The Hindu Business Line : Tuesday, October 07, 2003

Issues of autonomy
THE CALL BY Dr Bimal Jalan, the immediate past Governor of the Reserve Bank of India, for autonomy for the RBI to be put in place through consensus, rather than statute, has a beguiling quality about it. After all, a statutory instrument for ... More

FOREX

Asian currencies: New global scapegoats
America's twin deficits, many economists fear, would lead to a collapse of the dollar and global recession. In their desperation to find a solution, they have turned their attention to Asia, with the demand that governments, especially the Chinese Go vernment, should revalue exchange rates, so that adjustment in the US would be smooth and growth would be triggered in Europe and Japan. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh assess this effort to fin d new whipping boys to conceal American sins. More

RIB redemption — Mere blip on rupee radar
THE redemption process for the Resurgent India Bond is underway. A sum of $5.5 billion will be available for banks to mobilise as deposits. In this connection, the State Bank of India, Union Bank and Punjab National ... More

DISINVESTMENT

Don't split Indian Oil Corporation
In the Government's hurry to show success in privatising oil companies, the larger objective of disinvestment seems to have been lost sight of. Is the aim to free PSUs from government control? Or to raise resources to fill the dwindling exchequer? Th is is something the government and Mr Shourie need to think about, particularly in the case of Indian Oil, says Raghuvir Srinivasan. More

TRENDS

Retirement blues
OVER the months, by sheer coincidence, I happened to read articles titled "Retirement Blues", "The trauma of retirement" and "Retire and Rust"? Which boiled down to S. Syndrome (superannuation syndrome), a recent ... More

LETTERS

Government audit

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