The Hindu Business Line : Tuesday, February 17, 2004

EDITORIAL
Beyond the circle
THE LONG-AWAITED CONSOLIDATION in the mobile telecom sector through intra-circle mergers and acquisitions is a step closer to reality with the Department of Telecom accepting the regulator's guidelines on this. The Telecom Regulatory Authority of ... More

ECONOMY
The end of development finance
Recent months have seen a series of events that spells the end of the era of development banking in India. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh discuss why this was an inevitable fallout of the proce ss of financial liberalisation. More

The Sun rises in East, again
After the economic sunset of the East in the 18-19th century, it is rising again in this part of the world. More and more people are veering round to the opinion that the future of the world lies in the East, especially India and China, though the pr oblems confronting this part of the globe are immense, says Paranjoy Guha Thakurta. More

POLITICS
The truth about lies
THE elections are upon the country and surely the people will be promised the moon. But how much of it all will come true? Thereby hangs a tale. For, scientists have reached the conclusion that, after intensive ... More

TAXATION
Declining deficit-GDP ratios: Untold story of numbers
The tax-GDP ratio for the next fiscal is estimated at 9.7 per cent; given the fact that the already pronounced cut in the taxes would not improve the tax collection this appears an overestimation. More

LETTERS

Book building

Coin surplus

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