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FINANCIAL EXPRESS FRONT PAGE

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Monday, May 24, 1999

Reform and politics
The month's flavour is consensus on economic reform. The rapid succession of coalition governments has inspired demand. Businessmen first voiced it, presumably to insure themselves against gung-ho import liberalisation. For an entirely different reason, bureaucrats want a consensus.

Export prospects
Once bitten twice shy. The commerce minister abjured announcing the mandatory export target with the exim policy for 1999-2000. Last year, export growth in US dollar terms was 3.7% against the targeted 20%.

Economics is dead. Long live economics!
You have to give it to Economics. Despite years of courtship and living together, one fine morning she can turn around and still knock your breath out, exhibiting a facet of hers you never knew existed. And mind you, that would still count only as her `second best' effort.



  The Index
  Transfer of tenancies in amalgamations
  Tax advantages for professionals on income earned overseas



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