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March 31, 2007
Why leaders must be paid more
Rulers are not monkeys to be paid peanuts -- do so and the alternative is perilous.

Don't compare mutual funds with pension plans
While mutual funds charge fees of 1-1.5 per cent of assets managed, that for pension funds could be a hundredth since the two investment streams are dramatically different.

March 30, 2007
Tech can reverse national fortunes in no time
African countries too are embracing new technologies and evolving ways of tackling old problems.

March 29, 2007
It's the attitude, stupid!
It's the inability to take a total view of things which cripples India's economic race with China, not their opposing political systems.

Growth alone doesn't reduce poverty
Several states have witnessed higher GSDP growth and higher poverty at the same time.

March 28, 2007
What will Nabard do with Rs 500 cr?
At the end of the day what counts is that Nabard has been rewarded with the management of another Rs 500 crore

The incredible impact of IT
The success of IT highlights the importance of opening up and integrating our economy with the world economy.

Live out your dreams, not your degree
B-schools teach you how to perform better yourself, but rarely to get the best performance from others.

March 27, 2007
Why the government keeps Indians poor
The failure of the farmers ensures that most Indians are poor. And that directly increases the importance of the government, the politicians and the bureaucrats.

Theory Z of management
How Indian Industry is managing quality?

A million Nandigrams
Mining in Goa has brought companies and villagers head to head, says .

Mobile calls for a dime
Recently, Hutchison 3G announced a commercial VoIP service for mobile phones

March 26, 2007
Why modern retailers and grocery stores can coexist
People with low incomes will keep visiting local grocery stores for the credit facilities, whereas the middle and upper income households would love to do their monthly shopping from the modern format retail stores.

Level playing field and market access
These are the two issues that top the WTO agenda and unless they are addressed, the round is going nowhere.

This success has no fathers
The latest estimates of poverty reduction in the country, put out by the National Sample Survey (NSS), are unique in that they have not been welcomed by anyone.

March 23, 2007
If you are Sikh, Muslim, a scribe. . .
The credit card industry in India is forced to grope in the dark

March 22, 2007
What most B-schools fail to teach
Even today, some of the case studies shared with the students in B-schools are decades old

March 21, 2007
Inflation in India: How to tackle it
India must think about a revaluation of the rupee to curb inflation, while simultaneously addressing the constraints on the supply side on food grains through increase in domestic production.

Build to last or sell?
In today's knowledge economy, in nine cases out of ten, people build firms with a clear idea of not just wanting to sell but often to whom and when

India and sore points in land acquisition
Assessing a just compensation is only one hurdle that contributes to delays in infrastructure projects.

How important is privatisation in India?
There is no industry in India where the licence-permit raj hinders entry more than in the case of banking.

March 20, 2007
Try this great brainstorming tool
Synectics stimulates thought processes of which the subject is generally unaware

Inflation: Price you pay for higher growth
Higher inflation might just be the necessary cost that we need to bear in making a transition to a higher growth trajectory.

Accounting fib - The naked truth
One has to read a CAG report to know how the accounts of our some of our PSUs are window-dressed.

Growth is moderated, what's next?
Thanks to a resource bind, at least principally, credit moderation has begun.

March 19, 2007
PSUs can't be more equal than others
India needs $70bn of private investment in infrastructure and will not get it without a level playing field.

Yen exchange rate and hedge funds
The yen and hedge funds are at centre stage, but what will happen if China diversifies into holding the yen.

Saving Doha
Commerce Minister Kamal Nath has done a great job to try and break the Doha deadlock and get the leading players to now set a new deadline to get things sorted out, but if he is serious about things, India needs to change its tactics somewhat.

Are the stock markets rational?
Ongoing global events will obviously impact the stock markets through FIIs, but don't underestimate the role of economic growth in driving the Sensex.

Manmohan Singh on financial system
Excerpts from an address by Prime Minister at the roundtable sponsored by The Economist on March 13.

Making private equity work in India
By some measures, India is poised to become the next big market in private equity.

March 17, 2007
Power sector: This bite is worse than the bark
"Hooking" is an endemic crime -- if you live in India, you've used "hooked" power.

Inflation, an ex-problem?
There is considerable evidence to suggest that the Indian inflation problem is a has-been problem, a problem that has ceased to be.

A week of Dickensian paradoxes
The last week's headlines have captured the contrasts and contradictions within India in all their starkness, and sharpness.

March 16, 2007
Return of the one-minute movie
User-created one-minute videos have been around ever since the dramatic drop in the price of video cameras.

'Mumbai real estate prices should be competitive'
Real estate prices in Mumbai, and most cities around the country, have skyrocketed in the past one year. Since Mumbai still remains the price-setter for the rest of the country, let us understand the dynamics of real estate prices in this city.

March 15, 2007
Are SEZs a good idea?
SEZs are business-friendly but not market-friendly. They work against an economic policy that promotes competition.

Hurdles facing customs & excise duties
Customs and excise tariff reforms are still pending.

March 13, 2007
10 reasons why FBT on ESOPs is wrong
My concern with the proposal to apply FBT to ESOPs at the date of exercise is not that it is in respect of services as an employee, but more that its impact on other tax issues have not been thought through.

Do we need laptops?
Are the laptop's days somewhat numbered ?

March 10, 2007
Whoooosh! Here we go again
Largely irrespective of the scale of global terror, our markets will not collapse. Indeed, we may well be the first market to recover.

1947-64: An age of short-sightedness?
It is surprising that some are so sure about the policies that could have been followed after 1947.

Where the economists have failed
economic processes are far too complicated and to think that they are stable over long periods of time, that too because some time series suggests so, is folly

Budget, banks and the financial system
Merely re-packaging models that have not worked well in the past will not do the trick.

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