The Hindu Business Line : Wednesday, November 22, 2006

FOREIGN RELATIONS
When does one really have a deal?
All the stakeholders must realise there is still some way to go before a civil nuclear "deal" is made between the two countries. More

EDITORIAL
FDI inequalities
High-value investments are piling up in islands of development while the hinterland slumbers in backwardness. More

ECONOMY
Inflation is destroying the well-earned rupee
Growth carries its own cost, inflation. That inflation has peaked 5 per cent and is climbing is a wake up call for India. Else it will have to pay a dear price of neglect. Particularly worrying is that the price rise is not the result so much of exte rnal forces, as crude oil price hikes, as internal scarcities and, paradoxically, too much affluence concentrated in urban pockets, says ASHOAK UPADHYAY. More

LIFESTYLE
Measuring happiness
Tuesday's newspapers carried a report that proclaimed that young Indians were among the happiest people on the planet. Not only this, they were also among the most religious. Clearly, this is happy news. It contradicts the general belief that ... More

DISINVESTMENT
Nettlesome dilemma of disinvestment
On July 21, the Prime Minister, Dr Manmohan Singh, put all disinvestment decisions and proposals on hold `pending further review'. This was in apparent deference to the DMK's strong objection to the selling of ... More

MERGERS & ACQUISITIONS
Will the winner's curse befall the Corus deal?
A day before Diwali, about a month ago, India Inc was greeted with the news of `the largest-ever acquisition by an Indian company.' That, as you may remember, was about the 99-year-old Tata Steel's announcement of the Rs 36,000-crore ($8 ... More

INTERVIEW
Bangladesh rues unrest in universities
Conditions in Bangladesh are ripe for growth. It can be much greater than the present 6 per cent, easily 8-9 per cent, but for the corruption and misgovernance. — PROF MUHAMMAD IBRAHIM, DHAKA UNIVERSITY ... even as it supplies the most soldiers to the UN peace-keeping force More