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Editorial
February 12, 2012

In defence of joint ventures

The recently announced official guidelines on the formation of joint venture (JV) companies by Defence public sector undertakings (PSU) is a step in the direction of putting in place a fair and tr... »
Opinion
February 12, 2012

Markets cannot deal with nature

A former head of Deutsche Bank's Global Markets business in Mumbai makes an unlikely disparager of markets and traditional economic theory. Yet, a recognition of the narrow limits of markets is fu... »
Opinion
February 12, 2012

Celebrate this hundred!

Rice farmers, particularly in the eastern States, are paid less than the MSP. The country is waiting for Sachin Tendulkar to get his hundredth hundred in cricket. When he gets it, there will be celebrations all around. In the meantime, a more important hundred has... »
Opinion
February 10, 2012

Food for all, but not through dole

Meeting needs under the Right to Food Bill could create a shortage in the open market. To combat widespread poverty, the government makes available basic goods and services at prices that it feels are ‘affordable' to people below the poverty line. Thus, it seeks to... »
Opinion
February 12, 2012

Great expectations from Facebook

Technology companies, when they make their market debut, always seem to flout traditional notions and metrics of valuation. Social networking site Facebook, which expects to raise $5 billion throug... »
Opinion
February 10, 2012

India can't say ‘cheese'

The dairy sector has reasons to worry. Europe is particularly proud of its local cheeses. But it doesn't stop at that. The Europeans want to be the only ones to be able to sell feta, gouda, emmental, mozzarella, and so on, glob... »
Opinion
February 10, 2012

Hullabaloo over endosulfan

Prof Ivan Kennedy

When a group of 172 nations met in April last year, under the auspices of the Stockholm Convention, to take a final decision on banning endosulfan, a chemical widely used as an insecticide, an... »

Designing signposts for a road to nowhere

Trust bureaucrats to muster all the gobbledygook they are capable of to make utterly plain and simple things obtuse, obfuscatory and complicated! If the Performance Management Division of... »

Justifying capitalism in America

The lead-up to elections is always a great source of entertainment, especially if you are not a candidate. Parties and candidates squirm as they try to explain controversial decisions and actions... »

Behind the fear of debt

If individual investors do come, it would be with the intent of reaping capital gains through short-term trades. Fears are being expressed in official policy circles that the country's dependence on foreign debt, as opposed to foreign investment, to finance the external deficit is increasing, leading to specific policy responses. C.P. Chandrasekhar and Jayati Ghosh examine these fears and assess the responses. »

Rafale win leaves UK smarting

The Indian arms market has consistently remained a European battleground. Everyone, of course, avoided being drawn into a discussion of the four-nation Eurofighter consortium's prospects for winning the $10-billion bid for 126 medium multi-role combat aircraft (MMRCA) but there was certainly an air of cautious optimism. »

February 12, 2012

Revenue recovery

“NPA, a multi-headed monster” (Business Line, February 10) brings up some interesting points. The prime reason for incidence of non-performing assets (NPAs) is a poor recovery mecha... »
February 9, 2012

Right responsibility

With reference to “Why the quality crisis in education” (Business Line, February 8), there is an urgent need to develop a national-level eligibility evaluation for primary school te... »
February 7, 2012

Norway's nightmare

I was surprised to read “A child's nightmare called Norway” (Business Line, February 3) on how Norway treats emigrants' children. I have been living in Norway for the past six years... »
February 5, 2012

Speeding up profit

“Postal Department applies to RBI for banking licence” (Business Line, February 2), reveals a long-overdue decision. The Postal Department, with its wide network of offices, especia... »
February 2, 2012

Portfolio management

With reference to the editorial “Mutual benefit” (Business Line, February 2), it must be pointed out that the revised threshold of Rs 25 lakh for entry into portfolio management sch... »
February 10, 2012

Apex directive

The editorial “Spectrum' trouble” (Business Line, February 9) has pointed out the challenges faced by the government in interpreting and implementing the Court's order in cancelling... »
February 8, 2012

Rupee payment to Iran

Regarding the news on the press conference of Mr Seyed Mehdi Nabizadeh, Ambassador of the Islamic Republic of Iran in New Delhi, on February 7, it is hereby stated that his remarks regardi... »
February 6, 2012

Debt buyback

The RBI Deputy Governor is reported to have said that “the aggregate objective of OMOs is to put in a certain amount of liquidity into the market and not help the government borrowings… Re... »
February 3, 2012

PMO's prelude

As the author has rightly put it in “Inertia and insensitivity at PMO” (Business Line, February 2), only a fractional percentage of the bureaucracy do their job seriously and the re... »
February 1, 2012

Real progress

According to the Quick Estimates of National Income released by the Central Statistical Office (CSO), the per capita income of India at the current prices (in 2010-11) is estimated at Rs 5... »

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