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Articles 13921 through 14020 of 16647:
- Vajpayee's Pakistan Policy (Hindu, C. Raja Mohan, Aug 18, 2003)
Four months after launching yet another initiative towards Pakistan at Srinagar, the Prime Minister, Atal Behari Vajpayee, seems unfazed by the lack of progress on the official front with Pakistan. Patience, persistence and a series of positive gestures
- The Case For A Stronger Rupee (Deccan Herald, J Rajagopalachari, Aug 18, 2003)
Instead of propping up the dollar, RBI should use the fabulous reserves to bolster the rupee
- Dr Jalan Bids Adieu To Rbi (Business Line, S. Venkitaramanan , Aug 18, 2003)
WHEN Dr Bimal Jalan took over as Governor of the Reserve Bank of India in November 1997, his eminent predecessor, Dr C. Rangarajan, a successful practitioner of central banking, remarked: "I was a war-time general. I hope Bimal Jalan can be a peace-time
- Naresh Chandra Reports: A Pale Shadow Of Sox (Business Line, Amit C. Kamath, Aug 18, 2003)
IN THE last few months most business newspapers and magazines have been occupied with the reports of the Naresh Chandra Committee Report, also called the Committee on Corporate audit and Governance. While acknowledging the efforts of the Committee and its
- Half A Freedom (Indian Express, Tavleen Singh, Aug 17, 2003)
In keeping with the festive spirit of the 56th happy birthday of our Tryst with Destiny let me begin on happy note. The good news is that much has changed for the better since Nehru made his Freedom at Midnight speech with — as I see it — most of the good
- Reverse Brain Drain: Us Asians Head Home (Indian Express, Correspondent or Reporter, Aug 17, 2003)
Many foreign nationals no longer view America as the land of opportunity and growing numbers of immigrants are returning to their home countries — India, Pakistan, China, Singapore and Vietnam, countries with job and economic growth sometimes double or
- Back To The Future (Indian Express, P. Chidambaram, Aug 17, 2003)
Just before Saint Valmiki wrote his Ramayana, or contemporaneously, there were other works written by Buddhist scholars on a legendary hero called Rama. Likewise, there were stories of Rama written by Jain scholars belonging to the two schools of the Jain
- A Bonanza For Big Oil (Hindu, V. Sridhar, Aug 17, 2003)
George W. Bush has passed an Executive Order that effectively provides legal immunity to the oil majors for their actions in Iraq.
- This Is India’s Moment But It’s Only A Moment, Can We Grasp It (Indian Express, Arun Shourie, Aug 17, 2003)
On the one hand, we have unbounded opportunities and incomparable advantages to seize them. On the other, there is the fate that will surely befall us if we falter. Unemployment will reach such proportions that social unrest will become unmanageable...
- When Sky Is The Limit (Indian Express, Arun Shourie, Aug 16, 2003)
The problems that have bedevilled Japanese banks are well known — the quicksand of ‘‘directed lending’’, NPAs, and the rest — as is the way these problems have been at the heart of Japan’s inability to pull itself out of the trough for over a decade. The
- Messenger’s The Message (Indian Express, Correspondent or Reporter, Aug 16, 2003)
The Prime Minister’s Red Fort speech was a familiar message of unity and progress
- Smuggler Raj To Swaraj (Indian Express, Shekhar Gupta, Aug 16, 2003)
Come to Mumbai’s Heera Panna. Once socialist India’s Grey Market No 1, today they give you Christian Dior — with a receipt
- Trade Is A Gender Issue (Indian Express, Sakuntala Narasimhan, Aug 16, 2003)
When a new UN task force on globalisation and trade came into being on July 23 to focus on the impact of trade and trade policies on women, most mainstream media ignored this landmark initiative. The initiative was, however, of special interest to the ...
- Nine Hours To Waterloo (Hindu, Arvind Sivaramakrishnan, Aug 16, 2003)
We in Britain pay for the fiction that the free market can run a transport system.
