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Articles 33521 through 33620 of 35809:
- 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
- How It All Began (Hindu, Correspondent or Reporter, Jul 27, 2003)
THE ORIGIN of the Central Bureau of Investigation (CBI) can be traced to the Special Police Establishment, which was formed in 1941. It was the time when huge amounts of public money were being spent on World War II, and there was tremendous
- Martyr’S Father Holds His Own ‘kargil Divas’ (Indian Express, Rakesh Sinha , Jul 27, 2003)
His son’s been gone four years. But there’s not a day when he doesn’t speak to him, turning to his picture and cracking jokes, filling him in with all that’s happening at home. But this morning, Prof S.K. Nayyar rose early. He was in a hurry: His son,
- 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 ...
- A Welcome Relief (Hindu, Correspondent or Reporter, Jul 25, 2003)
THE SUPREME COURT has played a vital role in easing, and possibly bringing to an end, the highly undesirable situation that has developed on the ground in Tamil Nadu. This situation reflected the standoff between the State Government and about ...
- 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
- 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.
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