The Hindu Business Line : Wednesday, January 14, 2004

EDITORIAL
A pep to air travel
IT IS FUNNY how a tax sticks on to the statute books even after it becomes out of date or irrelevant. The Inland Air Travel Tax is an example of an impost that should not have been around this decade. It had been imposed as a fuel surcharge ... More

ECONOMY
Technical change and economic welfare
ECONOMISTS today conventionally assume that new technologies necessarily improve the lives of those who are willing to pay money to purchase the products or process that embody them. The conclusion follows from their ... More

Economics of soft interest rate regime
A reduction in interest rates is usually expected to reduce savings. But this is not necessarily true. A lot depends on the motivation behind savings. Alok Ray on how the falling (and low) interest rates have affected consumption, savings, i nvestment, rate of growth and distribution of income. More

It makes economic sense to cosy up to China
CHINA has replaced the US as the main propeller of Japanese trade recovery and has, along with East Asia, become a significant contributor to world economic growth. In this context, should not India look to the East, ... More

POLITICS
Lok Sabha in 2003: Year of poll reforms, confidence motions
Politically, the two watershed events of the 13the Lok Sabha were the confidence motion, expressing trust in the National Democratic Alliance Government and the no-confidence motion moved against the government. More

Vantage BJP
SO, India's voters will never have it so good, what with party leaders and cadres from the Prime Minister down wooing and courting them by taking recourse to every method and means in the coming months. The NDA ... More

INTERVIEW
`Urban infrastructure, the real challenge'
As Managing Director and Chief Executive Officer of the Infrastructure Development Finance Company (IDFC), Mr Nasser Munjee, has his pulse on infrastructure development in the country. A monetary economist, educated at the University of ... More

LETTERS

Landmark judgement

Timely warning to investors

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

RBI caps FIs' investment in debt papers at 10 pc

Rose exports begin to bloom in Europe, Japan

Gem & jewellery exports rise by 22.26 pc

Hardware sector set to grow at 30 pc

India among top Asian nations in C&S industry

Small hospitals want to be rated big

Looking back
Jan. 4-Jan. 10
Reform labour laws, now

The perils of private food export