The Hindu Business Line : Tuesday, September 28, 2004

EDITORIAL
Consolidation bug bites the PSBs
NO SOONER DID the Finance Minister, Mr P. Chidambaram, suggest greater consolidation in the banking industry than public sector banks (PSBs) began announcing to the world that they are in the market for acquisitions. There have been reports of ... More

ECONOMY
India's worsening fiscal imbalance
While the latest RBI Annual Report highlights the real GDP growth of 8.2 per cent during the year, it does not hide its concern over the deterioration of government finances, including those of the States. There is an urgent need to step up public in vestment in agriculture, infrastructure and social sectors to sustain the growth momentum, but where will the money come from, asks S. D. Naik. More

FOREIGN TRADE
Foreign Trade Policy — Long on intent, short on strategy
Though bristling with schemes and plans, the Foreign Trade Policy neither offers convincing steps to substantially cut transaction costs nor spells out international economic strategy. More

PHARMACEUTICALS
Pharma prices: Deregulate in tapered doses
WHETHER regulating pharma prices in a market-driven economy is correct or not continues to be a matter of debate around the world, including India. This is, of course, not unique to pharmaceuticals but cuts across ... More

LETTERS

Household mindset

Foreign hand

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