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Monday, June 16, 2003

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OPINION

EDITORIAL


Tea to Pakistan
IT IS TO be hoped that the forthcoming visit by an Indian Tea Association delegation to Pakistan will help create conditions under which the latter will emerge as a regular importer of Indian teas. The tea industry's fresh initiative comes at a ... More

POLITICS


Keep off Iraq!
INDIA IS wisely buying time to decide whether or not to send troops to Iraq. The issue certainly needs to be approached with the greatest caution. Finding itself in a mess in the country which it has annexed under false pretences, the US is ... More

TECHNOLOGY


Diesel engines: Prime movers for light vehicles
Cutting-edge turbocharger technology, oxidation catalysts, particulate filters, selective catalytic reduction and e-boosting have wrought a sea-change in the much-maligned diesel engine, giving it a whole new identity as a clean, quiet, efficient and increasingly preferred option. More

FOREIGN DIRECT INVESTMENT


Startling truth about capital flows
It is the developing countries' current account surpluses and savings that are being used to propel economic growth in the richest countries. It is time to rectify the global imbalance by devising an alternative system by which the former can use the abundant reserves to catalyse economic growth in their own countries rather than sustain the extravagance of the developed nations. More

WTO


WTO moves on market access
Since market access is one of the main instruments which the poor world can use to prise open the markets of the developed countries, there is little doubt that some very hard bargaining will be witnessed in the weeks ahead between the opposing camps . Clearly, the issue of `reciprocity' will be exploited to the hilt by the rich economies to extract their pound of flesh for any concessions they are forced to make on this front. More

TRADE & LABOUR UNIONS


Trade unions: Retaining their relevance
By their own commissions and omissions, trade unions have become unimportant. For a fresh lease of life, they must change tack, by promoting productivity and not seeking free lunches. Instead of wage increases, they must seek better amenities, says < B>P. V. Indiresan. More

ECONOMIC OFFENCES


Frauds unlimited
WORLDCOM Inc. and Enron made banner headlines last year when the accounting frauds their senior executives had committed began to unravel slowly. WorldCom, a telecommunications firm, first announced that it had made financial misstatements to the ... More

LETTERS


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    Startling truth about capital flows


    Food product exporters bracing for US Act

    Conversion of Rs 20,000-cr special securities into dated stocks — RBI gets added muscle for OMO

    Chemical dye detected in chilli powder — Shipments withheld in France; Spices Board suspends 2 exporters

    Hardware production bases — No time to lose, says Shourie

    In Focus
    SARS scare
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collection
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Jun. 8-Jun. 14
    Prodding the economy into a trot

    Creating history

    Middle-class is not necessarily the decisive voter


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