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Friday, March 13, 2009
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OPINION

BOOKS: Accounting for profit
Was the Railways really ‘bankrupt’ in 2001?. Had the accounting methods that the Indian Railways follows now been followed during Mr Nitish Kumar’s stint as a Railway Minister, the Railways would have had an annual cash surplus ...

ADVERTISING: Communication tools
When Swami Vivekananda went to Chicago for the world religion conference, few knew him in that country. His plain demeanour and simple ways made people perceive him as another saint from the land of snake-charmers and black-magic. With ...

INFRASTRUCTURE: Service delivery in TN
...

EDITORIAL: Industrial churn
The palpable downturn in the Indian economy in the last two quarters is borne out by the trend in industrial output; data for January 2009, as for the previous month, show an absolute decline in output compared to a year ago. Now the result of ...

FOREIGN TRADE: Why Doha Round conclusion is even more crucial now
Finally, the cat is out of the bag. Mr Obama’s annual trade report to Congress was published last week and its contours are extremely worrisome. For in the policy statement issued by new Obama appointees at the Office of the US ...

FOREX: Rakesh Mohan conducts the Basel symphony orchestra
In India, we have scant interest in economic history and thereby are unable to learn from the mistakes of the past. We go hyper about the ephemeral, such as the recent half a percentage point reduction by the Reserve Bank of India in policy ...

AIRLINES: Smooth flight, rough landing
After Herculean efforts to seek a special package for the airline industry, the Civil Aviation Ministry was able to do little to convince domestic airlines to lower fares. That would be the most ...

LETTERS: Unlimited overs
The point raised by “An idea whose time will come” (Business Line, March 12) is very valid. To this idea one may add a couple ...

LETTERS: Nomination facility
This refers to the report on the RBI directive advising banks to indicate the names of nominees in bank passbooks/deposit receipts (BusinessLine, March ...


Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh S Venkitaramanan




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Markets (March 12)
Nifty (at close)2,617.45(+44.30)
US Dollar (Buy/Sell)51.78/79
Brent crude (a bbl) Rs2,153
Gold (a gram) Rs1,413
Silver (a kg) Rs23,030


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