The Hindu Business Line : Monday, February 28, 2005

Pipelines or pipe-dreams?
NEW Delhi has indulged in two notable flip-flops in its relations with Pakistan in recent days. After initially insisting that passports would be required for travel across the LOC in the proposed ... More

EDITORIAL

No freeloading
PERHAPS FOR THE first time, a Railway Minister, while presenting the Budget for his Ministry, was seen trying to treat the Railways as a provider of services, not a milch cow. Not merely because Mr Lalu Prasad refrained from raising fare and ... More

BUDGET

B-Day at last!
THE long awaited B-Day is once again upon us. All — think-tanks, market players, industrialists, agriculturists, capitalists, Leftists, Rightists, centrists, purists, jurists, experts, persons in the street — ... More

Stupid Johnny's smart thinking
WE ARE at that time of the year when almost everyone has a view on what the Budget should aspire to accomplish. The massive participation that the Indian Budget evokes is remarkable. Everyone has a useful idea on how ... More

ECONOMY

Half answers to global imbalance
The day of reckoning for the global current account imbalance, and the American dollar, is drawing closer. The Australian dollar might perform relatively better than its American counterpart, as it is backed up by real assets (oil, metals and minera ls). Time should provide the answer. But, then, time has a way of providing frustrating half answers, says V. Anantha Nageswaran. More

Why were subsidies for poor not vetted?
FARM SECTOR subsidies will not come up for serious in discussion this Budget. This is a pity. Not because this huge `waste' will remain an off-Budget item, probably for a long time to come. This would have happened ... More

MANAGEMENT

Harnessing the power of `self-fulfilling prophecy'
EACH one of us has been blessed with a unique power, something many of us may not even be aware of. This is the power of self-fulfilling prophecy or the Pygmalion effect .The essence of this prophecy is that people's ... More

NBFCS

Needed, a fair deal for NBFCs
The time has come for the RBI to make peace with NBFCs as a class. They are proven instruments of efficient and customer-friendly outreach in the credit space, not only for consumer durables, but also housing and transport, besides infrastructure. Th e regulators' role being not only to regulate but to spur economic growth, it is hoped that the NBFCs will be nurtured, not restricted, and that they will be allowed to continue to accept public deposits. More

FOREIGN DIRECT INVESTMENT

Structural problems of FDI flows
THE COMMERCE Minister announced recently at an FICCI meeting that Foreign Direct Investment in retail would be permitted, and introduced in a manner that would protect the existing players, mostly small. There have been ... More

LETTERS

Rail Budget

`Branding India'

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