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Monday, April 11, 2005
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OPINION

EDITORIAL

`Excising' issue
NEITHER TAX DISPUTES between governments and assessees nor their adjudication by the highest judicial forum is new. In the event, the dispute between the Government and the cigarette major ITC, which was eventually resolved to the latter's ... More

ECONOMY

Fixing the fiscal deficit
The whole issue of over-emphasis on fiscal compression as a matter of public policy needs to be revisited, especially in the current context of India facing a high infrastructure deficit. More

POLICY

Redundant ritual
I WAS frankly alarmed to come across a report that the Central Government has decided to set up yet another Administrative Reforms Commission (ARC), headed by a person with the Cabinet Minister's rank, and comprising ... More

FINANCIAL MARKETS

Central banks' impotence presages weaker dollar
With central bankers no longer as powerful as they once were, the dollar will remain weak. They won the war against price stability and now they are fighting to defend, if not fuel, asset price inflation, because they fear the consequences of ending it, says V. Anantha Nageswaran. More

FOREIGN DIRECT INVESTMENT

There's more to FDI than financing
India does not need FDI merely to be able to balance the books on capital account. Through FDI, India gains the knowledge and learning acquired elsewhere in the world. More

PEOPLE

Economic consequences of Mr Wolfowitz
IT WAS an unapologetic political statement made by the US President, Mr George Bush, on March 16 when he announced the nomination of Mr Paul Wolfowitz as President of the World Bank. There were reports that he had ... More

LETTERS

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