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Thursday, June 07, 2007
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Editorials
A strange decision
The compulsions of politics seem to have prevailed over concerns about upholding the rule of law in the Uttar Pradesh Governor T.M. Rajeswar's surprise denial of sanction to prosecute the State Chief Minister, Mayawati, in the Taj corridor case. ...

Intermediation and financial reform
The rapid growth of the Indian economy is in no small measure due to the vastly improved financial intermediation today. The several components of the financial system — the money market, the credit market, the government securities market, ...

Leader Page Articles
STATECRAFT
Overplaying the Savonarola card
By Harish Khare

Our political classes ought to find a way out of the current preference for a culture of accusation, which operates on the unnatural and unhealthy principle that once a public official is alleged to have committed an act of corruption justice will be done only if he or she is sent to jail.

News Analysis
On Iraq, Iran seizes the initiative
By Atul Aneja

During the recent talks with the Americans, the Iranians were able to convey that Baghdad was their backyard and that Washington's acceptance of this would be key to further progress.

OUT OF LONDON
Bollywood's irresistible pull
By Hasan Suroor

The IIFA awards ceremony on Saturday is the start of what is billed as Britain's "Bollywood summer."

Land seizures behind Colombia's biofuel revolution
By Oliver Balch and Rory Carroll

Farmers driven out as armed groups profit. Lucrative crop less risky than coca.

Corrections and Clarifications
A few readers felt that "Tax relief for senior citizens", the heading for a New Delhi report (June 5, 2007) was misleading. It is tax relief as the Centre has enhanced the threshold limit from Rs.5,000 to Rs.10,000 for exemption from tax ...

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