- An Incomplete Economic Recovery (Hindu, C. Rammanohar Reddy, Aug 16, 2003)
While the economic recovery this year is encouraging, it may turn out to be a one-off event unless the Government is able to catalyse a quantum increase in investment.
- Six In A Row (Hindu, Correspondent or Reporter, Aug 16, 2003)
AN ADDRESS FROM the ramparts of the historic Red Fort is an occasion for a Prime Minister to salute the nation as well as to showcase his administration's political and economic achievements. Atal Bihari Vajpayee became the first Prime Minister ...
- Kalam Prayer: No Mandir-Masjid (Indian Express, Pradeep Kaushal, Aug 15, 2003)
President A P J Abdul Kalam today made a passionate plea to pull India out of the politics of religion and called for a ‘‘moratorium’’ on issues that seek to impede the country’s development.
- Before The Whining Drowns It Out, Listen To The New India (Indian Express, Arun Shourie, Aug 15, 2003)
Twenty to twenty-five years ago, even 10 years ago, few of us had heard of Information Technology. Today, exports from this industry are worth $10 billion — that is, over Rs 45,000 crore a year. That figure is 20 per cent of our total exports.
- Let Us Politicise Growth (Business Line, G. Ramachandran, Aug 15, 2003)
Democratic politics and competitive political activity are the two prime forces that comprehensively permeate India's economic space. The key to kick-starting and sustaining growth lies in politicising it. Politicising economic reform and growth will ...
- Bullock-Cart Diplomacy (Indian Express, M D NALAPAT, Aug 15, 2003)
If the attitude of immigration authorities worldwide to an Indian passport has changed during the past five years, the reason has nothing to do with the Vajpayee government, but is the result of the software boom. Suddenly, Indians have become chic, no
- Clear On Cancun (Business Line, Correspondent or Reporter, Aug 15, 2003)
THE WTO NEGOTIATIONS position paper circulated by the Centre reveals clearly the country's stand on a number of critical issues that will figure at the World Trade Organisation's Cancun Ministerial. The burden of the position paper is that the overall ...
- Fly The Government Out Of Civil Aviation (Indian Express, VIJAY DANDAPANI, Aug 14, 2003)
July 2003 marked the centenary of the first flight of the Kitty Hawk, when the Wright brothers demonstrated that an object heavier than air could fly. While this centennial is being celebrated around the world, in India there appears to be scant ...
- Labour In The New World (Hindu, Manabi Majumdar, Aug 14, 2003)
The terms on which the new labour interacts with its employers, global or local, are highly unfavourable to it.
- India's Economic Diplomacy (Hindu, C. Raja Mohan, Aug 14, 2003)
To derive the full political benefits of economic diplomacy, the leadership will have to act decisively to break the old mindset, which defines national security and trade policy in separate and narrow terms.
- Banking On Vision (Indian Express, Correspondent or Reporter, Aug 13, 2003)
IDBI should retain its development financing character, but it must be professionalised
- Cancun Ministerial - Rough Edges And Loose Ends (Business Line, G. Srinivasan , Aug 13, 2003)
Trade experts contend that the Cancun Ministerial may turn out to be an eventful affair if attention is focussed on access to medicine, special and differential treatment for developing countries and liberalisation of agricultural trade so as to lessen
- Per Capita Income Growth In The States (Business Line, C. P. Chandrasekhar, Aug 12, 2003)
Much of the discussion of the growth performance of States stems from perceptions of aggregate output performance rather than per capita output growth. In this edition of Macroscan, investigate trends in per capita State Domestic Production of the major
- Growth Under Political Control (Deccan Herald, Ambrose Pinto , Aug 12, 2003)
The ideal combination of freedom and efficiency which people in Hong Kong want is also sought elsewhere in China
- The Price Of Power (Indian Express, Yoginder K. Alagh, Aug 12, 2003)
Electricity, water, fertiliser and seeds are the needs of a farmer. With bad roads and inadequate communication infrastructure, village markets are difficult places under the best of circumstances. In addition we also find it difficult to create the
- Babucracy Needs A Change Menu (Indian Express, R. K. Pachauri, Aug 12, 2003)
Newspaper reports indicate that under Deputy Prime Minster L.K. Advani’s initiative, two professors from IIM Ahmedabad carried out a daylong training programme, attended by 30 secretaries to the Government of India.
