The Hindu Business Line : Tuesday, July 19, 2005

Kerala's imported labourers
HITHERTO known as the land of few job opportunities, with nearly all of its literate hoards migrating to other parts of India and West Asia in search of greener pastures, Kerala is now offering jobs to people from Orissa, Bihar and West Bengal. ... More

OUTSOURCING

Unravelling the outsourcing puzzle
The recently released Annual Trade Report of the WTO focuses on a contentious area of trade in services. A separate chapter examines the offshoring of services, especially of IT, from the US to India. In this edition of Macroscan, C. P. Ch andrasekhar and Jayati Ghosh examine the WTO's effort to unravel the outsourcing puzzle and assess its implications. More

EDITORIAL

The Volkswagen embarrassment
THE DECISION TO order a Central Bureau of Investigation probe into the payment of Rs 11 crore by the investment arm of the Andhra Pradesh Government to a Delhi-based firm ostensibly representing the European car-maker Volkswagen should give the ... More

FOREX

Liberalised Exchange Rate Management System — The story of India's Gulf crisis
JULY 12, 1991, was a red-letter day in the history of the Indian economy but not in any happy sense. It marked the nadir in the external sector. The balance-of-payments bottomline was reached. The foreign currency ... More

POWER

Is the re-start of Dabhol project viable?
The restart of the Dabhol Plant and the Maharashtra Government's decision to buy power from the facility at Rs 2.30 per unit may not be tenable. The ultimate losers will be the Indian financial institutions, which would have to write off not only the Rs 10,250-crore now being spent, but also the further outlays bound to be made on the second phase of the project, says S. Padmanabhan. More

WTO

Doha Round: Caught in a 'crisis of immobility'
With hardly six months left for the Sixth WTO Ministerial Conference in Hong Kong, few economists are hopeful of the Doha Round leading to an outcome meaningful for the developing countries. There could at best be a limited set of tariff concessions and subsidy reduction over an extended time-frame premised on developing countries providing a `level-playing field'. More

LETTERS

Defence pact

Africa and poverty

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