The Hindu Business Line : Friday, April 15, 2005

Indo-Pak détente: Waking up to realpolitik
India and Pakistan have had their share of conflicts. Now, at last, realisation seems to have dawned that years of economic development have been lost in the process. More

EDITORIAL

Raising the rate
SEEMINGLY ANY RUSE is good enough for banks to push up lending rates with the latest being the rather sharp rise in yields on government securities. Bankers are keen to mark up the price of housing loans by 25-50 basis points over the current ... More

ECONOMY

Partnering with greater accountability
Trilateral cooperation can be an effective way of bringing "appropriate intermediate technology" and "appropriate policy" to developing countries. More

Why not a national fiscal commission?
India faces the challenge of achieving fiscal sustainability within a decentralised federal system. In the Budget Estimates, for instance, revenues are generally overstated and expenditures reclassified `conveniently'. For the Fiscal Responsibility and Budget Management Act to succeed, the transparency of the Budget process has to be enhanced by empowering an independent scorekeeper to ensure that the Budget procedure is not distorted, says T. C. A. Ramanujam. More

POLITICS

The BJP in a crisis
TRANSPARENCY is an eminently desirable virtue only when practised with a due sense of timing and responsibility and when it is the only option left to bring about an intended result. Otherwise, it becomes indistinguishable from naked display ... More

The story of the Lahore Pandit
EVERY year around this time, as Punjab celebrates the harvest festival of Baisakhi, the nation also remembers the horror of the Jallianwala Bagh massacre of April 13, 1919. But the one man who doggedly dug out details ... More

In the beginning, all chits are clean
SKELETONS seem to tumble from the closet, rather than remain in coffins, with the Centre filing an additional affidavit in the apex court, about two-dozen cases, including the Kargil coffin purchase deal, lined up for ... More

LETTERS

A win-win situation

Boosting agri-exports

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EU to scan turmeric now for banned dye — Notification on carcinogenic Sudan in 2-3 days; Spices Board gears up

`World trade growth to slow down this year'

Power consumers set to get choice of distribution utility — 11 State ERCs issue open access guidelines

Qatar, India sign air services pact; keen to better trade ties

Reliance Energy Q4 net profit rises 42.5 pc

In Focus

BHEL Disinvestment