The Hindu Business Line : Saturday, April 23, 2005

The Dragon and Elephant — It will be a difficult dance
While India need not be inhibited in efforts to promote bilateral relations with China because of the Pakistan factor, New Delhi should stop pretending that Beijing is a "strategic partner". India may share common interests with China in maintaining peace and tranquility along the border and in forums such as the World Trade Organisation, but it should stop pretending that Beijing is ready to call Delhi for the next waltz, says G. Parthasarathy. More

EDITORIAL

Public policy undermined
IT IS STRANGE that there should be a controversy at all over whether South Korean steel major Posco should be allowed to set up the infrastructure for mining iron ore for export as a quid pro quo for its decision to invest in steel ... More

ECONOMY

Importance of the savings rate
EARLIER this week, in London, the Deputy Chairman of the Planning Commission, Dr Montek Singh Ahluwalia, told an august gathering at Chatham House that India was well on its way to entering a phase of rapid growth. ... More

POLITICS

Tenets from the British code of conduct
IN 1853, Sir Charles Trevelyan and Sir Stafford Northcote released the report that laid the foundation of Britain's Civil Service examinations. The UK Home Civil Service is largely based on the 19th century philosophy ... More

TAXATION

Information request in public interest
The concept of `public interest' enshrined in Section 138(1)(b) may need a broader interpretation, says T. N. Pandey More

One cool judgment is worth a thousand hasty counsels
SUMMER'S scorching, so we switch on the air-conditioners to shed the heat. But when ITI Ltd flicked the `Modvat credit' switch for the ACs it used in the manufacture of `army transportable satellite terminals', there ... More

Erosion of depreciation
T. C. A. Ramanujam on the effect of the changes to depreciation law More

BOOKS

Our generation can choose to end extreme poverty by 2025
CHECK today's headlines. Did it scream, "More than 20,000 people perished yesterday of extreme poverty"? No. Because it happens everyday, "such stories rarely get written," rues Jeffrey D. Sachs in his book The End ... More

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