- `Accounting Needs To Be Forward-Looking' (Business Line, D. Murali , Aug 11, 2003)
People are investing for the future, and I want research in that field and, indeed, I am doing that. Accountants don't want forward-looking statements. I am not asking them to be forecasters; just give me what is happening six months from now, one year
- A Separate Harvest (Indian Express, Correspondent or Reporter, Aug 09, 2003)
There is more good news from the "real" economy, the production sectors, even as the fiscal numbers look worrisome. The economy is growing despite poor governance and in the face of fiscal misgovernance, especially in the states, thanks to a good monsoon
- Musharraf Has A Vision For Tomorrow, A Mirage For Today (Indian Express, Najam Sethi, Aug 09, 2003)
General Pervez Musharraf’s tour de force with Lahore editors last Monday spanned a framework of geo-economics, geo-politics and geo-strategy in which he outlined his vision of Pakistan as a country that was ‘‘secure’’, ‘‘stable’’, ‘‘democratic’’ and ‘‘
- Buoyancy Returns To The Economy (Hindu, Correspondent or Reporter, Aug 09, 2003)
THE FISCAL YEAR 2003-04 promises to be a good one for the Indian economy ending five years of deceleration. However, is it going to be a recovery facilitated by the excellent monsoon of 2003 or by a substantial jump in private and public ...
- House Stalled, George Says Can I Speak? (Indian Express, Correspondent or Reporter, Aug 08, 2003)
An angry Opposition today stalled Lok Sabha, mounting a scathing attack on the Government and demanding privilege action against Defence Minister George Fernandes for denying the Public Acounts Committee (PAC) access to the Central Vigilance Commission...
- Supreme Court Strikes (Business Line, Correspondent or Reporter, Aug 08, 2003)
IT WOULD BE no exaggeration to state that the Supreme Court's decision in the Tamil Nadu Government staff strike case has largely gone the State Government way. True, the Court has not upheld as valid the orders issued under the Tamil Nadu Essential ...
- Equity Futures And Options For All (Business Line, G. Ramachandran, Aug 07, 2003)
High-risk equities of high-risk firms may become higher-risk equities. The elitist criteria stipulated by India's securities market disproportionately undermines the prospects of young firms. It suppresses India's renowned flair for competitiveness ...
- Money Theories In Rotation (Business Line, T. S. Viswanathan, Aug 07, 2003)
THE theory of money has undergone a sea change. It is gladdening to note that a monetary theorist, Dr Raghuram Rajan, has been appointed Chief Economist of the IMF.
- Dear Mr President... (Indian Express, Narendra Modi, Aug 06, 2003)
Dear Mr President... Text of Gujarat CM Narendra Modi’s letter to President A P J Abdul Kalam urging him to direct compilation of details of convictions and acquittals in all major group clashes and communal riots in India since Independence and
- Don't Short-Change Small Shareholders (Business Line, Subramanyan Sundaresan, Aug 06, 2003)
"SMALL investors may lose direct access to markets" says a report (Business Line, July 18). This reported move, apart from being retrograde, does not say much of the `vision' of the authorities concerned and needs to be opposed strongly. The Chairman of
- ‘to Make Sure We Build World-Class Business, We’ll (Indian Express, Shekhar Gupta, Aug 04, 2003)
Mukesh Ambani, Chairman of Reliance Industries, spoke to Shekhar Gupta, Editor-in-Chief of The Indian Express, at the Dhirubhai Ambani Knowledge City in Navi Mumbai. Excerpts from the interview telecast on NDTV 24x7’s Walk The Talk
- Convergence Of Gasoline, Diesel Technologies - A Vision For The Next Decade (Business Line, B. S. Murthy, Aug 04, 2003)
EVs, fuel cell and hybrid vehicles may be the buzz in the auto industry but there is no getting away from conventional gasoline and diesel technologies. The focus now, therefore is to combine the best features of the two systems to develop an engine that
- No Proposal Yet, Says Ec (Indian Express, Correspondent or Reporter, Aug 04, 2003)
Asserting that holding simultaneous Lok Sabha and Assembly polls was not possible under the existing Constitutional provisions, Election Commissioner T S Krishnamurthy today said they had not received any such proposal from the Government yet.
