Mindless imports
The minister for consumer affairs and public distribution has promised the domestic soyabean trade to review the import duty on oilseeds (40% plus) and edible oils (15%).

Speeding up FDIs
The government has allowed foreign firms to invest in Indian stock markets up to 5%. The move will basically allow portfolio investments by foreign companies and represents a liberalisation of sorts in FDIs as it

E-trade fortunes will hinge on telecom infrastructure
Business transactions have begun to move from physical activity to the Internet. Studies have estimated that the total value of transactions on the Internet will exceed $600 billion per year from nil at the beginning of the

Internet -- A force for creative destruction
Creative destruction is a cornerstone of the market economy. Established processes and products are forced by the market to renew themselves even before they seem to have outlived their utility.