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Articles 32421 through 32520 of 35809:
- A Watershed Year For Indian Diplomacy (Tribune, Rajeev Sharma, Jan 02, 2004)
WHAT seemed to be a Sisyphean labour till a couple of years ago in the context of Indo-Pakistan relations, now looks possible. The two countries were on the road to detente in the year just ended.
During the past 56 years of turbulent Indo-Pakistan ...
- Indo-Pakistan Talks: Ten Issues (Hindu, C. Raja Mohan, Jan 02, 2004)
India and Pakistan have been trapped for too long in arguing about procedural issues and defending past political postures.
- India Shining (Business Line, Correspondent or Reporter, Jan 02, 2004)
HURRAH TO THE Indian economy. People across the country walked into 2004 with bugles and drums, crackers and whistles, perhaps intuitively aware of good tidings which morning newspapers brought with the GDP growth touching 8.4 per cent in the second ...
- Statutory Minimum Price: Bitter News For Sugar Industry (Business Line, G. Srinivasan , Jan 02, 2004)
THE Vajpayee Government has again yielded to populist pressure at the cost of an industry which tried its best to reason otherwise with the administration. But the sugar industry stands isolated in the face of combined pressure exerted by the Agriculture
- `Stock Market Is A Buffet Waiting To Be Relished' (Business Line, Virendra Verma, Jan 02, 2004)
Mr Rakesh Jhunjhunwala loves stocks. It has been that way since his childhood. Today he is arguably the largest individual proprietary investor and one of the biggest single taxpayers of Mumbai. Mr Jhunjhunwala describes the current market as a buffet ...
- Grooming Customers To Be `Techno-Ready' (Business Line, Vinay Kamath, Jan 02, 2004)
COMPANIES launching high-tech gadgets need to be sensitive to the "technology-readiness profiles" of their customers before putting their products out in the market. They also need to develop marketing strategies, which evolve as a product ages in the
- How Do They Get Rich? (Hindu, Virginia Postrel, Jan 02, 2004)
The process of economic development is hard to repeat. The great mystery is why.
- Why Interest Rates Should Go Up (Business Line, A. V. Vedpuriswar, Jan 02, 2004)
If, as policymakers claim, India is moving towards a market driven interest regime, then rates should be determined by demand and supply. Lower interest rates cannot be achieved through administrative diktats but by increasing the availability of capital
- Lashkar's New Wave Of Recruits From Indian Expatriates (Hindu, PRAVEEN SWAMI, Jan 02, 2004)
Even as the Pakistan-based Lashkar-e-Taiba has come under pressure to de-escalate its jihad in Jammu and Kashmir, the organisation has unleashed its formidable capabilities to inflict a far more painful all-India war. Lashkar cells operating from Dubai,
- Mutiny In Punjab Congress (Hindu, Correspondent or Reporter, Jan 02, 2004)
SOLDIERS UNDER ENEMY fire know how to survive: they bunker down and conserve their ammunition until an opportunity to hit back presents itself. For reasons known only to the Congress rebels in Punjab, they have chosen to charge out of the ...
