The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Thursday, July 24 1997

Letters to the Editor

Rummaging through the risks

There are completely divergent views on the safety of investments in Indian securities markets. D R Mehta, chairman, Securities and Exchange Board of India keeps saying that the domestic markets are safer than ever before, but overseas fund managers feel that investment in India carries a high degree of risk, and is suitable for sophisticated investors who are aware of the risks investing in India.

High forex reserves may not be enough

In India, the government and industrialists are elated at the surging forex reserves which has reached $29 billion. But higher forex reserves should not lull us into complacency.

Rhetoric won't do

After the infrastructure panel report, there has been a lot of rhetoric about the strategy for removal of infrastructure constraints. Now the prime minister promises that the government would resolve most problems plaguing this crucial segment within a few weeks.

PSUs: pointless tinkering

Blame the man, not computers

From the Files -- Liberalisation is about less laws, right?