The Hindu Business Line : Tuesday, February 21, 2006

Cage the confusion
THE MAHARASHTRA GOVERNMENT'S response to the reported bird flu incident could easily be a case of locking the stables after the horses have bolted. Initial statements from the State administration had it that the birds died of Ranikhet disease ... More

ECONOMY

India's savings rate surge
The revised estimates of national income with 1999-2000 as base suggest that an increase in the savings rate since 2002-03 has been sustained into 2004-05, taking the domestic savings rate to record levels. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the estimates to unravel the source of the sudden and remarkable increase in national savings. More

STEEL

Mittal Steel bid for Arcelor — A lesson in economic globalisation
The Mittal Steel bid for Arcelor has elicited differing views from the companies, observers and politicians. With the Arcelor brass appearing to change tack from the initial opposition to the bid, it may be best for politicians to keep off, says B hanoji Rao, doing a quick recap of the bid's progress. More

HUMAN RESOURCES

Sixth Pay Commission — Ensure efficiency before hiking salaries
From what the upcoming Sixth Pay Commission stipulates, Dr Manmohan Singh wants to use savings of the citizens and inflows from foreign investment to pay higher salaries to government employees. Wouldn't it be better if the government used the money from these two sources to lower tax rates or provide relief, instead? More

RAILWAYS

Mr Lalu Prasad and his horses
"IF YOU do not milk the cow fully, it falls sick," announced sagely Mr Lalu Prasad, who as the Minister for Railways is responsible for the efficient and safe working of this behemoth, which employs 1.7 ... More

LETTERS

Village economy

HR measures

Indo-France trade

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Pick a Winner Stock Market Contest

DoT for lowering cost of telecom operations

Shortfall likely in direct tax collection this fiscal

FM stations to zoom in on regional ads in small towns

ONGC close to buying SPIC Petro for Rs 1,200 crore — Formal pact may be signed soon

In Focus

Infrastructure woes stare IT sector