Economy
Currencies down (and) under
Can the falling Indian rupee learn something from the similar experience of the Australian and New Zealand dollars? V. Anantha-Nageswaran looks at some of the factors that cause currencies to fall and rise against one another.
Delhi's power crisis of 1984
A DECADE and a half ago, I landed in Delhi as the Secretary to Government in charge of Power. Then, New Delhi, as now, was at the centre of a power serious crisis. Power trips every hour, or even more often, were the order of the day.
Editorial
Monsoon hope
FOR A COUNTRY where rains played truant last year, leading to poor agricultural growth and serious water shortage, the prognosis of a `normal' South-West monsoon this year brings hope. The India Meteorological Department (IMD) forecast last week that the
country would have its 13th successive normal rains from June to September coinciding with kharif agricultural operations. Additionally, the IMD's specific forecast is favourable for the country's three broadly homogeneous meteorological regions -
- Peninsular India, comprising the southern States, Gujarat, Maharashtra and Madhya Pradesh; North-West India including Uttar Pradesh, Rajasthan, Punjab and Haryana; and the North-East including West Bengal, Orissa, Bihar and the eastern S
tates. The IMD's track record of monsoon forecast has been good so far. It is hoped the replacement of four parameters out of the 16 would give the country a more accurate prediction. This country of continental proportions with an e
ssentially agrarian economy needs forecast of temporal and spatial distribution of South-West rains if agricultural operations are to be planned and executed more systematically and successfully.
Foreign Trade
How to become export savvy
THE GLOOM that pervaded till recently the foreign trade horizon has cleared. An over 11 per cent increase in India's exports in 1999-2000 has spurred the industry and the Government to maintain the momentum, get their act together, learn the lessons from
the past; both their own and from others who have evolved viable trade strategies.
Management
Making management education more relevant
MANAGEMENT EDUCATION often appears to have been hijacked by the West. Most management theories have had their origins in the West and are based on the attributes of people in the West. They have been packaged into courses in the West, and
these courses have been put together into a programme called the MBA, again in the West.
Miscellaneous
The what and why of due diligence
ALTHOUGH there are reports of corporate deals almost every day, perhaps few people outside the relatively small world of corporate finance, realise the complexities, risks and pressures involved in putting through a transaction such as a merg
er or an acquisition.
Bees in PCs
WE HAVE all heard of ants in pants, but bees in PCs? Wait a minute, not just bees, but ants as well, and not just in PCs, but running the Internet? Is there no end to surprises in this knowledge age, cranked up by information technology? The instan
t answer is: No sir! Read on, for once!
