HURRAH TO THE Indian economy. People across the country walked into 2004 with bugles and drums, crackers and whistles, perhaps intuitively aware of good tidings which morning newspapers brought with the GDP growth touching 8.4 per cent in the ...
THE Ministry of External Affairs and the Federation of Indian Chambers of Commerce and Industry are jointly organising the second Pravasi Bharathiya Divas on January 9-11 at New Delhi with the usual pomp and ...
India Inc: World's `reforms' playmaker
Seizing the opportunities spawned by economic reforms to improve its managerial capability and responsiveness, India Inc. has shown that suppliers of capital, customers and government win when companies perform at higher levels and confront challenge s head on. It has proved the `government-or-the-market' economists wrong by creating value for both, the market and the government.
Statutory minimum price: Bitter news for sugar industry
THE Vajpayee Government has again yielded to populist pressure at the cost of an industry which tried its best to reason otherwise with the administration. But the sugar industry stands isolated in the face of combined ...
Why interest rates should go up
If, as policymakers claim, India is moving towards a market driven interest regime, then rates should be determined by demand and supply. Lower interest rates cannot be achieved through administrative diktats but by increasing the availability of cap ital in relation to demand, says A. V. Vedpuriswar.
Stamping out stamp scams
THE latest scam to hit the country, involving the large-scale printing and sale of postal and insurance stamps, non-judicial stamp-paper, court-fee stamps, and so on, has come to light at least now only because of its ...
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