Strength in reserve
Thanks to the inflow through the India Millennium Deposit scheme, India's foreign exchange reserves are now more than US$40bn. This is good news, but not good enough. China has accumulated foreign exchange reserves of close to US$170bn.

Is the IT euphoria over?
The results of the five IT majors including Infosys and Satyam in the third quarter to Dec 2000 are along expected lines. Their sales income has gone up in the range of 80-135%, their net profit up to 140%.

A quiver full of arrows
Reports of the threat of Chinese imports into India have assumed deluge-like proportions, along with increasing reports from industry about established manufacturers of some items entering - or attempting to enter - into agreements with Chinese firms for the import and sale of these items in India.

A syringe for your thoughts
It is touching, the patriotic pride that well-heeled Indians have in their health care system. Chances are that you have been pumped full with talk of complicated surgeries pulled off in Indian hospitals and that such medical feats are achieved at a fraction of the cost at which they are performed in developed countries.

Managers can't do it alone
Many corporate honchos at a recent millennium mgt convention on `India as a source of innovations,' organised by the AMA, expressed the hope that Indian cos have the potential to use indigenous and innovative mgt practices to convert the country's 1 bn people and the world's 6 bn into a market opportunity.

Manufacturing concerns
Government has finally hit upon an effective strategy to boost the growth rate. It simply scales down the previous year's rate of growth of industrial output.