The Hindu Business Line : Friday, July 22, 2005

Applause appraised
INDIANS watching Dr Manmohan Singh address the joint session of the US Congress must have felt proud of their Prime Minister. His dignity of bearing, clear enunciation, effective communication, flawless delivery — all together made it a ... More

COMMODITY EXCHANGES

Multi-Commodity Exchanges: Yet to deliver their full potential
The fairly young multi-commodity exchanges, with transparent technologies allowing nation-wide, or global, reach, demutualised ownership structures and professional management, were expected to herald a revolution in commodity futures and carry this forward to the fragmented physical market for commodities. But their focus has been confined to traditional futures centres, and the farmers and actual commodity users are still not participating as expected. More

EDITORIAL

The Harry Potter phenomenon
LONG BEFORE THE buzz dies down, and the cash registers stop ringing from the sale of millions of copies of Harry Potter adventures, there is enough in the phenomenon already for marketing pundits to reflect on the question: What is the secret of ... More

PETROLEUM

CNOOC's bid for Unocal — Chinese strategy that tests US ideology
The proposal of the Chinese National Offshore Oil Company to take over Unocal, the American energy firm, is turning out to be a litmus test of the US' commitment to market ideology. The deal is a part of China's strategy to diversify its resources an d not to seize US resources or assets. The gains to China by taking over Unocal may really be in the long term. K. Subramanian on the details of the Chinese bid. More

POLITICS

A nutty discussion on nuclear talks
TO MANY it is still not clear whether the new nuclear energy deal with the US is one-sided or not, though Prime Minister Dr Manmohan Singh has begun defending it quite forcefully. The word `nuclear' appears many ... More

A ticking time-bomb?
Domicile clause and open balloting in Upper House

Secrecy has no rationale, argue proponents of open ballotting

The core issue is to ensure "purity of election"

Removal of domicile status will allow entry for outsiders into the Upper House, say opponents of the amendment More

Cartoon
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INTERVIEW

`We have learnt much from BOT projects' — Mr K. V. Rangaswami, Sr V-P and Board member, Larsen & Toubro
Mr K. V. Rangaswami, Board member and Senior Vice-President, Larsen & Toubro Ltd, also heads L&T's Engineering, Construction and Contracts (ECC) division, which is looking to increase its overseas presence. A B.Tech (Civil) from the ... More

LETTERS

Investing pension funds

Better planning

Public-private partnerships

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Pick a Winner Stock Market Contest

Govt fixes floor price for e-auction of coal

Rajeev Chandrasekhar may tune into FM radio

Yuan revaluation: IT companies see no major impact

Yuan effect: Rupee may strengthen

No let-up in movement of ore to steel plants

Financial sector reforms no help to real economy