The Hindu Business Line : Monday, February 21, 2005

Nepal: An Indian faux pas?
THE Government of India has reacted in a knee-jerk fashion to the developments in Nepal. It has issued a strong statement condemning the action of the King in dismissing the Cabinet and imposing an emergency. To express ... More

EDITORIAL

Running low on wagons
SUDDENLY EVERYONE SEEMS to have woken up to wagon shortage as if the crisis has happened overnight without the knowledge of the mandarins in the Rail Bhavan. If anything, the shortage is one of the prominent problems of the Railways, the others ... More

ECONOMY

Economy: Build like the ant
Ants build big hills that last and prosper for hundreds of generations but we build towns the way grasshoppers do; the type that become unliveable within one generation. Worse, more and more migrants to our cities have started to live like stray dogs — on the streets with no houses at all. No wonder that ours is an obese economy: Big and getting bigger but not becoming healthier, says P. V. Indiresan. More

INFRASTRUCTURE

Down the abyss?
NOT only in India, but in the rest of the world too, those who were once fondly called city fathers are finding themselves unable to cope with the demands of urban management. In India especially, the problems have ... More

MUTUAL FUNDS

How about the idea of a fixed-maturity equity fund?
A fixed-maturity equity fund has to actively control its market risk, especially at the horizon. This requires using derivatives. The idea will, therefore, be in the realm of theory, unless SEBI allows mutual funds to invest in derivatives. More

GENDER

HP's board flexes its muscles
THE NEWS reports on February 10 were sharp and direct. The board of Hewlett-Packard Co. (HP) had fired its CEO, Ms Carleton Fiorina. Moreover, the company said that the ousting was `without cause'. That does not mean ... More

PEOPLE

Chancellor Gordon Brown for the World Bank?
THE term of the World Bank President, Mr James Wolfensohn, is coming to an end in a few months' time. Speculation is rife that the post may be offered to Chancellor Gordon Brown of the UK, breaking a tradition that the ... More

LETTERS

Budget expectations

Branch banking

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