Taxing crude
Oil refining capacity spurted by 40% in 1999. Thismeant that India could cut down imports of refined products to near zero and import crude instead.

Rolling settlement
The global standards in settling stock market transactions have been heading towards a rolling settlement structure. But does implementing a rolling settlement system in the Indian market which is structured

Hard part of reforms may have begun
In the last article I had mentioned that given the massive fiscal deficit and the high level of interest payments, the Government may have to be bold and start taking the necessary steps to put the Government finances back on the rails.

Issues before Eleventh Finance Commission
Every five years a finance commission is set up to examine the sharing of tax revenues between the Centre and states and, in addition, the distribution of these revenues across states.

Utilisation of foodgrain stocks
Reaching the goal of 400 mn tonnes in foodgrains production in the next 10 years is an uphill task, but if every aspect is properly considered, timely decisions taken and implemented, there is every chance of achieving this target.

Sustainable growth of IT stocks
Infotech companies are finding valuations never seen before in any industry in the Indian stock market so far. The boom can be attributed to a rub-off of crazy valuations obtained by infotech stocks in the US markets.