The Hindu Business Line : Monday, October 27, 2003

Finding funds for drug R&D
THE STRENGTH OF the Indian pharmaceutical industry can be traced to a facilitatory role played by the government three decades ago when patent laws were amended to nurture the domestic drug sector. Few, at that time, would have foreseen the ... More

AIRLINES

Bonanza for the flying public
There can be no two views on the fact that the new open skies policy taking shape will be of great help to the flying public through lower fares and higher efficiency in inflight services, baggage handling, and more convenient connections. More

ECONOMY

The future of the `BRIC' group — Brazil, Russia, India and China will come into their own
A recent Goldman Sachs report has forecast that Brazil, India and China together with Russia (BRIC) will outstrip the current dominant members of the global economy within half a century. It will be heartwarming if the BRIC nations turn out to be aff luent in the way the report forecasts, and particularly if they co-exist and flourish with the current occupants of the economic high ground. More

FOREX

Management of India's forex reserves
It is a matter of pride that India has moved from being a country that faced a BoP crisis to one that has official foreign exchange reserves of nearly $90 billion. The RBI has done an admirable job of managing the country's external liquidity and de bt position, but it cannot behave like a fund manager. That could trigger unwelcome movements and, thus, discretion of the highest order is called for, says V. Anantha Nageswaran. More

POLITICS

Wanderlust
THE Prime Minister is already becoming the butt of cartoons making fun of his visiting India occasionally in the midst of his travels. Most of his Ministers, and other VIPs down the line, too find the urge to take off ... More

SHIPPING

Promoting coastal shipping — To take the load off road and rail
Coastal shipping is all set to come into its own, with coastal cargo movement forming a major link in the proposed Sagar Mala project. A recent TCS report says a key factor in the project's success will be the development of infrastructure at the nin e minor ports on both the coasts. More

TRAVEL & PLACES

Wanted, Tirupati management in Karbala
`You cannot help marvelling at the manner in which the queues at Tirumala are managed. Not only are the pilgrims regulated, the Tirupati Tirumala Devasthanam management uses the money pouring into the hundis for creating more facilities for them.' More

MANAGEMENT

The imperative fractal journey
To the degree that an organisation centred at the physical level can call on attitudes and strategies from higher levels in the fractal journey, it will function more successfully than an organisation that perceives and acts solely from a brick-and- mortar perspective. More

LETTERS

Pricing policy for sugarcane

Moral code

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