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Articles 14021 through 14120 of 16647:
- The Five Critical Tests - Will Britain Join Eurozone? (Business Line, Ambrose Pinto , Jul 23, 2003)
AFTER its mega launch in January 1999, the euro quickly lost turf against major global currencies. However, it has now made a turnaround, though more due to the relative weakness of the US dollar than the strength of the European economy. At the same time
- Beyond The Iraq Decision (Hindu, Harish Khare , Jul 23, 2003)
India's "no troops" decision suggests that the creeping "American veto" in our internal affairs is not irreversible.
- In Search Of Leader Regulators (Business Line, Pradeep S. Mehta, Jul 23, 2003)
It is better to light a candle than curse the darkness." — Chinese proverb.
INDIAN regulatory reforms have not quite outsmarted other institutional reforms in terms of tardiness. But this in itself may be salutary and afford time for constructive ...
- Tenth Plan: Ambitious Gdp Growth Target (Business Line, Ruddar Dutt, Jul 23, 2003)
THE Tenth Plan has set its seal on the target of 8 per cent average annual growth of GDP. It has also promised to bring this about by raising the level of gross domestic saving from 24.4 per cent of GDP in 2001-02 to 29.4 per cent in 2006-07 — a step-up
- A Question Of Accountability (Indian Express, Mani Shankar Aiyar, Jul 22, 2003)
For two long years and more, the scams and scandals which led to the collapse of the stock market in March 2001 resulted in market capitalisation tottering at half the peak figure of February 2000. Stagnation in capital markets has gravely impacted on
- Companies (Amendment) Bill, 2003 - Taking Corporate Governance Too Far? (Business Line, Ambrose Pinto , Jul 22, 2003)
The proposals in the Bill to strengthen corporate governance are a bit drastic, and not in keeping with the current economic mood of reducing government role in corporate decision-making.
- Ford Centenary: A Legacy Revisited (Business Line, Vinod Jacob, Jul 22, 2003)
THE automotive industry came into being in the 1880s and, over the decades, created a revolution of science, technology and people. Unlike the aerospace industry, the auto industry is of the masses and is, as Peter Drucker claims, "the industry of
- Economy Poised For Recovery (Business Line, S. Sethuraman, Jul 22, 2003)
With the end of the Iraq war and lessening of geo-political uncertainties and stabilisation in oil prices, the volatility in international equity and financial markets is expected to be considerably reduced.
- Tamil Nadu's Assault On Elitism (Business Line, G. Ramachandran, Jul 21, 2003)
WHEN "Tilting Tamil Nadu towards prosperity" was written at the time of the Tamil New Year in 2002, there was unbounded hope that the State Tamil Nadu will be transformed into India's foremost State (Business Line, April 16, 2002). The hope was founded on
- Monsoon Session Of Parliament - Eschew Politics, Address People's Issues (Business Line, R. C. Rajamani, Jul 21, 2003)
IT HAS become a tedious practice for newspapers to describe the start of any Parliament session as being stormy. The description of the monsoon session, beginning today (July 21), will be no different. The use of the phrase has become monotonously predict
- Trade As Foreign Policy (Hindu, C. Raja Mohan, Jul 21, 2003)
The agreement reached last week with Bangladesh to start talks on free trade could mark an important turning point in the politics of the subcontinent. It confirms the trend that the logic of economic cooperation must eventually prevail over the
- Bond Market Takes It On The Chin (Business Line, V. Anantha-Nageswaran , Jul 21, 2003)
In the wake of the US Fed chief's semi-annual ritual of delivering his assessment of the economic outlook to Congress, and his shutting the door on unconventional monetary policy, the dollar surged, gold fell and bonds were buried
- India’s Punch (Indian Express, Vandita Mishra, Jul 19, 2003)
Ouch, said the NEW YORK TIMES. India’s decision not to send troops to Iraq was a ‘‘sharp blow’’, it said, to ‘‘America’s post-war plans in Iraq’’. The paper tersely pointed out that the Bush administration had ‘‘exerted considerable pressure’’ on Prime
- Govt Floats Bold ‘hydrogen Vision’ (Indian Express, Sonu Jain, Jul 19, 2003)
The Government has set up a high-powered committee and given it six weeks to finalise a ‘‘road-map’’ for the introduction of hydrogen as an alternative fuel in the country. ‘‘Inspired by the US and Iceland where vehicles fueled by hydrogen (steam is
- On China, Just Get Real (Indian Express, G Parthasarathy, Jul 19, 2003)
Ever since the disastrous 1962 conflict with China, Indians have been either fed the impression that China is a power itching to expand its frontiers across the Himalayas, or it has been portrayed by its apologists in India as a benign neighbor who bears
- Development Approaches (Hindu, C. Rammanohar Reddy, Jul 19, 2003)
If the human development approach is to lead anywhere in the formulation of alternative policy perspectives, its advocates have to look at taking it further than refinement of the human development index.
