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Friday, April 02, 2004

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OPINION

FOREIGN RELATIONS
Friends of India
HISTORY of sorts was made in the US Capitol when 20 Senators from both Republican and Democratic Parties came together under the banner of "Friends of India" to promote goodwill and understanding between the two ... More

EDITORIAL
Sustaining the growth
CYNICS ARE PRONE to dismiss the 10.4 per cent GDP growth recorded in the third quarter of 2003-04 as being largely due to the munificence of the rain-gods. They are partially right. Agricultural production soared by 16.9 per cent in ... More

ECONOMY
Strong rupee, stronger growth
The orthodox view has been that India could do better as an exporting nation than its Asian rivals by allowing its currency to decline. But, unlike Asia's tigers, the Indian economy depends on domestic consumption to sustain equitable and widesprea d growth. The impact of the rising rupee on the affordability of basic goods would be significant, especially by those at the bottom of the purchasing power pyramid. By so doing, it would make growth more equitable, says G. Ramachandran. More

FOREX
Strong dollar keeps the US rich
MUCH OF the world was taken by surprise when the US began to let the dollar skid sharply last year against the world's major currencies. The official American argument was that this was necessary to bring down the trade ... More

HEALTH
Act against TB and HIV, now
TB is thought to be responsible for one in three AIDS deaths worldwide. TB and HIV co-infection can happen anywhere in the world, but it hits hardest in poverty-afflicted areas with limited access to adequate health services. Seventy per cent of the cases of TB and HIV co-infection are in Africa. More

MANAGEMENT
There's a better way to do business
The most successful enterprises in the 21st century will be ethically exemplary and socially-sensitive corporate citizens. The engines of growth will be the enduring values and relationships that self-actualised employees will generate with customers , suppliers, and other stakeholders. More

FINANCIAL INSTITUTIONS
Beyond institutional marriages — Real issues in infrastructure financing
There is no denying that infrastructure development is the need of the country today. Any move that ensures enhancement in the quality and timing of infrastructure financing would, therefore, be welcome. If it is just any other financing, the State B ank of India seems the best suited to carry on the sacred tradition. But infrastructure financing requires specialised skills and financial instruments. Is the SBI equipped for the foray? More

LETTERS

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