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    <title><![CDATA[Economy & Policy -> Opinion]]></title>
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    <description>The latest news from India's most respected business daily.</description>
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      <title><![CDATA['Bank mergers lead to too-big-to-fail entities']]></title>
      <description><![CDATA[There are massive gains, both private and societal, from mergers and integration in industries: economies of scale, ease of information transmission, reduction of uncertainties, and synchronisation of demand and supply are just some of the benefits of integration.]]></description>
      <link>http://www.business-standard.com/india/news/\bank-mergers-lead-to-too-big-to-fail-entities\/518148/</link>
      <pubDate>Sat, 25 May 2013 21:44:00 +0530</pubDate>
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      <title><![CDATA[Ranking cities]]></title>
      <description><![CDATA[Our country is urbanising swiftly.]]></description>
      <link>http://www.business-standard.com/india/news/ranking-cities/518145/</link>
      <pubDate>Sat, 25 May 2013 21:46:00 +0530</pubDate>
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      <title><![CDATA[India has a problem with inequality, and it won't be solved easily]]></title>
      <description><![CDATA[The Forbes list of billionaires features 55 Indians in 2013.]]></description>
      <link>http://www.business-standard.com/india/news/india-hasprobleminequalityit-won\t-be-solved-easily/518141/</link>
      <pubDate>Sat, 25 May 2013 21:50:00 +0530</pubDate>
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      <title><![CDATA[Scaling the great wall of symbolism]]></title>
      <description><![CDATA[That sound you hear emanating from the direction of New Delhi is a huge, collective sigh of relief.]]></description>
      <link>http://www.business-standard.com/india/news/scalinggreat-wallsymbolism/517911/</link>
      <pubDate>Thu, 23 May 2013 21:44:00 +0530</pubDate>
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      <title><![CDATA[An irrelevant austerity debate]]></title>
      <description><![CDATA[The most visible symptom of the crisis in the euro zone has been the high and variable risk premiums that its peripheral countries now must pay on their public debt.]]></description>
      <link>http://www.business-standard.com/india/news/an-irrelevant-austerity-debate/517900/</link>
      <pubDate>Thu, 23 May 2013 21:50:00 +0530</pubDate>
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      <title><![CDATA[South Asia: All in one]]></title>
      <description><![CDATA[The opportunity for creating a truly meaningful South Asian economic community seems apt at present owing to developments across the subcontinent in the last few months.]]></description>
      <link>http://www.business-standard.com/india/news/south-asia-all-in-one/517706/</link>
      <pubDate>Wed, 22 May 2013 21:46:00 +0530</pubDate>
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    <item>
      <title><![CDATA[The last rites of sick units]]></title>
      <description><![CDATA[Winding up an industrial unit is usually followed by a swarm of creditors.]]></description>
      <link>http://www.business-standard.com/india/news/the-last-ritessick-units/517517/</link>
      <pubDate>Tue, 21 May 2013 21:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Underperforming even in good times]]></title>
      <description><![CDATA[The late Professor Raj Krishna&#39;s term &quot;Hindu growth rate&quot; was an aptly pejorative description of India&#39;s economic performance.]]></description>
      <link>http://www.business-standard.com/india/news/underperforming-even-in-good-times/517515/</link>
      <pubDate>Tue, 21 May 2013 21:50:00 +0530</pubDate>
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      <title><![CDATA[Renegotiating PPP contracts]]></title>
      <description><![CDATA[The 15-year history of public-private partnership (PPP) in India is mainly about creating an enabling environment to get private capital to invest in infrastructure assets.]]></description>
      <link>http://www.business-standard.com/india/news/renegotiating-ppp-contracts/517359/</link>
      <pubDate>Mon, 20 May 2013 21:46:00 +0530</pubDate>
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      <title><![CDATA[Bonanza from the Pacific]]></title>
      <description><![CDATA[The governments decision to allow domestic farming of exotic prawn species, Litopenaeus Vannamei (commonly called white leg shrimp or Pacific white shrimp), in 2008, though much belated, has helped diversify the products basket for seafood exports.]]></description>
      <link>http://www.business-standard.com/india/news/bonanza-frompacific/517357/</link>
      <pubDate>Mon, 20 May 2013 21:48:00 +0530</pubDate>
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      <title><![CDATA[A detox programme]]></title>
      <description><![CDATA[India is set to join the small but growing club of nations whose governments issue inflation-indexed debt.]]></description>
      <link>http://www.business-standard.com/india/news/a-detox-programme/517355/</link>
      <pubDate>Mon, 20 May 2013 21:50:00 +0530</pubDate>
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      <title><![CDATA[Corrupting the PPP model]]></title>
      <description><![CDATA[A key component of India&#39;s economic reforms has been the involvement of the private sector in delivering a range of government services to its citizens.]]></description>
      <link>http://www.business-standard.com/india/news/corruptingppp-model/517259/</link>
      <pubDate>Sun, 19 May 2013 21:28:00 +0530</pubDate>
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    <item>
      <title><![CDATA[The economics of trust]]></title>
      <description><![CDATA[A new day, a new scam.]]></description>
      <link>http://www.business-standard.com/india/news/the-economicstrust/517258/</link>
