Financial Daily from THE HINDU group of publications
Monday, January 05, 2004

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Poor politicians!
YOU bet the broadside against politicians launched by the Chief Election Commissioner, Mr J. M. Lyngdoh, most certainly did not take them by surprise. Day in and day out, in season and out of season, in print and ... More

SAARC initiative on free trade
In its essence, a free trade area means trading in a tariff-free environment, which should normally lead to a sharp increase in trade volume and value with the most efficient manufacturers of select products in the "area" raking in the maximum profit s. There is no reason why this situation should not be replicated among the SAARC countries, the only snag being that since the member-countries are not equally strong, economically speaking, the stronger among the grouping will reap a larger harvest compared to the weaker set. More

Unions' battle for supremacy — Seamen all at sea
Seamen are helpless, as they individually have no say in the matter. Unions that are supposed to negotiate the seamen's wages have been waging a battle of their own for supremacy, leaving aside the crucial issue of wage talks. More

Upbeat market looks for steroids from SAFTA, corporate results
The benchmark index, the BSE Sensex, is likely to remain firm in the event of a smooth Islamabad declaration on SAFTA. An "unofficial" Indo-Pak summit, speculated to take place on January 6, may add bonus to the sentiment. More

Will diversified funds pay in 2004?
DIVERSIFIED equity funds will remain the cynosure of all eyes in the early days of 2004. Their net asset values have moved up in tandem with the advancing indices and the rising trend will be sustained if the market continues to stay in the ... More

Indian counters on song
IT was a happy transmission from 2003 to 2004 for the equities as they witnessed sharp gains with investors' confidence brimming on various feelgood factors including signs of recovery in the US economy. The US stocks rose for a straight sixth ... More

When Sensex zips past, say `risk'
BULLS are on a rampage and bears are hibernating. The Sensex is at 6,000-plus and Sachin at 9,000-plus. While this must merit a party within days of your New Year bash, some people are too afraid of even saying `but' because that may upset the ... More

If only we could divert rivers for a shining India
JESUS said, "Do unto others as you would have them do unto you." You may wonder if this is something you can do with your taxman, when he deducts tax from your income but doesn't pay tax on his revenues. Or with the chef when he gives you a burnt ... More

On the way to a high-cost destination?
FOR tourists, visitors and plain old merry-makers, finding a room with a view in God's Own Country this Christmas and New Year season was a mighty difficult task - unless, of course, you were a Priyanka Gandhi or a Robert Vadhera. All the ... More

An ESOP fable
SEBI has sought comments from the public to amend its guidelines on Employee Stock Option Scheme (ESOPs). ESOP has been a popular form of equity-based compensation the world over. But ESOP programme may not be an ... More

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Top Stories
Kerala, TN to sign pact on river waters in March

Analysts see robust Q3 results from tech firms

Reform labour laws, now

The perils of private food export

India in $100-b forex club sans export boom!

SAARC initiative on free trade

Will diversified funds pay in 2004?

Indian counters on song

Looking back
Dec. 28-Jan. 3
Think twice before sending your son to a co-ed school

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