The Financial Express
 
 
 
 

 

 
   EDITORIALS
Saturday, August 04, 2001 
Divergence persists
  Corporate India’s results for the first Quarter of 2001-2002 (Q1) only confirm the worst fears that industrial growth remains sluggish. Aggregate sales of the 1,000 plus companies that have so far reported their quarterly results thus rose by only 5 per cent.
Ignorance is no bliss
  Why is it that Union finance minister Yashwant Sinha’s answers on any issue pertaining to l’affaire Unit Trust of India always end up raising new questions?
POLITICAL ECONOMY: Chanakya
World economy outlook
  The GDP growth numbers do not yet look too bad, but optimism is fast draining away from the hearts of the industrial world. Is the world economy poised for another depression? Stock markets are losing ground everywhere.
MANAGEMENT VER 2.0 : Manjari Raman
Bills, Bells, and Tauzin-Dingell
  Despite its short life, the Convergence Era has conclusively proved how disastrous it is when regulation fails to stay in step with technology.
EAVESDROPPER
Scholar Ambassador
  The new United States Ambassador to India, Dr Robert Blackwill, is a far cry from his more colourful, ‘page 3’ gossip-column frequenting predecessor, the Ohio politician — Dick Celeste.

   ANALYSIS
VIEWPOINT: Rudra Sensarma
Do we need universal banking in India?
  The phenomenon of universal banking—as different from narrow banking—is suddenly in the news. With the second Narasimham Committee (1998) and the Khan Committee (1998) reports recommending consolidation of the banking industry through mergers and integration of financial activities, the stage seems to be set for a debate on the entire issue.
Urban population growth way below official estimates
  India’s urban population grew at an annual exponential rate of 2.7 per cent in the 90s, according to data recently released by the Office of the Registrar General. As it turns out, this growth rate falls way short of previous official estimates, writes Parul Malhotra
STATES: Joseph Vackayil
Issue of livelihood dominates public hearing on Kalpakkam PFBR
  The mandatory public hearing for the Prototype Fast Breeder Reactor, held in Kancheepuram on July 27, was like a classical play—it, too, had five distinct acts.
Why renting is a better deal than owning?
  If you’re ticked off seeing another vastushanti card of your friend and are feeling sad to look at your rented house, lighten up. Unless you did not miss an opportunity to buy during the income tax authorities auctioneering of assets at a pathetically low price, you’re in all probability in for a good advantage over others, writes Kavita Kakani.
 
   
 
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