Financial Daily from THE HINDU group of publications
Friday, June 13, 2003
Markets (June 12)
BL 2501205.06 (+14.64)
BSE Sensex3337.30 (+22.70)
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Dollar (Buy/Sell)46.62/46.75
Gold Std (10 gm)5475 (-15)

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OPINION

EDITORIAL


Little worry on outsourcing
THE INDIAN SOFTWARE AND IT-enabled services industry must feel relieved that the Government is determined to fight any market-access curbs that Europe or the US might seek to impose. The protectionist tendencies of these developed countries ... More

ECONOMY


Making globalisation work
AS THE G8 summit opened in Evian recently, the anti-globalisation movement was once again on hand to protest the G8 and corporate-driven globalisation. The agenda for an alternative summit, timed to coincide with the G8 meet, covers important ... More

Prodding the economy into a trot
Taking a look at the economy at the end of the first quarter, G. Srinivasan says the Finance and Commerce Ministries have a task cut out in reviving retail investor interest in equity, finding ways to step up public investments, and ushering in a dual exchange rate regime to insulate exporters from the fallout of an appreciating rupee. More

POLITICS


Ayodhya issue — Searing search for solution
WHILE much of India waits for the monsoon to bring down the temperature, the heat in Uttar Pradesh seems to be unrelenting... both in Lucknow and at Ayodhya. While the UP Chief Minister, Ms Mayawati, was on a foreign sojourn, the carpet was ... More

TAXATION


The VAT drama in Ghana
The sharp decline in aid since the early 1990s compelled Ghana to explore alternative sources of revenue and the search culminated in the adoption of VAT in March 1995. More

DISINVESTMENT


Is privatisation the way to go?
At least the key sectors — water, electricity, railways — should not be privatised. If one were to argue that the regulating bodies, such as the RBI and SEBI, will prevent scams, one would do well to remember the various stock scams. Also , it is possible for any industry which enjoys monopoly to create an artificial scarcity or at least control the demand and supply position in the market. More

TRENDS


Creating history
THOSE who create history are themselves unaware of the fact. When one fine morning, just like any other, Martin Luther pasted on the church door in his native village his protest against the distortions creeping into Christianity thanks to papal ... More

LETTERS


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    In Focus
    SARS scare
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    Pakistan Diary
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    Gold: Still the winner?
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    Books and Reviews
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    Jun. 1-Jun. 7
    ICT and development: The connectivity barrier

    GM foods: Towards an apocalypse

    Are we ready for CAS?


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