The Hindu Business Line : Friday, July 02, 2004

EDITORIAL
Heady growth, but...
WITH A GROWTH rate of 8.2 per cent in output of goods and services in 2003-04, India has lived up to its international billing as the second fastest growing economy, marginally behind China. Certainly, the latest CSO (Central Statistical ... More

BUDGET
Will it be a common man's Budget?
However dexterous the framework of the Budget, with the best economic brains of the Prime Minister and the Finance Minister behind it, it has to respond to the aspirations of the country at large. More

Budget, needed a citizen's guide
THE Union Budget results from a prosaic constitutional provision requiring an ``annual financial statement' to be placed before parliament every year. (The word budget, nowhere mentioned in the Constitution, is ... More

POLITICS
Whodunit?
THE widely held view that the BJP is a tightly knit party that knows its own mind has been punctured by the utterly bewildered state in which it finds itself in the wake of the recently held election. Whether India was ... More

MANAGEMENT
Negotiating between cross-cultural corporates
MARKETS are becoming global at an astonishing pace. As sellers look for new outlets with less competition and better margin, buyers are looking for enhanced quality and price advantage. People in developing countries ... More

RAILWAYS
Railways: Waiting for a new direction
Railway finances are now heading towards a crisis and the beleaguered system is waiting for a new direction. Considering the serious financial constraints facing the Finance Minister, there should be a much greater effort on the part of the system to mobilise resources through further rationalisation of fare and freight structure and aggressive marketing. What the Railways now need is a new direction and a vision for the 21st century, says S. D. Naik. More