Murky but not hopeless
Expectations that last year's modest decline in the growth of industrial production will see a reversal this year are giving way to scepticism. The new fiscal year started with a fairly handsome credit expansion to business and industry.
|
First things first, Mr Gujral
Our politicians seem to discover their liberal selves only when they go abroad. Prime minister I K Gujral, who has thus far not distinguished himself by offering any kind of coherent economic thought for liberals to take heart from, suddenly found his tongue in Nepal.
|