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A retired Economics professor is among 10 persons arrested by the AntiTrafficking Cell of Guntur Police on Thursday for forcing women into prostitution. Stressing the role of the law of economics he said the law of economics would decide the destiny of the country and not isms such as socialism capitalism or communism. A memorandum of understanding MoU was signed between Kannur University and the University of Economics and Communications in Calw Germany on the Mangattuparamba campus here on Friday. Puja Jain just graduated from Mount Carmel College in Bangalore and is now doing her Masters in Economics there. She chose History Political Science and Economics for her B.A. and this she feels has given her a sound knowledge in all three and will help in her career. A professor of economics at the Massachusetts Institute of Technology MIT on Wednesday recommended a multipronged approach to development of rural India including a transformation in the role of government from that of a service provider to financiercumregulator. Aiyar said India needed much more information about the requirements of gas in southwest China and the economics of alternative modes of transhipment before it could really consider moving down that track. A twoday national seminar on Kerala Economy Challenges Ahead will be held by the Department of Economics and the Planning Forum of the Nehru Arts and Science College on the college campus here from January 16. Lakshminarayana and the first in the series of workshops Repositioning of Higher Education in Andhra Pradesh was held on January 6 and 7 here for the benefit of economics lecturers working in Sri Venkateswara and Sri Krishna Devaraya universities.