      <pubDate>Sun, 19 May 2013 21:29:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Where's the coal?]]></title>
      <description><![CDATA[The developments relating to the issue of licences for coal mining during the United Progressive Alliance regime&#39;s first term have trained the spotlight on the weaknesses and inadequacies of the process that was followed.]]></description>
      <link>http://www.business-standard.com/india/news/where\scoal/517257/</link>
      <pubDate>Sun, 19 May 2013 21:30:00 +0530</pubDate>
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    <item>
      <title><![CDATA['We must identify the causes of moral decline in our society']]></title>
      <description><![CDATA[It gives me immense pleasure to be here today for the third Convocation of Nagaland University, a premier centre of higher learning in the north-eastern region.]]></description>
      <link>http://www.business-standard.com/india/news/\we-must-identifycausesmoral-decline-in-our-society\/517124/</link>
      <pubDate>Sat, 18 May 2013 21:42:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Time to state a strategy]]></title>
      <description><![CDATA[In a recent talk delivered in New Delhi, the former foreign secretary and current chairman of the National Security Advisory Board (NSAB), Shyam Saran, suggested among other things that it was not a fact that the armed forces were not involved in the formulation of national security thought - or strategy, if one might call &quot;thought&quot; that.]]></description>
      <link>http://www.business-standard.com/india/news/time-to-statestrategy/517103/</link>
      <pubDate>Sat, 18 May 2013 21:46:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Free labour for govt]]></title>
      <description><![CDATA[The government saves close to Rs 70,000 crore each year by underpaying or not paying six million workers it employs to implement its social sector schemes.]]></description>
      <link>http://www.business-standard.com/india/news/free-labour-for-govt/517130/</link>
      <pubDate>Sat, 18 May 2013 21:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[How India should reform its trade for the 21st century]]></title>
      <description><![CDATA[The sharp increase in the current account deficit (CAD) is ringing alarm bells.]]></description>
      <link>http://www.business-standard.com/india/news/how-india-should-reform-its-trade-for21st-century/517102/</link>
      <pubDate>Sat, 18 May 2013 21:50:00 +0530</pubDate>
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    <item>
      <title><![CDATA[After Cobrapost]]></title>
      <description><![CDATA[Cobrapost has thrown sand in the wheels of commerce by drawing attention to the flouting of know your customer (KYC) norms across the banking system.]]></description>
      <link>http://www.business-standard.com/india/news/after-cobrapost/517003/</link>
      <pubDate>Fri, 17 May 2013 22:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Changing class in America]]></title>
      <description><![CDATA[My first and lasting impression of America, echoed by numerous observers from the hierarchical societies of Europe and Asia, was the absence of class despite great inequalities of income and wealth.]]></description>
      <link>http://www.business-standard.com/india/news/changing-class-in-america/517002/</link>
      <pubDate>Fri, 17 May 2013 22:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Power projects in a price maze]]></title>
      <description><![CDATA[The Central Electricity Regulatory Commission (CERC) has recently been involved in two landmark decisions concerning mega power projects.]]></description>
      <link>http://www.business-standard.com/india/news/power-projects-inprice-maze/516806/</link>
      <pubDate>Thu, 16 May 2013 21:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[As bytes replace guns]]></title>
      <description><![CDATA[The United States government last week explicitly accused the Chinese military of launching innumerable cyber attacks in the past year on the American government&#39;s computer systems with the purpose of &quot;building a picture of US network defence networks, logistics, and related military capabilities that could be exploited during a crisis&quot;.]]></description>
      <link>http://www.business-standard.com/india/news/as-bytes-replace-guns/516638/</link>
      <pubDate>Wed, 15 May 2013 21:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[A new Chinese revolution]]></title>
      <description><![CDATA[A revolution of sorts is in the making in China that could have a big impact on its renewable energy future.]]></description>
      <link>http://www.business-standard.com/india/news/a-new-chinese-revolution/516637/</link>
      <pubDate>Wed, 15 May 2013 21:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Looking towards 2050]]></title>
      <description><![CDATA[The present parlous state of the Indian economy and the global economy inevitably focuses attention on the short term.]]></description>
      <link>http://www.business-standard.com/india/news/looking-towards-2050/516641/</link>
      <pubDate>Wed, 15 May 2013 21:50:00 +0530</pubDate>
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    <item>
      <title><![CDATA[No buyers for FDI in multi-brand retail]]></title>
      <description><![CDATA[After years of heated discussions on opening multi-brand retail to foreign investors and the eventual endorsement of the policy after a cliff-hanger vote in Parliament in December 2012, it would be a matter of great chagrin to the government and the mandarins who drafted the policy that no proposal has been submitted for approval.]]></description>
      <link>http://www.business-standard.com/india/news/no-buyers-for-fdi-in-multi-brand-retail/516415/</link>
      <pubDate>Tue, 14 May 2013 21:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[After Pakistan's elections]]></title>
