Business Daily from THE HINDU group of publications Wednesday, October 29, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION PETROLEUM: Falling oil prices: Grab the opportunity for reform Even as our policymakers grapple with the fallout of the global financial markets crisis on the country, there is at least one reason for them to cheer — the free fall in crude oil prices. Oil is down by more than half from its peak of $147 ... AIRLINES: Aviation formula gone sour The recent marriage between Kingfisher and Jet Airways has not produced the kind of euphoria that the owners of the two airlines had expected. On the contrary, the share values have dropped and their frequent flip-flops on decisions have ... FINANCIAL MARKETS: Gordon Brown the saviour Crises tend to produce a man for the hour. For the latest global financial imbroglio it is Gordon Brown. Till now nondescript, the British Prime Minister has suddenly transformed into a modern-day Messiah who would lead the Western financial ... ECONOMICS: Paul Krugman and the Economics Nobel Professor Paul Robin Krugman, the 2008 Nobel Economics prize winner, has demonstrated intellectual leadership and contributed to innovations in concepts and analysis, shaping decisions and research directions.Prof Krugman’s ... EDITORIAL: A crisis on all streets It is a well-known fact that the Bretton Woods arrangement, which led to the establishment of the International Monetary Fund in 1945, has turned out to be inadequate to meet the requirements of regulation of the present-day international ... POLITICS: Race against time for new US President It will be nothing unnatural if the new US President, as he assumes office at noon on January 20, 2009, looks to the New Deal of Franklin Delano Roosevelt (FDR) for inspiration. When FDR took over as President on March 4, 1933, at the start of ... LETTERS: Acquisitions that work Apropos the article “Making acquisitions work” (Business Line, October 27, 2008) most of the acquisitions are made to expand a business inorganically and to increase the percentage of market ...
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