Financial Daily from THE HINDU group of publications
Friday, February 17, 2006
Markets (Feb 16)
BSE Sensex10124.30(+11.12)
S&P CNX Nifty3021.60 (-0.60)
US Dollar (Buy/Sell)44.30/44.43


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OPINION

EDITORIAL


Making money dearer
ICICI BANK HAS pushed up its Benchmark Prime Lending Rate (BPLR) by 50 basis points to 11.75 per cent and SBI, the major domo, is threatening to follow suit. With not enough funds going round, banks have been marking up deposit rates with a ... More

ECONOMY


Winds of change in China's growth strategy
CHINA'S 2.3 trillion dollar economy, the fourth largest, continues to power ahead but its leaders have become more aware than ever before that more than half of its 1.3 billion people are getting caught in the ever ... More

POLITICS


The gas leak
THE Ministry of Petroleum and Natural Gas does seem to have a serious "leaking" problem. The former Minister, Mr Mani Shankar Aiyar, had a difficult time keeping his ideas to himself. His proposal for establishing a ... More

President as Supreme Commander — Need for law vesting powers and authority
India's President is a "paper super", being neither supreme nor a commander. He should have the right to approve the postings, promotions, transfers and punishments of officers of the rank of at least corps commanders and above; the authority to appl y his mind independently to the selection, acquisition and purchase of means of warfare and weapons systems, and to the adoption of new technologies. His present position is anomalous and needs to be put on a sound footing, says B. S. Raghavan . More

INTERVIEW


`As you succeed, the next jump has to be higher'
Mr Ishaat Hussain, Executive Director, Tata Sons

Over the last few years the Tata group has been in the news both for the performance of its companies and its spate of overseas acquisitions. With the Union Budget round the corner, Business Line spoke to Mr Ishaat Hussain, Executive ... More

RETAILING


The devil is still in the retail
WHOLESALE reforms are yet to happen on the retail front. Meanwhile, the Government is testing waters by pushing in the tail first, in the form of `single brand' liberalisation on the FDI (foreign direct investment) ... More

TRENDS


Price of reticence
THE problem with an ancient civilisation like India is the observance of reticence about its own heritage and achievements. The result has been to foster an impression of primitiveness around the world, while the cultures-come-lately, especially ... More

LETTERS


  • Unwarranted withdrawal of MIS bonus
  • Monorail in Chennai
  • Gandhi talisman



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