- Farming It Out (Indian Express, Correspondent or Reporter, Jul 19, 2003)
Not all the recent concessions to farmers are unwarranted, but some smack of populism
- Pension By Subsidy (Business Line, Correspondent or Reporter, Jul 17, 2003)
A STATE-DIRECTED PUBLIC provision of goods at subsidised rates is something that one normally associates with such essential commodities as foodgrains or fuel. To the ranks of such goods as wheat, rice and kerosene now joins an investment product Varishta
- Will Decreed Demutualisation Deliver? (Business Line, G. Ramachandran, Jul 17, 2003)
No doubt, the NSE's functioning has brought investors the benefits of lower agency costs and reduced risk. But by prescribing its demutualisation model for all exchanges, the regulator may inadvertently be promoting the birth of superfluous but underpower
- The Nalco Blip (Indian Express, Correspondent or Reporter, Jul 17, 2003)
It takes more than a good monsoon to sustain the feel good factor in the markets
- State Vat: Take Measures To Counter Effects (Business Line, R. Srinivasan, Jul 16, 2003)
The implementation of VAT as part of the reforms process is inevitable, though its implication for the public revenue of the States is a cause for concern. Corrective measures need to be put in place to counter the adverse impact of this tax system on the
- Congress: A New Resolution In Shimla (Business Line, Roop Lal Sharma, Jul 16, 2003)
Rattled by its failure to regain power in April 1999 after the fall by one vote of the Vajpayee Government, the Congress(I) is keen to tie up all loose ends well ahead of time, leaving nothing to chance.
- National Water Grid - A Hundred-Year-Old Plan (Business Line, Ch. Prashanth Reddy , Jul 16, 2003)
MUCH is being talked and written about inter-linking of rivers. While there is a vague recognition that this is not a new idea, few politicians, engineers or members o the public know that the concept dates back at least 120 years.
- Taking On The Big Four (Business Line, Correspondent or Reporter, Jul 16, 2003)
THE CHARTERED ACCOUNTANTS Action Committee for Level Playing Field may have succeeded, with its recent release of a `white paper' on multinational accounting firms, in sensitising the general public that internationally these firms are capable of ...
- Save Hinduism From Hindus (Indian Express, KAUSHIK BASU, Jul 15, 2003)
Besides being morally wrong, events like Babri Masjid demolition, Gujarat riots harm Hinduism itself
- Global Plus Local Equals Success (Indian Express, Yoginder K. Alagh, Jul 15, 2003)
As we get into “large” projects, the issue of the global, local and national comes into focus. Take the Golden Quadrilateral, changing the face of India. These are not questions of a national project at the expense of the local in financial or real terms.
- The Post-War Afghan Economy (Business Line, C. P. Chandrasekhar, Jul 15, 2003)
Over the last year, a strategy to reconstruct and revive the war-ravaged economy of Afghanistan has been put in place with the support and under the influence of international donors. In this edition of Macroscan, C. P. Chandrasekhar a nd Jayati Ghosh ...
- Bank Shares, Capital Market And Governance (Business Line, N.A.Mujumdar, Jul 15, 2003)
As the banking system gets deregulated it has become all the more important for the Finance Ministry to speak in one voice. The recent sharp swings in the prices of banking shares, following conflicting statements by the Ministry on return of capital by
- Promises To Keep (Hindu, Richard W. Stevenson, Jul 15, 2003)
George W. Bush will have to show a stendy willingness to use his political clout and capital on Africa's behalf, often in the face of domestic pressures that will only intensify as election season heats up.
- Will Imf's Next Chief Economist Think Outside The Box? (Business Line, S. Venkitaramanan , Jul 14, 2003)
THE International Monetary Fund has announced the forthcoming appointment of Dr Raghuram Rajan, a 40-year-old Professor of Finance at the University of Michigan, as its upcoming Chief Economist. The young economist is obviously one of the promising
- Disappointing Record (Hindu, Correspondent or Reporter, Jul 14, 2003)
THE INDIAN ECONOMY grew at an impressive pace during the 1990s. India is in the top 20 of the 175 countries for which the 2003 Human Development Report of the United Nations Development Programme has estimated growth rates of per capita income ...
