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Monday, July 18, 2005

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OPINION

EDITORIAL


Beyond surrogate advertising
SURROGATE ADVERTISING IS quite rightly frowned upon as it is but a cynical attempt at promoting products that public policy decrees is not in society's interest. But the Government should guard against any over-zealous interpretation of what ... More

PETROLEUM


CNOOC's offer for Unocal — China must not slip on US oil
The US is already indebted to China for billions of dollars and the Unocal purchase only implies an interchange of corporate assets for Treasury debt paper. This should not make such a vital difference to the US' security concerns. Instead of spendin g part of its surpluses exclusively on buying US Treasury paper, China is looking to acquire real assets, such as corporations. And it would make eminent sense for India to make China a partner and an ally, rather than a rival, in the world energy scenario, says S. Venkitaramanan. More

POLITICS


Some straws for Advani to clutch at
THEY say it's end game for Advani, with continual clamour for his scalp, but let me offer what he may clutch at, even if it be straw, after all: The Trial of Bhagat Singh by A.G. Noorani. The new edition of the book is just out from Oxford ... More

SHIPPING


Tonnage tax adds weight to Indian fleet
India's shipping tonnage, which for 25 years seemed doomed to remain under 7 million tonnes, has crossed the magical figure of 8 million tonnes in a just a year. An important reason for the upswing is the introduction of tonnage tax as a substitute f or the regular corporate tax. More

TAXATION


Needless taxation
SUCCESSIVE Finance Ministers in India have found it hard to resist the temptation of raising existing taxes and imposing new ones without first exploring whether the proceeds they expect to mobilise from them could be ... More

DISINVESTMENT


Quid pro quo for BHEL back-down — Unleash the power of listing
As a quid pro quo for abandoning BHEL divestment, the Left parties should back the UPA's efforts sell the government's shares in the wholly-owned PSUs to the public, and root for the creation of value through the listing of these equity shares . The gains, to the Government and its exchequer and to the PSU customers, will exceed the proceeds from the sale of equity in BHEL by a factor of at least 10. What is more, the gains will be recurring, happening year after year. More

WTO


WTO talks: Time running out
At this point of time, the prospects for the Doha Round of multilateral negotiations concluding by 2006 are bleak. The Dalian, China, meet of important WTO members was just one more pointer in this direction. More

INTERVIEW


`In corporate governance, India has moved incredibly fast... '
Mr Michael Gillibrand, former senior advisor to the Commonwealth Secretariat, London

For over a decade now, Mr Michael Gillibrand has been an observer of the good governance practices in India's private and public sectors. A former senior advisor to the Commonwealth Secretariat in London, he continues to be associated ... More

SOCIETY & DEVELOPMENT


EUROSCAPE
People, planet and profit — Three Ps of corporate social responsibility
Over the years, companies have realised that clubbing business with community welfare is the best approach to continuity and profitability. More

LETTERS


  • Indo-Pak relations
  • Well-said Mr President
  • Exam woes


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