The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Monday, July 7 1997

Letters to the Editor

A tale of two contrasting banks

The two banks have gone about doing business in very different ways. While HDFC Bank has consciously targeted only the creme de la creme of Indian business, Global Trust has been far more eclectic. Asset quality, for banks, is all important.

The politics of power

Nothing has changed. Since the ultimate aim of politics is the exercise of power, our current lot of public representatives believe they should get the maximum charge out of it. On Joe Citizen's credit card, naturally.Take a look at the farce passing off as the new power policy.

Wooing the evader

Any scheme that is more rewarding to tax dodgers than honest tax payers is bad in principle, but this can be no ground for dispensing with sops to evaders altogether. No government can tackle effectively generation of black money only through raids.

Getting states to fall in line

From chaos will emerge total paralysis