- Statutory Minimum Price: Bitter News For Sugar Industry (Business Line, G. Srinivasan , Jan 02, 2004)
THE Vajpayee Government has again yielded to populist pressure at the cost of an industry which tried its best to reason otherwise with the administration. But the sugar industry stands isolated in the face of combined pressure exerted by the Agriculture
- Tyre Imports From China To Enjoy Duty Sops (Business Line, K. R. Srivats, Jan 02, 2004)
DOMESTIC tyre manufacturers will have to contend with tyre imports from China at much lower protection levels from January 1. The Finance Ministry has formally included China in the list of countries (Sri Lanka, Bangladesh and South Korea) that can
- India Inc: World's `Reforms' Playmaker (Business Line, G. Ramachandran, Jan 02, 2004)
Seizing the opportunities spawned by economic reforms to improve its managerial capability and responsiveness, India Inc. has shown that suppliers of capital, customers and government win when companies perform at higher levels and confront challenges
- Rupee Becomes Stronger; Gains 5.24% (Indian Express, Correspondent or Reporter, Jan 01, 2004)
The Indian rupee eased on Wednesday, but ended the year with a record 5.24 per cent gain against the dollar on a flood of foreign investments pouring into a rapidly expanding economy. The rupee ended at 45.5950/6050 a dollar, weaker than Tuesday’s close
- Happy Days Ahead For Job Hunters (Business Line, Veena Venugopal, Jan 01, 2004)
GOOD news for job hunters. Placement agencies predict across the board hiring, in all sectors, at all levels in 2004. Business school graduates are looking forward to a placement season where the toughest choice they make will be which out of the half
- Vajpayee's Challenge (Hindu, Harish Khare , Jan 01, 2004)
While Mr. Vajpayee may be able to lead the NDA back to power, this may not be enough for him to leave a permanent stamp on history.
- New Year Pronouncements (Business Line, S. Ramachander, Jan 01, 2004)
While India will emerge stronger in 2004, it is only political will that can bring about a real change in the economy, society and politics.
- Rules Rather Than Exceptions (Telegraph, Correspondent or Reporter, Jan 01, 2004)
There are promising signs of change in…attitude, with examples of how judicial, legislative or policy action can readily mitigate stigma and discrimination. There have been several instances where the courts have ruled in favour of reinstating HIV
- A Weekly Is Born (Telegraph, ASHOK MITRA , Jan 01, 2004)
Were he around, Sachin Chaudhuri, the founder-editor of the journal, Economic and Political Weekly, would have been bemused to see that his journal has become a phenomenon, the imprimatur of recognition for young social scientists, and èminences grises to
- A Downsizing Dream (Business Line, Correspondent or Reporter, Jan 01, 2004)
THE PROPOSAL OF the Standing Committee of Parliament on Industry for consolidating the Ministries of Coal and Mines, Oil and Petroleum, and Steel under one composite ministry may appear, on the face of it, revolutionary. But on closer reflection, it is
- Get Saarc Going (Hindu, Correspondent or Reporter, Jan 01, 2004)
EVERY SUMMIT OF the South Asian Association for Regional Cooperation (SAARC) raises the same question: can this grouping of seven nations ever get its act together to achieve any of its goals? In the nearly two decades of its existence, SAARC has ...
- Pakistan: Chickens Coming Home To Roost (Business Line, G Parthasarathy, Jan 01, 2004)
The recent assassination attempts on Gen Musharraf can best be described as the wages of sin that Pakistan's rulers have inevitably to pay for the policies they have followed for over a decade. The ISI's inducting and training of terrorists and the ...
- Dollar Breaches 1.25 To Euro (Business Line, BATUK GATHANI, Jan 01, 2004)
For how long will this turbulence continue on the currency market is anybody's guess, but a recession-prone European Union is obviously dreading any further rise of Euro against the dollar.
