Unshackling Trai
Last Friday's national telecom policy, coupled with the decision on tariff restructuring, has the potential to radically alter the shape of communications in this country. At the same time, however, many loose ends in the policy have not yet been tied up.

Shaping growth
Montek Singh Ahluwalia - in his new avatar as member, Planning Commission - has been quick to catch the planner's disease of forecasting rising growth numbers.

A new look at slump sales tax treatment
The Finance Bill 1999 tackles sale of undertakings on three fronts. While sales through demergers and amalgamations are sought to be made tax-free along with benefits of carry forward of losses and depreciations, slump sales of undertakings are sought to be taxed.

  Nato and the aversion of humanitarian disaster
  Settlement of claims on accidental destruction of assets
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