The Hindu Business Line : Tuesday, October 01, 2002

States must mend ways, now
WHAT ARE THE States up to? The Rs 3,154-crore loan package the Finance Ministry extended the other day restates two bitter facts on the issue of States' fiscal health. One, in spite of any number of meetings at the highest level to address the ... More

AGRICULTURE

International agricultural commodity prices — Paradox of buoyancy
The past few months have yielded evidence of a rise in the world prices of a number of agricultural commodities, raising the possibility of a reversal of the long-term trend of decline in commodity prices. Paradoxically, this development occurs in a context of depressed demand conditions and slow growth in the world economy. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the factors that could be responsible for this unexpected buoyancy in primary commodity prices. More

COURTS/LEGAL ISSUES

Perks for judges: Lapse of luxury?
HONDA City! Is it now "Judges' pride, Bureaucrat's envy"? Whatever may be the catch phrase one may coin to advertise it, it appears that when the automobile came up for mention in the court, the learned Judges were not amused. The government, ... More

ECONOMY

S&P's downgrade — Will it jolt the policy-makers?
The S&P downgrade is, no doubt, harsh but instead of expressing disappointment and outrage the policy-makers would do well to take it as a wake-up call and make all efforts to put the reform process back on track to ensure that the revenue and fiscal deficits, both at the Centre and the States, are brought down to acceptable levels within a reasonable time-frame, says S. D. Naik. More

REGULATORY BODIES & RULINGS

Regulators: Who is better and why?
One way of keeping tabs on regulatory bodies is through a comparative analysis of their performance. Regulatory benchmarking enables a review of the regulatory position and creates a system of competition and commitment. The intention of the exerci se is not to control the regulator's actions but to gauge how effectively they incorporate good governance practices. More

LETTERS

Taxing the investors

Conflict resolution

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