The Hindu Business Line : Monday, November 04, 2002

Have dollar, open account
TAKEN IN BY the Deepavali mood, the RBI has allowed Indian residents to open foreign currency accounts. That no one expected it, makes it that much sweeter. Till date residents could hold up to $2,000; this cap is now gone. Resident Foreign ... More

ECONOMY

Is fiscal stability a rational goal?
The spectacle of Germany undergoing contortions in a trap of its own design would be comic if it were not for the tragic fact that it has grave implications for the future of both the EU's Growth and Stability Pact and fiscal activism. More

Vision 2020 — Development by competition
Competition is the in thing, and must be leveraged for development too. Development must be planned like traffic lights so that investment channelled and not too thinly spread to be viable. Only then can progress be swift. There will be less risk of damage to quality also, says P. V. Indiresan More

PETROLEUM

How energising the gas find?
THE recent discovery of natural gas by Reliance in Krishna-Godavari Basin will make a significant contribution in the energy supplies of the country. Estimated availability of 40 million meter cube per day (MMSCMD) of gas will be equivalent to 13 ... More

GENDER

Women in action: A heartwarming experience
THE realisation that a silent revolution is sweeping the villages in India came upon me when I attended on October 26-27, 2002, a two-day conference of close to 700 women panchayat presidents of Tamil Nadu organised jointly by the Hunger Project ... More

FINANCIAL MARKETS

Financial markets — Segmented domestically, integrated globally
Though the unorganised sector dominates in sectors such as trade, private transport and hotels, it does not get adequate funds from the public sector banks, which are geared to "asset based lending" rather than lending based on cash flow forecasts. T o reduce the borrowing cost of the unorganised sector, the financial market has to be integrated by making the informal credit agencies channel partners of large banks. More

FOREIGN DIRECT INVESTMENT

Resolving conflicts for faster growth
IN AN interview published in these pages early October this year, GE's Chairman and CEO, Mr Jeff Immelt, was questioned on a topic that must now rank as the press' most favourite hobby-horse. Namely, how are we doing compared to China. Mr Immelt ... More

CUSTOMER RELATIONSHIP MANAGEMENT

Process focus: Towards resource optimisation
"No company can escape the need to re-skill its people, reshape its product portfolio, and redesign its processes and re-direct resources. Organisational transformation is an imperative for very enterprise. The real issue is whether ... More

LETTERS

Foreign exchange accounts

Landmark judgment

White-collar jobs

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