The Hindu Business Line : Friday, May 03, 2002

Floating rates
THE RBI'S EXPLANATION for the failure of banks to reduce lending rates despite steep reduction in yield rates on government securities and easing up of reserve requirements on the banking system is flawed on at least one count. It has attributed ... More

ECONOMY

Back to reality
AT the end of summer holidays or business abroad, we have to return to the harsh reality. We cannot help but compare the progress of foreign countries with the lack of it in India. Forget the West, it is an aeon or two ahead of India. The East is ... More

POLITICS

Constitution Review Commission -- No-confidence motion?
THE VAJPAYEE Government's motive to appoint a commission to review the Constitution was questioned even when the NDA released its election manifesto for the 1999 Lok Sabha elections. Made public with great fanfare by Mr Atal Bihari Vajpayee, then ... More

Who is secular?
THE burning issue of Gujarat has stoked the embers of the eternal debate on the precise interpretation of secularism. It was the pet concept of the first Prime Minister of India, Jawaharlal Nehru. But, for some unexplained reason, he did not make ... More

POWER

Power sector reforms -- Focus on financial discipline
REFORMING the power sector is one of the most difficult challenges to public policy-making in the country. The ills plaguing the sector — distorted tariff structure, high technical and commercial losses and shortage of resources — are ... More

INTERVIEW

`Peace is difficult but reforms may be tougher' — Mr Milinda Moragoda, Sri Lanka's Minister
THOUGH it is sincerely and serious pushing ahead with the peace process, "without very high expectations and being realistic that we may encounter obstacles along the way", the Wickremesinghe Government realises that economic reforms are ... More

LETTERS

Little credit in policy

Bailing out UTI

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