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Monday, March 03, 2003

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OPINION

EDITORIAL


Will it pay dividends?
THE WHEEL HAS come a full circle on the question of exemption from tax of dividend receipts. In 1997, the then Finance Minister, Mr P. Chidambaram, had exempted it from the purview of taxation only for Mr Yashwant Sinha to re-introduce it last ... More

BUDGET


It is budget season in Asia
The February 28 exercise in New Delhi was preceded by one in Singapore, and is to be followed by another in Hong Kong. V. Anantha-Nageswaran looks at what has been done in one city-state and what the other is likely to do. More

ECONOMY


Economic reforms and `Garibi Hatao'
Economic reforms and `Garibi Hatao' are compatible provided the poor are empowered both in spirit and in letter through better education and improved health services. More

INFORMATION TECHNOLOGY


India and China: Diverging ambitions
Well-recognised as an economic superpower in the making, China could take the second place after the US in the not distant future. It has almost become the engine of growth for Asia, given the decade-long recession and deflation in Japan, besides bei ng the world's second largest manufacturer and the biggest consumer market. More

PETROLEUM


War and oil price
AS THE US attack on Iraq becomes imminent, the world seems headed towards an oil crisis. In India, there are fears over the sustainability of oil imports, which account for nearly 70 per cent of the country's requirement. The situation during the ... More

DEBT MARKET


Beware the bond market
BOND funds have attracted sizable investments in recent times. As of December 2002, bond funds managed assets worth Rs 77,469 crore, while equity funds managed assets amounting to just Rs 14,371 crore. The huge inflow into bond funds is mainly ... More

INTERVIEW


`Feels good but basic problems remain' : Former Finance Minister, Dr Manmohan Singh
THE 2003-04 Budget boasts of "a lot of token measures to create feel-good factors but does nothing to deal with the basic structural problems of slow economic growth, sustaining investment momentum and taking effective steps to reduce the ... More

LETTERS


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    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Feb. 23-Mar. 1
    World Bank's new brush with poverty

    Budget reading makes imminent sense


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