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PSUs and nuclear power (21 November 12:00) |
| Necessity is the mother of invention — and in India, innovation too. It is not surprising therefore that various public sector companies are suddenly looking to invest in nuclear power. Gi... |
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Destiny awaits innovative India (21 November 12:00) |
| The Indian genotype is unique, especially so in its ability to innovate. This is because innovation requires the four Cs: chaos, creativity, communication to generate ideas, and channelisati... |
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Politics of religion in DTC (21 November 12:00) |
| A feature of donations to religious shrines both in the extant Income-Tax Act, 1961 and in the proposed Direct Taxes Code Bill, 2009 is that such donations must be for repairs or renovat... |
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Major changes for non-residents (21 November 12:00) |
| Tax incidence is one of the main factors considered in all business decisions. Business strategy involves a thorough study of domestic tax laws and the tax treaties among countries. The fle... |
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Will taxpayers really benefit (21 November 12:00) |
| For well over three decades, the income-tax department has been popularising the motto, “We trust you, you trust us”. The Government has been dinning into the ears of the taxpayer that t... |
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Discussion Papers (21 November 12:00) |
| The flavour of the season in the Finance Ministry appears to be issuing quality Discussion Papers. It commenced with the much-debated Direct Taxes Code (DTC) and has been followed up with th... |
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Information overload (21 November 12:00) |
| In the case of a charitable institution (an educational body to be precise), existing since many years and constituted under a trust deed, all kinds of information have been called for with... |
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Mirage! (21 November 12:00) |
| We have been hearing from government from time to time predicting a fall in the inflation rate. A few months ago we were told that the price rise in foodgrains could be arrested through the ... |
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Pays to do good (21 November 12:00) |
| The refers to the editorial “It could pay to do good” (Business Line, November 19). Measurable benefits to society should be the key criteria for net CSR credits, not the quantum of mon... |
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The RBIs tiny pot of gold (20 November 12:00) |
| India has all along been the largest market in the world for gold. Yet, for many years, policymakers have denigrated the proclivity of the masses to buy and hoard gold. Paradoxically, all de... |
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Obamas visit to China Ruckus over non-issue (20 November 12:00) |
| The conclusion of the visit of the US President, Mr Barack Obama, to China to confer with the Chinese President, Mr Hu Jintao, and news reports of their formal joint statement and separate ... |
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Challenges prospects trade-offs (20 November 12:00) |
| The seventh ministerial meeting of the WTO, scheduled to be held in Geneva from November 30 to December 2, will address the organisation’s functioning, the multilateral trading system and ... |
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Was Keynes anti-Semitic (20 November 12:00) |
| One of the less explored aspects of the brain drain from India has been steady departure of Indian economists for foreign shores, including the most famous of them all, Amartya Sen. Since 19... |
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Pulls pressures on cotton exports (20 November 12:00) |
| The Government is again under pressure from the domestic textile mills lobby to ban raw cotton export. A subsidy on exports last year had put the mills under a great disadvantage, as they ha... |
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Divisive politics (20 November 12:00) |
| Kudos to the author of “Monster of divisive politics” (Business Line, November 17) for taking on the pusillanimous politics of the Thackeray clan! It is difficult not to be cynical when ... |
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Unproductive policies (20 November 12:00) |
| “The wages of neglect” (Business Line, November 18), rightly points fingers at the ‘callous’ attitude of the government in not being ‘hyper-sensitive’ to ‘global warming |
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Managing risk and performance (19 November 12:00) |
| In The Economist’s Special Report on International Banking, speaking on risk, the author quotes a bank boss saying that “the securities industry was based on revenue, not on risk-adjuste... |
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Standalone on one foot (19 November 12:00) |
| Demerger has quite a few rationales going for it. First is the conglomerate discount factor. A conglomerate, the market enthusiasts aver, is punished by the market players with a discount fo... |
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Changes in Defence procurement (19 November 12:00) |
| Defence is likely to remain a priority sector for the Government. Given the terror strikes, past conflicts and adverse security environment, the defence procurement budget is expected to inc... |
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It could pay to do good (19 November 12:00) |
| If the Minister for Corporate Affairs, Mr Salman Khurshid, has his way, India could become the first country to adapt innovatively the carbon credit system so that companies are enabled to ... |
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Transition from CST (19 November 12:00) |
| The First Discussion Paper on Goods and Services Tax (GST) in India could not have been released at a better time when the indirect tax collections have dived by 13 per cent on a month-on-m... |
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Reclassifying financial assets (19 November 12:00) |
| The CFO of a company is said to have remarked: “My accountant printed this year’s balance-sheet in colour-red.” Balance-sheets of many companies have been tainted over the last year an... |
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Crisis Management Effect on the RBIs balance sheet (19 November 12:00) |
| Despite sound fundamentals and no direct exposure to the sub-prime assets, India was affected by global financial crisis, reflecting increasing globalisation of the economy. As the balance o... |
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WTO and inequalities (19 November 12:00) |
| This refers to the article “Toning up the WTO” (Business Line, November 16). |
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Stuff of legends (18 November 12:00) |
| Not many, at least in India, would have heard of Eilean Righ, a picturesque island in the Lake Loch Craignish, west of Scotland, about 100 miles from Glasgow. Jet-set traders in currency and... |
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For mutual benefit (18 November 12:00) |
