The Hindu Business Line : Friday, February 16, 2007

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OPINION

EDITORIAL
Weaponless in price war
The Centre is completely on the defensive, and without any effective ammunition to fight the price rise. More

BUDGET
Make India Inc the main instrument of growth
The Government should create a stable plan which enables India Inc to prepare a strategy to get better, improve trade, and secure a higher share in the global economy. More

ECONOMY
Inflation targeting — Address the supply-side constraints too
The monetary measures to tackle inflation are meant to increase the cost of funds for banks, make loans dearer and temper the demand for credit. But for inflation targeting to be uniformly effective, due emphasis has to be placed on the supply-side c onstraints as well, even while making banking inclusive. More

MANAGEMENT
Doing business in a modern milieu
Commercial rectitude, once an afterthought in the managerial mind, has now become the pivotal preoccupation in corporate boardrooms. Managers are required to live with more external constraints on their behaviour imposed by regulators on behalf of a society that insists on more integrity and less commercial adventurism. More

INTERVIEW
`Rise of Big Business portends global political revolution'
"The rise of Big Business in the US and India portends political revolutions against the rule of money in the near future. Most probably, this revolution will reach a climax by 2016. Then a golden age will follow to put an end to poverty around the w orld." — DR RAVI BATRA, PROFESSOR OF ECONOMICS, SOUTHERN METHODIST UNIVERSITY, DALLAS, US More

SOCIETY & DEVELOPMENT
The ways of the rich
Wealth is inherited or earned and is occasionally a windfall too. What does one do with it when one is fabulously wealthy? What a Midas would have done need not be elaborated. That apart, wealth is spent in ... More

ECONOMIC OFFENCES
Combating corruption, in UN style
The world community woke up to the existence of corruption in Member-States sometime in the early 1990s. So what does it do by way of expressing its concern? Draw up a series of resonating conventions in ornate ... More

LETTERS

Inflation

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Mandatory tower sharing for telcos

Inflation targeting — Address the supply-side constraints too

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Looking back
Feb. 4-Feb. 10
Pareto's principle of oil-fields

Think `SDZs', not SEZs

Women workers in urban India

Are inflation figures the least trusted official statistics?