Sharing costs
RBI's analysis of state finances confirms the concerns expressed in its annual report. The figures which prove the drastic deterioration in state finances are well-known, but would bear repetition in view of their importance.

Recovery outlook
Expectations of sustained industrial recovery are beginning to get tinged with scepticism. True, the official index of industrial production (IIP) saw a 6.4% growth in April-November, up from 3.6% in the corresponding period of last year.

IA disinvestment -- More questions than answers
Hormuz P Mama WITH the Cabinet Committee on Disinvestment approving the sale of 51% of the Government's holding in Indian Airlines, it seems that privatisation of the domestic carrier is finally a possibility.

Online trading may pose threat to brokers
The Internet revolution is sweeping the world dramatically changing the way people think and act. Nothing as far reaching has ever happened in this world since the invention of the wheel and it is really heart-warming that India is for once in the vanguard of it all.

Review of tax exemptions on export profits must -- CAG
Pampering exporters through tax benefits had been a favourite past time of the tax policymakers in the country since the past many years. The pronounced object has been to encourage larger exports to augment foreign exchange funds.