Business Daily from THE HINDU group of publications
Tuesday, August 08, 2006
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OPINION

EDITORIAL
Sliding into deficit
Less-than-buoyant revenues and over-the-top spending are to blame. More

AGRICULTURE
The noose of debt
The single most important cause of farmer suicides is their inability to pay back the loans they have taken, often from private moneylenders. This age-old problem is yet to be resolved in a durable fashion. More

ECONOMY
Continental strike against inflation
The central banks' move is widely interpreted as an unexpected pre-emptive strike against inflation. More

Concentration in the competitive software business
The success of India in the global market for software services has encouraged the view that software is a competitive industry with limited barriers to entry and space for new and small players. In actual fact, however, US firms dominate the global software market, with evidence of a high degree of concentration. While the factors explaining this structure are many, there are some which have implications for an assessment of the Indian industry, argue C. P. Chandrasekhar and Jayati Gh osh. More

POLITICS
Pathak panel probe — Loose ends, grey areas
The conclusions of the Justice R. S. Pathak Inquiry Authority in the oil-for-food scandal suffer from inner contradictions. The report could have been more convincing and thorough than it actually is, says B. S. RAGHAVAN. More

INTERVIEW
`LTTE certainly wants peace'
Certainly LTTE wants it. The question is how much it is willing to compromise politically in terms of the power it wields. — MR JEHAN PERERA, MEDIA DIRECTOR, NATIONAL PEACE COUNCIL, COLOMBO More

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