Financial Daily from THE HINDU group of publications
Wednesday, July 17, 2002
Markets (July 16)
BL 2501125.76 (-16.22)
BSE Sensex3229.18 (-49.53)
S&P CNX Nifty1035.95 (-12.05)
Dollar (Buy/Sell)48.75/48.88
Gold Std (10 gm)5270 (+40)

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Monsoon let-down
IS A DISASTER in the making? Ten weeks into the South West monsoon, nearly two-thirds of the country (320 of 523 districts) is facing deficient to scanty rainfall. According to the India Meteorological Department (IMD), 20 of the 36 ... More


One murder is alright...
AMONG the honourable members in the Lok Sabha is Mr Ashok Chandel, elected from Uttar Pradesh through the democratic process of elections held in October 1999. He got his ticket to Parliament thanks to the Bahujan Samaj Party and took his oath as ... More

Political effrontery
THE purported response of India's political class, acting in unprecedented unison, to the long-voiced demand of its masters, the people, to stop sending crooks and criminals as law-makers to legislatures is two-fold. One, to bar from contest ... More

Uncle Sam vs the dragon
TENSION seems to be growing again between the Lone Superpower and the country that fancies itself as a future global force. There are no specific incidents this time like a trade war, a spy plane crash or hostilities against Taiwan, but the ... More


The fall of rating agencies
FOR American investors, rating companies is like mother's milk. In the early years of American development, they played an important role in raising capital for railroads and westward expansion. Moody's gave its first rating in 1909, followed by ... More


God save farmers from the cow
THE US has granted a patent to a product which contains distilled portions from cow urine that apparently increases the activity of antibiotics and anti-cancer agents. Great news! The general impression was that no real research was being ... More


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