The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Tuesday, May 20 1997

Letters to the Editor

Powering SAARC

The Union power minister's announcement that India has decided to buy 3,000 MW of surplus hydel power from Pakistan is topping news. India needs the power and Pakistan seems to be willing to let power be transmitted from Lahore to India's northern grid.

Infrastructure Bond Issue

NRIs demand more

Are non-resident Indians really a pampered lot as many think? To an extent what they get may be quite all right considering the risk and hard work put in to reach where they have. But what about this one? Parity on pricing with overseas buyers of Indian goods?

CRB collapse: Only the tip of the iceberg

The spectacular collapse of the CRB group may be the tip of the iceberg. There are scores of finance companies which have raised money at extraordinarily high rates, and lent even higher, and the combined effect of lower markets, less liquidity, and an industrial slowdown have affected these companies' asset portfolio.

Thank you, Kanshi Ram

Politico-economic silver lining