The Hindu Business Line : Wednesday, November 23, 2005

Spade by another name
JOHN Knox who said, "I have learned to call wickedness by its own terms: A fig, a fig, and a spade a spade", (translating an old Latin proverb ficus ficus, ligonem ligonem vocat), will, in these days of `political correctness' in the use ... More

FINANCIAL SCAN

Bond yields can only go up
WE are in the era of single-digit interest rates. A glance at the G-7 countries shows that in none does the central bank rate exceed 5 per cent. Japan continues with its zero rate policy and the European Central Bank is at 2 per cent (with the ... More

INDIA INTERIOR

Rail link across border — need of the hour
STANDING under a tree with a small pile of pineapples, a middle-aged Lushai woman extended her hand and told me with a wide open smile, "I want to shake hands with you." I firmly shook hands when she offered me three pineapples each weighing ... More

ZERO BASE

Is there a law governing electronic fund transfers?
ON MONDAY, the Reserve Bank of India (RBI) commenced the live operation of the National Electronic Funds Transfer (NEFT). Though currently only eight banks are on the NEFT network and there is only one settlement a day, the system assures instant ... More

EAR TO THE GROUND

Product price keeps Chemplast Sanmar firm
PVC manufacturer Chemplast Sanmar on Tuesday closed slightly down (15 paise) at Rs 83.26, after touching a day's high at Rs 85. According to market sources, the counter has been moving up recently on firm product price and possibility of ... More

SENSOR

Bear hug pushes heavyweights to negative territory
MARKETS opened weak on Tuesday dominating early in the trading session. Bear-domination, however, slipped closed to noon with the bulls appearing after a day's hiatus. For a brief session, the markets appeared to be moving on a positive note with ... More

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Nov. 13-Nov. 19
MFs' asset base moves up sharply