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Wednesday, October 22, 2008
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OPINION

FINANCIAL MARKETS: Missed distress signals
Numbers, they say, leave a trail. No wonder then, ordinary people drawing non-descript salaries are flummoxed at how the fraternity of number-crunchers, (read analysts, consultants, even journalists) did not see the red-mark on the report cards ...

POLITICS: The rule of law
In West Bengal, the Gorkhaland Jana Morcha has taken the decision unilaterally to replace West Bengal vehicle number-plates with ones bearing an unofficial "GJ" number. It has also begun a campaign to deface office signboards which have ...

STOCK MARKETS: Dancing with the bear
October 6, 2008 will be remembered by historians as the darkest day in global financial markets. The storm of fear that had blown away Lehman Brothers was claiming more victims on its way. Asian markets felt the fear first and emerging ...

EDITORIAL: Impetus to growth
Perhaps no single initiative of the Reserve Bank of India (RBI) or even the Finance Ministry in the recent past has evoked such optimism as Monday’s cut of 100 basis points in the repo rate that now stands at 8 per cent. The ...

CRR & BANK RATES: Is the RBI going overboard to ease liquidity?
I believe banking institutions are more dangerous to our liberties than standing armies in ...

AGRICULTURE: Needed, an exit policy for agriculture
The title of this article may shock many readers. An exit policy for agriculture? Are not the farmers born farmers and do they not die as farmers? Farmers do exit agriculture. But that is only when they are forced to do so by drought or famine ...

LETTERS: Restoring the market
Your editorial “Restoring Market” (Business Line, October 20) has rightly pointed out the futility of further government intervention in the stock ...

LETTERS: Diesel consumption
It’s interesting that the Petroleum Planning and Analysis Cell plans to undertake a study on the increasing consumption of diesel in the country despite the fluctuations in crude prices (Business Line, ...






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Markets (Oct 21)
Nifty (at 1.45 p.m)3217.05(+94.25)
US Dollar (Buy/Sell)49.02/03
Brent crude (a bbl) Rs3,477
Gold (a gram) Rs1,181
Silver (a kg) Rs17,760


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