      <description><![CDATA[The leader of the Pakistan Muslim League (N), Nawaz Sharif, has received a decisive and powerful mandate from the Pakistani electorate in the recently concluded elections.]]></description>
      <link>http://www.business-standard.com/india/news/after-pakistan\s-elections/516424/</link>
      <pubDate>Tue, 14 May 2013 21:50:00 +0530</pubDate>
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    <item>
      <title><![CDATA[The shift away from agriculture]]></title>
      <description><![CDATA[After a long period of virtual stasis, the movement of labour away from agriculture - a process coterminous with economic development - has gathered momentum in recent decades, according to the 2011 census.]]></description>
      <link>http://www.business-standard.com/india/news/the-shift-awayagriculture/516219/</link>
      <pubDate>Mon, 13 May 2013 21:46:00 +0530</pubDate>
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    <item>
      <title><![CDATA[All's fare in airline pricing]]></title>
      <description><![CDATA[First, the reality check.]]></description>
      <link>http://www.business-standard.com/india/news/all\s-fare-in-airline-pricing/516216/</link>
      <pubDate>Mon, 13 May 2013 21:47:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[Monetary levers big and small]]></title>
      <description><![CDATA[Monetary policy operates through the big levers: the repo and reverse repo rates, the cash reserve ratio (CRR) and the statutory liquidity ratio (SLR).]]></description>
      <link>http://www.business-standard.com/india/news/monetary-levers-bigsmall/516244/</link>
      <pubDate>Mon, 13 May 2013 21:51:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Leveraging for stability]]></title>
      <description><![CDATA[From barely $3.5 billion worth of foreign exchange reserves when it courted crisis during 1990-91 to $292 billion worth of reserves now, India has indeed come a long way, and is no longer vulnerable to the 1997-style Asian crisis.]]></description>
      <link>http://www.business-standard.com/india/news/leveraging-for-stability/516132/</link>
      <pubDate>Sun, 12 May 2013 21:28:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Redesign dams, not rivers]]></title>
      <description><![CDATA[Engineers require retraining, not the Ganga.]]></description>
      <link>http://www.business-standard.com/india/news/redesign-dams-not-rivers/516130/</link>
      <pubDate>Sun, 12 May 2013 21:29:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Will the real inflation rate stand up please?]]></title>
      <description><![CDATA[One macro issue in India that deserves renewed attention is the preference for the wholesale price index (WPI) over the consumer price index (CPI) for tracking inflation.]]></description>
      <link>http://www.business-standard.com/india/news/willreal-inflation-rate-standplease/516127/</link>
      <pubDate>Sun, 12 May 2013 21:30:00 +0530</pubDate>
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    <item>
      <title><![CDATA['India and China are both partners and competitors']]></title>
      <description><![CDATA[The Chinese media: You have been saying what improved the relationship between China and India.]]></description>
      <link>http://www.business-standard.com/india/news/\indiachinaboth-partnerscompetitors\/516035/</link>
      <pubDate>Sat, 11 May 2013 21:34:00 +0530</pubDate>
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    <item>
      <title><![CDATA[India's aid diplomacy]]></title>
      <description><![CDATA[One unheralded Indian success has been last year&#39;s establishment of a unified mechanism giving coherence, direction and efficacy to India&#39;s foreign aid; that may now amount to well over 0.2 per cent of GDP, if we aggregate all the foreign aid offered through the ministry of external affairs (MEA), and the different agencies that run technical assistance programmes for fellow developing countries.]]></description>
      <link>http://www.business-standard.com/india/news/india\s-aid-diplomacy/516033/</link>
      <pubDate>Sat, 11 May 2013 21:36:00 +0530</pubDate>
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    <item>
      <title><![CDATA[M-learning solutions]]></title>
      <description><![CDATA[Mobile phones have been recognised as a bridge across social and economic divides in developing countries.]]></description>
      <link>http://www.business-standard.com/india/news/m-learning-solutions/516040/</link>
      <pubDate>Sat, 11 May 2013 21:38:00 +0530</pubDate>
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    <item>
      <title><![CDATA[A good case for India to lose?]]></title>
      <description><![CDATA[Amidst all the righteous indignation generated by the now-returned Italian marines, another international dispute that India is involved in has slipped somewhat into the background.]]></description>
      <link>http://www.business-standard.com/india/news/a-good-case-for-india-to-lose/516029/</link>
      <pubDate>Sat, 11 May 2013 21:40:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[Gang of eight's lose-lose proposition]]></title>
      <description><![CDATA[Trade and economic engagement between India and the US has always been on a high growth path, and provides a focus to both nations&#39; bilateral strategic partnership.]]></description>
      <link>http://www.business-standard.com/india/news/gangeight\s-lose-lose-proposition/515934/</link>
      <pubDate>Fri, 10 May 2013 22:44:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[China's new path]]></title>
      <description><![CDATA[The opaque nature of China&#39;s government makes it difficult to see where Chinese economic policy is heading, and thus how the Chinese economy will develop in the years ahead.]]></description>
      <link>http://www.business-standard.com/india/news/china\s-new-path/515927/</link>
      <pubDate>Fri, 10 May 2013 22:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Squeezing India's airports]]></title>
      <description><![CDATA[Talk to any industrialist and he will tell you that the investment climate in the country hasn&#39;t been worse in recent years.]]></description>