- Unmasked (Indian Express, DEVRAJ DASGUPTA, Jan 01, 2004)
Contrary to apprehensions, life for the D’Silva family, plagued by the Severe Acute Respiratory Syndrome (SARS), has been a smooth ride after the fortnight-long ordeal back in April. Though eyebrows were raised initially, it is business as usual for the
- Toasting Time Again For All In It Sector (Business Line, V. Rishi Kumar, Jan 01, 2004)
THE year 2004 promises to be full of excitement for the technology sector where domestic players — big, small and medium and multinational corporations have struck a positive mood. Herewith a perspective on the general outlook for the sector that is
- Sensex 2nd Best; Gains 72.9% In 2003 (Indian Express, Correspondent or Reporter, Jan 01, 2004)
Investors won’t forget 2003 easily. The resurgence of Dalal Street bulls have made lakhs of investors richer by several lakhs during the year which was marked by zooming share prices and indices. Stock markets ended the year 2003 on an optimistic note
- Congress Badly Bruised By Poll Defeat (Tribune, Anita Katyal, Jan 01, 2004)
POLITICS is like a game of cricket. A team could be cruising along comfortably but one fine bowling spell can prove devastating, converting a certain victory into defeat. Something similar appears to have happened to the Congress this year. It was riding
- Gdp Growth Shoots Up To 8.4% In Q2 (Indian Express, Correspondent or Reporter, Jan 01, 2004)
Agriculture along with industry and services puts economy on high growth trajectory
- Only 15 Firms Raise Rs 2,194 Cr In 2003 (Indian Express, Correspondent or Reporter, Jan 01, 2004)
However, the year 2003 is better than 2002 (6 issues); 600 companies planning to raise over Rs 50,000 crore
- Attempts On Musharraf’s Life (Tribune, G Parthasarathy, Jan 01, 2004)
THE chickens are coming home to roost for Pakistan’s military ruler. Just after he seized power in October 1999, Gen Pervez Musharraf became the first ruler in Pakistan to justify the violence unleashed by his jihadis in Kashmir as being a noble jihad
- Pasricha Moves Out Encounter Cop Again (Indian Express, Correspondent or Reporter, Jan 01, 2004)
Another high-profile encounter specialist has been transferred in a major reshuffle in the Mumbai police force.
Pradeep Sharma, who is reputed to have gunned down over 90 gangsters over the past 12 years, is among 20 officers who were transferred ...
- Perform Or Else: Robson Feels The Heat From Boss (Indian Express, Reuters, Jan 01, 2004)
Frustrated Newcastle United chairman Freddy Shepherd has warned manager Bobby Robson and his players that they must start to perform or face the consequences. The club are a disappointing seventh in the Premier League, 20 points adrift of leaders ...
- The Year Of The Declining Dollar (Hindu, Correspondent or Reporter, Dec 31, 2003)
FOR THE CALENDAR year 2003, the big news in the foreign exchange markets, in many ways for the global economy, has been the steady decline in the value of the American dollar. It is true that the dollar, like any other currency, has moved up and ...
- Cheer Rally With Caution (Business Line, Correspondent or Reporter, Dec 31, 2003)
THE NEW HIGH scaled by equities — with the Nifty crossing its previous all-time peak last Friday — is an occasion to cheer for investors, especially as the valuation levels are not as stretched as they were in the bull markets of 1992, 1994 and 2000. That
- Towards 2004: Nothing Much To Feel Good About (Business Line, Devinder Sharma , Dec 31, 2003)
SUMITRA Behera is one of the millions languishing in the countryside. An unknown Indian, somehow surviving against all odds, she recently figured in the news when she decided to sell her one-month-old baby for a mere Rs 10 (approximately 11 US cents).
- Thank You, 2003! (Business Line, B. S. Raghavan , Dec 31, 2003)
NORMALLY, on December 31, the excitement is all about the New Year. The only thought for the year that has been with us for the previous 12 months is usually a la Lord Tennyson in his famous poem, Ring out, Wild Bells: "The year is dying in the night, and
- Asean Ties: India Must Look To The East With Greater Vision (Business Line, Gautam Murthy, Dec 31, 2003)
INDIA has moved purposefully in developing a broad economic and strategic partnership with the dynamic countries of South-East Asia.
- Now Advani Strikes Poll Iron Saying Assembly Results Hot (Indian Express, Correspondent or Reporter, Dec 31, 2003)
Sending out the clearest signal yet of advancing Lok Sabha elections, Deputy Prime Minister L K Advani today said early polls would be good for the NDA, given the BJP’s impressive performance in the Assembly polls and the feel-good factor in the economy.
- Making India An Economic Superpower — Stem The Rot In Governance (Business Line, Ambrose Pinto , Dec 30, 2003)
Governance failure is the single biggest impediment to achieving a higher growth rate of the economy.
