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Friday, April 17, 2009
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OPINION

FINANCIAL MARKETS: Credit Crunch 2? Or Credit Catch-22?
If the demise of the famous securities brokering house Bear Stearns last year is considered the birth of the global crisis, the latter is now a year old. Now flash back to the year 2008 and the global discourse then on where the US economy ...

MERGERS & ACQUISITIONS: Satyam: Unfinished work
So, Satyam Computer, the institution, has been saved and handed over to a credible buyer who can take it forward. The government-nominated Board deserves praise for extricating the company from the mess that it found itself in, stabilising it ...

EDUCATION: Universities must be well endowed
Yale University in 2007-08 posted operating revenues of almost $2.3 billion. Of this, tuition fees (inclusive of boarding charges) contributed $246 million, that is, less than 11 per cent. There were 11,364 students enrolled at this elite ...

ECONOMY: Growing imbalance in external sector
The data released by the Reserve Bank of India till 2007-08 had highlighted how the country’s external sector was growing in strength over the last few years. There was robust growth in merchandise and services exports, global capital ...

POLITICS: Getting the best out of regionalism
The Prime Minister, Dr Manmohan Singh, has triggered a healthy debate by turning the spotlight in his recent public utterances on the impact of regional parties on governance at the Centre and in the States. While prepared to regard them as ...

EDITORIAL: Nuts and bolts of revival
A close look at industrial output data since 2004, when the good times began, suggests that the present downturn is not entirely due to the slowdown. There can be no denying that basic chemicals, metals and alloy industries, rubber, plastic ...

LETTERS: Uncertain future
This refers to “Tech Mahindra recruits exchange nervous notes on the Web” (Business Line, April 16). I am a fresher of the 2008 batch, recruited by Satyam during campus interviews. While everyone, including ...

LETTERS: Simple truth
The simple yet powerful truth very well conveyed in the article “Why Economics is not Physics” (Business Line, April 15) is sadly not understood by those who should. Much of the global financial meltdown was due ...


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 (April 16)
Nifty (at close)3369.50(-114.65)
US Dollar (Buy/Sell)49.77/78
Brent crude (a bbl) Rs2,568
Gold (a gram) Rs1,342
Silver (a kg) Rs21,785


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