not end here but helped to lay the foundation of economics...
04:57 PM, Jan 07, 2013
Your salary may rise or shrink depending on your male boss' firstborn, according to a new study which found that employees can expect a hike if the child is a daughter but salaries may decrease if it is a son. ...
01:12 PM, Jan 07, 2013
Stockholm: US economists Alvin E Roth from Harvard University and Lloyd S Shapley from the University of California, Los Angeles, were awarded the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel for the year 2012. They won the prize for research on how to match different economic agents such as students for schools or even organ donors with patients. The Royal Swedish Academy of Sciences, which made...
05:03 PM, Oct 15, 2012
London: Though traditionally seen as dull but among the most hardworking students in any institute, economics undergraduates have been found to have nearly five sexual partners since starting university classes. A survey of 4,656 undergraduates from 100 British universities conducted by the StudentBeans.com website also found that those studying environmental science had less than two sexual partners, the Daily Mail reported. Undergraduates studying economics had an average of 4.88 sexual...
06:16 AM, Sep 28, 2012
The Congress and the BJP debate if good economics can be put over bad politics by the political parties. ...
11:30 PM, Sep 24, 2012
Paper I Ricardian, Marshallian and Walrasain approaches to price determination. Types of Markets and price determination. Criteria or Welfare improvement. Alternate theories of distribution. Functions of money Measurement of price level changes-Money and real balances-Monetary standards-High-powered money and the Quantity theory of money, its variants and critiques thereof-Demand for and supply of money-The money multiplier. Theories of determination of interest rate-Interest and prices-Theories of inflation and control of inflation. Full...
05:48 PM, Jul 03, 2012
New Delhi: A year after they sparked much hue and cry, Delhi University colleges this year spared students the horror of a 100 per cent cut off percentage, though Hindu college put a ceiling of 99.25 to its cut-off range. The University announced its first cut off list today amid apprehension among students who are hoping to get admissions in the prestigious University. Sri Ram College of Commerce (SRCC), one...
12:12 PM, Jun 26, 2012
New Delhi: The average income of Delhiites is expected to be Rs 1.75 lakh for the year 2011-12, almost 3 times the national average of around Rs 60,000, according a report by the state government's Directorate of Economics and Statistics. The figures came to light in the report titled "Estimates of State Domestic Product 2011-12", which was released on Friday by Delhi Chief Minister, Sheila Dikshit. Noting the key finds...
02:59 AM, Apr 28, 2012
New Delhi: Terming the aviation sector as the 'real World Wide Web', a study has said it is currently contributing Rs 33,000 crore or 0.5 per cent of India's GDP and supporting 1.7 million jobs in the country, besides creating much-needed critical assets. The study, conducted by Oxford Economics for the International Air Transport Association (IATA) recently, says aviation not only provided significant economic benefits to the Indian economy and...
11:30 AM, Apr 01, 2012
Tonight at 10 pm CNN-IBN's Deputy Editor Sagarika Ghose discusses with a panel of experts, will the Budget of 2012 be governed by politics rather than economics?
12:42 PM, Mar 12, 2012
New Delhi: As directed by the Prime Minister a meeting was held in PMO on Government's priorities in Health sector, particularly over the next 5 years. The meeting specifically focused on implementation of recommendations of the National Commission forMacroeconomics & Health (NCMH) and the High Level Expert Group (HLEG) on Health set up by PlanningCommission. The Prime Minister has emphasised the need for increased outlay on healthsector during 12thPlan so...
03:12 PM, Feb 29, 2012
Bimal Jalan is one of India's well-known economists. He was Governor of the Reserve Bank of India from 1997 to 2003. He has held several top positions in the ministries of finance and industry and in the Planning Commission. He was also Chairman of the Economic Advisory Council to the Prime Minister and represented India on the boards of the IMF and the World Bank. His book 'Emerging India' was...
11:35 AM, Feb 22, 2012
Washington: Amartya Sen, Indian economist and 1998 Nobel Prize winner in economics, has been felicitated with the National Medals of Arts and Humanities award by the US President Barack Obama at a glittering White House function in Washington. "We even have an economist, which we don't always get on stage," Obama said referring to 78-year-old Sen, before he presented the 2011 National Medal of Arts and National Humanities. "Sen is...
08:27 AM, Feb 14, 2012
New Delhi: US President Barack Obama will award nine scholars the 2011 National Medal for Humanities including India's Nobel Prize-winning economist Amartya Sen. Sen will be felicitated for his insights into the causes of poverty, famine, and injustice. "By applying philosophical thinking to questions of policy, he has changed how standards of living are measured and increased our understanding of how to fight hunger," said a White House statement. The...
08:52 PM, Feb 11, 2012
New Delhi: After honouring Tibetan spiritual leader the Dalai Lama last year, Jamia Milia Islamia will this year honour economist Amartya Sen, another Nobel Laureate, with an honorary doctorate. Sen, whose work on welfare economics, particularly on the causes of famine, won him a Nobel Prize in Economics in 1998, will be conferred with an honorary degree on Friday. Though the University wanted to award the doctorate to the Harvard...
09:55 AM, Dec 16, 2011
New York: The Harvard University has removed economics courses taught by Janta Party leader Subramanian Swamy. The decision was taken following a heated debate after two Indian students on campus submitted a petition with 450 signatures against him. The uproar is over an op-ed article Swamy wrote in the DNA newspaper in July calling for the disfranchisement of non-Hindus who do not acknowledge Hindu ancestry and a ban on conversion...
09:14 AM, Dec 08, 2011
Christopher A Sims and Thomas J Sargent have jointly won the Nobel Prize in Economics this year for their contribution in "empirical research on cause and effect in the macroeconomy". It is needless to say that both of them have contributed significantly to the literature of economics for more than 40 years. The Academy said in a statement: "One of the main tasks of macroeconomic research is to comprehend how...
07:30 PM, Oct 10, 2011
Stockholm: Americans Thomas Sargent and Christopher Sims won the Nobel economics prize on Monday "for their empirical research on cause and effect in the macroeconomy," the Royal Swedish Academy of Sciences said. The prize committee said the winners have developed methods for answering questions such as how economic growth and inflation are affected by a temporary increase in the interest rate or a tax cut. Sargent and Sims - both...
05:02 PM, Oct 10, 2011
