Taxing pricey oil
The price of Brent crude rose close to $25 per barrel on November 18. This followed the announcement by the oil-producer troika (Saudi Arabia, Venezuela and non-Opec Mexico) that production cuts will be maintained till next March-end.

Privatise SBI
The Reserve Bank of India should not lose the golden opportunity of privatising the State Bank of India. Should the RBI not subscribe to the planned issue by the country's largest bank, that would automatically result in its stake going down to below 50%.

Deep in the trenches against World Trade Organisation
The massive protest planned against the WTO meeting at Seattle can easily be dismissed as the last gasp of the old order.

Sebi corporate governance norms call for re-haul
The draft report of the committee appointed by Sebi to establish a framework for corporate governance has been released recently and it has a made several important recommendations, some of which are likely to generate heated debate.

Real income -- The true profit-loss picture must for taxation
The concept of real income has been the subject-matter of litigation which is extremely disturbing considering the fact that courts have in the past given their ruling on the subject.