The Hindu Business Line : Saturday, April 23, 2005

One cool judgment is worth a thousand hasty counsels
SUMMER'S scorching, so we switch on the air-conditioners to shed the heat. But when ITI Ltd flicked the `Modvat credit' switch for the ACs it used in the manufacture of `army transportable satellite terminals', there ... More

VIEW POINT

Importance of the savings rate
EARLIER this week, in London, the Deputy Chairman of the Planning Commission, Dr Montek Singh Ahluwalia, told an august gathering at Chatham House that India was well on its way to entering a phase of rapid growth. ... More

E-DIMENSION

Our generation can choose to end extreme poverty by 2025
CHECK today's headlines. Did it scream, "More than 20,000 people perished yesterday of extreme poverty"? No. Because it happens everyday, "such stories rarely get written," rues Jeffrey D. Sachs in his book The End ... More

ON MINT STREET

PDs have little to complain about
Ahead of the current proposal, the RBI should switch on the screen-based order trading system with a firm date provided in the April 28 Credit Policy. If the NSE can run the screen for equities, there is no reason why debt deals not be done on the sc reen. More

EAR TO THE GROUND

Balmer Lawrie revamp talk pep-up
THE twin counters of Balmer Lawrie and Balmer Lawrie Investments, the holding company of the former, on Friday moved up on street talk that the Government is taking a fresh look at the possibility of divesting or restructuring the business of the ... More

ON THE HEDGE

Outlook negative for IPCL, Tata Tea, Tata Power
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: IPCL: The April futures contract closed at 161.90. The outlook appears negative. The downside target range is 155-153. Sell April futures ... More

SENSOR

Infotech stocks lead market rally
THE markets ended the trading week in style, posting gains for the third consecutive day. The Sensex gained 47.37 points to settle at 6346.57 points, even as the Nifty moved up by 18.80 points to end the day at 1967.35 points. More

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