The Hindu Business Line : Monday, June 11, 2007

ECONOMY
The importance of outcomes
The economic policies are producing considerable revenues but little of desired outcomes. Probably due to opposition from both the bureaucracy and politicians, the idea of outcomes has receded into the background. But had outcomes been the criterion for evaluation, the Finance Minister would have got top marks, his colleagues would have been hauled over coals, and the Prime Minister would have been saved much embarrassment, says P. V. INDIRESAN. More

Inclusive growth
The Prime Minister has of late been haranguing captains of industry for conspicuous consumption, cautioned against excessive remuneration and drawn attention to the need for inclusive growth. Not many will recall that it was the same person as ... More

FOREIGN TRADE
Prodding China to be responsible trade partner
The one big issue on the table is the trade deficit. In 2006, the US deficit with China rose to $233 billion, its largest imbalance ever recorded with a single trading partner. More

FOREX
Japan experiments with Singapore sling!
With Japan considering the setting up of a special investment fund, modelled on Singapore's Temasek, and the runaway success of the latter, it seems that state agencies run by bureaucrats may dominate the stock markets, instead of the reverse. This p iquant situation has lessons for the RBI, should it choose to adopt a similar model. Experience has shown that state-run investment vehicles can also turn out good returns. More

CORPORATE GOVERNANCE
Wanted: New boardroom dynamics
What happens within boardrooms of companies has a direct bearing on corporate governance, and the character and value systems of the directors and the time and inclination they have to exercise close and ... More

INTERVIEW
Looking to draw more clicks
No matter where they live, Indians have a "common context, an integrating idiom and a unifying thread. And this is what Sulekha seeks to capture and prize." More

LETTERS

Innovative vehicles

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