The Hindu Business Line : Wednesday, May 01, 2002

Thinning the spreads
AS INTEREST RATES go down, the inefficiencies in banks are beginning to show up starkly. Non-interest working expenses of banks constitute almost three per cent of total assets, according to the Reserve Bank of India. With their cost of funds ... More

ECONOMY

Unctad report: Warning signals for India
TRUE to its tenor and pertinacity of purpose in espousing the cause of the developing countries, the Unctad (UN Conference on Trade and Development) has come out with hard-hitting homilies on the manufacturing exports of developing countries, an ... More

World manufacturing employment: The continuing paradox
Globalisation and more open trade regimes are supposed to have resulted in a shift of manufacturing employment from developed industrial countries to some high-exporting developing countries, but the data on employment does not always support this co nclusion. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine recent international evidence on employment and productivity among the important exporters of manufactured products in the world economy, and co nsider the possible reasons for such trends. More

Gujarat: Fiscal flaws eclipse economic might
GUJARAT has often been billed as one of the country's richest States. Rightly so, considering the number of parameters that include 10.77 per cent of the country's investment proposals at Rs 1,69,007 crore and 12.79 per cent of India's ... More

POLITICS

Growing intolerance
THE renowned agricultural scientist and the Chairman of the Research Foundation in his name at Chennai, Dr M. S. Swaminathan, poignantly observed at a recent seminar that while everyone was for biodiversity, there was less and less acceptance of ... More

DEBT MARKET

Steady seas ahead for bond market
THE RBI's objective in drawing up the Credit Policy seems to have been two-fold. One, to improve the flow of banking funds to specific areas of the economy to boost domestic demand and spur growth, especially in the housing sector, and to ... More

LETTERS

Economic territories

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Industrial investment in AP up 12-fold in 2 years

Investments in 93 PSUs fully eroded by losses: CAG

Sugar mills see succour in `gasohol' policy

UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund

You bet, forex is the bigger asset!

ICICI Prudential unveils two new pension schemes

Oil cos may go in for staggered price hike

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Apr. 21-Apr. 27
Budget creates an angry class

Monetary Policy 2002-03 -- Suicide by cutting interest rates