- Growth Bulls On Rampage... But Wait For Exhaustion To Set In (Business Line, V. Anantha-Nageswaran , Aug 04, 2003)
The unjustified euphoria and desperation in financial markets will sort themselves out eventually. Needed now is patience underpinned by a sound understanding of the underlying economic fundamentals
- Resurgent Tribalism In Fiji (Hindu, Sam Rajappa, Aug 04, 2003)
Over decades, the gulf between the indigenous Fijians and Indo-Fijians has widened.
- So Far, So Good (Indian Express, George Mathew, Aug 03, 2003)
After two long years, stocks actually seem like a viable investment option once again. The big question now: is this rally for real
- Waiting For The Two (Indian Express, P. Chidambaram, Aug 03, 2003)
All indicators point to a revival of the economy. No one will be happier than the BJP. In the five years that Atal Behari Vajpayee has been Prime Minister, he has been served by two Finance Ministers and three Ministers of Industry and Commerce.
- Rural Electrification - Time For Corporate Sector To Repay Debt (Business Line, S. Padmanabhan , Aug 01, 2003)
The rural sector has for long borne the brunt of an inefficient power supply system. The Electricity Act 2003, however, empowers rural pockets to plan their generation, distribution and tariffs, and even opt out of the State grid. The Act also benefits
- Mechanistic Elitism Hurts Investors (Business Line, G. Ramachandran, Aug 01, 2003)
The convergence of equity and commodity marketplaces will indeed bring significant gains from economies of scale and scope pertinent to trading and customer servicing, monitoring and regulation by SEBI. But will India's commodity producers, including mill
- Few Steps Forward, Long Road Ahead (Indian Express, JOHN SAWERS, Aug 01, 2003)
We must aim to have a sovereign Iraqi Govt around this time next year. Then the Coalition’s role will be over
- Ram Versus Ramani (Indian Express, Sagarika Ghose, Aug 01, 2003)
Mumbai is the hip slick town. But it’s also a conservative small town. During the recent Fashion Week, naked adolescents strolled up and down ramps, screaming that they love to “purrtie”(party). Men dressed in porno-chic stomped about with sindoor in
- Towards More Neighbourly Ties (Indian Express, Husain Haqqani, Jul 31, 2003)
Karzai needs Pak to fight terrorism while Musharraf cannot allow Pak to be sucked into a new Afghan quagmire
- For Clean Coal (Business Line, Correspondent or Reporter, Jul 31, 2003)
GIVEN THAT NOT even 20 per cent of the over 350 million tonnes of coal produced in the country is washed before use, the Coal Ministry's desire to see conditions created for use of only beneficiated, or clean, coal is not going to be fulfilled in a hurry.
- The American Dream - Made In China (Indian Express, EDWARD BERNARD GLICK, Jul 30, 2003)
In the early 1990s, I lived and worked in Japan, and my wife and I occasionally travelled in the region. However, we refused to go to mainland China because we were still fuming over the spectacle of Chinese troops massacring Chinese students in Beijing’s
- A Forgotten People (Hindu, Mihir Shah, Jul 30, 2003)
Worst is the plight of those who are being made to pay the price for someone else's development.
