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Wednesday, September 03, 2008
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OPINION

POWER: India’s nuclear deal: A bridge too far?
The proposal for exemption to India for civil nuclear commerce has expectedly run into delays in the 45-member Nuclear Suppliers Group (NSG). The NSG is finding it difficult to reach consensus on the text of a waiver for India. Here’s a ...

AIRLINES: Long and short of the new Delhi runway
“Swifter, Higher, Stronger” is the Olympic motto. Mohammed Ali, an Olympic champion and one of the greatest heavyweight boxers, said on failing the US army aptitude test in 1964: “I said I was the greatest, not the ...

BANKING: Is it time for ‘Basel III’?
The changing role of central banks from ‘lenders of last resort’ to ‘buyers of first resort’ was clearly visible in the rescue act played by the US Treasury in the case of Fannie Mae and Freddie Mac. The January-March ...

EDITORIAL: Taking fresh guard
That the new Reserve Bank Governor, Dr Duvvuri Subbarao, who takes over from Dr Y.V. Reddy on September 5, will have his work cut out on Mint Street goes without saying. That financial and monetary policy reforms and innovative regulatory ...

TRENDS: Sir, are you Gazetted?
Recently, I had to submit an application for approval as a “research guide” to a university. I discovered that the application process had not changed after all these years! I read all the small print and started following the ...

LETTERS: Volatile oil prices
The increase in oil prices to a high of $146 per barrel in July 2008 and its subsequent decline to $112 on September 1 (Business Line, September 2) proves that the prices are decided by the bulls and bears of the oil market ...

LETTERS: Too much latitude
“J&K: Call for firmness and imagination” (Business Line, September 1) hits the nail on the head. In the Army, we were told never to break the law of the land. ...






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Markets (Sep 02)
Nifty (at close)4504.00(+155.35)
US Dollar (Buy/Sell)44.41/42
Brent crude (a bbl) Rs4,904
Gold (a gram) Rs1,089
Silver (a kg) Rs20,100


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