The Hindu Business Line : Monday, March 21, 2005

US insensitivity
I AM not going into the diplomatic contretemps over the refusal of visa by the US to the Chief Minister of Gujarat, Mr Narendra Modi. We can safely leave it to the Prime Minister, Dr Manmohan Singh, to handle that with ... More

EDITORIAL

The row over baby oil
THE MAHARASHTRA FOOD and Drug Administration has objected to the consumer care and drug maker, Johnson & Johnson using the word `baby' in marketing the oil intended for infants, and wants the latter to remove the word from the product label. The More

CORPORATE

Discount offers and investors' memory
ING Vysya, Karnataka Bank and Punjab National Bank have offered shares at a considerable discount to the market price. The list of companies issuing shares at a discount could well expand, as many have lined up ... More

ECONOMY

Why we must aim for Golden Cities
The poor, like Oliver, ask for more; the rich will ask for something better. Our new Vision should be for better quality, not larger quantity. What India needs is not merely more urban development but quantity combined with quality. On that score, th e Budget's contribution has been but marginal, says P. V. Indiresan. More

`Work to live' is more their motto
AS I move around Paris, the banners in the streets proclaim support for the city's bid to host the 2012 Olympics. Even the Eiffel Tower has a sign that says `Paris 2012, Ville Candidate' followed by the five ... More

PETROLEUM

Tight oil position ahead?
An increase in domestic oil prices would severely affect economic operations, as higher running costs would translate into higher road freight rates, which will be passed on to the consumer. Even if the Government were to oblige the oil companies by raising prices, the latter would still be financially badly off following the changes made in the 2005-2006 Union Budget. More

BANKING

Making sense of Basel II norms
IN 1988, the Bank for International Settlement (BIS)-based Basel Committee on Banking Supervision came out with regulations regarding the capital requirements of banks. Although these were essentially intended for ... More

LETTERS

Cash transaction tax

Service charge for all withdrawals

Double taxation

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