GOVERNMENT
FOREIGN RELATIONS
US-China Strategic Economic Dialogue `Working through the friction'
The second round of the US-China Strategic Economic Dialogue, held in Washington in May, proved that while the Chinese are very serious about resolving issues, Beijing will not yield to external pressure. K. SUBRAMANIAN on the complex relationship.
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POLICY
Denial of mines to VSP flayed
The denial of captive iron ore mines to Visakhapatnam Steel Plant (VSP) by the Union Government is placing a huge burden on the plant, as it means higher cost of production, and "the generosity shown by the Government to the private steel plants, ...
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FINANCIAL POLICY
RBI to allow only fully convertible equity in FDI
The Reserve Bank of India has mandated that only instruments which are fully and mandatorily convertible into equity, within a specified time would be reckoned as equity under the Foreign Direct Investment policy; and reckoned as eligible for ...
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