The Hindu Business Line : Tuesday, March 06, 2007

EDITORIAL
Managing the reserves smartly
Before dipping into reserves for infrastructure schemes, New Delhi must reform the regulatory framework to ensure positive returns. More

AGRICULTURE
For a workable farm revolution
A practical approach to agri-reforms is to develop a national-level, electronic, institutionalised, spot exchange where farmers can sell their produce to end-users, while the settlement responsibility is undertaken by the exchange. More

BUDGET
Simple Budget, strong signals
From a longer-term perspective, the higher allocations for education and health are a welcome reflection of the concerns about inclusive growth, combining distributive justice with a reminder of how growth is important in achieving such equity. More

Two views on the Budget
Those who have been enjoying tax exemptions have to take responsibility. The Government has to focus on education, health and social infrastructure. — DR PARTHASARATHI SHOME, ADVISER TO THE FINANCE MINISTER More

ECONOMY
A question of inflation
One of the proposals in the Budget 2007 is to increase the rate of dividend distribution tax on liquid funds and money market mutual funds w.e.f. April 1, 2007, to 25 per cent plus surcharge and cess. Much of ... More

BANKING
The potential fallout of Basel II
Continuing with the discussion on Basel II and India's banking structure in the previous edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh point to some outcomes that could follow the implementation of the Basel guidelin es and their implications. More

LETTERS

Fertiliser subsidy

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Top Stories
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The potential fallout of Basel II

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When roads take to jute

Freight corridor: 15 cos submit EoI for advisory services

Looking back
Feb. 25-Mar. 3
Rlys catches on to volumes game

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Long on intent, short on content