The Hindu Business Line : Friday, September 16, 2005

Why cooperatives do not work
BY ANY RECKONING, India would seem a natural home for the cooperative movement. It could have been the path-breaking model of voluntary, grassroots, self-help. A user-producer association is an ideal antidote to underdeveloped markets, poor ... More

ECONOMY

Perturbing finding
WHILE, on the one hand, the 150 or more heads of states and governments attending the UN session in New York are reviewing the extent of the progress made in attaining the Millennium Development Goals (MDGs), on the other, the ground is cut under ... More

INFRASTRUCTURE

Mumbai's suffocation
The lopsided perspectives of Mumbai's so-called civic ministries which trot out weak-kneed excuses for breaking the law are reasons why Mumbaikars are being suffocated, both literally and morally. More

POWER

Power reforms unplugged?
THE PROPOSED amendment to the Electricity Act, 2003 to remove the provision for elimination of cross-subsidies and give time for further extension for the reorganisation of State Electricity Boards (SEBs) will negate the very objective with which ... More

STOCK MARKETS

What is driving the stock indices up
What is driving the Sensex to new highs? It is the contraction of risks in the Indian economy. Investors in equity foresee fewer and lower risks. Therefore, they are satisfied with a lower desired return in this foreseeable future, and are willing to pay more for equity shares in the present, says G. Ramachandran, explaining the phenomenon. More

REGULATORY BODIES & RULINGS

Competition vs regulation — The best way forward
In the current draft amendment Bill on the Competition Act, the government has proposed mandatory consultation for regulators with the competition authority, as against the earlier provision of `may' consult. A welcome move, but better would have bee n an unambiguous coverage of behavioural problems in the domain of the competition authority. More

TRENDS

`Swap' is from the practice of slapping hands together
ON THE diplomatic front, we saw the swap, across Wagah, of prisoners of India and Pakistan to push ahead the peace process, even as Zimbabwe and China swapped animals in tiger relations. And in the business sphere, the swap that made news ... More

LETTERS

Biodiesel alternatives

Promoting growth

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