The Hindu Business Line : Monday, January 23, 2006

Not another Pay Commission, please!
THE Central and State Governments' finances were utterly ravaged by the implementation of the recommendations of the Fifth Central Pay Commission (1997), and the country is yet to recover from the consequences. Compared to the pitiful plight of ... More

WIDE CANVAS

Swearing by competition
It remains to be seen how the Jet-Sahara acquisition will be seen by the authorities. Clearly, there is much more to the issue than just a particular businesss battle because, in today's world, competition cannot but be treated as the bedrock of econ omic development. More

ON THE MOVE

Insights into structure of world fleet
The Review of Maritime Transport 2005 brought out by the United Nations Conference on Trade and Development, giving comparative data on the world shipping fleet for 2003, 2004 and 2005, suggests that the increase in 2004 was higher than the increases in the previous two years. The Review provides interesting insights into the structure and ownership of the world merchant shipping fleet. More

A RINGSIDE VIEW

Dalal Street at critical stage
But if the international petro politics turns sour, local stock market investors or speculators would be hard pressed to retain sweetness of the sentiment More

MUTUAL CONFIDENCE

Bloating AUMs & funds dilemma
LAST week, investors in mutual funds woke up to what may soon emerge as a more marked trend in India: temporary suspension of fresh sales of schemes that are becoming far too bloated for the well-being of existing unitholders. The latest ... More

ADR WATCH

Infy, Satyam slide; Wipro gains
THE big-ticket companies' - General Electric, Intel Corp and Citigroup Inc - disappointing quarterly results and rising crude price above $68 a barrel inflicted a fresh nervousness among the traders in the US market. The Dow Jones ... More

VISION 2020

Coming out with the real outcome
What exactly is `outcome' and how to measure it? Raising this question vis-à-vis the Outcome Budget, P. V. Indiresan suggests that, assuming cost-benefit can be measured, there are three ways the `outcome' can be deemed better than before. An d, he argues, if the Finance Minister is keen on improving outcomes, the third option — of changing the outcome using innovation and technology — is the one he should concentrate on. More

ERRORS & OMISSIONS EXPECTED

Meatier facts about meat than what meets the eye
MEAT is the topic of many news stories. For example, Wisconsin Radio Network has a story about an activist of People for the Ethical Treatment of Animals (PETA) staging an almost naked protest against the meat industry, "with not much more than ... More

CHAT

Fair persuasions mix’d with sugar’d words
Khan spent the weekend studying the latest high-profile demerger. Dakshinamoorthy kept playing a computer game that simulated takeover of airline companies. It was with trepidation that Jogin searched for whatever he wanted, after reading about ... More

EUROSCAPE

World Economic Forum Annual Meeting — Why rich and powerful come to Davos
ANCIENT philosophers believed there was value in making knowledge difficult to acquire. First, the struggle would add to the value. Second, it would exclude the unworthy. The World Economic Forum Annual Meeting, to ... More

AMERICAN PERISCOPE

Wanted: A global passport
I HAVE been subjected to full body and hand baggage searches quite frequently by airport security personnel in the recent past. The fact that I am brown and sport a beard (`middle Eastern looking,' as the saying among ... More

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