Financial Daily from THE HINDU group of publications
Saturday, June 21, 2003
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OPINION

FOREIGN RELATIONS


India-Pakistan dialogue — On perilous peace path
India and Pakistan have just begun a long, difficult journey towards commencing a meaningful dialogue. But they should move with circumspection and caution, without blowing the horn loudly or too often. For, the road to India-Pakistan normalisation h as historically been accident-prone, says G. Parthasarathy. More

EDITORIAL


A rev-up for divestment
IT IS THE best thing that could have happened to the tottering privatisation programme of the Government. The tremendous response generated by the offer for sale of government equity in Maruti Udyog should revivethe gasping privatisation ... More

POLITICS


Time for introspection
THE BJP's chintan baithak — the second in eight years — hardly promises to be one of those events where the destiny of the nation will be settled one way or the other. On the other hand, the meeting could turn out to be rather ... More

Drawing the electoral battle-lines
The Assembly elections in the Hindi belt are seen as crucial in the run-up to the 2004 Lok Sabha polls, especially for the principal contenders — the BJP and the Congress (I). India, it seems, has slipped into electoral politics which rules out fiscal tightening and reforms in the two years ending March 2005. More

TAXATION


Satanic guide to evasion
T. C. A. Ramanujam argues in favour of banning the book that talks of how to generate and protect black money More

The price of refunds
DR C. RANGARAJAN observed recently that a substantial portion of government borrowings is being used to finance current spending and that current expenditures unfailingly exceed the revenues through tax collections. This is indicative of a ... More

Hardly soft
Mohan R. Lavi on a recent case of a software company that came up before an I-T Tribunal More

Notional versus actual in forex deals
There should be greater clarity on the tax treatment of gains and losses arising out of exchange rate fluctuations in foreign currency transactions, says R. Anand More

A hurdle before the disabled
Sunnykutty Thomas on how the law factors in income-earning capability in gauging disability More

ECONOMICS


What is so good about bureaucracy?
NOBODY likes bureaucracy, which literally means office rule. Pronounced byoorókrsee, it is the administrative system, populated by a hierarchy of paid officials, especially in a government, and is characterised by a body of frustrating ... More
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In Focus
SARS scare
The Cable tangle
Pakistan Diary
Indo-Pak Monitor
Indo-China Relations
Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collection
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Jun. 8-Jun. 14
Prodding the economy into a trot

Creating history

Middle-class is not necessarily the decisive voter


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