      <link>http://www.business-standard.com/india/news/squeezing-india\s-airports/515681/</link>
      <pubDate>Thu, 09 May 2013 21:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Configuring a 'non-toothless' Trai]]></title>
      <description><![CDATA[On April 27, this newspaper carried a report on the department of telecom&#39;s proposed amendments to powers of the regulator in the Telecom Regulatory Authority (Amendment) Bill.]]></description>
      <link>http://www.business-standard.com/india/news/configuring\non-toothless\-trai/515686/</link>
      <pubDate>Thu, 09 May 2013 21:46:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Abenomics and emerging markets]]></title>
      <description><![CDATA[Abenomics&quot; is a term coined by investors to refer to a set of policies put in place by Japanese Prime Minister Shinzo Abe to get Japan out of the deflationary funk it has been in for the last decade.]]></description>
      <link>http://www.business-standard.com/india/news/abenomicsemerging-markets/515679/</link>
      <pubDate>Thu, 09 May 2013 21:50:00 +0530</pubDate>
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    <item>
      <title><![CDATA[More food for 'multilateral' thought]]></title>
      <description><![CDATA[The agenda for the Bali Ministerial meeting of the World Trade Organisation (WTO) is warming up.]]></description>
      <link>http://www.business-standard.com/india/news/more-food-for-\multilateral\-thought/515496/</link>
      <pubDate>Wed, 08 May 2013 21:46:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Protesting too much?]]></title>
      <description><![CDATA[After Independence, our country has not yet been able to recover from the problem of unemployment.]]></description>
      <link>http://www.business-standard.com/india/news/protesting-too-much/515509/</link>
      <pubDate>Wed, 08 May 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/protesting-too-much/515509/</guid>
    </item>
    <item>
      <title><![CDATA[Early exit from economic stress?]]></title>
      <description><![CDATA[As the government staggers from one corruption-related scandal to another, I am reminded of the title of an article I read some years ago, which characterised India as &quot;a flailing state&quot;.]]></description>
      <link>http://www.business-standard.com/india/news/early-exiteconomic-stress/515508/</link>
      <pubDate>Wed, 08 May 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/early-exiteconomic-stress/515508/</guid>
    </item>
    <item>
      <title><![CDATA['Revolving door' in lawsuits]]></title>
      <description><![CDATA[When litigants lose their final appeal in the Supreme Court, most of them learn to grin and bear it.]]></description>
      <link>http://www.business-standard.com/india/news/\revolving-door\-in-lawsuits/515373/</link>
      <pubDate>Tue, 07 May 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/\revolving-door\-in-lawsuits/515373/</guid>
    </item>
    <item>
      <title><![CDATA[Engage on trade]]></title>
      <description><![CDATA[In past columns I have stressed the need for India to engage actively with the shaping of the rules governing international trade and investment as the global economic order evolves.]]></description>
      <link>http://www.business-standard.com/india/news/engagetrade/515376/</link>
      <pubDate>Tue, 07 May 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/engagetrade/515376/</guid>
    </item>
    <item>
      <title><![CDATA[India in a three-speed world]]></title>
      <description><![CDATA[The news on the global economy has been mixed.]]></description>
      <link>http://www.business-standard.com/india/news/india-inthree-speed-world/515270/</link>
      <pubDate>Mon, 06 May 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/india-inthree-speed-world/515270/</guid>
    </item>
    <item>
      <title><![CDATA[Farming as a value chain]]></title>
      <description><![CDATA[The tradition of mixing crop farming with supplementary farm activities, such as animal husbandry, poultry, fishery, silkworm rearing and beekeeping, has been the mainstay of most Indian farmers who hold no more than one to two hectares of land.]]></description>
      <link>http://www.business-standard.com/india/news/farming-asvalue-chain/515272/</link>
      <pubDate>Mon, 06 May 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/farming-asvalue-chain/515272/</guid>
    </item>
    <item>
      <title><![CDATA[What type of crisis for India?]]></title>
      <description><![CDATA[In mid-1994, Rudiger Dornbusch and Alejandro Werner warned that Mexico was heading into a crisis.]]></description>
      <link>http://www.business-standard.com/india/news/what-typecrisis-for-india/515276/</link>
      <pubDate>Mon, 06 May 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/what-typecrisis-for-india/515276/</guid>
    </item>
    <item>
      <title><![CDATA[Badal's business case]]></title>
      <description><![CDATA[Last week, Punjab Deputy Chief Minister Sukhbir Singh Badal shared his government&#39;s ideas on economic policies with industrialists at a Business Standard conference in Chandigarh.]]></description>
      <link>http://www.business-standard.com/india/news/badal\s-business-case/515167/</link>
      <pubDate>Sun, 05 May 2013 21:27:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/badal\s-business-case/515167/</guid>
    </item>
    <item>
      <title><![CDATA[Balance sheet reforms]]></title>
      <description><![CDATA[When a company sells assets, shareholders are entitled to know how the assets were valued.]]></description>
      <link>http://www.business-standard.com/india/news/balance-sheet-reforms/515162/</link>
      <pubDate>Sun, 05 May 2013 21:30:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/balance-sheet-reforms/515162/</guid>
    </item>
    <item>
      <title><![CDATA['I feel that I am sought to be made scapegoat']]></title>
