The Hindu Business Line : Saturday, April 08, 2006

The Pascal pressure
The US/EU want developing nations halve their bound rates on industrial import tariffs as a quid pro quo for farm-related concessions. More

FOREIGN RELATIONS

Towards a partnership
Does the US want to control Indian foreign and economic policy in the long run? And does it to want to attain this objective by following the `strategic partnership' route, one of the vital aspects of which is ... More

TAXATION

A case of seizure logic that suffered serious seizures
In King Lear, Cornwall tells Edmund, "You shall be ours: Natures of such deep trust we shall much need; you we first seize on." And Edmund replies, "I shall serve you, sir, truly, however else." Alas, such a happy mood doesn't prevail ... More

Taxpayers' nightmare
Time-barred made alive by retrospective amendment More

Conflict between `heads'
What is the relative importance of heads of income More

IMPOST...
Have IDRs arrived?
With the Securities and Exchange Board of India having inserted provisions dealing with Indian Depository Receipts (IDRs) in its Standard Listing Agreement, the decks have been cleared for foreign companies wanting to tap the Indian capital ... More

FOREIGN DIRECT INVESTMENT

Why FDI caps must go
The government wants the private sector to invest in telecommunication, insurance, finance, banking, retail trade and real estate. But the Indian investor may not have the financial strength to make the large investments these sectors demand. Which i s why India needs FDI. The US President, Mr George Bush, urged India to lift the cap on foreign investments, make rules transparent, continue reducing its tariffs and open the market for American agricultural products. This is the way to go. More

BOOKS

Oily skid is just dangerously around the corner
`Chindia' will require increasingly high amounts of energy for its growth, points out Stephen Leeb in The Coming Economic Collapse. As alternative energy, biodiesel is well poised "to enter both the vocabulary and the fuel tanks," predicts Lyle Esti ll in Biodiesel Power. More

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