![]() Financial Daily from THE HINDU group of publications 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 flowsIt 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 relevanceBy 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 unlimitedWORLDCOM 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 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories 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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