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Articles 33421 through 33520 of 35809:
- Auto Component Industry - Time It Got Its Parts Together (Business Line, B.S. Rathor, Aug 27, 2003)
THE auto component industry is coming out of the learning curve and appears all set to step on the accelerator. But the journey was arduous, especially in dealing with a new set of original equipment manufacturers (OEMs). When in the 1990s global car
- It Was Pouring Good News In The City Until The Shower Of Glass (Indian Express, George Mathew, Aug 26, 2003)
Refrain in rattled markets: We will bounce back, no big deal unless there are riots or Indo-Pak tension back
- Black Mumbai Monday (Indian Express, Correspondent or Reporter, Aug 26, 2003)
Blasts bring back ghosts of 1993 and its memory of quick recovery
- Growth With Integration (Business Line, Correspondent or Reporter, Aug 26, 2003)
THE SRI LANKAN Prime Minister, Mr Ranil Wickremesinghe's reference to a trade off between freedom and economic progress in his speech at the M. S. Swaminathan Research Foundation Millennium Lecture Series 2003 has all the ingredients to set off a ...
- No Free Lunch In Education (Deccan Herald, S N CHARY, Aug 25, 2003)
Capitation fees are not always collected out of 'greed'; it is in most cases the only means for colleges to survive
- Market Equanimity (Hindu, Correspondent or Reporter, Aug 25, 2003)
THE ONGOING RALLY in share prices has been interpreted in various, often contrary, ways. The first big question to which there has been no unanimous answer is: will the rise in the share prices — the benchmark share indices have climbed to ...
- Soon: A Hot, Upscale Residency Called Dharavi (Indian Express, Manju Mehta, Aug 25, 2003)
Asia’s biggest slum to become an urban sprawl with housing complexes, supermarkets
- Making Our People Rich (Business Line, Correspondent or Reporter, Aug 25, 2003)
NEARLY six decades ago momentous things happened in both our countries. We made our people free. We established institutions and secured a system of Government where the people were able to elect the Parliament and enjoy basic democratic freedoms. This...
- Making Our People Rich (Hindu, Ranil Wickremesinghe, Aug 25, 2003)
Sri Lanka and India, working as an integrated marketplace, offer strong opportunities for potential investors. Together, we can offer greater economies of scale and build a more competitive commercial environment.
- Economy: Course Correction Imperative (Business Line, S. Venkitaramanan , Aug 25, 2003)
IT IS too early to judge how the economy will progress during the year. However, it is tempting, as always, to read the economy's tea leaves. I recently reviewed a copy of the Government's monthly economic report for July 2003. What do its figures tell us
- Our Lady Of Diminishing Returns (Indian Express, Tavleen Singh, Aug 24, 2003)
Sonia Gandhi achieved an astonishing political feat last week. She became the target of her own motion of no confidence. I base this assertion on comments that drifted my way afterwards from Delhi’s drawing rooms and corridors of power. My, how confident
- Waking Up To Wto (Indian Express, P. Chidambaram, Aug 24, 2003)
One of the persistent myths in developing countries is that developing countries do not need the World Trade Organisation (WTO). And that the WTO is more pain than gain. On the eve of every Ministerial meeting convened by the WTO, there is a bout of WTO
- ‘let This Change Be Permanent’ (Indian Express, Correspondent or Reporter, Aug 23, 2003)
The Indian Express readers respond to Arun Shourie’s three-part Independence Day special on the innovative new India.
- Panchayati Raj, Pakistani Style (Indian Express, George Mathew, Aug 23, 2003)
Bhurban near Murree, a beautiful hill station near Islamabad, was recently the venue of a path-breaking conference on local government. Pakistan’s National Reconstruction Bureau (NRB), established in 2000, organised it. Its mandate is to provide clean ...
- Motion’s Over, Now Move (Indian Express, Shekhar Gupta, Aug 23, 2003)
Everybody who participated in, or witnessed, this week’s debate on the no-confidence motion in Parliament obviously must have his or her own take on it.
- Negative Peace In Sri Lanka (Deccan Herald, P. Sahadevan , Aug 22, 2003)
There are no signs of a breakthrough in the Sri Lanka-LTTE dialogue but the peace process is going on
- Proposal For Zero Customs Duty - With Right Environment, Industry Can Cope (Business Line, Ambrose Pinto , Aug 22, 2003)
The US' zero-for-zero Customs duty proposal envisages allowing imports at zero duty and expecting reciprocal treatment for exports. Is Indian industry prepared to face the onslaught of imports and remain successful? Sure, it can many sectors already hav
- Flat Yield Curve Is Top Priority (Business Line, G. Ramachandran, Aug 22, 2003)
Keeping the yield curve low and flat will be the apt objective of monetary administration and policy over the next five years. This period will be characterised by fiscal discipline imposed by Parliament and by all-round economic growth. But the flat ...
