The Hindu Business Line : Wednesday, November 26, 2003

Purposeless visit
POLITICAL analysts and media commentators are at a loss to figure out the exact reason why the British Prime Minister, Mr Tony Blair, chose this particular time to invite the US President, Mr George W. Bush, to come ... More

PENSION PLANS

Shake-up of pension market will make for better public finances
The financial difficulties in administering unfunded public pension programmes appear to have rendered the current system ineffective and unsustainable, further emphasising the need for a structural and lasting change. Pension funds such as insurance funds could help improve the long-term sustainability of public finances and play an important role for the development of capital market, especially the long-term debt market. More

EDITORIAL

Tansi judgement
IT WOULD APPEAR that the Supreme Court disapproves morally of the act of the Chief Minister of Tamil Nadu, Ms Jayalalithaa, in dealing in the land belonging to a State Government undertaking even as it acquits her of all charges of legal wrong ... More

ECONOMY

Leverage the appreciating rupee
THE measures announced by the Reserve Bank of India recently aimed at making it difficult for companies to access foreign funds through the ECB (external commercial borrowing) route indicate that the central bank wants ... More

POLITICS

Politics of drought favours Gehlot
ALMOST all opinion polls have placed the Congress(I) in a pretty comfortable position in Rajasthan. In the villages around Jaipur and Ajmer that this correspondent visited, the Rajasthan Chief Minister, Mr Ashok Gehlot, ... More

SUGAR

A bitter cup for sugarcane farmers?
The Centre has set up a committee to study the sugarcane pricing situation. While appointing the panel was a good idea, the committee itself seems to have a weak structure, with mills and farmers finding no representation. Nor does the panel have a w atertight plan of action to find a solution acceptable to all interests, says Sharad Joshi. More

FINANCIAL POLICY

ECB curbs — A clichéd approach to tackling forex riches?
ABOUT a decade and a half ago, three of us were invited to conduct a foreign exchange training programme sponsored by the central bank of a West Asian country. Some of the speeches at the inauguration were in the local ... More

FINANCIAL MARKETS

Cut loss: A tool for risk management
In the securities market, many dealers do not practice cut loss either because of a lack of awareness of the risk management aspect of this concept or the traditional fear of crystallising loss (applicable mainly to public sector financial institutio ns). More

LETTERS

India's ranking in Digital Access Index

Shippers' woes

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