      <description><![CDATA[Sir, as a leader of the Bar and our team of Law Officers, I had expected guidance from you Sir, in discharge of my professional duties, notwithstanding the fact that we deal matters entrusted to us independently.]]></description>
      <link>http://www.business-standard.com/india/news/\i-feel-that-i-am-sought-to-be-made-scapegoat\/515086/</link>
      <pubDate>Sat, 04 May 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/\i-feel-that-i-am-sought-to-be-made-scapegoat\/515086/</guid>
    </item>
    <item>
      <title><![CDATA[When govt doubles as NGO]]></title>
      <description><![CDATA[The social audit directorate set up by the Andhra Pradesh government to monitor the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has emerged as a model.]]></description>
      <link>http://www.business-standard.com/india/news/when-govt-doubles-as-ngo/515088/</link>
      <pubDate>Sat, 04 May 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/when-govt-doubles-as-ngo/515088/</guid>
    </item>
    <item>
      <title><![CDATA[Made in greed]]></title>
      <description><![CDATA[My English friends were amused when I was searching high and low in London for an English-made suit.]]></description>
      <link>http://www.business-standard.com/india/news/made-in-greed/514946/</link>
      <pubDate>Fri, 03 May 2013 22:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/made-in-greed/514946/</guid>
    </item>
    <item>
      <title><![CDATA[Infrastructure financing: How to raise $1 trillion]]></title>
      <description><![CDATA[The recent slowdown of the Indian economy has brought to light a critical challenge facing policy makers, namely how to shift infrastructure spending into higher gear.]]></description>
      <link>http://www.business-standard.com/india/news/infrastructure-financing-how-to-raise-1-trillion/514773/</link>
      <pubDate>Thu, 02 May 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/infrastructure-financing-how-to-raise-1-trillion/514773/</guid>
    </item>
    <item>
      <title><![CDATA[The power of fusion]]></title>
      <description><![CDATA[One of the many positive outcomes of the end of the Cold War has been greater willingness on the part of governments to cooperate in fundamental research.]]></description>
      <link>http://www.business-standard.com/india/news/the-powerfusion/514774/</link>
      <pubDate>Thu, 02 May 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-powerfusion/514774/</guid>
    </item>
    <item>
      <title><![CDATA[Whither Singapore?]]></title>
      <description><![CDATA[There is a statue of Sir Stamford Raffles on the banks of the Singapore River that stares roughly in the direction of city-state&rsquo;s Parliament.]]></description>
      <link>http://www.business-standard.com/india/news/whither-singapore/514638/</link>
      <pubDate>Thu, 02 May 2013 17:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/whither-singapore/514638/</guid>
    </item>
    <item>
      <title><![CDATA[The importance of the ADB]]></title>
      <description><![CDATA[The Asian Development Bank&#39;s (ADB&#39;s) Annual Meeting in New Delhi provides India with an opportunity to rethink its relationship with the institution and with international financial institutions (IFIs) more broadly.]]></description>
      <link>http://www.business-standard.com/india/news/the-importancethe-adb/514779/</link>
      <pubDate>Thu, 02 May 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-importancethe-adb/514779/</guid>
    </item>
    <item>
      <title><![CDATA[Coal, gas and misaligned priorities]]></title>
      <description><![CDATA[Should the government impose a uniform price regime on coal and natural gas producers?]]></description>
      <link>http://www.business-standard.com/india/news/coal-gasmisaligned-priorities/514639/</link>
      <pubDate>Wed, 01 May 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/coal-gasmisaligned-priorities/514639/</guid>
    </item>
    <item>
      <title><![CDATA[India's hardware ambitions]]></title>
      <description><![CDATA[Doubts about India&#39;s wafer fabrication ambitions were epitomised in a recent New York Times article on India&#39;s computer hardware manufacturing ambitions (&quot;India, Long the Home of Outsourcing, Now Wants to Make its Own Chips&quot;; http://goo.]]></description>
      <link>http://www.business-standard.com/india/news/india\s-hardware-ambitions/514635/</link>
      <pubDate>Wed, 01 May 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/india\s-hardware-ambitions/514635/</guid>
    </item>
    <item>
      <title><![CDATA[Good news at last]]></title>
      <description><![CDATA[One would have to be a diehard pessimist not to acknowledge the fact that the flow of economic data over the past fortnight points to a possible improvement in India&#39;s macroeconomic situation for the coming year.]]></description>
      <link>http://www.business-standard.com/india/news/good-news-at-last/514494/</link>
      <pubDate>Tue, 30 Apr 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/good-news-at-last/514494/</guid>
    </item>
    <item>
      <title><![CDATA[Delhi allowing Beijing to save face]]></title>
      <description><![CDATA[Prime Minister Manmohan Singh and external affairs minister Salman Khurshid are trying to calm the rising stridency in some circles, especially here, over the continuing standoff with China in the eastern Ladakh area, also called the &#39;western sector&#39;, by likening it to a &quot;localised&quot; problem, a developing pimple in an otherwise beautiful face.]]></description>
      <link>http://www.business-standard.com/india/news/delhi-allowing-beijing-to-save-face/514245/</link>
      <pubDate>Mon, 29 Apr 2013 00:36:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/delhi-allowing-beijing-to-save-face/514245/</guid>
    </item>
    <item>
      <title><![CDATA[Why India deserves a rating upgrade]]></title>
      <description><![CDATA[India has been courting the global credit rating agencies, pitching for a rating upgrade.]]></description>
