Is WTO Relevant Today

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Euphoric Illusion

                               Has the editorial policy of Indian newspapers changed overnight. From a pessimistic cast, they have moved to an optimistic mould. They find good in everything. Economy is expcted to grow over 6 % next year and even peak at 7% or so by the end of the next year. Interest rate is likely to come down. Fiscal deficit  is likely to...

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Cabinet Expansion-Gainers vs Losers

                      In any reshuffle of the ministry, there will be some who will cheer, some suffer heartburn (they are not losers in the real sense). some who despise their fate being unlucky and a whole lot of people who are indifferent. I belong to the last category. I am indifferent for I feel that it will not make any difference to my existence. That is ture for all those in...

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Labor Reforms in India - What They Portend?

There is a lot of talk about labor reforms in India.  Many reports have come that it will be unveiled soon. But still it is not clear what will be those reforms. There are conjunctures and predilections. But on one knows exactly what these reforms are. Will the government openly discuss these reforms with the stakeholders and  political parties? Today, there is a news in Times of India that the President has approved the amendments...

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Circus of Retrospective Tax

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Will the Hunt for Black Money Fall Flat?

Reports are emanating from different quarters about the seriousness of the government to curb the black money. We hear about close monitoring of the tax havens. Consultations with countries like Cyprus, Switzerland, Mauritius  etc are in progress. The latest is the proposed team from external affairs ministry  to visit Cyprus, which is reckoned as one of the top tax havens and a destination used for round tripping money through the...

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US Techie Companies Romance with India

                       Chetan Bhagat has batted for Microsoft and particularly for Bill Gate Foundation in his latest novel " Half Girl Friend." The popular Indian writer in English had narrated with a story line how the aid  from  the Foundation has transformed a village school in the remotest part of Bihar  run by his hero in the novel and his mother. Not only that...

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