- $100 Billion: Understated, Underexplained (Business Line, Sudhanshu Ranade , Dec 30, 2003)
A surfeit of dollars, unless taken off the market, automatically raises the price of the rupee on account of the `excess demand'. India, like China, has been trying hard to resist this increase in the `value' of its domestic currency, which has an ...
- The Bittersweet Saga Of Sugar (Business Line, G. Srinivasan , Dec 30, 2003)
Though the cycle of shortage and surplus in the sugar industry has been overcome in the last six years with the emergence of efficient and modern mills, the carryover stock of sugar in the last four years has resulted in hefty carry-over costs, insurance
- Waiting For Fields Of Gold (Telegraph, P.S.M. RAO, Dec 30, 2003)
The finance minister, Jaswant Singh, recently announced his government’s plans to raise the “gross national contentment”, stressing the need to usher in a second green revolution. But his government’s track record betrays a lack of seriousness in the ...
- Nurseries Of Alienation (Hindu, Mihir Shah, Dec 30, 2003)
Geographical enclavement in a remote pocket has provided the physical basis for a kind of "internal colonialism" faced by Adivasis throughout India.
- The Influx Of Migrants (Tribune, Correspondent or Reporter, Dec 30, 2003)
WHEN people leave their native places for sheer survival or in search of better avenues, they are led by “push” and “pull” factors. Their traditional place of inhabitation either pushes them out since no more work or employment is available or they move
- Coming: A Happy New Year (Telegraph, Shankar Aiyar, Dec 30, 2003)
“Writing,” wrote Hazlitt, “concentrates the mind wonderfully.” Defeat does so even more wonderfully. Even while those whom the gods wish to destroy, they first make mad, so as the Bharatiya Janata Party reels drunken with triumphalism over its upset ...
- Footprints Beyond 2003 (Business Line, Ranabir Ray Choudhury , Dec 29, 2003)
2003 might seem to have been a fairly humdrum year as far as India is concerned. But has it really been all that uneventful? Has nothing really happened during the year which will leave an imprint on 2004 and beyond
- Year Of A Small War Made Big (Telegraph, GWYNNE DYER, Dec 29, 2003)
While truly historic regime-changes took place and an epidemic killed hundreds, the world remained obsessed with a minor war for most of 2003
- Job Creation: Not Just An Economic Problem (Business Line, P. V. Indiresan , Dec 29, 2003)
Even as jobs have to be created to accommodate India's ever-increasing population, technology developments are destroying existing ones. The issue, therefore, is not merely adding enough jobs but also creating replacements for those lost. As the obstacles
- Iraq Isn’t Vietnam, But They Rhyme (Indian Express, ROBERT G. KAISER , Dec 29, 2003)
Is Iraq another Vietnam? The question, heard often now, implies more specific questions: Are we caught in another quagmire? Are we dooming thousands of young Americans to a premature death? Have we again lost our way? ‘‘History doesn’t repeat itself, at
- Year Of Pride (Telegraph, Correspondent or Reporter, Dec 28, 2003)
This year is the year of the feel-good factor emanating from solid economic achievements. It sets the ground for early polls next year
- Saarc Trade Fair In Dhaka (Indian Express, Correspondent or Reporter, Dec 28, 2003)
Calling for reducing trade barriers among Saarc nations, India today invited member countries to derive benefit from increased access to its markets.
- He Blew The Whistle, We Hear The Sound (Indian Express, Ambrose Pinto , Dec 27, 2003)
After the Dubey murder, the thousands of IITians working selflessly in India need to renew their pledge to their country
- Politicians As Easy Targets (Hindu, Pratap Bhanu Mehta, Dec 27, 2003)
A society that acquires habitual contempt for politics and politicians is not a society on the road to moral enlightenment; it is a society opening itself up to despotism.
