COLUMNS
OFFHAND
Pillars of Basel II
FROM time to time, the Bank for International Settlements (BIS), located in Basel, Switzerland, puts together esoteric edicts under exotic titles prepared by a few financial wizards of G-10 cloistered within its ...
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WIDE CANVAS
Corruption index and India
A first achieved by India in the Global Corruption Barometer survey is the pessimism over the decline of corruption in the next three years or so. Of all those surveyed, 42.1 per cent felt that corruption would increase over time with 20.1 per cent e xpecting that it would rise substantially. Just 20 per cent felt that corruption would decrease. A whopping 55.8 per cent of those surveyed in India felt that corruption in the country would increase a lot.
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ON THE MOVE
Rationalising rail wagon allotment
The Railways alone can do little to reduce wagon detention. The user industries in the core sector, particularly industries such as coal and steel, and power-houses, must also gear themselves to meet the challenge. But of these sectors has its own pr oblems.
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A RINGSIDE VIEW
Undertone turns weak
Whether it is a sideways movement or a continuation of correction, liquidity may flow out of the market as a result of dip in "sentiment" this week.
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MUTUAL CONFIDENCE
MF labels - Don't ask what is in a name?
HDFC Mutual Fund's latest proposal, an open-ended income scheme comprising various plans of fixed maturities, sounds innocuous enough. One look at it and you might, if you are not too keen on such income options at the moment, discount it as ...
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PLANTATION PANORAMA
Small Grower Development Authority — a necessity for tea industry
SUBSIDY or Small Grower Development Authority (SGDA) — what would do more good to the over 1.1 lakh tea small growers in the country? While the former helps in their survival, the latter ensures their sustained growth. Since the ...
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ADR WATCH
MTNL price, premium crash
FOLLOWING disappointing sales forecast from Texas Instruements, Xilinx Inc and Altera Corp, the US markets tumbled. Even the softening oil prices failed to revive the sentiment for US equities. Last week, the S&P 500 fell 0.3 per cent to 1188. ..
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VISION 2020
Seeking outside-the-box solutions
All the misalignments retarding industrial growth are well known. Yet, nobody wants to correct the existing set-up to improve efficiency. One simple solution could be `rurbanisation' that will empower the rural areas to compete with cities and at the same time lead to high quality urban development. Thus, there are answers, but they need outside-the-box thinking, and that is the problem, says P. V. Indiresan.
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RANDOM WALK
Beyond the festival
AS the Ninth International Film Festival of Kerala (IFFK) got under way in Thiruvananthapuram, there was a huge scramble among film lovers to grab a bite from the tantalising menu of 171 films from 50 countries on offer. Enthusiasm is ruling ...
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AMERICAN PERISCOPE
It is in giving that they receive
While the Christmas season brings with it the feeling of generosity and of giving to others, such humanistic motivations are not sufficient for all. For, December is not only the `season to be jolly' it is also the end of the tax year, which means th at there are only a few more days to make that charitable donation in order to claim a tax deduction.
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