COLUMNS
OFFHAND
Law's course
THERE are two memorable legacies the former Prime Minister, Mr P. V. Narasimha Rao, has left for the Indian polity. One was the opening of the Indian economy with the able assistance of his Finance Minister, Dr Manmohan ...
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WIDE CANVAS
`You name it, we will make it'
The statistical profile of Taiwan's achievements in recent times has been, to say the least, impressive. In macro terms, GDP has risen from $1.6 billion in 1952 to $48 billion in 1982 to $281 billion in 2002. With a population density among the highe st in the world (the island's population is 23 million), the per capita income has risen from $196 to $2,819 to $12,572 over the same period.
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ON THE MOVE
Dredging can bring up big business for Indian flags
The national dredging sector feels that the Government, considering the huge payout involved in dredging, should reserve the sector for the national flag and the Indian companies must have at least 76 per cent equity stake in any dredging venture.
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A RINGSIDE VIEW
Negative sentiment prevails on pivotals
Most interesting part of the game is that FIIs, who have come in recently, have been the buyers.
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MUTUAL CONFIDENCE
Raising the level of awareness
AT 35, Shome Mukherjee is like any other smart urbanite acting his age, willing to experiment a bit with his investments. He is, as he openly admits, heavily into what is popularly known as the `accumulation' phase of his investing career. But ...
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ADR WATCH
VSNL in limelight
THANKS to the strong showing by steel major Nucor Corp, the US markets ended last week on a positive note. As a result, last week the S&P 500 rose 1.1 per cent; according to Bloomberg data, the broad-based index gained 6.1 per cent so far this ..
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VISION 2020
Victims of insularity
Naxalites, and defiant leaders of Kashmir and the North-East complain that government has kept them poor. In truth, they are poor not because the government has given them too little but because they have had no vision. They are insular; they do not want to be in the mainstream. They are unaware of how the world has changed. They know how to make headlines but not how to make bread and certainly not how to make butter, says P. V. Indiresan.
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SAY CHEEK
Confusion in the conscience
CONSCIENCE. What a loaded word it is, because it is all about right and wrong, about ethics and principles. But that doesn't daunt Steven D. Smith from writing a research paper, titled `The Tenuous Case for Conscience,' as part of the ...
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ERRORS & OMISSIONS EXPECTED
Bails are not failsafe
ON www.channelnewsasia.com a top story reads, "Indian PM rehires minister dismissed over mob killings." India's `clogged legal system' where `cases can drag on for years' has granted the out-in ...
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COMING TO TERMS
Labouring for nine, you brother mine
MORE than the markets, it seems the brothers have to come to terms with each other, because the past days' news hint that the clash in the Ambani clan may head to the courtroom. Brother is "a male who has the ...
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AMERICAN PERISCOPE
A big deal in US retail
While the recent announcement of the Kmart and Sears combine has raised speculation as to whether the store would be an effective challenge to Wal-Mart, the more relevant question is whether it should even try and challenge the retail giant. The answ er is, `no'. Instead, the new combine should carefully segment the retail market and find attractive niches that it can exploit.
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