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Friday, April 20, 2007
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OPINION

EDITORIAL
Exports on a high
India's share in world trade is up from a paltry 0.76 per cent three years ago to more than 1 per cent. More

ECONOMY
Escap report: Core approach to growth
Physical infrastructure that directly benefits the poor is more likely to reduce poverty than mere growth. More

POLITICS
Details, the key to implementation
There is a humorous story of a grasshopper yearning to become a cockroach. As every schoolboy knows, the cockroach is an insect that has held its own on this planet the longest, some say since life appeared, in conditions bordering on the ... More

POWER
Equipped with the pricing power
The power market in India is highly competitive. Ever since the government speeded up reforms in this vital sector, the space has got crowded with many players coming in, particularly for equipment supply that accounts for 70-80 per cent of a ... More

CRR & BANK RATES
Increased reliance on CRR — No point blaming the RBI
Taking repeated recourse to CRR hikes to tackle inflation only skews further the asymmetric treatment of market players, putting commercial banks at a disadvantage and placing a greater burden on borrowers. Yet, the RBI has no other option, argue M. RAMACHANDRAN and D. SAMBANDHAN, explaining that the central bank will have to increasingly rely on the CRR, given the limited scope for deploying other instruments. More

INTERVIEW
The Jet deal will unlock value
Beyond the sheer change in the underlying numbers (valued at Rs 1,450 crore), the deal will create an entity with over one-third market share. It will give rise to a new competitive dimension for the airline industry. More

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