- No The Truth About Elitism (Business Line, G. Ramachandran, Jul 14, 2003)
IT IS quite incorrect to hold the view that the Indian Administrative Service (IAS) and other services that enable administration and tax-collection constitute the Indian bureaucracy in its entirety. The bureaucracy and the public sector together ...
- "A People's Movement Against Violence" (Hindu, PRAVEEN SWAMI, Jul 13, 2003)
Interviews with the former Jammu and Kashmir Chief Minister, Farooq Abdullah, used to be a journalist's delight. Dramatic polemic and theatrical political gestures were abundant, peppered liberally with invective against Pakistan. The style ...
- Call Of Faith (Telegraph, Correspondent or Reporter, Jul 09, 2003)
One man’s failure is not necessarily another man’s strength. The innumerable failures of the Bharatiya Janata Party and its allies will in no way compensate for the many weaknesses of the Congress. This apparently elementary axiom has been ignored by the
- Broader Base (Telegraph, Correspondent or Reporter, Jun 27, 2003)
Is the bullish trend in the stock market likely to continue? The answer is probably yes. With the timely arrival of the monsoons, the earlier Indian meteorological department forecast leaning towards below-normal rains has been discounted. Consequently,
- Muslim Chinese (Telegraph, Jairam Ramesh, Jun 26, 2003)
What an extraordinary coincidence that just as the 50th anniversary of Shyama Prasad Mookerjee’s death fell, Atal Bihari Vajpayee was rediscovering Jawaharlal Nehru in Beijing. The irony could not be greater for Vajpayee was among the Indians who had made
- Measuring The Mood (Telegraph, Ambrose Pinto , Jun 26, 2003)
Globalization can help reduce poverty but it needs to be complemented with national and international actions
- The Outsourcing Backlash (Telegraph, Bibek Debroy, Jun 23, 2003)
Businessworld has just (June 16) done an excellent story on the outsourcing backlash India faces in the United States of America. Since 70 per cent of information technology exports are headed to the US and the share is even more for business process outs
- Yet It Moves (Telegraph, Correspondent or Reporter, Jun 21, 2003)
The man who invented the wheel is the forefather of Henry Ford, whose first motor car trundled out of the factory a hundred years ago
- Jet Sets And Socialists (Telegraph, Mani Shankar Aiyar, Jun 20, 2003)
In the early years of reform, I found myself, one day, standing next to a somewhat corpulent businessman at Netaji Subhas Airport, Calcutta, waiting for the bus to take us to our aeroplane. Ranged in a row in front of us was a fleet of shiny new private
- Just Be Practical (Telegraph, Kaushik Roy, Jun 20, 2003)
General K. Sundarji was not only India’s most flamboyant chief of staff but also one of the most brilliant theoreticians the Indian army has ever had. During the Rajiv Gandhi regime, he propounded his own theory of involving mechanized force in warfare.
- Settling The Price (Telegraph, Alok Ray, Jun 18, 2003)
The Indian economy runs the risk of becoming unstable in the long run if the rupee continues to appreciate against the dollar
- Time For Tea (Telegraph, Correspondent or Reporter, Jun 17, 2003)
Labour militancy never solves an industrial problem. There are scores of examples to show how it can sound the death knell of an industry. The recent killing of three tea garden executives by enraged workers in Assam has ominous portents for the industry.
- What Women Really Want (Telegraph, ARNAB BHATTACHARYA , Jun 13, 2003)
“Every woman is an occupied territory” is the title of an article by Simona Sharoni published in the Journal of Gender Studies. The image, albeit a bit flashy, is evocative in that it reflects the fact that femininity today is a theatre of contested ...
- Different Beds, Same Dreams (Telegraph, Jairam Ramesh, Jun 12, 2003)
In Beijing in December 1988, the octogenarian Deng Xiaoping told the 44-year-old Rajiv Gandhi that “if there should be an ‘Asian Age’ in the next century, then it could be realized only after India and China became developed economies”. When the ...
- Reserved State (Telegraph, Correspondent or Reporter, Jun 10, 2003)
Insularity spiced with violence can only create a city of thugs. Little will be left of the cosmopolitan ambience of Mumbai if the ignorance, illogic and aggression of Shiv Sena cadre are allowed to reign. Uninformed cultural chauvinism has always been
- It Is Still Cold Beyond The Wall (Telegraph, M.L. Sondhi, Jun 10, 2003)
China must think beyond Sikkim in framing its India policy given the new warmth between India and the US
- Bonds Of Debt-- Plight Of State Government Bonds (The Financial Express, Editorial, Financial Express, Jun 10, 2003)
Banks and mutual funds, which are the biggest players in the debt market, are very clear about their investment preferences.
