The Hindu Business Line : Wednesday, December 31, 2003

Cheer rally with caution
THE NEW HIGH scaled by equities — with the Nifty crossing its previous all-time peak last Friday — is an occasion to cheer for investors, especially as the valuation levels are not as stretched as they were in the bull markets of ... More

ECONOMY

Towards 2004: Nothing much to feel good about
SUMITRA Behera is one of the millions languishing in the countryside. An unknown Indian, somehow surviving against all odds, she recently figured in the news when she decided to sell her one-month-old baby for a mere Rs ... More

Thank you, 2003!
NORMALLY, on December 31, the excitement is all about the New Year. The only thought for the year that has been with us for the previous 12 months is usually a la Lord Tennyson in his famous poem, Ring out, Wild Bells: ... More

FERTILISERS

Fertiliser subsidy — The hassles of payment on sales
After removal of controls, the Centre relies on a certificate from the States concerned to ensure that the fertiliser on which subsidy is claimed on dispatch has actually been sold to farmers at the notified price. But, often, this certificate is de layed, and the manufacturer's finances are hit. Making payments directly to farmers may be a way out. More

FOREIGN TRADE

Asean ties: India must look to the East with greater vision
INDIA has moved purposefully in developing a broad economic and strategic partnership with the dynamic countries of South-East Asia. In pursuance of India's "Look East" policy, the dialogue has moved from a limited ... More

POLITICS

Unfolding political alliances in Tamil Nadu
With both the DMK and the MDMK opting out of the NDA, and the AIADMK and the BJP seen more as natural allies now, the stage is set for a dramatic shift in political equations both within Tamil Nadu and in its relations with the Centre. If the Lok Sab ha elections are advanced, it looks like the State will be ready with new alliances in place for the big fight, says Rasheeda Bhagat. More

LETTERS

Doha round

Sugar production

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