Financial Daily from THE HINDU group of publications
Friday, September 17, 2004

Cross Currency


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Byrd Amendment — The politics of US trade
The Byrd Amendment, which directs the US Government to distribute the collected anti-dumping and anti-subsidy duties to the companies that brought the cases in the first place, is incompatible with the WTO rules. The Amendment has not been rescinded despite several hits. Also, there was no doubt about its adverse economics since its inception. Given the growing nexus between the US politicians and business, it may be a miracle if the Amendment is modified, says K. Subramanian. More

Excise goes up in smoke
THE SUPREME COURT verdict on the excise dispute between the cigarette major ITC and the Government has only underscored the point that in commodities with a high rate of taxation, as is often the case involving goods such as cigarettes whose ... More

Freeing up interconnectivity — Major challenges to TRAI
There is a growing feeling among industry-watchers that the light-handed approach of regulator in forbearance of tariffs has to be matched with a firm regulatory compliance and enforcement. More

They're jamming the brakes when Montek's pushing the pedal
EXCEPT serious economists, there were very few who even knew what "Plan" was currently running. Many had lost count of the Five-year Plans till there were noises recently that outsiders had infiltrated into the Planning ... More

Linking rivers
WITH admirable perseverance, the Founder-President of the Makkal Shakthi Eiyakkam (People's Power Movement), Dr M. S. Udayamurthy has convened an All-India Convention on "Re-engineering India by linking her rivers" at ... More

Counselling in the corporate context
THERE is an increasing awareness of people issues — on the same level as financial, marketing, or manufacturing agenda — in the current commercial and industrial management situation. Counselling skills are ... More

`Big success comes from sound policies, well applied'— Sir Nicholas Stern, Director of Policy Research, British PM's Commission for Africa
IT IS rare to find an economist without parochial postures and rarer still to get one steeped in Western education and part of the developed world yet critical of the unjust global economic system that perpetuates ... More


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