Financial Daily from THE HINDU group of publications
Monday, December 16, 2002
Markets (Dec. 16)
BL 2501116.60 (-6.20)
BSE Sensex3328.39 (-14.58)
S&P CNX Nifty1078.45 (-7.75)
Dollar (Buy/Sell)48.10/48.23
Gold Std (10 gm)5435 (-15)

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OFFHAND


Better governance: Reshuffles no answer
TIME was when a Cabinet reshuffle or changes in Ministers' portfolios used to be rare. But to the Chief Minister of Tamil Nadu, Ms Jayalalithaa, belongs the distinction of converting a rare exception into a recurrent routine. In the last 18 ... More

ON THE MOVE


SCI sale — Why is the Government letting things drift?
With delays dogging the SCI sale, and the fall in its share price, it's no surprise there are hardly any serious takers left. More

A RINGSIDE VIEW


Rally seen spreading to old-economy stocks
THE stock market, firmly in the grip of speculators, has identified props to push up the sentiment. With the Gujarat polls going the BJP way, the punting point now is the next meeting of the Cabinet Committee on Disinvestment scheduled this ... More

POLICY WATCH


Multilateral loans — Bitter pill for States
THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has generally been used to having his way ever since he decided to support the NDA Government. The much hyped up and self-styled CEO of the State is quite pushy when it comes to ... More

MUTUAL CONFIDENCE


Few options on offer for retirement scenario
"A belief is not merely an idea the mind possesses; it is an idea that possesses the mind" — Robert Bolton. It's time individual investors, salaried or otherwise, accept Bolton's words as their credo. A strong belief in what they are doing ... More

ADR WATCH


ICICI Bank, DRL post strong gains
APPREHENSIONS over US corporates' profitability seemed to have kept a tab on the progress of the US markets. With some major corporates slated to announce their financial performance in the coming week, the mood turned cautious, pushing down ... More

VISION 2020


Vision 2020 — Innovative approaches to taxation
Higher rates will tempt people to evade taxes and convert otherwise dutiful citizens into criminals. Any attempt to collect more will be counter-productive. More direct taxes can be collected only when people become more prosperous. P. V. Indiresa n explores other avenues for improving state finances. More

STOCKS TO WATCH


Dr Reddy's Lab: Court verdict crucial
A US District Court is to express an opinion on December 17 on an attempt by Dr Reddy's Labs to challenge an existing patent. The outcome will have a significant bearing on Dr. Reddy's drug roll-out plan there in the near future, and eventually ... More

TECHNICAL ANALYSIS


Upward tweak seen in cotton futures
NYCE cotton futures closed higher on Friday on trade buying, speculative interest in the market and talk of purchases by buyers from Asia. With the Christmas holiday season looming next week, dealings may thin out, as players retreat to the ... More

AMERICAN PERISCOPE


What will be United Airlines' flight plan?
THE turmoil in the airline industry in the US has claimed another victim. United Airlines, ranked second largest in the world, filed under Chapter 11 of the Bankruptcy Code so it can restructure and make another attempt to become a profitable ... More
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Top Stories
`Core infrastructure must improve' — Mr S. K. Mohapatra, Chairman, Paradip Port Trust


Lenders seek to shut BIFR door against defaulters

Jt venture issue blown out of proportion: NDDB chief

Ascon survey shows rise in industrial output

Divestment panel draws roadmap for TCIL — `Merge Semiconductor Complex with a PSU'

In Focus
Inside China

Gujarat Elections
Small Investor
In Depth
Gender Justice
Simple Economics
India Interior
Consumer Notes
Looking back
Dec. 8-Dec. 14
A silver lining for payal workers

Empowering faceless women

Economic growth versus social impact


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