The Hindu Business Line : Monday, October 27, 2003

Wanderlust
THE Prime Minister is already becoming the butt of cartoons making fun of his visiting India occasionally in the midst of his travels. Most of his Ministers, and other VIPs down the line, too find the urge to take off ... More

GLOBAL FINANCE & OVERVIEW

Management of India's forex reserves
It is a matter of pride that India has moved from being a country that faced a BoP crisis to one that has official foreign exchange reserves of nearly $90 billion. The RBI has done an admirable job of managing the country's external liquidity and de bt position, but it cannot behave like a fund manager. That could trigger unwelcome movements and, thus, discretion of the highest order is called for, says V. Anantha Nageswaran. More

WIDE CANVAS

Bonanza for the flying public
There can be no two views on the fact that the new open skies policy taking shape will be of great help to the flying public through lower fares and higher efficiency in inflight services, baggage handling, and more convenient connections. More

A RINGSIDE VIEW

Market may move sideways
For a long-term investor, this is an ideal time for a well-researched investment decision, as the overall market's fundamentals still remain positive. More

MUTUAL CONFIDENCE

Fund managers still hopeful of further appreciation
The run-up to Diwali saw the markets turn extremely choppy, the only thing constant in such circumstances being changing stock prices. Net asset values of equity funds were swinging up and down, once again buttressing the belief that equity ... More

ADR WATCH

Party time over for tech majors
LED by companies such as Microsoft Corp and Merck & Co, which have reported disappointing quarterly sales, the US markets registered declines for the first time in four weeks. The Dow Jones Industrial Average slipped 1.4 per cent for the week to ... More

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