Rogue alliance
NATO leaders, meeting in Washington to celebrate 50 years of the military machine's existence, have never been mired more deeply in a rut of their own making.

On the right track
News reports indicate that the government plans to securitise loans extended by it to various PSUs. It hopes to sell the resulting securities through a competitive bidding process open to both private and public sector participants.

India lacks infrastructure to hold arbitrations
The International Council for Commercial Arbitration will hold its international arbitration conference in New Delhi in the first week of March 2000.

  Litigation against firm is a cumbersome process
  Loss of stock-in-trade is a trading loss irrespective of accounting method used
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