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Articles 13721 through 13820 of 16647:
- Issues Of Autonomy (Business Line, Correspondent or Reporter, Oct 07, 2003)
THE CALL BY Dr Bimal Jalan, the immediate past Governor of the Reserve Bank of India, for autonomy for the RBI to be put in place through consensus, rather than statute, has a beguiling quality about it. After all, a statutory instrument for conferring...
- Rib Redemption — Mere Blip On Rupee Radar (Business Line, A. Seshan, Oct 07, 2003)
THE redemption process for the Resurgent India Bond is underway. A sum of $5.5 billion will be available for banks to mobilise as deposits. In this connection, the State Bank of India, Union Bank and Punjab National Bank and ICICI Bank have already ...
- Asian Currencies: New Global Scapegoats (Business Line, C. P. Chandrasekhar, Oct 07, 2003)
America's twin deficits, many economists fear, would lead to a collapse of the dollar and global recession. In their desperation to find a solution, they have turned their attention to Asia, with the demand that governments, especially the Chinese ...
- The Chinese Are Coming (Indian Express, Jyoti Malhotra, Oct 07, 2003)
Did Prime Minister Atal Behari Vajpayee bring forward his visit to Bali by a day so as to accommodate a meeting with Chinese premier Wen Jiabao? That was the speculation on the eve of Vajpayee’s departure for the Asean summit in Indonesia on Sunday, on ..
- That Festive Feeling (Indian Express, Sanjaya Baru, Oct 06, 2003)
Spend, urges the FM, to sustain the feel good feeling
- Chasing The Monsoon (Hindu, Correspondent or Reporter, Oct 06, 2003)
AFTER LAST YEAR'S drought, one of the worst in the past hundred years, has come a monsoon that has spread cheer across the country. The countrywide rainfall between June 1 and September 30, which for official purposes constitutes the period of ...
- World Economic Outlook — Lesson Of Growth Without Inflation Ignored (Business Line, S. Venkitaramanan , Oct 06, 2003)
THE International Monetary Fund brings out its World Economic Outlook (WEO) twice every year, once in April and the second time in September. These coincide with the semi-annual meetings of Finance Ministers and central bankers, hosted by the Bretton Wood
- A Warning On Global Economy (Hindu, Correspondent or Reporter, Oct 06, 2003)
THE UNITED NATIONS Conference on Trade and Development is less sanguine than the International Monetary Fund about the outlook for the global economy. While the IMF's World Economic Outlook is confident about an acceleration in global ...
- ‘us, Israel, India Fighting Same Menace, But We’re Not Axis’ (Indian Express, Correspondent or Reporter, Oct 05, 2003)
DAVID DANIELI, ISRAELI AMBASSADOR TO INDIA
- Mulayam Forms Mother Of All Ministries In Lucknow (Indian Express, Amit Sharma, Oct 04, 2003)
Trying to balance the weight of a coalition and aspirations of legislators prone to switching sides, Mulayam Singh Yadav, a known critic of jumbo cabinets, today announced the biggest ever council of ministers in the history of Uttar Pradesh.
- `No Standards World-Wide For Pesticide Residues In Soft-Drinks' (Business Line, Ameer Shahul, Oct 03, 2003)
IN RESPONSE to the article "Killing pests or poisoning people?" by Ameer Shahul (Business Line, September 2), Mr Sanjiv Gupta, President and Chief Executive Officer of Coca-Cola India, writes
- The All-Important Fdi Flow Factor (Business Line, K. Ramesh, Oct 03, 2003)
FOREIGN direct investment as an important factor of the economy cannot be disputed, although it has become fashionable for many experts to make endless comparison with China, being the significant beneficiary of FDI in the region and, that India too ...
- Not A Spectacular Recovery? (Hindu, Correspondent or Reporter, Oct 03, 2003)
A NUMBER OF leading indicators on the economy confirm that a revival is taking place in 2003-04. But the first estimate of agricultural production in the kharif season suggests that the rebound from the trough of 2002-03 may not be as spectacular ...
- Leaders In Focus (Hindu, P. S. SURYANARAYANA, Oct 03, 2003)
The importance of political leadership remains undiminished in the emerging era of e-governance in East Asia.
- Pseudo-Victory At Cancun? (Business Line, Geethanjali Nataraj, Oct 03, 2003)
No doubt, the firm stand by the G-21 was a major moral victory for the developing world at Cancun. But the latter also lost out by the sidelining of other issues vital to their progress. As much as the rich countries need to pay serious attention to the..