- Has Pakistan Turned Around? (The Financial Express, Editorial, Financial Express, Jun 10, 2003)
When General Pervez Musharraf seized power in Pakistan from Prime Minister Nawaz Sharif, his initial charge sheet was full of complaints on economic mismanagement.
- Pity The Poor Bank Manager (Omkar Goswami) (The Financial Express, Omkar Goswami, Jun 10, 2003)
When I was teaching at the Indian Statistical Institute, New Delhi, my savings account was at a branch of the Indian Bank, which was conveniently located on campus.
- Jaswant Asks Sebi To Probe Trade Pattern Of Bank Stocks (The Financial Express, Editorial, Financial Express, Jun 10, 2003)
: Union finance minister Jaswant Singh has asked Sebi chairman to investigate trading pattern in banking stocks and submit the report at the earliest.
- Where Did All The Weapons Go? (Telegraph, GWYNNE DYER, Jun 09, 2003)
“We know where [the weapons] are. They’re in the area around Tikrit and Baghdad and east, west, north and south somewhat.” — US Defence Secretary Donald Rumsfeld, 30 March 2003 It is...possible that they decided that they would destroy them prior to
- Decline And Fall (Telegraph, S. Venkitaramanan , Jun 09, 2003)
India’s foreign exchange reserves stand at an all-time high of more than $ 77 billion. Concerns are, however, being expressed not only about the desirability of a high level of reserves but also about the risks in investing them in securities of countries
- Company Act Helps Monopoly (Shubha Ghosh & Vidisha Barua) (The Financial Express, SHUBHA GHOSH & VIDISHA BARUA, Jun 09, 2003)
The new Competition Act of 2002, although to a certain extent in line with the agreement on Trade Related Aspects of Intellectual Property Rights (TRIPs), is a disappointment for many
- Lessons From Us Profligacy On Fiscal Resp (S. Venkitaramanan) (Business Line, S. Venkitaramanan , Jun 09, 2003)
The US' huge fiscal imbalance, highlighted in a recent study, is a standing example of the power of politics over economics.
- Bhel Plans To Grow Through Acquisitions (The Financial Express, Editorial, Financial Express, Jun 09, 2003)
There have been conjunctures in the past when determined efforts were made to make the public sector giant, Bharat Heavy Electricals Ltd (BHEL), into a world class company.
- Build Bridges (For Communal Harmony) (Deccan Herald, Correspondent or Reporter, Jun 09, 2003)
The manner in which a minor altercation between two individuals sparked off communal riots in Hyderabad is worrying.
- To Break The Vicious Circle (Telegraph, ABHIRUP SARKAR, Jun 06, 2003)
Yet another round of interest cuts followed the Reserve Bank of India’s recent announcement of a reduction in the bank rate. It seems that the RBI is all set to make the financial scenario in the country gradually look like an international one. The ...
- Stick To The Beaten Track (Telegraph, RAVI VYAS, Jun 06, 2003)
Take a look at Sunday’s bestsellers’ lists or last week’s, or next week’s, and you’ll easily conclude that mediocrity is the key to success as in films and music and just about everything around us. The occasional appearance of a novel by Saul Bellow or
- Not Yet Dawn (Telegraph, Correspondent or Reporter, Jun 06, 2003)
The “new dawn” that Ms Aung Sang Suu Kyi had seen for Myanmar last May, after her release from house arrest, has long since become the common day. Myanmar’s icon of democracy is back in “protective custody” again. With her are 17 officials of her party,
- Beyond The Hyphenated Perspective (Telegraph, Bharat Bhushan, Jun 05, 2003)
India has often complained of being bracketed with Pakistan by the international community. The “India-Pakistan” hyphenated perspective of south Asia has led to a sense of frustration in New Delhi. Pakistan is seen as a shackle that prevents India from...
- An Indian In Pakistan (Telegraph, Mani Shankar Aiyar, Jun 04, 2003)
Back in Pakistan last week after a gap of two years, I found myself back again on the familiar terrain of everyone wanting to know whether this time it is for real — or whether we are once again chasing chimeras. To demonstrate national solidarity, I
- The Nineties And Beyond (Telegraph, BHASKAR DUTTA , Jun 04, 2003)
The decade of the Nineties has been amongst the most eventful as far as the Indian economy is concerned. A fundamental instrument of government policy disappeared with the dismantling of the system of industrial licensing, while other radical reforms ...
