OPINION
EDITORIAL
Trust lost
SEEN ANYWAY, THE moratorium on Global Trust Bank (GTB) is poor advertisement for private banks and the regulatory finesse of the Reserve Bank of India. Since 2001, when the RBI told Mr Ramesh Gelli to step down as the chief executive of the bank ...
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ECONOMY
HDR: Managing cultural diversity for stability
THE brainchild of two Asian economists of importance — Amartya Sen and Mahbub ul Haque — the latest UN Human Development Report (HDR) incorporates information on development indicators such as GDP, ...
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Govt finances: Divide to multiply
The monsoon has been unkind. The demands of coalition partners are heavy. The Government needs all the help it can get to reduce the yawning deficit. Decentralisation of finance management will help both by amplifying incomes and by improving the eff iciency of utilisation, says P. V. Indiresan.
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POLITICS
Civil service reform
THE recent happenings in the UK have led to a general sense of dissatisfaction with the calibre and quality of the civil service, ascribed to the erosion of the age-old canons of anonymity, neutrality, impartiality and ...
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EDUCATION
Suicidal matters
THE gruesome suicide of 22-year-old Rajani S. Anand has shaken the conscience of Kerala. A student in computer engineering at the College of Engineering, Adoor, run by the Institute of Human Resource Development in Electronics, she took her life ...
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Horrors that history can sober us with
THERE are many mails that have come in response to the previous piece `If only banging our heads can make us saner...', which was about our ineptitude in handling calamities such as the one that struck in Kumbakonam. While many suggestions may ...
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DERIVATIVES MARKETS
A future for derivatives
THE SEBI decision to relax norms for introducing stocks in the derivatives segment is encouraging. Equally noteworthy is the measure to delink margin requirement from open interest position limits. But these norms are ...
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ROADWAYS
Resolving the crisis in traffic management
IT IS said that over 200 vehicles are being registered daily in Bangalore city. For anyone who has sat for hours in a vehicle trying to get through Airport Road or Dairy Circle, the future must seem like a nightmare. ...
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LETTERS
Fertiliser subsidy
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