- Withdrawal Symptoms (Indian Express, Correspondent or Reporter, Oct 03, 2003)
US cutbacks on H-1B visas: disappointing, but no reason for despair
- Controversy Unlimited (Hindu, Correspondent or Reporter, Oct 02, 2003)
THE DEPARTMENT OF Telecommunications is in a spot over its permissive handling of the case of fixed service operators providing subscribers the freedom to use their phones beyond the local area, usurping a mandate available to cellular phone ...
- Khadi Gets New Spin In Africa (Indian Express, V K Cherian, Oct 02, 2003)
In the land where Gandhi learnt the ropes, ‘Afrikhadi’ is the new buzzword. The Mahatma is alive in Mandela country
- Tomorrow Never Dies (Indian Express, Manjeet Kripalani, Oct 02, 2003)
India as a political role model, Dubai as an economic one. Afghanistan has a future as a democratic, free trade zone. It needs luck. And patience
- India Backs Un Restructuring (Business Line, S. Sethuraman, Oct 02, 2003)
THE 2003 UN General Assembly began its 58th session with an agonising introspection of failings of the world body in the face of ever-growing threats to peace and security, and the "fundamental challenge" posed by unilateralism to the founding principle..
- Tea_in__hot_water (Business Line, Correspondent or Reporter, Oct 01, 2003)
THE TEA SECTOR continues to remain in the doldrums with low primary producer prices, sluggish domestic consumption and falling exports. Even as owners abandon estates, the plight of plantation workers is worsening by the day. While entrenched interests...
- Hyperbolic About Arun (Indian Express, S.P. Shukla, Sep 30, 2003)
After the return of the Indian delegation from Cancun, one has seen a series of reports and analyses which sound more like the hosannas of the faithful and the loyal.
- Deprive The Villains Of Their Heroin (Indian Express, BULBUL ROY MISHRA, Sep 30, 2003)
Several hundred tonnes of opium gets refined into heroin in secret, makeshift laboratories in Afghanistan and neighbouring Pakistan. It then finds its way to the West.
- World Bank-Imf Review: Will Asia Lead The World Growth Charge? (Business Line, S. Sethuraman, Sep 30, 2003)
The global economy may be on a rebound but it is not yet time for cheer because of underlying risks of the large fiscal and current deficits the US has run up and the imbalances in growth and distribution of reserves. Emerging Asia has a big role to play.
- Growth Has Its Pains (Indian Express, Editorial, Indian Express, Sep 29, 2003)
India as an economic powerhouse? Joy! But it also means there’s a lot more to be done
- Non-Event At Dubai (Hindu, Correspondent or Reporter, Sep 26, 2003)
NO MAJOR DECISIONS were taken by the International Monetary Fund and the World Bank at their 2003 annual meetings held in Dubai earlier this week. The event was noteworthy for discussions peripheral to the business of the two international ...
- What Next, After Cancun? (Business Line, S. D. Naik, Sep 26, 2003)
While many experts had predicted that the Cancun negotiations would fail over the question of agricultural subsidies, they actually collapsed because of the insistence of developed countries to bring on board the Singapore issues. However, the ministerial
- Farmers: Distanced By Globalisation (Business Line, Kumar Venkat, Sep 26, 2003)
IN the run-up to the World Trade Organisation's failed meeting in Cancun, most writers on both sides of the economic divide called for an end to unfair farm subsidies and tariffs in rich countries. After all, who could be against an open global market in
- Empty Bowls At Mexican Fiesta (Indian Express, Navika Kumar, Sep 26, 2003)
The no-show at Cancun being tom-tommed by India as a major achievement can only be good politics and rhetoric, but this is certainly not good economics. Coming once every two years, a World Trade Organisation ministerial should be looked at as an ...
- Subject India: (Indian Express, Correspondent or Reporter, Sep 25, 2003)
When the Financial Times launched its Beijing edition on Monday, several copies had four pages missing. The buzz is these were removed by Chinese authorities. Plausible reason: an article showing the Indian political system in better light than the ...
- Markets And Efficient Corruption (Hindu, S.N. Gajanan, Sep 24, 2003)
All that the state has to do is to allow the market to sort itself out and elicit the palatable corruption level by strategically predetermining the modest wage gains.
- Pfbr - Atoms Of A Power Dream (Business Line, Ambrose Pinto , Sep 24, 2003)
Success means accomplishments as a result of our own efforts and abilities. Proper preparation is the key to our success. Our acts can be no wiser than our thinking. Our thinking can be no wiser than our thoughts. Our thoughts can be no wiser than our ...
