Financial Daily from THE HINDU group of publications
Thursday, January 09, 2003
Markets (Jan. 08)
BL 2501134.24 (+3.65)
BSE Sensex3357.87 (+27.37)
S&P CNX Nifty1089.35 (+7.55)
Dollar (Buy/Sell)47.93/48.06
Gold Std (10 gm)5620 (-40)

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Exchange Traded Funds — Web of Spiders and Vipers beckons
AFTER nearly a decade of the bourses seeing few innovative products other than the derivatives, the Indian investors are about to embark on the complex world of Spiders, Vipers, WEBS, Diamonds and Cubes. Just last week, Prudential ICICI Asset ... More


Rivers of ambition
GOING BY INDIA'S track record in completion of mega infrastructure projects, the super giga project for interlinking the major rivers — primarily to avoid droughts and floods — appears far too ambitious, on all counts. At a time when ... More


Towering over the watchtowers
N. R. Moorthy looks at the recommendations of the Naresh Chandra Committee on audit independence More

When brands go hybrid
S. Murlidharan asks whether cross-branding makes sense other than on costing ground More

New account
NORMALLY, the dawn of the New Year does not really matter for accountants because they live in a different world where the first day of the year is All Fools' Day. They live from fiscal to fiscal, sometimes abbreviated to fisc, more to rhyme with ... More


Groundbreaking airport?
I was in a tearing hurry to reach the 11th groundbreaking ceremony of the proposed international airport at Devanahalli, and was stuck in one of Bangalore's morning traffic jams. I knew the organisers would be punctual, as otherwise rahu kalam ... More


Kelkar proposals: The missing objectives
The recommendations of the Kelkar panel do not lead to high growth of investment. The final report has failed to understand the dynamics of savings and investment in the economy. The need today is a saving rate of 30 per cent and an investment r ate of 34-35 per cent, says M. Y. Khan. More


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    Top Stories
    IRDA for more tax sops to encourage savings

    CESC sells bill space to rake in moolah

    National status for 2 commodity bourses

    Exchange Traded Funds — Web of Spiders and Vipers beckons

    Market conditions may not cheer consumer goods majors

    No money for the poor

    In Focus
    Inside China

    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    2002: A drought year
    Gold: Still the winner?
    Oil PSUs: Disinvestment dilemma
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 29-Jan. 4
    In the interest of better governance

    Small savings — New instruments needed

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