- Mexico Cuts The Brady Bond (Business Line, K. Subramanian, Jul 30, 2003)
IT WAS a historic occasion in the Mexico City on June 12 when Mexico retired the balance of Brady bonds. The bonds were due for repayment in 2019 and Mexico retired bonds valued at $1.3 billion well in advance. The IMF Director-General, Mr Horst Kohler
- Biotechnology In India - Creating A New Market Space (Business Line, Devendra Mishra, Jul 30, 2003)
IN HIS book Wealth of Nations, Adam Smith, wrote that "a true wealth of a nation is measured not by how much gold it possesses but by what it can produce". By this yardstick biotechnology is an unprecedented revolution through which the world's hunger
- Generating Budgetary Resources In 21st Century (Business Line, Mukul Asher, Jul 30, 2003)
In the 21st century, the task of revenue generation will be quite complex, requiring concomitant reforms on the expenditure side and in budgeting systems, more effective use of information technology and better e-governance. India can certainly make good
- Terror And Trade On Sinha's Agenda (Hindu, C. Raja Mohan, Jul 29, 2003)
In their first act of concrete political cooperation in decades, India and Australia are all set to pool their resources in the war against terrorism. When the External Affairs Minister, Yashwant Sinha, arrives here next month, he will formalise a ...
- A Strategy For Cancun (Indian Express, Yoginder K. Alagh, Jul 29, 2003)
As we go into the ministerial meeting in Montreal and the Cancun negotiations, the strategy India must follow becomes an urgent concern. Every major actor at the WTO has well-defined strategies based on work and discussion. If there is one in India, it is
- How Not To Measure Fdi (Business Line, G. Ramachandran, Jul 29, 2003)
India needs to shed its bias towards the dollar value of FDI, and switch to the utilitarian approach. It can gain much by switching to measures of performance that include the number of `jobs', innovative leadership, methods, processes, organisation ...
- Larsen's Legacy (Business Line, Correspondent or Reporter, Jul 29, 2003)
IN THE HISTORY of contemporary India a number of foreigners have in their own way helped shape the country's destiny. Annie Besant, Alan Hume, C. F. Andrews are names that readily come to mind given their roles in giving a practical shape to the then ...
- Getting Women Into Parliament - Why The Quota System Is Crucial (Business Line, Rasheeda Bhagat , Jul 29, 2003)
THE Women's Reservation Bill has been put on the backburner once again with the BJP coming out with the improbable suggestion that one-third of the Lok Sabha constituencies should have two MPs — one male and one female! Extrapolating that logic, each ...
- The Silence At 10, Janpath (Indian Express, Vandita Mishra, Jul 28, 2003)
They say the Congress picked up the gauntlet at Shimla. Sonia’s party declared its readiness for elections, anytime, anywhere. It announced its willingness to strike bargains with other political parties to defeat the BJP and allies. It asserted it will
- ‘war Against Terror Cannot Be Won Till Terror Against India Ends Permanently’ (Indian Express, Shekhar Gupta, Jul 28, 2003)
US Ambassador to India Robert Blackwill spoke to Shekhar Gupta, Editor-in-chief, The Indian Express, on the security situation in the subcontinent and the rapid advancements in the Indo-US relations. Excerpts from the interview telecast on NDTV 24x7’s ...
- Divided By The Indian Ocean (Hindu, C. Raja Mohan, Jul 28, 2003)
As the clear blue waters of the Indian Ocean wash the shores of this city on a sun-drenched winter day, a tinge of regret tugs at your heart. For, India is conspicuous by its absence in what has become a welcoming home for its people, business and ...
