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Saturday, December 04, 2004

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OPINION

EDITORIAL
Sweet ideas
THE COMMITTEE ON Revitalisation of Sugar Industry, headed by the Food and Consumer Affairs Secretary, Mr S. K. Tuteja, deserves to be complimented for examining well the issues impacting the sector and making recommendations to rejuvenate it. ... More

FOREX
US dollar: Hard landing ahead?
Unless the US government changes its profligate policies, a big fall of the dollar is a real possibility. The US budget deficit this year is put at $430 billion and is expected to exceed $1 trillion by 2010. Asian governments, which are largely finan cing this deficit, face a dilemma: If they switch to other currencies a crash of the dollar can be triggered and erode the value of their reserves. But if they let the US go its extravagant way, eventually the dollar will collapse and they would be s eriously injured, says Alok Ray. More

INFORMATION TECHNOLOGY
Down with bandhs!
THIS is a critical time for West Bengal, particularly Kolkata, which is in the middle of a campaign to restore its old image of being a progressive metropolis, leading the nation from the front. The good thing about ... More

TAXATION
Dogged by differing definitions
Lack of credible information can hamper VAT implementation, says Sukumar Mukhopadhyay More

Woody, ill-seeming, thick, bereft of beauty
THERE are at least two views on `visual appeal'. Thus, according to some, you can see beauty if only you see right, while for others, it is too superficial to talk about. "I'm tired of all this nonsense about beauty ... More

Advances on the MAT
R. Anand on a recent Tribunal decision about sequencing credits in interest calculation More

When attachment causes misery
T. C. A. Ramanujam on the limitations of garnishee proceedings More

BOOKS
The key institutional weaknesses
AT THE third `ASEAN + India Summit' held in Vientiane, a few days ago, there was talk of `deepening' of the `partnership'. Besides the predictable rhetoric of how "the pluralistic and multi-cultural nature of our ... More




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