Friday, March 26, 1999
Earning better prices for agro exports
The European Union's Common Agricultural Programme (CAP) is the largest subsidy of it's kind for world consumers. The CAP results in a substantially higher agricultural output for EU.
Oil rates will stay down in long run
Only a couple of months ago, there was a sense of despondency in crude oil markets across the world. Prices had caressed the sub-$10 mark and threatened to dip lower.
Why increase refining capacity?
The revelation that India will have surplus refinery capacity in a few years has sparked off a charged debate. The issue -- does India need the huge investment it is planning for the refining sector?
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