Volatility in global oil rates to recede in 2000
The closing stages of a calendar year provide a convenient point to turn the clock back and judge asset-market performance. Among all the major commodity assets, oil has by far been the leading performer in 1999.

New fiscal model must to aid industry
We are well into our second generation of reforms. The swift passage of the IRDA Bill- with only the expected walk-out of the lunatic fringes among the Left parties - showed that in the coming days this is going to be

Review phosphoric acid import policy
Another vital raw material for fertiliser production is phosphoric acid (PA). Phosphoric acid, generally referred on 100% P2O5 basis, is manufactured by using high grade rock phosphate and sulphuric acid.

Reference book for Indian diaspora
With the prevailing tax rates, a view is taken by some experts that the time for tax-planning is past. One tends to agree with the author. Tax is a cost and all legitimate steps must be taken to reduce liabilities.

Privatise IITs
The Indian Institutes of Technology have produced world-class engineers, who have made their mark in various fields of technology. But, till recently, the country wasn't able to benefit from the investment in the IITs. Reason: The massive brain drain to the West.

Counsel of despair
The Confederation of Indian Industry has taken upon itself the task of recommending the closure of three nationalised banks and privatisation of four others. CII feels that Indian Bank, Uco Bank and United Bank are in a state of terminal collapse.