The Hindu Business Line : Wednesday, February 16, 2005

The limits of restructuring
LARGE WORLDWIDE CORPORATES, a relatively recent species in human history, have drawn traditionally on two ancient models for their structure: The imperial armies and the Church. Armies and churches have thrived on unquestioned discipline, ... More

BUDGET

Budget: Flying and sitting ducks
Budget means taxes. Every one looks at the Finance Minister to see if he escapes or falls into the net. But it is inherent to the system that some willy-nilly pay taxes — the salaried class — while others get away. The challenge is to tur n more of the latter into former, says S. Murlidharan, making some suggestions in that direction ahead of Budget 2005-06. More

FOREX

The dollar dilemma — Is US current account a global responsibility?
THE US Treasury Secretary, Mr John Snow's remark that the "US current account deficit is a shared responsibility" has thrown open a debate on what and how much should the global central banks do in the current ... More

TRENDS

Killers for hire
SANKARARAMAN, manager of a Kancheepuram temple, Aladi Aruna, former DMK Minister, Paritala Ravi, MLA of Telugu Desam are but a few of the recent victims of killer gangs who had been hired by their enemies to liquidate ... More

LETTERS

Poverty issues
This is with reference to the article "Is poverty the best policy" (Business Line, February 12). It is said that the author of yesteryear, Rudyard Kipling, while lecturing to the elite in a university, said that they would understand ... More

HDR trend
According to the Human Development Report 2004 (HDR 2004), India ranks 127 among 177 nations of the world. Norway tops the list with per capita gross domestic product 14 times that of India. This is sad, to say the least, when our financial ... More