OPINION
RICE
The price of rice
NOT many people may be aware that this year has been declared the International Year of Rice by the Food and Agriculture Organisation (FAO) of the United Nations. This should strike a chord with Malayalees everywhere, especially in Kerala where ...
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EDITORIAL
Ties re-defined
THE OLD BONHOMIE, based on ideological ties, between New Delhi and Moscow is a thing of the past. In the new, post-Cold War environment, hard-nosed economic and business considerations are what matters in the ties between the two countries. This ...
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EXCISE AND CUSTOMS
PUBLIC POLICY NOTE
Tariff regime awaits next quantum jump
While we have come a long way in terms of duty structures, there is much to be covered. The aim should be for a structure that calls for one standard rate on all dutiable articles, except one or two. India would then be unique in terms of trade tran saction costs. But are we ready for a change of mindset?
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FOREX
The US dollar versus the Chinese yuan
China is under increasing pressure from the US to revalue the yuan. With the US Government unwilling or unable to halt the decline of the dollar, this is seen as the means to prevent a dollar crash that can take the world economy into recession. In t his edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the background to this perception and its validity.
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HEALTH
The ballooning of Americans
America is splitting at the seams, literally. But no one seems to care. For now, big is beautiful and obesity, a business. Feeding off the fat of the land, garment companies are launching a whole new range of trendy plus size clothing and advertiseme nts aggressively campaign flab as fashionable.
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INFRASTRUCTURE
Powering projects with forex reserves
In the power sector, the equity investment climate has always been buoyant. But the expected investment has not flowed into this area because of viability and bankability issues. Once deficit financing reaches out to strengthen these areas, equity an d debt investments will start, says S. Padmanabhan.
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TRENDS
Institutions must survive us all
THE emergence of the large, impersonal organisation built on egalitarian contracts between people is a recent development in human history, more so the 20th Century. The more natural order till then, and even till this ...
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LETTERS
Offshore banking
Growth with equity
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