The Hindu Business Line : Monday, August 26, 2002

The debt-retirement conundrum
SINCE early 2001, in tandem with the rise in the foreign exchange reserves, the Finance Ministry and the Reserve Bank of India have often been in talks to retire the country's costly external debt .In the first year of taking a policy decision to ... More

EDITORIAL

Twilight for small bourses
THE STORY OF the Delhi Stock Exchange doing "zero" business for most days this fiscal has a larger dimension that goes beyond the travails of one bourse. For, it is also the story of most exchanges in the country; it typifies the crisis they ... More

ECONOMY

Time to rethink economic systems
STANLEY Works is a venerable company making tools that is based in the state of Connecticut and began operations in the last century. It thought it would be a great idea to move its incorporation to Bermuda, a tiny island in the mid-Atlantic. ... More

IMF's latest bailout — Once again to Brazil's rescue
IN `Uncle Sam at the crossroads', there was a reference to the US Secretary of Treasury, Mr Paul O'Neil's intemperate remarks attacking assistance to economies in financial distress. The IMF has, however, surprised the financial markets by ... More

Budget: Excising political flaws
There is little hope for a balanced budget until underlying political problems are resolved. That needs a three-pronged approach: Candidates can contest in one constituency only and a sitting member cannot switch seats, forcing legislators to think l ong-term; the state must fund all serious candidates, freeing elections from black-money; and give taxpayers a voice in identifying serious candidates (parties). This, says P. V. Indiresan, may remove the political flaws of Budget-making. More

ENVIRONMENT

Will it be much noise and little action?
TEN YEARS ago, world leaders assembled at Rio de Janeiro for the Earth Summit to look at how to save the environment, and ourselves. Now, 10 years later, Heads of State and Governments have converged on Johannesburg for the World Summit on ... More

From Rio to Johannesburg — A lost decade
THE twenty years from 1972 to 1992 saw a remarkable change in the way in which mankind views its relationship with the planet it inhabits. Because of the rapid development of technology, human activities impose much greater stresses on the ... More

POLITICS

Digging democracy's grave
DO the political parties of the country have any inkling of the horrors they are perpetrating to fatten themselves? Do they realise that they are poking their fingers into the eyes of "we, the people'' by systematically and deliberately trampling ... More

LETTERS

Sustainable development

`Political consensus'

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Pick a Winner Stock Market Contest

`BG Group ready to pump in $250 m more in India'

PC-fax product from A-One Hightech

`Market to sit on debt till recovery seen in equities' — Mr K. Rajendra, Vice-President, Prudential ICICI MF

Move for FDI in elementary education comes under fire

Debt swaps may be restricted to loans against small savings

Zeroing in on `positive' side of workforce

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Aug. 18-Aug. 24
The pharm gate wars

Fed sings a different tune on economy

Draining the bitter cup

The cloud over the continent

Sustaining development — An opportunity in Johannesburg