The Hindu Business Line : Monday, February 07, 2005

Cranking the power reforms
THE UNION CABINET'S approval last week of a National Electricity Policy affirms its commitment to reforms in the power sector. Drafting the policy and getting it approved by all stake-holders is, of course, just the first step in implementing the ... More

ECONOMY

RBI's survey of State finances — Lessons for the 2004-05 budgets
A recent RBI study analysing State budgets and highlighting the trends in overall fiscal indicators shows that the stresses have increased in 2003-04, and suggests ways in which they can be alleviated. More

How about this Dream Budget?
With the Budget season upon the country, P. V. Indiresan presents his own dream version that he says will make money for the government and yet offer better service to citizens. More

ENVIRONMENT

Euro versus Bharat norms
THE recent news that Maruti Udyog has rolled out Euro-III compliant cars is a welcome sign that the automobile industry is catching up with the global standards. Euro-III is nearly equivalent to Bharat Stage-III, which ... More

POLITICS

US and Iraq: Who owes whom?
It is intriguing that nobody seems to have worked out how much the US and its allies owe the people of Iraq for having caused, according to none other than the United Nations, the deaths of several hundred thousand Iraqis through the imposition of ex tremely harsh sanctions. More

Ukraine democratically moves West
PEOPLE with time to count report that the US President, Mr George Bush, mentioned `freedom,' `free' and `liberty' 49 times in his inaugural address to the nation on January 20, when he took the oath of office for his ... More

SCIENCE & TECHNOLOGY

Year of Physics
THE UN has declared 2005 as the World Year of Physics in commemoration of the first path-breaking paper published by Albert Einstein in 1905 on the electro-dynamics of moving bodies. He was barely 26, with not a very ... More

DERIVATIVES MARKETS

Commodity derivatives — An alternative hedge
Commodity derivatives will enable banks and mutual funds gain exposure to alternative investments. Exposure to commodity-linked products will increase a portfolio's risk-adjusted returns. More

LETTERS

Tax collection

EPF rate hike

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