Financial Daily from THE HINDU group of publications
Tuesday, August 31, 2004

Cross Currency


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Tariff treat for cell users
ROUND TWO OF the mobile tariff war has just begun, and it promises more fireworks than the previous one. Two weeks ago, when Reliance Infocomm fired the first shot by reducing pre-paid tariffs by 40-60 per cent, it may not have bargained for such ... More

Political economy of budgetary reform
THE Kelkar Task Force, set up by the then Finance Minister, Mr Jaswant Singh, was supposed to focus exclusively on Budetary reforms. Not on the reform of the economy as a whole. The `recommendations' of the Task Force ... More

Reforming governance — Implementation should be the new mantra
India must create momentum to build and sustain commitment for implementation. Let the gap between knowledge, planning, policy and actions be bridged. More

US elections, a billion dollar game
A FORMER Ohio political boss and Senator Mark Hanna is said to have remarked in 1895: "There are two things that are important in politics. The first is money and I can't remember what the second one is." In 2004, he ... More

Will Indian steel go abroad?
Any attempt to artificially depress the local price will divert steel to the international market. More

Empowering States to tax services — Is Kelkar's grand bargain realistic?
Kelkar's Task Force proposes a `grand bargain' whereby States will have the power to tax all services concurrently with the Centre. At the same time, they would be required to abide by certain principles governing the rate structure. Will the `grand bargain' be translated into reality to achieve the objectives set by the Fiscal Responsibility and Budget Management Act, asks T. C. A. Ramanujam. More

Centrality of innovation for banks
THE increased volatility in recent years suggests a torrid pace of development. Such contextual changes received an impetus through increasing integration of the productive process, rapid technological advances, ... More

The name of the rose
UMBERTO Eco, the great Italian novelist and semiotician, wrote in 1983 a murder mystery titled The Name of the Rose. The story, set in the 14th century, is replete with intrigue, murders, conflicts, and even has ... More


  • Fertiliser reforms
  • Bank merger

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    Looking back
    Aug. 22-Aug. 28
    Energy security — Devise alternative strategies on war footing

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    Reservation in the private sector — A rational, ritualistic placebo

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