The Hindu Business Line : Monday, May 29, 2006

ESOPS
Manipulating stock options for personal gain
Under the garb of designing a motivational compensation package intended to spur the executive to higher performance, the concept of granting stock options to CEOs has been hijacked by those in power to award themselves corporate funds. More

EDITORIAL
An elusive deal
Without a concerted political push to overcome the well-known hurdles, the Doha Round talks will get nowhere. More

ECONOMY
UPA: Keeping the reforms flag flying
The Government has done a satisfactory job, more or less continuing the broad economic reforms that were set in motion by Dr Manmohan Singh himself in 1991. The UPA Government can take pride that the fundamentals have never been as comfortable a s they are now, as indicated by the way the recent stock market collapse was halted and operations returned to normality. More

FOREX
Capital account liberalisation — John Williamson's timely warning
The crux of liberalising capital account controls lies in liberalising access to capital flows, especially of the short-term type. It is in this segment that economist John Williamson sees danger ahead. More

POLITICS
Welcome turning point
The decision of the former Chief Minister of Tamil Nadu, Ms J. Jayalalithaa, to attend the State Assembly on May 27 and participate in the proceedings will immeasurably gladden all those longing for ... More

Quota debate and the Orwellian doublespeak
The Government has shut the quota debate by pronouncing that it has decided. But this, says P. V. INDIRESAN, is iniquitous as it has ordained that no institution — even if it has no government patronage — can admit students free of caste bias. More than the number, the reservation debate must also be about how good are those that get admitted to institutions of higher learning. More

Unending controversy
The controversy over legalised reservations for backward classes in higher education is unlikely to go away anytime soon. It is too emotion-charged to allow fact-based debate. There are such implied vested interests on all three sides — the ... More

LETTERS

Reservation debate