The Hindu Business Line : Wednesday, July 26, 2006

FOREIGN RELATIONS
A plutonium plant?
There is more to reports in the Washington Post about plutonium reactors being set up in Pakistan than what meets the eye. Among other things, the reports say that Pakistan is "building a powerful new reactor for producing plutonium," ... More

EDITORIAL
Unwarranted tightening up
The interest rate policy, a reaction to the "inflationary expectations," could switch growth to the slow lane. More

CREDIT POLICY
Will the interest rate hike work?
Generally, higher interest rates have a cooling effect on an economy that has overheated. However, the Indian economy already appears to be cooling from its impressive growth. Thus the interest rate hike could further depress industrial growth, and t hat is clearly what the RBI should not let happen. More

Dr Reddy's balancing act
RBI REVIEW OF MONETARY POLICY More

RBI's pre-emptive approach
The central bank, which was hitherto reacting to events, is now following the practice of the West in predicting the course of events on the basis of the available indicators and taking measures to forestall them to the extent possible. More

REAL ESTATE & CONSTRUCTION
Seeking sanity in the real estate market
"Today, though the real estate sector is growing at a blistering 30 per cent annually, our cities are crumbling with little or non-existent infrastructure — all a result of haphazard or no urban planning." — MR DEEPAK S. PAREKH, CHAIRMAN, HDFC More

MARKETING
Consultative selling
The basic principles of sales management had been clearly established by the beginning of the last century. Managers were well versed in understanding the needs of the buyer, his motives, and developing ... More

LETTERS

KYC norms

Mumbai blasts