The Hindu Business Line : Tuesday, September 12, 2006

FOREIGN RELATIONS
American dilemmas in `Greater Middle East'
Iraq, Iran, Afghanistan... the US has landed itself in quite a mess in the Middle East, and if it is to come out reasonably unscathed, it must get Osama bin Laden. For this, says G. PARTHASARATHY, the US President, Mr George Bush, needs his Pakista ni counterpart, Gen Pervez Musharraf. The months leading up to elections in Pakistan will be crucial. More

EDITORIAL
Wheat imbroglio
Allowing wheat imports with two fungal pathogens not found in India is sacrificing food safety and plant protection. More

AGRICULTURE
For farmers, the real issue is access to credit
Credit is the most important resource, which the rural populace lacks. The farmers we have spoken to do not have banks they can borrow from. Despite the priority sector lending of PSU banks, farmers are still borrowing from local moneylenders at high rates. — DR SENDHIL MULLAINATHAN, PROFESSOR OF ECONOMICS, HARVARD UNIVERSITY More

COURTS/LEGAL ISSUES
Dying declarations
The Supreme Court recently (Indian Express New Delhi edition dated September 8) held that the dying man's declaration can be taken at its face value if it is to the satisfaction of the Court. The ... More

ECONOMY
The bankrupt superpower
Similar to the Ponzi insurance company reporting surplus cash positions, it may be possible for the US Government to report a balanced budget while running the biggest Ponzi scheme in history. The fact that it is not, shows the depth of the proble m. More

BANKING
PERSPECTIVE
UWB and issues of bank rescue
An index of financial and non-financial criteria should be developed to identify banks that are capable of acquiring sick banks and resurrecting them in the larger interests of the public. More

LETTERS

Dangerous mines

Farm imports

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The bankrupt superpower

OMC stocks turn active as crude price dips to 5-month low

Significant surge in IT sector exports likely: STPI Director

`NCDEX world's third largest agri-exchange'

December, not March, to decide wheat output

External debt marginally up at $125 b in 2005-06

Weak global advice triggers downfall in domestic market

Car sales up 16% in August; bikes sales slow down

Looking back
Sep. 3-Sep. 9
Knowledge and the Asian challenge

Land for SEZs — Government as real-estate broker

Why globalisation is in trouble - I