The Hindu Business Line : Friday, May 20, 2005

UPA's foreign policy report card — More `As' than `Bs'
Dr Manmohan Singh has initiated steps to shed fears about competing with China and is even considering a free trade agreement with it. The contribution of Indian professionals to American productivity and research and development capabilities are imp ortant factors drawing the US and India together. On handling relations with Pakistan too, Dr Manmohan Singh deserves full marks, says G. Parthasarathy. More

EDITORIAL

SEBI cracks the whip
THE INVESTMENT RESTRICTIONS imposed by the Securities and Exchange Board of India on UBS Securities appear to be justified, coming as they do as a reaction to the latter's refusal to part with information on its operations during last year's ... More

TELECOMMUNICATIONS

Call off the ADC
ACCESS DEFICIT charge (ADC) is once again in the news. The Telecom Regulatory Authority of India (TRAI) recently changed the definition of roaming for calculating the ADC. At the same time, it came out with a consultation paper, which suggests ... More

INSIGHT

If he seeks peace without a treaty, he is calculating
AS IF a mystery treaty has been signed, there's apparent peace between the Finance Minister and the central banker, with the Finance Ministry said to have no difference with the Reserve Bank of India on FII inflows. However, on relations with ... More

ECONOMY

Energising Collectors
THE two-day meeting of over 450 Collectors (known as District Magistrates/Deputy Commissioners north of the Vindhyas) in various States called by the Prime Minister, Dr Manmohan Singh, at New Delhi on May 19-20, is the first occasion when the ... More

When will a yuan revaluation happen?
CHINA is among the big stories of the global market. When and how China will modify or revalue the pegged exchange rate of the yuan currency against the US dollar is the key issue. Note that it is almost taken as axiomatic that a modification ... More

TEXTILES

Gainers and losers, post-MFA
THE year has ushered in a new beginning in the world trading system with a regime of quota-free trade in textiles and clothing. The textile sector has been subject to various restrictions since 1961; it has finally been integrated into the World ... More

CORPORATE GOVERNANCE

Confounding corporate governance
THE recent developments at the Reliance group highlight the opaqueness in Indian corporates. The allegations of movement of funds and a divergence between control and cash flow rights across group companies is at the heart of the corporate ... More

LETTERS

One year of UPA Government

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