The Hindu Business Line : Monday, January 23, 2006

Government and governance
GIVEN THE SLOW but steady pace of reforms in the financial sector, it was only a matter of time before the winds of change began wafting across one of the most critical issues in the corporate governance of public sector enterprises — the ... More

AIRLINES

Swearing by competition
It remains to be seen how the Jet-Sahara acquisition will be seen by the authorities. Clearly, there is much more to the issue than just a particular businesss battle because, in today's world, competition cannot but be treated as the bedrock of econ omic development. More

BUDGET

Coming out with the real outcome
What exactly is `outcome' and how to measure it? Raising this question vis-à-vis the Outcome Budget, P. V. Indiresan suggests that, assuming cost-benefit can be measured, there are three ways the `outcome' can be deemed better than before. An d, he argues, if the Finance Minister is keen on improving outcomes, the third option — of changing the outcome using innovation and technology — is the one he should concentrate on. More

FOREX

Playing it safe — Lessons from China's reserves management
BEIJING'S State Administration of Foreign Exchange recently issued a statement that almost set the Potomac on fire. The institution, appropriately named SAFE, through its spokesperson, signalled a desire to ... More

TERRORISM

Wanted: A global passport
I HAVE been subjected to full body and hand baggage searches quite frequently by airport security personnel in the recent past. The fact that I am brown and sport a beard (`middle Eastern looking,' as the saying among ... More

WTO

World Economic Forum Annual Meeting — Why rich and powerful come to Davos
ANCIENT philosophers believed there was value in making knowledge difficult to acquire. First, the struggle would add to the value. Second, it would exclude the unworthy. The World Economic Forum Annual Meeting, to ... More

HUMAN RESOURCES

Not another Pay Commission, please!
THE Central and State Governments' finances were utterly ravaged by the implementation of the recommendations of the Fifth Central Pay Commission (1997), and the country is yet to recover from the consequences. Compared to the pitiful plight of ... More

LETTERS

Aviation infrastructure

Monorail in Chennai

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