- Hdr 2003 And The Millennium Development Goals - Each Country To Chalk Out Own Strategy (Business Line, S. Venkitaramanan , Jul 28, 2003)
THE Human Development Report (HDR) 2003 brought out by the UNDP has been the subject of special attention, particularly because India's rank in terms of human development indicators has hit a new low. It stands at a disgraceful 127 among 175 countries of
- A Damaging World Bank Report (Business Line, Ranabir Ray Choudhury , Jul 28, 2003)
The World Bank's development policy review report on India suggests not only that the development road ahead is long and very difficult, but also that if the right steps are not taken now the economy could be in grave trouble.
- Dhoot, Bhoot, Jhoot (Indian Express, Coomi Kapoor, Jul 27, 2003)
Ever since the death of Dayanand Sahay, an MP from Bihar, rumour has gained ground that the bungalow in which he lived on Pandit Pant Marg is haunted. The Parliamentary housing committee claims that it offered the house to 15 MPs, all of whom declined
- You’ve Got Retail (Indian Express, Jaya Basu, Jul 27, 2003)
Malls, lifestyle stores, hypermarts. Organised retail in India, after many a false start, is consolidating and expanding
- ‘there’s No Political Vendetta... We Had Promised To Expose Badal’ (Indian Express, Correspondent or Reporter, Jul 27, 2003)
On a scale of 1 to 10, how much is your crusade against the Badal family motivated by political vendetta? Jatinder Haye Our drive is motivated by nothing other than a strong desire to, as far as possible, root out corruption, nepotism and all other such
- Rebuilding Russia's Global Role (Hindu, VLADIMIR RADYUHIN, Jul 26, 2003)
Constructive engagement is the watchword of Mr. Putin's doctrine... He has skilfully used Russia's geopolitical and economic position to enhance its strategic value for the West.
- A Shot In The Arm? (Hindu, Richard W. Stevenson, Jul 25, 2003)
White House advisers say the development marks an important turn of fortune that will help Mr. Bush frame the political debate for the rest of the summer and into the fall on terms more favourable to him.
- China: Opening Up To A New World (Business Line, Ranjani Karthik, Jul 25, 2003)
SINCE December 11, 2001 — a year and three months after China's accession to the World Trade Organisation (WTO) — it is apparent that the erstwhile communist economy has emerged from behind the Iron Curtain to take global competition head on. However,
- India's Unbending Funding Problem (Business Line, G. Ramachandran, Jul 25, 2003)
The probability that the unbending funding problem would become an unending funding problem is high. The problem is structural. The structural adjustment programme that began in 1991 has failed to address the issue of elitism in the government sector.
- Familiar Refrain (Hindu, Correspondent or Reporter, Jul 25, 2003)
AS EXPECTED, THE Government's spokespersons have contradicted some of the critical observations of the World Bank on the economy, contained in its recent report entitled "India: Sustaining Reform, Reducing Poverty." Indeed, the Bank while making ...
- Getting The Revenue Act Together (Business Line, G. Srinivasan , Jul 24, 2003)
WITH the first quarter of the current fiscal net tax collections showing a disconcerting decline, the generally unruffled Finance Minister, Mr Jaswant Singh, must read the writing on the wall. With the economy into the second quarter on the upbeat note of
- Sponging Off The Liquidity (Business Line, Correspondent or Reporter, Jul 24, 2003)
THE DOLLAR ARBITRAGE stampede of recent months may have just about been reined in. That seems to be the message implied in the Reserve Bank of India Governor, Dr Bimal Jalan's ruling out open market operations (OMO) in the immediate future. Chances of
- Idbi: Yielding To Bureaucratic Pressures (Business Line, N.A.Mujumdar, Jul 24, 2003)
With net non-performing assets as high as 14 per cent and fresh lending tapering off because of resource constraint, the IDBI may be said to have become dysfunctional. It is against this broad canvas that the various proposals to restructure IDBI need to
- Not A Pipe Dream (Indian Express, Jasjit Singh, Jul 23, 2003)
Ordinary citizens are well aware of the shortfalls in power supply that reportedly anguished IT baron Azim Premji recently. It is a daily part of their lives, that is, except where there is no electricity at all, as is the case with 44 per cent households
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