Financial Daily from THE HINDU group of publications
Friday, December 13, 2002
Markets (Dec. 12)
BL 2501113.98 (-4.69)
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Dollar (Buy/Sell)48.14/48.17
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OPINION

EDITORIAL


Sentimental, not sensible
FROM A PURELY sentimental perspective, nobody can take exception to the Finance Minister, Mr Jaswant Singh's desire that pensioners, senior citizens, and widowers should earn higher rates of return on their investments. After all, they do ... More

ECONOMY


Deflation and economic slump — Japan's wait for another Keynes
Japan is in desperate conditions. Bringing it back to a robust economic growth path is no easy task. The real solution lies in finding an appropriate policy-mix, with structural reforms, to revive the economy. Besides national economic policy measure s, some well-coordinated complementary policies of the developed countries are essential to tackle Japan's deflation and economic stagnation. More

Who will finance long-term investments?
IN the recent past, the RBI has voiced two related concerns. The first is a resuscitation package for IDBI, which could be a precursor to a similar bailout for IFCI. The other pertains to the provision of long-term project finance as the focus of ... More

POLITICS


The sad lot of Caesar's wife
PERHAPS no adage has been flaunted from public platforms, articles and exhortations of every sort so frequently as the one on Caesar's wife being above suspicion. Why Caesar's wife, and not Caesar himself, and of the many married Caesars, which ... More

FOREIGN DIRECT INVESTMENT


Turning the FDI tide
In a globalising world, there is intense competition among countries to maximise FDI inflows. Success on this front depends critically on a country's ability to create a favourable business environment, by providing better infrastructure and a hassle -free policy regime. What India needs is a pro-active policy and not one of excessive caution, says S. D. Naik More

ECONOMIC OFFENCES


JPC on market scam: Will it go the whole way?
Though it is within the Joint Parliamentary Committee's powers to fix responsibility on all those who failed, including ministers, bureaucrats, regulators and institutional heads, the august body seems more comfortable settling for halfway measures. More

PEOPLE


Being tough, sweetly
I THINK nearly everyone who meets Ms Condoleeza Rice, the US President, Mr George Bush's National Security Advisor, must come away both awed and intimidated. I wonder what our Mr Brijesh Mishra made of her. She has a brilliant academic track ... More

LETTERS


  • Laudable decision
  • TV coverage of Parliament proceedings
  • Bharat Ratna for Palkhivala
  • Road accidents
  • Recruitment in banks
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    Top Stories
    Rubber zooms to 5-year high


    RBI asks lenders to take ownership rights of defaulting corporates

    Funds see bonus issue as tax planning tool

    News channel revenues grow faster than viewership

    Insurers told to show `proof' of high losses in motor cover

    Chinese dumping thwarts move to boost bivoltine silk output

    A silver lining for payal workers

    In Focus
    Inside China

    Gujarat Elections
    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Dec. 1-Dec. 7
    `China will be the market of tomorrow' — Mr M. Arunachalam, Chairman, Indian Chamber of Commerce in Hong Kong

    Report of National Commission on Labour — Inconsistencies weaken the safety net

    Of ayurveda and farmers' rights


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