- Machismo Is Not The Answer (Telegraph, BRIJESH D. JAYAL, Jun 03, 2003)
A modern combat aircraft is a demanding design, development and management challenge on whose success or failure rests not only the future of the organization developing it, but also the operational potential of the sponsoring air forces. Not surprisingly
- Maruti Car Sales Rise 46 Per Cent (The Financial Express, Correspondent or Reporter, Jun 03, 2003)
Car market leader Maruti Udyog has posted a 46 per cent growth in sales in May at 39,178 units, buoyed mainly by increasing demand for the entry-level Maruti 800 model.
- Reforms And Urban Poverty (Supriya Roychowdhury) (Hindu, Supriya Roy Chowdhury, Jun 03, 2003)
Several dimensions of our economic reform model reflect the impact of an abrasive marketisation policy, entirely
- It Never Rains But Pours (Prem Shankar Jha) (Hindu, Prem Shankar Jha, Jun 03, 2003)
The flood of dollars into India, which has swelled its foreign exchange reserves by $1.591 billion in a single week and taken them beyond the $80 billion mark to $80.816 billion,
- Reform Labour Laws , Pant Tells States (Deccan Herald, Correspondent or Reporter, Jun 03, 2003)
The Planning Commission today asked states to undertake labour law reforms to generate employment.
- Coke To Raise Investment In Tn (Business Line, Correspondent or Reporter, Jun 03, 2003)
CoCa-Cola Company has said that it will increase its investment in Tamil Nadu and probably put up one or two more plants (bottling plants) next year.
- Dull Stock Market Takes Toll On Auditoriums (Business Line, Raja Simhan T. E., Jun 03, 2003)
During the stock market boom, over 100 AGMs used to be held in five or six major auditoriums... However, today less than 30 AGMs are held in a year by reputed companies between July and September in the city.
- Companies Amendment Bill Needs Fine-Tuning, Say Analysts (Business Line, Rabindra Nath Sinha, Jun 03, 2003)
The Companies (Amendment) Bill 2003, introduced by Mr Jaswant Singh, Union Finance & Company Affairs Minister, in Rajya Sabha on May 7, has several provisions the rationale of which is not clear.
- The Box Business (Telegraph, Correspondent or Reporter, Jun 01, 2003)
The operation of a liberalized market economy hinges on individual choice. The individual is free to choose from a range of competing offerings in the market place. This simple almost axiomatic truth has been obfuscated by the needless controversy in ...
- Jayalalithaa: In The Eye Of Another Storm (Business Line, Rasheeda Bhagat , Jul 11, 2002)
THE Tamil Nadu Chief Minister, Ms J. Jayalalithaa, is right back at the centre of another political controversy. Her government has invoked POTA (Prevention of Terrorism Act) to arrest eight MDMK functionaries for their utterances eulogising the LTTE.
- Writing On The Wall (Business Line, R. Anand, Jul 11, 2002)
The Indian accounting profession has lessons to learn from the WorldCom fallout.
- Not A Bridge Too Far (Asian Age, Editorial, The Asian Age, Jul 11, 2002)
Once a feasibility report is made and accepted by India and Sri Lanka, the exciting possibility of a road link between the two countries might come true. And it might come about in five years at an estimated cost of Rs 3,000 crores.
- The Border Confrontation (Hindu, P. R. Chari , Jul 11, 2002)
The test of success in the present coercive diplomacy is not the discomfiture of Pakistan but the resolution of the Kashmir problem.
- Hard Bargain (Asian Age, Editorial, The Asian Age, Jul 11, 2002)
Almost all the initial promises of a serious, across-the-table political dialogue that could curb militancy in Andhra Pradesh seems to have evaporated.
- Grafty People (Asian Age, Editorial, The Asian Age, Jul 11, 2002)
The story of Sukh Ram, once the undisputed boss of Sanchar Bhawan who used telecom as a tool for illegal indemnification, is simple.
- Naxalite Violence: Legacy Of Another Era (Times of India, BHASKAR ROY, Jul 10, 2002)
India, a nuclear power and satellite manufacturer, is grappling with an armed political campaign that best belongs to another era, and is admittedly an outcome of the unresolved contradictions of a backward agrarian society.
- The Most Dangerous Place In The World (New York Times, Salman Rushdie, May 30, 2002)
The present Kashmir crisis feels like a déjà vu replay of the last one. Will the outcome also be a replay of three years ago? Will the conflict be contained again?
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