The Hindu Business Line : Friday, April 09, 2004

EDITORIAL
Tenuous action
THE FIVE-YEAR BAN that the Securities and Exchange Board of India has imposed on Mr Samir Arora, former Chief Investment Officer of Alliance Capital Mutual Fund, rests on tenuous grounds. SEBI's final order does not provide adequate reasons to ... More

ECONOMY
First and last in the South
A comparison of the development pursued by the four southern States. More

Correct the federal fiscal imbalance
State governments are overloaded with expenditure responsibilities and expectations, whereas they are not endowed with enough resources to finance public expenditures. The economic reforms have amplified the vertical fiscal imbalances in the Indian federation, say R. Srinivasan and S. Raja Sethu Durai. More

HEALTH
India's health needs a dose of funds, reforms
The India Health Report, prepared as a backgrounder for the WHO, provides a comprehensive exposition on the health system in India. The biggest problems with the system, the report says, are the lack of government spending and the inefficiencies and misuse of the meagre resources that are available. More

POLITICS
L'affaire Malik
THE contretemps over the refusal of the Haryana Chief Minister, Mr Om Prakash Chautala, to comply with the Election Commission's demand to remove the State DGP, Mr M. S. Malik, from his post is bound to be sorted out ... More

SSI
Big transition travails for small units
HISTORICALLY, the small-scale industries (SSIs) worked as growth engines in both the developed and the developing countries. Despite the synchronised global slump, SSIs acted as a prime mover in enhancing ... More

LETTERS

Water level

ASK Raymond James clarifies

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Natco Pharma may move SC on marketing rights for cancer drug

Corporate governance
Insider trading rubs heavily: ICRA survey

Tougher norms to check breach of tariffs

Demand flows for corn; exports may top 10 lakh t

Looking back
Mar. 28-Apr. 3
The steel end-users' call

Fall and fall of the dollar: US must buck up

Regionalism in driver's seat

Skilled experts often see eye to eye with profits

Elections 2004: Early lead for NDA

Market Stabilisation Bills/Bonds — Mopping up the excess liquidity

Strong rupee, stronger growth