American Periscope
For just 19.95 dollars!
SITTING in front of the television one morning and flicking through channels, I was quickly convinced that I needed several products. Let me list them for you.
Economy
Economic reforms remembered
IT IS ten years since Dr Manmohan Singh and Mr P. V. Narasimha Rao initiated economic reforms in the country, with the Budget presented in July 1991. Ten years may not be a long time in a country's history, but it is a fairly long period in the life of e
conomic reforms. Those who came to scoff at the temple of reforms have remained to pray.
Principles of investing -- Learning from the market crash
THE Federal Reserve has done its bit. The most important event for financial markets next week is the meeting of the US Federal Reserve Open Market Committee, the policy-making body, that meets roughly once in six weeks, to set targets for the official b
enchmark rate, known as the federal funds rate.
Single versus multiple regulators
THE DEBATE on regulatory reforms is hotting up. The RBI Deputy Governor, Dr Y. V. Reddy's recent lecture, under the auspices of the ICRIER, on ``Issues in choosing between single and multiple regulators of financial system'' admirably marshals the pros a
nd cons of the issue.
Editorial
Market meander
THE BULL IS not back. The country's famously volatile stock market has remained listless for a quarter and more now, in the wake of developments post-Budget. The Sensex appeal has largely waned with most retail investors still counting their losses and,
perhaps, cursing themselves for playing the market in the first place.
Health
Turning the tide against HIV/AIDS
LAST year alone, AIDS killed three million people around the world. More than five million became infected with HIV, nearly four million of them in Africa. The HIV/AIDS epidemic is spreading at alarming rates in other regions as well. In Eastern Europe,
and South- and South-East Asia, there is evidence that the disease is taking deadly hold of people and their communities. In the Caribbean, AIDS has become the major cause of death among men under the age of 45.
Miscellaneous
Stoking embers
THE dormant embers of uneasiness about the way the US presidential poll of last November was botched up in Florida have been stoked up by a report released by the US Civil Rights Commission which has come to a finding of ``widespread disen
franchisement'' falling ``most squarely on persons of colour''.
Politics
Musharraf plays with India
BRIEFLY, the Government's policy on resolving the Kashmir problem with Pakistan, though well intended, is more akin to chasing a chimera than to making concrete progress towards attaining the objective. This does not mean that the Indian effort is not si
ncere. The main problem seems to lie in the hope -- which some in the present NDA Government appear to harbour -- that talking to the present military regime in Islamabad is New Delhi's best bet to forge peace and prosperity in the regi
on.