      <link>http://www.business-standard.com/india/news/why-india-deservesrating-upgrade/514325/</link>
      <pubDate>Mon, 29 Apr 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/why-india-deservesrating-upgrade/514325/</guid>
    </item>
    <item>
      <title><![CDATA[Reforms inadequate for reviving interest in SEZ scheme]]></title>
      <description><![CDATA[&nbsp;While unveiling the annual supplement to the Foreign Trade Policy, the commerce minister announced a package of reforms for reviving investor interest in special economic zone (SEZ) scheme.]]></description>
      <link>http://www.business-standard.com/india/news/reforms-inadequate-for-reviving-interest-in-sez-scheme/514185/</link>
      <pubDate>Sun, 28 Apr 2013 22:11:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/reforms-inadequate-for-reviving-interest-in-sez-scheme/514185/</guid>
    </item>
    <item>
      <title><![CDATA[The long mystery of low interest rates]]></title>
      <description><![CDATA[As policy makers and investors continue to fret over the risks posed by today&#39;s ultra-low global interest rates, academic economists continue to debate the underlying causes.]]></description>
      <link>http://www.business-standard.com/india/news/the-long-mysterylow-interest-rates/514197/</link>
      <pubDate>Sun, 28 Apr 2013 22:30:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-long-mysterylow-interest-rates/514197/</guid>
    </item>
    <item>
      <title><![CDATA[Digital signature: Next step on indirect tax]]></title>
      <description><![CDATA[The Information Technology Act (IT Act) was enacted in India in the year 2000.]]></description>
      <link>http://www.business-standard.com/india/news/digital-signature-next-stepindirect-tax/514182/</link>
      <pubDate>Sun, 28 Apr 2013 22:15:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/digital-signature-next-stepindirect-tax/514182/</guid>
    </item>
    <item>
      <title><![CDATA['India-China border areas continue to remain peaceful']]></title>
      <description><![CDATA[Akbar, the external affairs minister this morning said that India is addressing the issue of incursion by China &#39;in an appropriate manner&#39; and that &#39;we do not want any departure from proportionality&#39;.]]></description>
      <link>http://www.business-standard.com/india/news/\india-china-border-areas-continue-to-remain-peaceful\/514119/</link>
      <pubDate>Sat, 27 Apr 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/\india-china-border-areas-continue-to-remain-peaceful\/514119/</guid>
    </item>
    <item>
      <title><![CDATA[Why we need a 'Transparency of Rules' Act]]></title>
      <description><![CDATA[The essential premise of all systems of governance is that common citizens follow the rules of the land.]]></description>
      <link>http://www.business-standard.com/india/news/why-we-need\transparencyrules\-act/514108/</link>
      <pubDate>Sat, 27 Apr 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/why-we-need\transparencyrules\-act/514108/</guid>
    </item>
    <item>
      <title><![CDATA[Tamarind water for the SC/ST]]></title>
      <description><![CDATA[In the matter of undoing the wrongs done to dalits and adivasis in the country, one state has set a precedent.]]></description>
      <link>http://www.business-standard.com/india/news/tamarind-water-forscst/514121/</link>
      <pubDate>Sat, 27 Apr 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/tamarind-water-forscst/514121/</guid>
    </item>
    <item>
      <title><![CDATA[India's poor crisis resolution regime]]></title>
      <description><![CDATA[A key test of the soundness of a country&#39;s financial system is the ability of its financial authority to resolve a failing financial firm in an orderly manner, with minimal disruption to its consumers, the system, or, in extreme circumstances, the global economy.]]></description>
      <link>http://www.business-standard.com/india/news/india\s-poor-crisis-resolution-regime/514109/</link>
      <pubDate>Sat, 27 Apr 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/india\s-poor-crisis-resolution-regime/514109/</guid>
    </item>
    <item>
      <title><![CDATA[Damned if you do]]></title>
      <description><![CDATA[There&#39;s much that the two major scandals convulsing Parliament have in common.]]></description>
      <link>http://www.business-standard.com/india/news/damned-if-you-do/514037/</link>
      <pubDate>Fri, 26 Apr 2013 22:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/damned-if-you-do/514037/</guid>
    </item>
    <item>
      <title><![CDATA[Keeping police honest]]></title>
      <description><![CDATA[The Boston lockdown and the subsequent arrest of a terror suspect made an interesting spectacle in many ways.]]></description>
      <link>http://www.business-standard.com/india/news/keeping-police-honest/514031/</link>
      <pubDate>Fri, 26 Apr 2013 22:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/keeping-police-honest/514031/</guid>
    </item>
    <item>
      <title><![CDATA[Rob Peter, pay Paul]]></title>
      <description><![CDATA[When should the government intervene, and on whose side?]]></description>
      <link>http://www.business-standard.com/india/news/rob-peter-pay-paul/514030/</link>
      <pubDate>Fri, 26 Apr 2013 22:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/rob-peter-pay-paul/514030/</guid>
    </item>
    <item>
      <title><![CDATA[Jet Airways, national carrier?]]></title>
      <description><![CDATA[In the absence of a national aviation policy, the government has been taking ad hoc decisions from time to time to address the concerns of the aviation sector.]]></description>
      <link>http://www.business-standard.com/india/news/jet-airways-national-carrier/513896/</link>
      <pubDate>Thu, 25 Apr 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/jet-airways-national-carrier/513896/</guid>
    </item>
    <item>
      <title><![CDATA[The flesh was weak]]></title>