- Warning From Rae Bareli (Indian Express, Kuldip Nayar, Sep 23, 2003)
The right or wrong of an action is all that morality is. It is how you perceive it. Human Resource Development Minister Murli Manohar Joshi felt that the right thing for him to do was to quit if the special court at Rae Bareli decided in favour of framing
- The Bank Disconnect (Business Line, Correspondent or Reporter, Sep 23, 2003)
CAN NUMBERS ON bank credit offtake provide clues to economic trends when a large number of medium and big corporates are consciously staying out of the banking system? Quite a large number of companies run treasuries playing the equity and debt markets,
- The Political Case For Reform (Hindu, Pratap Bhanu Mehta, Sep 23, 2003)
The Supreme Court has done well in reminding us that the politics of reform and the reform of politics are two sides of the same coin.
- A Torn Safety Net (Business Line, Pratap Ravindran , Sep 23, 2003)
The Government does not tell anybody anything about the provident funds (defined contribution plans) that it runs and goes out of its way to obfuscate the fact that they are deeply in the red. The banks sell their shares to the public without mentioning
- A Chinese 'Invasion' (Hindu, VLADIMIR RADYUHIN, Sep 23, 2003)
The Chinese have emerged as the fastest growing ethnic minority in Russia.
- Sustaining Reform, Reducing Poverty (Business Line, S. Venkitaramanan , Sep 22, 2003)
SEPTEMBER 15, 2003 saw a unique seminar organised by the Madras School of Economics to discuss the World Bank's recent report on "India: Sustaining Reform, Reducing Poverty". Chaired by eminent economist Dr Raja Chelliah, the seminar was attended by a ...
- Politicians And Real Issues (Business Line, P. V. Indiresan , Sep 22, 2003)
Politicians believe that they will prosper forever by targeting outdated issues such as reservation. What they have not realised is that election gimmicks yield fruit only once. However, they are not solely to blame. Those who parade as pro-poor intellect
- Useles Jaunts (Business Line, B. S. Raghavan , Sep 22, 2003)
IT WAS an ugly surprise for me to notice the presence of the Governor of the Reserve Bank of India, Dr Y. V. Reddy, at a meeting of the Inter-Governmental Group of Twenty-Four on International Monetary Affairs and Development held at Dubai on September 19
- Wanted: Vision (Indian Express, Ambrose Pinto , Sep 22, 2003)
Vajpayee addresses the UN at a crucial point in history. This should impact his speech
- Real Software Of The Workplace (Business Line, C. Gopinath , Sep 22, 2003)
WORK scheduling in retail businesses can create a lot of heartburn for both the manager and the employee. The manager would like to maximise efficiency by making full use of the employees' time in deciding who will do what and when. Meanwhile, the ...
- Cancun And Its Aftermath (Business Line, Ranabir Ray Choudhury , Sep 22, 2003)
The developed economies will not make the extra sacrifice not merely because it is not in their nature to hurt their domestic industry and farm lobbies beyond a point, but because their hackles have been raised by the success of the developing countries
- Soothsaying On The Global Economy (Hindu, Correspondent or Reporter, Sep 22, 2003)
A MOOD OF optimism pervades the global economic forecast made by the International Monetary Fund. The positive outlook of the IMF is not surprising because the last time it made its predictions was in April 2003 when there were two major ...
- Beijing-Moscow-New Delhi Trialogue (Hindu, K.K. Katyal, Sep 22, 2003)
The significance of the upcoming trialogue is not to be underestimated because China, India and Russia represent the vast majority of the global population.
- Celebrate Cancun, But With Caution (Indian Express, P. Chidambaram, Sep 21, 2003)
Arun Jaitley, the Commerce Minister, has a neat, legal mind. Before he went to Cancun, he had identified the three possible results of the ministerial meeting: good deal, no deal or bad deal. And he had concluded that while a good deal would be the most
- Reforms, ‘via Bathinda’ (Indian Express, Shekhar Gupta, Sep 20, 2003)
While some of the more unabashed supporters of economic reforms may now be blaming the Supreme Court for spoiling the party and even puncturing the bull balloon on the stock markets, the truth is that real opposition to all deregulation and privatisation
- Indian Railways: Time To Improve Standards (Business Line, Poonam Madan Sarmah, Sep 19, 2003)
CARRYING an average 13 million passengers in 8,250 passenger-trains daily, the Indian Railways is one of the world's largest transporters of passenger traffic. But despite such phenomenal dependence by the travelling public on this critical service, its
- Back To The Future — Q4 To Look Like Q2 (Business Line, Anantha Nageshwaran, Sep 19, 2003)
THE US Federal Reserve Open Market Committee (FOMC) left the target for the federal funds rate unchanged at 1 per cent. It was not a surprise. Their communication too was quite similar to the one that they released after the August meeting minutes. The...
