The Hindu Business Line : Saturday, August 31, 2002

Why the panic?
A BELOW PAR monsoon has got the RBI into a flap with its Annual Report 2001-02 going back on the initial prediction of a 6-6.5 GDP growth for the current year. Could not the central bank have waited till end-September? Did it need to retract ... More

ECONOMY

The growth puzzle
India needs to compete for resources with emerging economies such as China and the South-East Asian nations. Foreign investors are focussed on returns on investment and, in this respect, the South-East Asian countries are ahead of us, says Nilanjan Banik. More

ENVIRONMENT

In Rio's footsteps?
DESPITE the fact that the conference has just begun, it is now more or less certain that the Johannesburg Earth Summit on sustainable development will not be able to break the ice that has formed between the world's rich and poor on how to go ... More

TAXATION

Noose on mamools
Secret commissions supported by `signed' vouchers may not be enough for the taxman, says T. C. A. Ramanujam More

A bungle in the boot
S. Murlidharan highlights the fallacy in the valuation formula for the car perk More

Why bet on losers?
Without doing its homework, the Department has been flooding the ITAT with its appeals, says T. N. Pandey More

Fairness frayed
R. Anand discusses a recent Jharkhand High Court decision on the perk value of housing More

Carry-bag tax
IT SEEMS officials at DEFRA (Department for the Environment, Food and Agriculture), the UK, are determined not to be outdone when it comes to dreaming up new tax proposals. After plans for a tax on household rubbish were floated by the ... More

Narrow domestic walls
Joseph Prabakar on the irrelevance of entry tax More

MONETARY POLICY

Elasticities relevant to monetary policy
THE general approach to economic policy and monetary policy is widened by the introduction of the concept of economic or business activity. The latter has to be captured by combining the indicators of groups of economic or business activities. ... More

ECONOMIC OFFENCES

Nothing to hide in catwalk of the corrupt
TRANSPARENCY International, founded in 1993, `is the only global non-governmental and not-for-profit organisation devoted solely to curbing corruption', reads the latest report from TI, and I am sceptical not just about the `only' claim. Not ... More

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