      <description><![CDATA[Andimuthu Raja, former telecom minister, has sent a statement to the Joint Parliamentary Committee set up to probe the allocation and pricing of telecom spectrum from 1998 to 2009 that he did not mislead Prime Minister Manmohan Singh on the issue.]]></description>
      <link>http://www.business-standard.com/india/news/the-flesh-was-weak/513891/</link>
      <pubDate>Thu, 25 Apr 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-flesh-was-weak/513891/</guid>
    </item>
    <item>
      <title><![CDATA[Land lease is an idea whose time has come]]></title>
      <description><![CDATA[The proposal to amend the central Land Acquisition Bill to provide for leasing of land rather than acquiring it is just not constitutionally feasible.]]></description>
      <link>http://www.business-standard.com/india/news/land-lease-is-an-idea-whose-time-has-come/513725/</link>
      <pubDate>Wed, 24 Apr 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/land-lease-is-an-idea-whose-time-has-come/513725/</guid>
    </item>
    <item>
      <title><![CDATA[The WTO after Lamy]]></title>
      <description><![CDATA[Two news reports that emanated from Geneva recently need attention.]]></description>
      <link>http://www.business-standard.com/india/news/the-wto-after-lamy/513727/</link>
      <pubDate>Wed, 24 Apr 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-wto-after-lamy/513727/</guid>
    </item>
    <item>
      <title><![CDATA[Europe's dangerous illusions]]></title>
      <description><![CDATA[In Rome Italian politicians, unable to reach any reasonable compromise, had to re-elect 87-year-old Giorgio Napolitano as head of state.]]></description>
      <link>http://www.business-standard.com/india/news/europe\s-dangerous-illusions/513732/</link>
      <pubDate>Wed, 24 Apr 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/europe\s-dangerous-illusions/513732/</guid>
    </item>
    <item>
      <title><![CDATA[Know your city to set it right]]></title>
      <description><![CDATA[India&#39;s cities are in poor shape and it is axiomatic that unless you have proper systems of governance in place working through the right kind of institutions, there is no hope for their uplift.]]></description>
      <link>http://www.business-standard.com/india/news/know-your-city-to-set-it-right/513515/</link>
      <pubDate>Tue, 23 Apr 2013 21:46:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/know-your-city-to-set-it-right/513515/</guid>
    </item>
    <item>
      <title><![CDATA[Passing on the green baton]]></title>
      <description><![CDATA[An important chapter in environmental jurisprudence came to an end last week when the Supreme Court delivered three judgments that touched upon mega industries, hilltop deities and even lowly animals (as named in one of the judgments) - wild pigs, peafowl, dugong and wild buffalo.]]></description>
      <link>http://www.business-standard.com/india/news/passingthe-green-baton/513512/</link>
      <pubDate>Tue, 23 Apr 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/passingthe-green-baton/513512/</guid>
    </item>
    <item>
      <title><![CDATA[Reinhart-Rogoff: The problem and solutions]]></title>
      <description><![CDATA[Paraphrasing &quot;jesting Pilate&quot;, &quot;what is truth when academic superstars supposedly produce it?]]></description>
      <link>http://www.business-standard.com/india/news/reinhart-rogoff-the-problemsolutions/513523/</link>
      <pubDate>Tue, 23 Apr 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/reinhart-rogoff-the-problemsolutions/513523/</guid>
    </item>
    <item>
      <title><![CDATA[Counting the costs of direct cash transfers]]></title>
      <description><![CDATA[As a rule, the government likes creating new structures without fully understanding their implications and then disbanding them once criticism inundates the newspaper columns.]]></description>
      <link>http://www.business-standard.com/india/news/countingcostsdirect-cash-transfers/513260/</link>
      <pubDate>Mon, 22 Apr 2013 21:44:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/countingcostsdirect-cash-transfers/513260/</guid>
    </item>
    <item>
      <title><![CDATA['Customised' pest control]]></title>
      <description><![CDATA[The way vegetables are grown and handled after harvesting is truly appalling.]]></description>
      <link>http://www.business-standard.com/india/news/\customised\-pest-control/513253/</link>
      <pubDate>Mon, 22 Apr 2013 21:48:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/\customised\-pest-control/513253/</guid>
    </item>
    <item>
      <title><![CDATA[The economic vision of Margaret Thatcher]]></title>
      <description><![CDATA[Margaret Thatcher lent herself easily to hatred and caricature.]]></description>
      <link>http://www.business-standard.com/india/news/the-economic-visionmargaret-thatcher/513245/</link>
      <pubDate>Mon, 22 Apr 2013 21:50:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/the-economic-visionmargaret-thatcher/513245/</guid>
    </item>
    <item>
      <title><![CDATA[Waiting for the FM's <i>pathajatra</i> effect]]></title>
      <description><![CDATA[Historians prefer not to offer definitive judgement on any event until a decent interval of time has passed.]]></description>
      <link>http://www.business-standard.com/india/news/waiting-forfm\s-pathajatra-effect/513157/</link>
      <pubDate>Sun, 21 Apr 2013 21:45:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/waiting-forfm\s-pathajatra-effect/513157/</guid>
    </item>
    <item>
      <title><![CDATA[Retrain engineers, not the Ganga]]></title>
      <description><![CDATA[Hydropower is important.]]></description>
      <link>http://www.business-standard.com/india/news/retrain-engineers-notganga/513155/</link>
      <pubDate>Sun, 21 Apr 2013 21:47:00 +0530</pubDate>
      <guid isPermaLink="true">http://www.business-standard.com/india/news/retrain-engineers-notganga/513155/</guid>
    </item>
