The Hindu Business Line : Tuesday, May 29, 2007

ECONOMY
Undervaluing yuan will not help US' cause
The US economy is giving off quite a few negative signals — a huge current account deficit of around 6.6 per cent of GDP; consumer price index up to 3.3 per cent; the Federal Reserve raising interest rates; unemployment at a relatively ... More

FOREX
The year of borrowing dangerously
The increase in capital inflows is frequently cited as yet another indicator of the current economic success of the country. Yet it reflects a very rapid increase in External Commercial Borrowings by corporates, that are being used not so much for d omestic investment as to acquire assets abroad. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the external accounts and consider how it may increase future financial fragility. More

PSU
The training guns on ordnance units
The Defence Ministry and its various establishments are entitled to hold ceremonies, march-pasts, parades, initiation rites and commanders' conferences. Obviously, during peace time, they have to remind the ... More

POLITICS
Unused powers of presiding officers
No presiding officer of a legislature has been so frank and forthright as the Speaker of the Lok Sabha, Mr Somnath Chatterjee, in persistently venting his frustration over what he himself once termed `rowdyism' by the MPs and his inability to ... More

LABOUR REFORMS
ITUC Report on Core Labour Standards in India — Much work remains to be done
There is need for a transformation of the labour force in terms of education, skills, income levels and provision of social security to dovetail with the various components of the country's development agenda. More

BOOKS
How to reverse organisational decline
While price competition is an important external cause for downfall, the internal culprit can often be organisational inertia, which in turn leads to `slow responsiveness to the changes in the environment', says Turnaround Excellence by Sunil Kumar M aheshwari. More

LETTERS

Plastic for roads

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Undervaluing yuan will not help US' cause

Paper industry seeks tech upgradation fund

Re: Further strength ahead?

India top supplier of black pepper to US

Hero Honda adds another Splendor

TCS creates unit for financial solutions

CPT appoints consortium for report on cruise terminal

Looking back
May. 20-May. 26
Keeping the faith, violently

Growth, inflation and interest rates

ECB curbs and market-control measures — Does the RBI have a choice?

Has Saudi oil production peaked?