The Hindu Business Line : Monday, December 26, 2005

Not banking on frills
THE INITIATIVE OF the State Bank of India to launch a `no-frills' account, aimed at the masses, with liberal stipulations on the size of the initial deposit and exemption from the minimum balance requirement needs to spread quickly not only ... More

ECONOMY

France face-to-face with globalisation challenges
We often see developing countries struggling to accept the changes that come with globalisation, and rushing to protect their social structures, subsidies and companies. But France, which had the vision to initiate the move to form the European Union , appears to have regressed and is unable to adjust to the realities of today's world. More

Explaining away the US' imbalances
THE rising American current account deficit has spawned a number of attempts at explanation and mitigation. The latest such attempt at explanation is by Prof Ricardo Hausmann of Harvard University and his associate ... More

Annual reflections
AS ANOTHER December ends, one is inevitably reminded of unmet targets and unfulfilled promises, public and private, and can too easily give way to wistful regret. A perennially optimistic friend of mine used to say, ... More

POLITICS

Party discipline
POLITICAL parties in India have begun copying the methods of governments, public and private sectors in dealing with their members who publicly ventilate criticism of their policies or of their leaders. The critics are promptly suspended, ... More

WTO

WTO: The next bargaining phase
While the WTO's future is a debatable point, as far as the stand likely to be adopted by the rich at the ongoing Doha Round negotiations is concerned, the signs are that any drastic change is unlikely. More

RURAL DEVELOPMENT

Bharat Nirman: Foundation in Rural India
The ambitious Bharat Nirman project can succeed only if large industries are induced to distribute themselves in villages. For rural location imposes no serious financial liability on large industries but small ones cannot prosper in villages as well as they do in cities. Businesses also would be discharging best their social responsibility thus. A win-win for all, says P. V. Indiresan. More

HUMAN RESOURCES

Capitalising on human skills
India has to compete through the quality of its human capital, its innovation and its research and development. More

LETTERS

Rural banking

FDI in India

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