    <item>
      <title><![CDATA['While industrial nations need to save, emerging must spend']]></title>
      <description><![CDATA[&quot;Oh, East is East and West is West, and never the twain shall meet&quot; - thus, in the year 1889, wrote Kipling in his famous Ballad of East and West.]]></description>
      <link>http://www.business-standard.com/india/news/\while-industrial-nations-need-to-save-emerging-must-spend\/513039/</link>
      <pubDate>Sat, 20 Apr 2013 21:44:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[The problem with punitive damages]]></title>
      <description><![CDATA[It isn&#39;t every day that an Indian court hands out a Rs 100 crore judgment in a case of environmental litigation.]]></description>
      <link>http://www.business-standard.com/india/news/the-problempunitive-damages/513038/</link>
      <pubDate>Sat, 20 Apr 2013 21:46:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[What Kabul means to Beijing]]></title>
      <description><![CDATA[Last week, the counter-terrorism dialogue between China and India finally took a serious turn as the two sides discussed the issue of Afghanistan for the first time.]]></description>
      <link>http://www.business-standard.com/india/news/what-kabul-means-to-beijing/513037/</link>
      <pubDate>Sat, 20 Apr 2013 21:50:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[The state as parent]]></title>
      <description><![CDATA[The rape of a six-year-old girl in Aligarh this week, followed by that of a five-year old in Delhi, points to the lack of security of children in poor neighbourhoods in migrant hubs.]]></description>
      <link>http://www.business-standard.com/india/news/the-state-as-parent/513045/</link>
      <pubDate>Sat, 20 Apr 2013 21:48:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[The case for 'trickle-down']]></title>
      <description><![CDATA[One of the abiding myths of &quot;development economics&quot; has been that economic growth accompanied by an increase in inequality will not &quot;trickle down&quot; to the poor.]]></description>
      <link>http://www.business-standard.com/india/news/the-case-for-\trickle-down\/512919/</link>
      <pubDate>Fri, 19 Apr 2013 22:48:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[The greatest! Who?]]></title>
      <description><![CDATA[In 2004, a market research agency conducted an opinion poll among selected British academicians on who they thought was Britain&#39;s greatest prime minister of the 20th century.]]></description>
      <link>http://www.business-standard.com/india/news/the-greatest-who/512917/</link>
      <pubDate>Fri, 19 Apr 2013 22:50:00 +0530</pubDate>
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    <item>
      <title><![CDATA[For whom the road tolls]]></title>
      <description><![CDATA[We seem to have come a long way from Kamal Nath&#39;s boast, when the United Progressive Alliance (UPA) started its second innings, that he would build 20 kilometres of road a day.]]></description>
      <link>http://www.business-standard.com/india/news/for-whomroad-tolls/512654/</link>
      <pubDate>Thu, 18 Apr 2013 21:48:00 +0530</pubDate>
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    <item>
      <title><![CDATA[Will tax havens fall apart?]]></title>
      <description><![CDATA[&nbsp;The heading of this article is adapted from Nigerian author Chinua Achebe&#39;s widely acclaimed novel Things Fall Apart.]]></description>
      <link>http://www.business-standard.com/india/news/will-tax-havens-fall-apart/512651/</link>
      <pubDate>Thu, 18 Apr 2013 21:50:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[The 'Hamlet syndrome' in infrastructure]]></title>
      <description><![CDATA[In recent months, the Appellate Tribunal for Electricity and the Central Electricity Regulatory Commission (CERC) have begun to undo the damage done to the electricity sector over the years by the central and state governments.]]></description>
      <link>http://www.business-standard.com/india/news/the-\hamlet-syndrome\-in-infrastructure/512445/</link>
      <pubDate>Wed, 17 Apr 2013 21:44:00 +0530</pubDate>
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    <item>
      <title><![CDATA[River of hope, and fear]]></title>
      <description><![CDATA[As the fourth &quot;friendship&quot; bridge across the Mekong River, between northern Thailand and Laos, waits to open later this year, agreements for a fifth one, also between Thailand and Laos, and a sixth, between Laos and Myanmar, have just been announced.]]></description>
      <link>http://www.business-standard.com/india/news/riverhopefear/512443/</link>
      <pubDate>Wed, 17 Apr 2013 21:46:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[How to secure India's energy]]></title>
      <description><![CDATA[The 12th Plan aims at a high growth rate that is sustainable and inclusive.]]></description>
      <link>http://www.business-standard.com/india/news/how-to-secure-india\s-energy/512438/</link>
      <pubDate>Wed, 17 Apr 2013 21:50:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[Legitimising myths about gold imports]]></title>
      <description><![CDATA[When an economic crisis hits, everyone goes looking for someone to blame.]]></description>
      <link>http://www.business-standard.com/india/news/legitimising-myths-about-gold-imports/512440/</link>
      <pubDate>Wed, 17 Apr 2013 21:48:00 +0530</pubDate>
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    </item>
    <item>
      <title><![CDATA[Better infra: Is the government listening?]]></title>
      <description><![CDATA[On March 23, a delegation of India&#39;s top infrastructure CEOs led by the Confederation of Indian Industry discussed issues in different infrastructure sectors and came up with 30 possible solutions.]]></description>
      <link>http://www.business-standard.com/india/news/better-infra-isgovernment-listening/512228/</link>
      <pubDate>Tue, 16 Apr 2013 21:44:00 +0530</pubDate>
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