The Hindu Business Line : Wednesday, August 18, 2004

EDITORIAL
Shadow-boxing in BPO taxation
THE LATEST DRAFT circular on taxation of business processes outsourced by a non-resident entity is disappointing. Even as a draft, the document, issued by the Central Board of Direct Taxes (CBDT), was expected to crystallise official thinking on ... More

ECONOMY
Inflation overhang — No room for complacency
Despite warning signals, the RBI did not see any immediate effect of the high money supply on inflation, little realising that there is always a time lag between the burgeoning of money supply and rise in the rate of inflation. How the Government wil l steer the economy away from the danger of price instability remains to be seen, says B. S. Raghavan. More

PETROLEUM
Capacity constraints keep crude prices high
DESPITE supply well above demand, the lack of spare production capacity to take care of any demand spikes or supply disruptions continues to keep oil prices high. Prices are likely to stay strong in the short term ... More

POLITICS
Caesar's wife
IT WAS frankly surprising to find a number of civil society organisations joining the National Advisory Council (NAC) constituted, with Ms Sonia Gandhi as the chairperson enjoying the status of a Union Cabinet Minister, ... More

WTO
WTO framework for global trade — Farm sector can grow without subsidies
All direct farm subsidies given by developed countries to their farmers, as opposed to multi-purpose subsidies, should be clearly identified and targeted for elimination within a specified time-frame. More

PEOPLE
The stuff of life: Crick's legacy
LAST month, Francis Crick, who helped discover the structure of deoxyribonucleic acid (DNA), died of colon cancer in San Diego, US. Crick and his colleague James Watson are to life-sciences what Edmund Hillary and ... More

LETTERS

Empowering the commodity economy

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

Pick a Winner Stock Market Contest

GTB turnaround in 12-18 months: Narang

VSNL to launch low-priced broadband service

Indian retail sector most fragmented: Study

Pulses output hit as cultivation shifts to marginal areas — Output unlikely to exceed 13 mt this year

Inflation overhang — No room for complacency

Capacity constraints keep crude prices high

Looking back
Aug. 8-Aug. 14
A product to trade views on inflation

Tight world oil market ahead

`Engaged employees'

WTO framework agreement: No cause for celebration

Tyre stocks race ahead on price increase hopes

Rather than reservation in private sector
Make them entrepreneurs instead

Pakistan plots return of Taliban