The Hindu Business Line : Friday, August 12, 2005

Funding SMEs
HAD THE BANKING system cared to finance small and medium enterprises (SMEs) in the normal course, the Finance Minister, Mr P. Chidambaram, may not have had to ask public sector banks to increase their lending to this sector at a minimum growth ... More

CORPORATE

Unlock ratios to find riddles to reason and reckon
THE likelihood of one individual being right increases in direct ratio to the intensity with which others try to prove him wrong, said Leonore Fleischer. With different ratios being spoken about in the case of Reliance, ... More

ECONOMY

BIMARU or bimari?
THE BIMARU States comprising Bihar, Madhya Pradesh (MP), Rajasthan and Uttar Pradesh (UP) have long been known to be lagging behind in respect of most indices of economic growth and at the bottom of human and infrastructural development. This ... More

TAXATION

Tax reform: Change doesn't mean stability
The Taxation Laws (Amendment) Bill, 2005 has proposed a series of changes to the income-tax law. There is no doubt a need for tax reform, but the remedy for the fiscal ills lies not in introducing irksome levies, such as the fringe benefit tax and th e cash transaction tax, but in pruning the tax law and making it simpler and less cumbersome, says T. C. A. Ramanujam More

MERGERS & ACQUISITIONS

India Inc high on mergers and acquisitions
DEAL activity in the first half of 2005 broke out of the flat trend seen since mid-2002. INDATA recorded 277 deals valued at Rs 261.5 billion ($6 billion) between January and June 2004. H1-04 was a good period for ... More

INTERVIEW

`Is Govt losing faith in leading role of PSUs?' — Mr Gurudas Dasgupta, CPI Member of Parliament
The United Progressive Alliance (UPA) coalition Government, led by the Congress(I), sets great store by the National Common Minimum Programme (NCMP). The Left parties lending support to the UPA Government too brook no deviation from the agreed ... More

LETTERS

Not a futile effort

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