Financial Daily from THE HINDU group of publications
Wednesday, January 07, 2004

Cross Currency


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The Great Thaw
AS EXPECTED, THE SAARC summit in Islamabad became a show of India-Pakistan entente. Such concrete steps as the progress on the SAFTA (South Asian Free Trade Agreement) treaty were overshadowed by the Prime Minister, Mr Atal Bihari ... More

Hare and tortoise
THE old fable of the hare and the tortoise is being played out before our eyes, it seems. Ever since India liberalised, it had been fed with a heavy dose of inferiority complex with reference to China. It was assumed ... More

Is free trade good for the environment?
ONE of the most contentious issues surrounding globalisation is the concern that free trade hurts the environment, both locally and globally. The classic argument for free global trade is that it is efficient for ... More

Interlinking of rivers: Ripples of concern
NEVER before has any proposal won the unstinted support of the apex court, the first citizen and the chief executive of the country all at the same time. With this unprecedented backing, the Government has pressed in ... More

Shakespeare plays with economics
"NO HUMAN capacity ever yet saw the whole of a thing, but we may see more and more of it the longer we look," said Ruskin. This was internalised by Mr Frederick Turner, the Founder Professor of Arts and ... More

Agreement on Agriculture — Confrontation among superpowers
WTO negotiations are battles between and among nations, and their groups, with countries like the US inclined simply to ignore the mandate of the international trade body, as has happened with the Byrd Amendment repeal. But the boot may be on the oth er foot, going by the alacrity with which American beef has been banned by many nations at the first hint of detection of mad cow disease in the US, says Sharad Joshi. More

Flying kites and soaring fortunes
THIS is the kite-flying season in Gujarat and coming right after the Navratri Global Investors' Summit of September 2003, the State is readying for yet another business summit of the Vibrant variety. But, then, vibrancy ... More


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