- Us' Concern Over Job Outsourcing - Old-World Style Protectionism (Business Line, S. Sethuraman, Sep 19, 2003)
There is continuing debate in the US on how liberal it should be with visas for foreign workers and the effects of job outsourcing. For India, a major issue of concern is the US' moves through law to cap the number of visas for foreign workers and
- Commending Modi (Indian Express, Correspondent or Reporter, Sep 19, 2003)
This newspaper has had few occasions to commend Narendra Modi, chief minister of Gujarat. Indeed, the recent history of the state has prompted bitter words against him in these columns, everyone of which we believe is perfectly justified considering the
- Congress Turncoats (Indian Express, Correspondent or Reporter, Sep 18, 2003)
The Congress Party is tickled pink at the prospect of playing gatekeeper to the disinvestment process. Tuesday’s Supreme Court verdict, ruling that the government would require to get parliamentary approval for disinvesting oil majors HPCL/BPCL, has in...
- China And India — A Study In Contrast: Perspectives In Economic Growth (Business Line, T. C. A. Ramanujam, Sep 18, 2003)
While the contrasts between the two countries are stark, it may be too early to write off India as a "lumbering giant" which has lost the race to the "Crouching Tiger". India's stable financial system and the better-organised legal machinery may still ...
- Israel Eye In Space On Indian Shoulder (Indian Express, Sonu Jain, Sep 18, 2003)
Who said terror is the only common ground between New Delhi and Tel Aviv? Both sides are joining hands—in space.
- Cas: Lack Of Regulatory Framework (Business Line, B.S. Rathor, Sep 18, 2003)
THE Conditional Access System (CAS) issue has become murkier, requiring immediate damage control by the Government. The Additional Secretary to the Ministry of Information and Broadcasting Ministry, Mr Vijay Singh, had to rush to Chennai to soothe ruffled
- Digitising The World Of Hunger (Deccan Herald, Shib Shankar Dasgupta, Sep 17, 2003)
Digitising the world has to be viewed on moral and ethical basis also, apart from the business angle
- Service Delivery (Business Line, B. S. Raghavan , Sep 17, 2003)
THE recently published review by the India Office of the World Bank on the course and content of the reforms process in India with particular reference to the achievement of the objective of reducing poverty is not exactly earth-shaking in its findings
- Rbi's Annual Report 2002-03: Positive Outlook Blurred By Concerns (Business Line, S. D. Naik, Sep 16, 2003)
Despite the pervading optimism and positive outlook for 2003-04, the RBI Report highlights the medium-term issues and concerns. The growth rate of the economy envisaged under the Tenth Plan period is beyond reach going by the current economic parameters.
- Fiscal Deficit And Investment Pay-Off (Business Line, Correspondent or Reporter, Sep 16, 2003)
THE IMF recently concluded its annual consultations on the Indian economy. Its press release said that the "Executive Directors viewed the recent resilience of the Indian economy as testimony to the benefits of the reforms undertaken since the early 1990s
- Why Silicon Valley Needs To Reinvent Itself (Business Line, Kumar Venkat, Sep 16, 2003)
It has become clear that the knowledge sector is no longer immune to job losses.
- World Investment Report 2003 — Internal Governance Matters A Great Deal (Business Line, S. Venkitaramanan , Sep 15, 2003)
THE World Investment Report 2003 carries forward the rich traditions of UNCTAD (United Nations Conference on Trade and Development) in surveying the progress of investment by transnational corporations in various countries. It notes the increasing role...
