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Editorial
May 16, 2012

Lifeline for insurance

The Centre has decided to defer an increase in foreign direct investment (FDI) limits for insurance companies from 26 to 49 per cent. In doing so, it appears to have given in to the arguments made... »
Opinion
May 16, 2012

Iron ore export duty should be rolled back

Captive mining has led to limited resource exploration. The hike in export duty on iron ore in two phases in 2012 will have severe implications for the iron ore industry. In the first phase, duty was raised to a flat 20 per cent ad valorem on lu... »
Opinion
May 16, 2012

No need for housing mortgage guarantee

According to some reports, efforts are on to float a mortgage guarantee company, and the National Housing Bank is taking the lead in it. The proposed new company will be a joint venture consisting... »
Opinion
May 15, 2012

RBI's forex order is unfair on MSMEs

MSMEs do not indulge in currency speculation. The Reserve Bank's directive, that all foreign exchange earners can maintain only 50 per cent of their inward forex remittances in Exchange Earner's Foreign Currency (EEFC) account (with t... »
Opinion
May 16, 2012

End of an era of cheap telephony?

So far, telecom has been a success story. But all that might change. In 1994, when for the first time a National Telecom Policy, (NTP) was announced, telephone density in India was 1 phone per 100 people and a year's telephone service would cost Rs. 10,000, exactly... »
Opinion
May 15, 2012

The 110 KV bolt from the blue

One of the successful traits of a boss is his/her sharp-wittedness and the ability to remain cool when pushed to a corner, think out of the box and exploit the situation to his/her favour. »
Opinion
May 14, 2012

Iran oil and the insurance factor

Two recent developments seem to have given a glimmer of hope and relief to Indian tanker owners, who were worried over the European Union ban on providing insurance to Iranian oil cargo. One, repor... »

Growing differences in state per capita incomes

Regions with a greater spread of large capital in organised activities — such as the western and southern regions, which include Maharashtra and Tamil Nadu — showed more rapid growth in per capita incomes The period of economic liberalisation has been marked by growing differences in per capita incomes across States, although the trend has varied ... »

Europe stands by its farmers

Europe is unwilling to bow to pressure to cut support to agriculture. »

Never mess with the market

The Government must desist from making meaningless assertions like ‘KG basin gas is a national asset’. It would be both in the interest of producers and consumers to allow market forces to decide the price of a natural resource. Instead, the Government distorts the situation, as in the case of the KG basin, by playing God. »

Row over cartoon in NCERT textbook

Let me quickly disclose where I stand on the row that erupted in Parliament over the inclusion of Shankar's cartoon of 1949 in a text book for 11th class students published by the National Council... »

May 16, 2012

Black money lobby

This is in response to the news of rollback announced by the Finance Minister in new Finance Bill provisions. It is sad that the FM does not seem to be serious about curbing  generation of bl... »
May 14, 2012

Obsessed with Basel III

This is with regard to ‘Basel III could trigger recession' by Mr K Kanagasabapathy “(Business Line, May 11). The new guidelines are far above what is required even under Basel III guideline... »
May 11, 2012

Spare the small players

The RBI's recent mandate wanting exporters to convert 50 per cent of forex earnings to rupees cannot be applicable across the board. While the RBI's move is to increase dollar liquidity in... »
May 9, 2012

Incomplete SEZ

This refers to the article ‘SEZs as gated communities' (Business Line, May 9). Despite the fact that a proposed Special Economic Zone was started in Nanguneri in Tirunelve... »
May 7, 2012

Export policy

The suggestion to implement a sensible policy regarding export of farm produce in the editorial, “Export control Raj” (Business Line, May 5), is most appropriate. Whenever one reads... »
May 15, 2012

Basel-III requirements

It appears to be strange logic that “Basel-III could trigger recession” (Business Line, May 11). Financial crises most of the time arise because of the failure of bankers to carry o... »
May 13, 2012

Eroding credibility

Recent developments relating to Air India do not augur well for the national carrier. Some tough measures have to be taken to redeem lost credibility and bring the carrier on track. The wo... »
May 10, 2012

Retrospective law

The Lok Sabha has passed the Finance Bill without any change or modification on ‘retrospective effect' in the Vodafone case. How can the company be asked to pay taxes with interest and pen... »
May 8, 2012

Free play of competition

This refers to “Making competition bite” (Business Line, May 7). What the CAG is doing with the present government, the Competition Commission of India (CCI) is doing with companies... »
May 6, 2012

Fighting corruption

The moot point has been deftly driven in the article “A corrupt elite is slowing India” (Business Line, May 5 ). It has suggested that if the government is really serious... »

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