Welcome grain export subsidy
IT IS HEARTENING that New Delhi has at last realised the need to establish India as a reliable and long-term exporter of foodgrains. The Finance Ministry has cleared a proposal to grant up to Rs 300 crore as export assistance for this fiscal and ...
Telecom: Why 74% cap will not ring in FDI
India needs investment in telecom on a huge scale, including foreign investment. However, whether foreign investment would help improve network coverage and make phones available to those in villages and remote areas is extremely doubtful.
Dollar slide and the world economy
Lower growth in the American economy caused by rising oil prices and a possible drop in consumer spending spells a bearish outlook for the dollar. The next year could see major currencies, along with gold, appreciating against the dollar, says V. Anantha Nageswaran.
Paradox of India's fiscal sickness
A RECENT Working Paper by Prof Ricardo Hausmann of Harvard and Ms Catriona Purfield of the IMF discusses the paradox of India's fiscal sickness, which has not brought the dire consequences that such a condition has ...
Performance, with style and index
Fund-houses should look to exploiting mispricing in assets through not-so-greatly exploited investment strategies. This would mean adopting hedge-fund-like strategies within the constraints of long-only strategies. Of course, funds can also combine d erivatives with the spot market to capture the benefits of long-short strategy.
Do we deserve a place among the `deadbeat nations'?
ONE of the many architectural works of Charles Correa is India's Permanent Mission to the United Nations. As the URL of that office www.un.int/india/about_pmi.html would inform, it has "a striking personality and embodies the cultural iconography ...
A RECENT issue of The Economist takes a rather dim view of the business books which are being churned out on all sorts of themes. Barring, as always, notable exceptions, most of them "appear to be little more ...
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