OPINION
EDITORIAL
Unnatural advantage
THE FINANCE MINISTER, Mr P. Chidambaram, is open to foreign banks acquiring 10 per cent share every year for three-four years that would enable them get majority stake in Indian private banks and is ready to facilitate the move by scrapping the ...
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ECONOMY
China's rate hike is just the beginning
JUST on the eve of the US Presidential elections, China managed to steal the thunder away from the US with its rate hike. Its one-year lending rate has gone up from 5.31 per cent now to 5.58 per cent. The deposit rate ...
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INFRASTRUCTURE
A megalopolis on oxygen
There are many who believe that the self-styled megalopolis carrying the tag of Mumbai, if it continues to load its infrastructure along the present lines, is on its death throes.
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PETROLEUM
Oil price hike: A blessing in disguise
THE Finance Ministry is worried about the impact of the price of oil. It has cut the import duty on oil to soften the impact of the price rise. The Finance Minister has furthermore written to the State governments to ...
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PHARMACEUTICALS
Clinical trials and good practices
Many who agree to participate in trials are often unable to distinguish between treatment and research.
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CREDIT POLICY
Mid-Term Review of Credit Policy Targeting inflation without hurting growth
The RBI has tried to maintain the delicate balance between price stability and growth. Despite strong inflationary expectations, the RBI Governor, Dr Y. V. Reddy, has resisted the temptation of even a small increase in the Bank Rate from the current 6 per cent and the CRR from 5 per cent primarily because he did not want to spoil the sentiment and hurt the growth process, says S. D. Naik.
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MANAGEMENT
Forces driving the New Economy
THERE is a general tendency to presume that the old and orthodox thinking is regressive, while the new and novel is good. But this assumption need not be always right. While some new thinking may provide a real ...
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LETTERS
Transfer of Governors
US elections
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