The government (or its nominees) seems to have tried to carry out a boardroom coup at UTI Bank. The bank, in which UTI-1, the General Insurance Corporation and the Life Insurance Corporation of India,

Disgraceful

Business Standard

The arrest of e-Bay subsidiary Baazee.coms CEO Avnish Bajaj for the sale of pornographic material on the virtual auction site proves once again that the law is an ass. 


`Unsited` by the law

The aggressive entry of low-cost airlines into a buoyant market will certainly provide some cheer to several thousands of people who can now afford to fly. 


Orchestrating transport

Every government has its favourites. It has favourite officers. It also has favourite experts. In the case of officers, a government is hamstrung to some extent by their availability. Officers are

A K Bhattacharya: The same old faces

The proposal by some state electricity regulators to allow bulk buyers (who use more than 1 MW) to move to a supplier of their choice is a welcome one since, as this newspaper has consistently argued,

Some light, hopefully

The West Bengal government needs to be complimented for reinvigorating moves for privatising the state-owned Great Eastern Hotel. 


Red letter day

The good that men do, said Mark Antony, is oft interred with their bones. P V Narasimha Rao, who passed away last Thursday, didnt wait that long. 


P V Narasimha Rao

The latest Currency and Finance Report of the Reserve Bank of India takes justifiable credit for the way the Indian monetary authorities have steered the country through all the challenges and

Cautious conservatism

Given that the government has just cleared a massive expenditure programme on providing guaranteed employment in rural areas despite all the evidence showing that 70-80 per cent of all pro-poor

Flattering to deceive

Few will have been surprised by the outcome of the Reliance Industries board meeting on Monday. It was already known that the directors of the company had backed the chairman, Mukesh Ambani, in

Predictable outcome

The government has done well to adapt civil aviation policy to the changing times. 


Letting aviation take off

Just where the swadeshi spirit will strike in India, and when, is hard to predict. But one thing seems clear: the randomness of the way it pops up here and there to become an obstacle to good policies

Why block education?

With the death toll getting close to 100,000, the magnitude of the catastrophe caused by the tsunamis that hit several countries in South Asia on Sunday morning is sinking in. 


Unparalleled

Today's US presidential election threatens to be a repeat of 2000. Unless there is a last-minute swing in favour of one or the other candidate, Mr Bush and his Democratic rival, John Kerry, are poised

Now for 2/11

While many Indians will take pride in how well people of Indian origin are doing overseas, right from the late Kalpana Chawla to the newly-crowned steel-czar Lakshmi Mittal, the question today is why

Why Mr Mittal is an NRI

V SNLs acquisition of Tyco and Indian Oil Corporations proposed $3-billion dollar deal to develop Iranian gas fields are only the latest in a series of investments by Indian companies abroad. The

Birth of Indian MNCs

Twenty years ago, Delhi was in the throes of a riot the likes of which had not been seen in the capital since the terrifying days of the Partition. 


Justice and equity

The inevitable has happened. In the second quarter of this fiscal, at least four listed commercial banks  all in the old (pre-liberalisation) private sector  have posted net losses. Another 20 banks

Tamal Bandyopadhyay: Indian banking unmasked

While the Competition Commission appears to be busy finalising its draft regulations on issues such as the size of industrial groups whose mergers and acquisitions will get scrutinised, making sure

Half a job

The Left and BJP response to the governments decision to raise the prices of petroleum products was predictable. The Left pretends to not understand plain economics, and the BJP is in the Opposition,

Now stick to your guns

Grandfathers can legitimately expect to spend their twilight years in peace and calm, instead of being called upon to sort out family squabbles. 


Copy the Congress

Incisive columns and editorial comment by top opinion leaders

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