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Monday, December 20, 2004

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OFFHAND
Lesson for India
THE Guardian has come out with the disturbing report that at least three million of the UK's population of 60 million are in the care of doctors who "are not fit to practise, are incompetent or just not good ... More

GLOBAL FINANCE & OVERVIEW
US equities outlook is weakly positive
The outlook for American stocks is neither exciting nor gloomy, as the prices reflect lower earnings multiples. As oil prices climb, some profit-taking can be expected early in the New Year, followed by some stability. But anything more than a mode st rise is unsustainable. If operating earnings continue to drift further away from reported and economic figures, then one should be prepared to trust American stocks far less, says V. Anantha Nageswaran. More

WIDE CANVAS
Poised for faster growth?
On the prospects for the economy during the year, the Mid-Term Review cites the scaled-down growth range of the RBI (6 to 6.5 per cent) for 2004-05 and says that "even at a relatively lower growth rate of 6 per cent plus for the current year, India w ill continue to be one of the fastest growing economies of the world". Admittedly, the farm sector's growth prospects have been doused a bit by a less-than-abundant monsoon. But, even so, the overall growth outlook for the economy "has been strengthe ned by the resilience displayed by industry and services". More

ON THE MOVE
SAIL and Railways — A change of track after the railing
SAIL is examining ways of integrating its future plans with those of the Indian Railways for upgradation of technology and smoother movement of raw materials and finished goods. More

A RINGSIDE VIEW
Throttle continues to be in FIIs' hands
WHAT a year it was! For Dalal Street, it has been a year of records. Not only the key indices scaled new heights, but the foreign fund inflow has been unprecedented. The economy has seen lowest interest regime in decades and marked improvement in ... More

MUTUAL CONFIDENCE
Distributors - only sensitive to incentives?
Yeh sab rakho... thoda paisa badao". Those ordinary Hindi words would not mean much if you consider them in isolation. Put them in the context of mutual funds, and their meaning turns quite sinister. In reality, these were spoken by a ... More

SAY CHEEK
Where is Appu?
FOR almost a whole month I've not been responding to anxious reader mails, all with the same query: Where is Appu? But when the inbox shows strain at its seams, there is no option but to find an answer, whether or not our cops find ... More

ERRORS & OMISSIONS EXPECTED
Go offline to recover from online damage
THE recent Baazee episode raises questions on what can and can't be sold, on who is responsible to decide that, and if law has the right safeguards. If you're sufficiently worked up that kids can be exposed to vile stuff on the Net, you'd do well ... More

RANDOM WALK
One hundred days of melodrama
Buffeted on all sides by the political fallout of the charges against one of his key colleagues, the least the Chief Minister can do is to fish into his magician's hat for some dazzling figures to camouflage what has been, in reality, a less than ast ounding hundred days in power. More




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