- India’s Magic Realism (Indian Express, Arun Jaitley, Aug 22, 2003)
Producing 30 per cent of America’s doctors but not one Al-Qaida terrorist
- The Trouble With China Trade (Business Line, K. Subramanian, Aug 22, 2003)
UNTIL around 2000, there was a scramble for trade with China among the industrialised countries. They evolved special strategies to promote trade. Delegations led by Presidents and Prime Ministers went and signed glitzy agreements with China. China played
- Riding The Bull (Indian Express, Correspondent or Reporter, Aug 22, 2003)
The feel-good factor, which had eluded the stockmarkets for quite some time, is back. The 30-share BSE Sensitive Index soared past the crucial 4,000 mark this week and continues its upward journey, much to the relief of market players, investors and the
- No-Confidence Motion - All Sound And Little Fury (Business Line, Rasheeda Bhagat , Aug 21, 2003)
With the result of the no-confidence motion against the Vajpayee Government a foregone conclusion, the exercise does seem to have been an utter waste of public money and valuable Parliament time. But it served to prove that the Opposition is capable of...
- South Asia’s Four Play (Indian Express, SHAHID JAVED BURKI, Aug 20, 2003)
The road to Indo-Pakistani cooperation flows through four key areas of the economy. For a start, New Delhi can trade its IT expertise for Islamabad’s energy
- Fiscal Consolidation, The Real Payoff (Business Line, G. Srinivasan , Aug 20, 2003)
The mere announcement of an avalanche of measures without ensuring how they will deliver is not good economics, though maybe savvy politics, particularly when elections are round the corner. Dividends will come only from correcting and shoring up the
- Lessons For India From The Us Blackout (Business Line, B. S. Raghavan , Aug 20, 2003)
The massive blackout across the US showed up the holes in the power policy framework of the supposedly most technologically advanced nation.
- Electricity Act 2003 - Seeking To Transform The Network Access System (Business Line, Mudit Kulshreshtha, Aug 20, 2003)
WITH the successful passage of the Electricity Act 2003 through both Houses of Parliament, this important sector is all set for major changes. Despite a certain circumspection about the mechanics of implementation, the recommendations of the Act appear to
- A No-No To Negaholism (Indian Express, Correspondent or Reporter, Aug 19, 2003)
Political leaders should take Arun Shourie’s prescription on dealing with the world seriously
- Engineering A Reverse Brain Drain (Business Line, R. Sundaram , Aug 19, 2003)
AMIDST the din and cackle of political debates on cow slaughter and reservation it is heartening to learn that the Communications Minister, Mr Arun Shourie, has endowed his entire entitlement under the MP Local Area Development scheme to set up a biotech
- The Success Of Microeconomics (Business Line, S. Venu , Aug 19, 2003)
REFLECTING on their failure to be able to explain or forecast the economy as a whole, macroeconomists lack a certain intellectual buoyancy at present. Their subject matter is as exciting as ever — more so, with globalisation, financial cases, and the New
- Adding Value To Commodity Futures (Business Line, Kalyan Raipuria, Aug 19, 2003)
THE FUTURE of futures in commodities is closely linked with the emerging trends in global economy and in prices, unlike security derivatives where national sentiments play a major role. But system improvement can do wonders. Last year commodity prices as
- Trade Unionism Must Reinvent Itself (Business Line, T. C. A. Ramanujam, Aug 19, 2003)
The Indian trade union movement is badly organised and much politicised. It is splintered and leaves out of its pale vast numbers of unorganised workers. Only a confederation of the working class of all hues can serve as a political watchdog, as it can
- Now It Is Up To The Bond Market (Business Line, V. Anantha-Nageswaran , Aug 18, 2003)
How will the US bond market behave when the Federal Reserve is fighting deflation not with any unconventional or daring monetary policy but by merely keeping short-term interest rates at low levels and promising to do so credibly for as long as is ...
- Washington’s Oil Spill (Indian Express, G Parthasarathy, Aug 18, 2003)
Browsing through a bookshop that was full of Indian IT professionals and their families in California’s Silicon Valley, my eyes fell on a book intriguingly titled: Sleeping with the Devil: How Washington Sold our Soul for Saudi Crude.
- Deficits And Debt Can Trip Growth (Business Line, S. Sethuraman, Aug 18, 2003)
INDIA has been facing for nearly two decades the problem of large fiscal imbalances culminating in the balance of payments crisis of l991, which became the turning point on the road to a liberalised and market-driven economy. Fiscal adjustment was at the
- 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...
- Security Council Resolution 1483 (Hindu, Correspondent or Reporter, Aug 17, 2003)
"Noting the letter of 8 May 2003 from the Permanent Representatives of the United States of America and the United Kingdom... to the President of the Security Council and recognising the specific authorities, responsibilities and obligations ...
- 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 ...
- Lok Sabha Polls: The Sooner The Better, Thinks Bjp (Indian Express, Manini Chatterjee, Aug 09, 2003)
Regardless of what Chief Election Commissioner J M Lyngdoh thinks, the BJP leadership is set on holding the general elections much before schedule and may go in for Lok Sabha polls as early as November 2003.
- 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
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