Financial Daily from THE HINDU group of publications
Wednesday, October 09, 2002
Markets (Oct. 8)
BL 2501025.43 (+5.15)
BSE Sensex2973.35 (+20.57)
S&P CNX Nifty960.80 (+6.05)
Dollar (Buy/Sell)48.30/48.43
Gold Std (10 gm)5270 (-20)

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Floundering FI
AFTER LOSING ITS way funding unviable steel and power projects, IDBI is now parleying with the Government for a host of concessions not unlike subsidies. One is not sure if the board and the executives at the lead financial institution have ... More

Salvaging savages
IN MY piece "Metastasising malignancy" (Business Line, August 23), I had drawn attention to the rising instances of indescribable savagery with which murders are committed to settle private or public scores. Any dispute or quarrel, ... More


Fund-Bank meet — Failing on development
This year's annual Fund-Bank meeting has sent no strong signals of co-ordinated initiatives to strengthen recovery and restore the growth momentum. For developing countries, even the modest expectations raised in Doha, Monterrey and Johannesburg fail ed to get a strong reaffirmation, let alone a renewed commitment by the developed nations, says S. Sethuraman More


Paddy MSP — Politics, economics and common sense
Used to an ever-increasing MSP, farmers this year were taken aback with the Centre deciding not to raise it. Much is wrong with the MSP, that has caught farmers in a wheat-paddy trap. Politics, rather than economics or common sense, dictates the deci sion, says Sharad Joshi. More


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