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Not
so misplaced impatience |
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Union finance minister Yashwant
Sinha did not clearly think through his answer when he told
The Financial Express that Standard & Poor’s decision to
downgrade India’s local currency sovereign credit rating and
categorise the outlook on India down from “stable” to “negative”
was the result of “misplaced impatience”. |
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The
CNG crisis |
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The long queues of autorickshaws,
buses and cars at Delhi’s petrol pumps for Compressed Natural
Gas confirms the lack of planning that state and central governments
are often accused of. |
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The
exuberant media |
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The spotlight is again on the
role of the business press. The Indian Express frontpaged a
story that the leading pink dailies indulged in “breathless
buy-buy prose” in pitching for investments in the now discredited
Cyberspace Infosys, writes N Chandra
Mohan. |
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READY
RECKONER: Sunil Jain
Get going Mr Prime Minister |
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Years ago, at the height of
the Bofors and other scandals, a senior editor advised Rajiv
Gandhi to arrest Amitabh Bachchan as his name was doing the
rounds along with brother Ajitabh’s for various deals where
money was alleged to have changed hands. |
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EAVESDROPPER:
Teach the MPs well |
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A group of school
children from outside New Delhi visited the capital last week
on an educational trip. Included in the agenda was a trip to
Parliament. As luck would have it, that very day saw virtual
pandemonium in Parliament, thanks to the unruly behaviour of
many senior leaders including Mulayam Singh Yadav. |
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VIEWPOINT:
Pradeep S Mehta
A message on labour linkage for Mr Zoellick and Mr Maran |
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It might surprise him to know
this, but commerce minister Murasoli Maran could be doing US
Trade Representative Robert Zoellick a big favour if he says
a resounding “No Way” to the very mention of labour standards
in connection with the World Trade Organisation. |
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Icrier
at 20: Full throttle, in many directions |
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It started with a phone call
23 years back. The Ford Foundation telephoned the European Community
commissioner for development in Brussels, Claude Cheysson, wondering
if the EC would want some money to study development co-operation
within the Third World, writes Rohit
Bansal. |
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FARM
FRONT: Ashok B Sharma
Treaty with Nepal should include flood control, vanaspati imports |
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India should thrash out all
contentious issues while renewing the trade protocol treaty
with Nepal, which is likely to expire in the first week of December.
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HARD
NUMBERS: Mounting NPAs lead to 54 per cent rise in write-offs
in fiscal 2001 |
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In an effort to clean up their
balance sheets, most Public Sector Banks have increased the
amount of write-offs during the fiscal 2001. Out of the 27 PSBs,
19 including State Bank of India and five of its associates,
have increased the amount of write-off by Rs 1,980.73 crore
during the period. |
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Siachen
can be solved by formally demarcating India, Pakistan positions |
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While Pakistan continues
to harp on the UN Resolutions on Kashmir, it has not carried
out its part of the implementation, says Maroof Raza, a military
analyst, writes Huma
Siddiqui. |
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