The Hindu Business Line : Friday, February 21, 2003

Tough track for Nitish
THE ONLY CRITERION by which to judge the forthcoming Railway Budget would be if Mr Nitish Kumar has made a serious attempt to set the Railways on the path of recovery through reforms. If the Budget is to confirm his efforts, it will imply ... More

BUDGET

Savings crucial to 8% growth — Mr Pranab Mukherjee, former Finance Minister
THE 8 per cent economic growth rate set out in the Tenth Plan is not feasible unless incentives to savers are ensured in the Budget, since this order of growth entails that the domestic savings rate should be around 29 per cent, says the senior ... More

Reforming pension and PFs
If the Finance Minister is looking for a good policy idea, he can look at provident and pension fund reforms. He can announce the appointment of a regulator in the coming Budget. That would send positive signals to foreign investors, besides lendi ng transparency, credibility and fairness to the pension regulatory process, says Jayanthi Iyengar. More

FOREX

Exchange rates — REER logic may be unsustainable
TILL more than a decade back, the RBI followed a policy of maintaining the value of rupee against a basket of currencies; this, of course, was never disclosed. Some analysts had, however, back-worked the basket and arrived at a reasonably ... More

TRANSPORT

Congestion charge
THAT cities round the world are plagued by a variety of ills has been painfully evident for some years. Indeed, pressures and tensions building up in urban conglomerations make them veritable time bombs waiting to explode with devastating ... More

CINEMA

Masala for Oscar
Year after year, we unerringly send our worst, our most banal and boring film, with no characters or story line, but with songs and dances, to compete for the most prestigious film award — the Oscar. More

MERGERS & ACQUISITIONS

L&T-Grasim — Valuation issue sidelined
THE fate of India's biggest cement producer remains in the balance after its failure to agree on the sale of a minority stake to CDC Capital Partners, a UK-based private equity investor. A lot has been said and written about the takeover ... More

LETTERS

Bank insurance

Budget estimates

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