The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Friday, May 23 1997

Letters to the Editor

A systemic mismatch

The year-long rise in foreign currency reserves shows no sign of abating. This reflects the low capacity of the economy to absorb available foreign currency.

Infrastructure Bond Issue

Not regulator-cum-player

In the context of DoT's appeal against the ruling of TRAI on matters of cellular operations and even more so, the reasoning offered for its rejection of a plea by Hughes Ispat to float two independent subsidiaries for operating basic services in Maharashtra and Karnataka, the case for ending the dual role of DoT gets strengthened.

Perfunctory export target

The Minister of State for Commerce talks of an export rise by 25-30% this year. But the secretary of the ministry has targeted a growth of 20% to $40 billion. Even the lower target for 1997-98 appears overly ambitious...

Where small and big are treated as equals

Tough for indifferent performers

A soldier's passion

Promoting religious industry

When business gets tough, the tough get going

How to beat the cash crunch

Accuracy of a company's balance sheet can be challenged