- Monsoon Session: Dry In Business (Business Line, R. C. Rajamani, Sep 15, 2003)
EXPECTED to do a great deal of legislative business, the just-concluded monsoon session of Parliament will be best remembered for the no-confidence motion against the BJP-led NDA Government that fell through, as expected. The Congress, which sponsored the
- Us Stocks Are Fully Priced, But Who Cares? (Business Line, V. Anantha-Nageswaran , Sep 15, 2003)
Though economic activity has gathered momentum in the US, the Federal budget deficit has reached record levels and looks set to rise further. Deficit spending makes bondholders nervous. However, its effect on the equity market is different. The ultra-easy
- Manager-Broker Nexus Must Be Curbed (Business Line, B. Venkatesh , Sep 15, 2003)
THE Securities and Exchange Board of India's (SEBI) concern that some portfolio managers may have an arms-length relationship with stockbrokers needs to be promptly addressed. The capital market regulator should take steps to prevent such a nexus; for its
- Raining On The Economy (Indian Express, P. Chidambaram, Sep 14, 2003)
Finance Minister Jasw-ant Singh has broken his vow of silence to claim that there is a ‘feel good’ factor sweeping the country. That’s wonderful, I said to myself, but I checked myself to ask ‘Who feels good?’.
- Burdened By Debt (Hindu, Correspondent or Reporter, Sep 14, 2003)
RAMACHANDRA SHIVAPPA Halgali (Banakar) was a 40-year-old ryot from Gangapur village in Ranebennur taluk of Haveri district. He had the responsibility of managing the entire agricultural operations of the family ever since his elder brother died ...
- Axing The Axis (Indian Express, Vandita Mishra, Sep 13, 2003)
Indo-Israeli sweet-somethings, timed to rhyme with 9/11 commemorations, were abruptly cut off by the suicide bombings in Jerusalem and Tel Aviv. But the US and British media had drawn their conclusions.
- Divestment As A Sweetheart Deal (Indian Express, Sitaram Yechury, Sep 13, 2003)
Perils of an economic model that posits rapid growth as fundamentally incompatible with democracy
- Dealing With Debt (Hindu, Tony Smith, Sep 13, 2003)
Argentina has got away with a less-than-stringent deal on its debt burden with the International Monetary Fund; and Brazil looks to follow suit.
- Globalisation Is A Sell-Out, Mr Shourie (Indian Express, Sitaram Yechury, Sep 12, 2003)
First in a two-part series that refutes the perception of world trade helping the common Indian
- The Dabhol Award (Business Line, Correspondent or Reporter, Sep 12, 2003)
IT SHOULD OCCASION no surprise that the arbitrators to the dispute between the two consortium partners in the Dabhol power project and the Overseas Private Investment Corporation, which underwrote their investment risk in the project, have found favour
- Towards A More Equitable System (Deccan Herald, M Veerappa Moily, Sep 12, 2003)
At Cancun, India should try to obtain commensurate benefits against whatever concessions it may give
- Lowering Risk, Trade-For-Trade (Business Line, B. Venkatesh , Sep 12, 2003)
THE shifting of select stocks to the trade-for-trade segment by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) augurs well for the market. The measure is likely to curb circular trading in these stocks. The usefulness of this ...
- India Without A Clue At Cancun (Hindu, Subramanian Swamy , Sep 11, 2003)
India has thus far made only feeble attempts to get an opportunity for professionals and semi-skilled to work anywhere in the world without visa harassment.
- Tamp Lines Loosened (Business Line, Editorial, Business Line, Sep 11, 2003)
Most economy-watchers will see the granting of autonomy to major port trusts in the matter of fixing rates a cloud with a silver lining.
- Banking Turnaround (Hindu, Editorial, Business Line, Sep 11, 2003)
THERE ARE A number of reasons explaining the distinct turnaround in the perception, if not in the actual performance, of public sector banks. While continuing to be the dominant force in Indian banking — their share in a quite competitive ...
- Cancun: Tentative And On Tenterhooks (Business Line, G. Srinivasan , Sep 11, 2003)
The WTO Fifth Ministerial aims to set a framework for putting the Doha trade talks back on track.
- Free-Trade Tune Opens Wto, Jaitley To Give His Pitch Today (Indian Express, Navika Kumar, Sep 11, 2003)
With protesters being kept at bay, the Fifth Ministerial Conference of Trade Ministers under the World Trade Organisation began at the beach resort of Cancun in Mexico today.
- Jaitley’s Brief (Indian Express, Correspondent or Reporter, Sep 10, 2003)
At Cancun, he must remember Kanpur. Because, ultimately, there’s no escape from reform
- Who Will Oversee Idbi? (Business Line, Correspondent or Reporter, Sep 10, 2003)
FROM PURELY A technical standpoint, the Centre's proposal to confer, through legislative action, a banking licence on the Industrial Development Bank of India (IDBI) is perfectly valid. After all, the Reserve Bank of India is a creation of the legislature
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