- Rain And Shine (Telegraph, Correspondent or Reporter, Dec 27, 2003)
He is one Vedic god who refuses to oblige. But this has been the year when Lord Varuna has been more than kind to India. So much so, that the showers might result in early general elections
- Shining From Within (Indian Express, Sanjaya Baru, Dec 27, 2003)
The world wants India to rise and shine, the task at hand is at home
- In High Disdain (Telegraph, RAMACHANDRA GUHA, Dec 27, 2003)
Back in the Sixties, it used to be said that India’s most successful export were economists. Our economy was resolutely insulated from the rest of the world, but our economists occupied high posts in famous universities in Europe and America. Later, the
- Dollar: Thrown Into The Vortex Of Unknown (Business Line, D. Sambandhan, Dec 26, 2003)
IN TODAY'S world economy, the yellow metal is not international money officially, but just a commodity and, yet, it has begun to merit attention from international money and hedge fund managers as an attractive asset to stay in and get out, in view of the
- Jaswant Singh Can Smile (Tribune, Paranjoy Guha Thakurta, Dec 26, 2003)
STOCK markets are booming with the sensitive index having touched a 45-month high. India is supposed to be shining brighter than ever before. The so-called “feel good” factor is reportedly permeating right through the economy. The country’s foreign ...
- Embarrassing Riches (Indian Express, Correspondent or Reporter, Dec 26, 2003)
Haste in policy should not make waste of the forex reserves built up painstakingly
- Five `I's For Budget 2004-05 (Business Line, V. Anantha-Nageswaran , Dec 26, 2003)
In the coming Budget, the Government ought to focus on `I's: Interest rates, Investment, Infrastructure, Information and Image. The Finance Minister who, in his previous portfolio, did a lot to enhance the country's prestige should use the Budget to ...
- Growth Of Chinese Textile Industry - Can India Weave The Same Magic? (Business Line, Ambrose Pinto , Dec 26, 2003)
CHINA and India have significant similarities. For both countries, the chief task at hand is how best to juxtapose economic development with social upliftment of the masses, who account for about 40 per cent of world's population.
- A Landmark With Challenges (Hindu, Correspondent or Reporter, Dec 26, 2003)
THE ACCUMULATION OF foreign exchange reserves of $100 billion is a landmark event that symbolises a sea change from an era when India had to live a hand-to-mouth existence in the external sector of its economy. During much of the first four ...
- Defective Politics (Hindu, Rajeev Dhavan , Dec 26, 2003)
The latest amendment to the anti-defection law is flawed. Defections will not be eliminated.
- One Land, Two Sovereigns (Hindu, C. Raja Mohan, Dec 26, 2003)
Small problems here often lead to big tensions between India and Nepal," says Bharatendu Mallik, the young and popular Mayor of this town on the banks of the Mechi River that has long defined Nepal's eastern boundary with India.
- Strong India, Strong Rupee (Indian Express, Ambrose Pinto , Dec 26, 2003)
India’s foreign exchange reserves crossed the $ 100 billion dollars mark this past week. It has been a long haul from the $ 1.2 billion India had in 1991, scraping the bottom of the barrel and being forced to pledge even its meagre gold reserves. This is
- On The Road To Islamabad (Indian Express, Saeed Naqvi, Dec 26, 2003)
Can a major terrorist act derail this Indo-Pak peace process? Former US ambassadors Frank Wisher, Nicholas Platt and Dennis Kux, authors of the report of the Task Force on South Asia sponsored by the Council on Foreign Relations and the Asia Society, were
- Who After Mubarak? (Hindu, Ambrose Pinto , Dec 26, 2003)
Hosni Mubarak's son, Gamal, may as yet lack the necessary support in either the army, or among officials of the governing party.
