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Monday, October 13, 2008
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COLUMNS

A RINGSIDE VIEW: Bumpy ride looms large on lack of confidence
Value buying unlikely to emerge soon. This week Dalal Street is unlikely to see emergence of any serious buying. The fear psychosis that has gripped the market would not let it happen. On the contrary, selling pressure may not abate until ...

S VENKITARAMANAN: Kudos in order, as also more work
The reverberations of the US financial collapse on the various economies of the world have been far-reaching. Particularly, we are witnessing the collapse of leading banks in Europe. This has led many observers to reflect on the comparative ...

VISION 2020: Will reservation moves bear fruit?
In recent times, there has been considerable debate on reservation for OBCs in Central Universities, including the IITs. It has been reported that the HRD Ministry had issued as “Minutes” that the Standing Committee of the IIT ...

ADR WATCH: ICICI Bank, HDFC Bank lead ADR fall
With nervous investors continuing their heavy selling, Wall Street witnessed one of the worst meltdowns in recent memory. The Dow Jones Industrial Average plummeted 18 per cent for the week, pushing the index to five-year lows. The ...

AMERICAN PERISCOPE: Capitalism, socialism and democracy
With due apologies to economist Joseph Schumpeter, I couldn’t resist borrowing the title of his book (1942) for this column. The current events in the US are most aptly summed up by that title. This is the heartland of capitalism ...

WIDE CANVAS: Managing the crisis
Even seasoned financial analysts find looking into the crystal ball at this juncture a difficult proposition, the inference to be drawn being that it is better not to stick one’s neck out and pontificate which way things will ...

OFFHAND: Chuck this practice!
There was once a time when the police were left in peace to investigate a crime, subject only to the supervision of higher authorities. But no longer. The inquisitive reporters of both the print and electronic media, especially the latter, ...





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Markets (Oct 11)
Nifty (at close)3279.95(-233.70)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs3,595
Gold (a gram) Rs1,231
Silver (a kg) Rs18,340


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