The Hindu Business Line : Wednesday, April 27, 2005

Resigned to poor information?
IT IS UNFORTUNATE that the question of Mr Anil Ambani's status on the board of Indian Petrochemicals Corporation (IPCL) has been reduced to a soap opera instead of remaining an issue of corporate governance that it undoubtedly is. Consider the ... More

ECONOMY

Foreign Investment Inflows — Controls and taxes can be harmful
If the RBI Governor is convinced of the need to impose controls on foreign institutional investors, he is likely to include them in his Monetary Policy statement on April 28. Regardless of when they are imposed, the controls would discourage inflows from quality investors and their influence on financial markets will, thus, be whittled down. They will have an adverse impact on prices, trading volumes, timing of trades and, therefore, on liquidity, say G. Ramachandran and V. Subrahmanye swara Sarma. More

POLITICS

The bane of growing intolerance
SLOWLY, but surely, we seem to be moving towards the path of being less tolerant and more acrimonious towards those whose line of thinking is out of sync with ours. Hence, the increasing number of protests and attacks on politicians and other ... More

An ethical question
THE framing of charges against the Railway Minister, Mr Lalu Prasad, by a CBI Special Court at Ranchi in the multi-crore fodder scam has led to a strident demand from the leaders of parties constituting the National Democratic Alliance for his ... More

TAXATION

None can be wise and loyal, furious and neutral
WHEN in paragraph 137 of his 2005 Budget Speech, the Finance Minister came to `the issue of taxes on petroleum products' and announced reduction of customs duty on crude petroleum from 10 per cent to five, it was only ... More

CREDIT POLICY

A flat Monetary and Credit Policy ahead?
APRIL 28 marks the muhurat for the Reserve Bank of India (RBI) to unveil its Monetary and Credit Policy for 2005-06. Generally, the market is agog with speculation about the likely changes even a month ahead of ... More

LETTERS

Dollar distress

Empowering India

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