OPINION
EDITORIAL
Trading with Bangladesh
THE COMMERCE MINISTER, Mr Kamal Nath, was nothing if not over-optimistic when he told his visiting Bangladeshi counterpart, Mr Altaf Hossain Choudhury, that a trade turnover target of $5 billion (now, $2 billion) between the two countries can be ...
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CORPORATE
Shareholder of an unlisted company — tough luck!
FOR DESERVING entrepreneurs, India has remained a capital-starved nation despite enough capital floating around in the system. It is a classic case of `water everywhere but not a single drop to drink'. The financing ...
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ECONOMY
Fed chief weighs down on the dollar
The dollar's attempted rebound last week was killed by the Federal Reserve Chairman, Mr Alan Greenspan, arguing that the world would not indefinitely finance the American current account deficit. He did not offer any explicit remarks on the dollar bu t his words seemed to imply that he favoured the greenback's weakness as one way of re-adjusting the global current account imbalance, says V. Anantha Nageswaran.
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Reflections on India's balance of payments — Use the surplus for essential investments
ONE of the positive aspects of India's macroeconomic landscape post-reforms has been the dramatic improvement in the external account. Economic policy-makers used to proudly announce that India's forex reserves have ...
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MUTUAL FUNDS
A style statement for mutual funds
TEMPLETON Mutual Fund proposes to launch a fund that will invest in stocks without restriction on market capitalisation. The fund can, hence, construct a portfolio depending on the market condition. It may, for ...
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POLITICS
No to politicians
AS A survey, it is not earthshaking nor unusual. Such surveys are hardy annuals, and hold no startling discoveries. They only prove the age-old adage: The more things change, the more they are the same. But still, they ...
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When religion ends, politics begins
A simple prayer that often tags onto many a vedic ritual reads: "Asatoma Sadgamaya, Tamaso Ma Jyotir Gamaya, Mrityor Ma Amrutam Gamaya." It translates to: "Lead me from the unreal to the real; from darkness to light; from death to ...
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FOREIGN DIRECT INVESTMENT
Why China wins the FDI race
MUCH hope is being placed on the Investment Commission — the newly approved foreign direct investment promotion body — and reforms in the telecommunications and insurance sectors to enhance FDI flows into ...
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LETTERS
A comprehensive public policy
Conscience vs job security
Newly taxable services
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