| The Securities and Exchange Board of India (SEBI) has done well to open up another outlet for investors to buy and sell units of mutual fund schemes through registered stock brokers. There i... |
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Manmohan Singhs State visit to the US Let not the fizz pass for stuff (18 November 12:00) |
| There is a spirit of the vaudeville in Americans. When they set their hearts to it, no one can beat them in charm offensive. They will go all out, they will pull out all stops to give a rous... |
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Climate change India and Copenhagen Summit (18 November 12:00) |
| The Copenhagen Summit to forge an international agreement on greenhouse gas emissions into the atmosphere is near. Although many conferences have been held in preparation for the summit, the... |
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The wages of neglect (18 November 12:00) |
| The UPA is in an upbeat, if not complacent, mood following its electoral victories in the States since the Lok Sabha elections. The Minister for Agriculture has particularly good reasons to ... |
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Blow for Copenhagen (18 November 12:00) |
| The way some important and powerful nations are behaving in negotiations on complex but critical international issues gives the impression that a vicarious pleasure is being sought by some w... |
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Tackling corruption (18 November 12:00) |
| The article ‘Corruption, a threat to democracy’ (Business Line, November 16) made interesting reading. I agree with the view that corruption undermines democracy. One of the measures th... |
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Recession theory (18 November 12:00) |
| The article ‘Recession pains not over for 16 out of 65 sectors surveyed’ (Business Line, November 15) need not cause concern as 49 sectors seem to have come out of the recessionary trend... |
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Undermined (17 November 12:00) |
| Policymakers never tire of reminding themselves and the world that India is the third largest producer of coal, the fourth largest of iron ore and the fifth largest of bauxite besides having... |
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Assessing the recovery in Asia (17 November 12:00) |
| As the world looks to full stabilisation and a rebound from the crisis due to the efforts of governments, it is clear that it is finance rather than the real economy that has benefited more ... |
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Monster of divisive politics (17 November 12:00) |
| The shenanigans of Mr Raj Thackeray and his MNS (Maharashtra Navnirman Sena) party have breached the nation’s collective tolerance level. In its latest missive addressed to the State Bank ... |
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Maoist path will not help the tribal cause (17 November 12:00) |
| According to the Prime Minster, Dr Manmohan Singh, the Maoist menace is the biggest threat to Indian democracy. This is a far more serious and complex threat than from extremist religious g... |
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Bits bytes and benefits (17 November 12:00) |
| The story of Gopal, an ordinary Indian farmer, and the Internet is a classic example of the impact technology is having on the lives of those on the economic margins. Each year Gopal prayed ... |
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Gender gap (17 November 12:00) |
| “Indian women: High on politics, low on health” (Business Line, November 15) raised some important points. Going by the Gender Gap Report of 2009 released by the World Economic Forum, we... |
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Managing inflows (17 November 12:00) |
| This is with reference to the report “Managing capital inflows will be a big challenge: RBI” (Business Line, November 11). |
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Return of Indias gold (16 November 12:00) |
| A week back, the Reserve Bank of India (RBI) surprised the world by buying 200 tonnes of gold for $6.7 billion from the IMF. This is half the total quantity of 400 tonnes that the IMF had de... |
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The need for speed (16 November 12:00) |
| Slowly but surely, the Government has started on its programme of disinvestment. This year, it is set to disinvest small parts of equity in NTPC, REC and the Satluj Jal Vidyut Nigam Ltd. The... |
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Corruption a threat to democracy (16 November 12:00) |
| At the recently concluded India Economic Summit in New Delhi, organised by the World Economic Forum, several interactive sessions had one common issue that kept coming up for discussion duri... |
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Economists and financial crisis (16 November 12:00) |
| In my column, “Economics or blind man’s buff?” (Business Line, November 9) I had wondered why economists, among them many Nobel Laureates, had not been able to predict the financial ca... |
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Toning up the WTO (16 November 12:00) |
| The Seventh Ministerial meeting of the WTO will be held at the end of this month, one of the general themes of discussion being “The WTO, the Multilateral Trading System and the Current Gl... |
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Limits to altruism (16 November 12:00) |
| While writing my previous article, where I offered to contribute from my savings to a rural transport project, I happened to be among a group of rural development experts. Their reaction ... |
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Dollar as common currency (16 November 12:00) |
| This has reference to the article “Dollar as common currency” (Business Line, November 13). The purpose of global currency is for international trade settlement and as an instrument to ... |
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Rajas raj (16 November 12:00) |
| Who is the real raja of the Communications Ministry these days? Consider: Mr Pranab Mukherjee had to prod the Minister, Mr A. Raja, to get going on 3G auction. The Finance Minister again had... |
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The challenge of radioactive waste management (14 November 12:00) |
| The end of India’s nuclear isolation in 2008 led to some well-deserved euphoria. India is poised to embark on a massive expansion of its nuclear power programme from 4,120 MW at present. T... |
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Solar power needs funding focus (14 November 12:00) |
| The ‘National Solar Mission’, expected to be released on November 14, 2009, is one of the eight missions identified in the Prime Minister’s National Action Plan on Climate Change (NAPC... |
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Unconventional aspects of DTC (14 November 12:00) |
| No progress is possible on being static. As is said, change is the law of nature. But change without any aims and objectives becomes counterproductive, and many changes proposed in the new D... |
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