OPINION
EDITORIAL
Auction the spectrum
THE PLAN OF the Telecom Regulatory Authority of India to consult all stakeholders on the issue of efficient utilisation, allocation and fair pricing of frequency spectrum is welcome, but the actual process may turn out to be tricky. Differences ...
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ECONOMY
Economic consequences of the CMP
THE Common Minimum Programme of the United Progressive Alliance is admittedly a successful exercise in political compromise, reflecting the complex, but ideologically compatible, composition of the coalition that the ...
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FOREX
US dollar resumes its long decline
As the US either slides into moderate to weak economic growth with little return for dollar asset holders either from bonds or equities, the dollar has to weaken significantly in the years ahead. That makes the case for gold rather compelling at curr ent prices. Sceptical investors may regret their indecision, says V. Anantha Nageswaran.
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POLITICS
14th Lok Sabha: Mix of youth and experience
AFTER the spell of politics and polemics, post Verdict 2004, issues of governance should be coming back in focus with the President scheduled to address the joint session of Parliament today (Monday, June 7). The ...
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Tainted Ministers
INDIAN democracy is now governed by a unique and paradoxical electoral culture. On the one side we profess to cherish a noble heritage of the iridescent values of an ancient civilisation which is said to have stood for ...
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MANAGEMENT
Towards an organisational economy
THE demise of Sumantra Ghosal is a great loss to academics and practitioners alike in the field of strategic management and leadership. With C. K. Prahalad, Ghosal was one of the two Indians who, in recent times, had ...
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STOCK MARKETS
Voter-investor discord
THE stock market has been unkind to the new government. The S&P CNX Nifty has been down in eight of the last 15 days. During this period, the market saw the largest single-day fall of 13 per cent. Such stock market ...
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FOREIGN DIRECT INVESTMENT
Push hard for quality FDI
Merely receiving more FDI is no panacea for developing countries' problems. The challenge before India is to get quality FDI that fosters development. As it is, getting FDI is quite difficult, but making it development-friendly is even more so.
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LETTERS
Mardia Chemicals clarifies
I-T sops for exporters
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