- Industry In 2003 — Increased Efficiency, Hesitant Recovery (Business Line, S. D. Naik, Dec 25, 2003)
Three years ago, most experts had virtually given up on India's manufacturing sector because of the all-pervading pall of gloom. Today, not only is India Inc confident of taking on competition from China, the number of Indian companies wishing to set up
- A Recognition For India’s It Sector: Karnik (Tribune, Gaurav Chaudhury, Dec 25, 2003)
INDIA hopes to generate billions by keeping awake when the US works. And losing no time are the IT-enabled services and software companies that are lobbying for US business in a positively aggressive way. Their task is tough: to promote India but without
- Insurance Market — Realising The Growth Potential (Business Line, R. Krishnamurthy , Dec 25, 2003)
Insurance buying has long been a boring exercise. No longer. Glitzy marketing messages from the new players entreat the working population, especially the youth, to set apart a small sum as a protection premium that should be considered as an integral ...
- Libya's Prudent Decision (Hindu, Correspondent or Reporter, Dec 25, 2003)
LIBYA'S DECISION TO dismantle its weapons of mass destruction programme and throw open all related facilities to full scope inspections has sharpened the debate on whether force or persuasion is more effective in solving global problems. The ...
- Maharashtra Vs Bihar (Indian Express, Correspondent or Reporter, Dec 24, 2003)
Call it Mumbai masti. Or should that be Patna patakas? If the verbal swordsplay between Messrs Bal Thackeray and Laloo Prasad Yadav was not so crude, it may even have been possible to consider it as a well-meant attempt to stir up the year-end lethargy...
- A Water War Brews In Satara (Business Line, Sharad Joshi , Dec 24, 2003)
Control of water resources by the government means their control by a few leaders who can continue in power. There is a temptation for these leaders to leverage water management projects electorally. Citing instances of diversion of water from one region
- Outsourcing To Offshoring, It Is Advantage India (Business Line, V. Sriram , Dec 24, 2003)
OUTSOURCING by the US is assuming massive proportions. The reason is "it saves money, time and frees in-house staff to do work central to the company's core mission." What is saved? Thirty-forty per cent, estimates the solutions group, Loud Cloud. Its CEO
- The Dollar Party (Business Line, Correspondent or Reporter, Dec 23, 2003)
MONEY, OR DOLLARS to be more precise, is the final arbiter of a country's pecking order in the mercantilist world. With slightly more than $100 billion in the books for the first time ever in the country's economic history, it will be hard for any nation,
- Terms Of Reference Of 12th Finance Commission — The Deficit In Fiscal Discipline (Business Line, Mony K. Mathew , Dec 23, 2003)
One of the views is that the emphasis on fiscal deficit reduction without paying attention to its quality has led to the Centre and the States resorting to the softer option of cutting productive capital and necessary maintenance and social sector ...
- Leveraged Living (Hindu, Correspondent or Reporter, Dec 23, 2003)
A RECENT EXHORTATION by a highly placed Reserve Bank of India (RBI) official to banks to be cautious in expanding their home loan portfolio is significant. Although there has been no official regulatory warning so far, it is obvious that banks ...
- Catfish That Spoilt The Vietnamese Party (Business Line, K. Subramanian, Dec 23, 2003)
IT WAS not long ago that the heroic people of Vietnam humbled the US in a bitter war. By 1995, the relations between the two countries had been normalised. Soon, pressures were on the former communist society to adopt the `market economy' model. Vietnam,
- Oil Psus: About Turn On Cross-Holdings (Business Line, Paranjoy Guha Thakurta, Dec 23, 2003)
The December 18 CCEA decision to allow oil PSUs to dilute their cross-holdings is a tacit admission that the Government had erred in its February 1998 move to allow such holdings in the first place. The Government has implicitly acknowledged that the ...
- On V-Day, The Insider Turns Less Political, More Philosophical (Indian Express, Correspondent or Reporter, Dec 23, 2003)
Former Prime Minister P V Narasimha Rao was beaming today as he made an honourable exit from the last of his legal tangles.
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