![]() Financial Daily from THE HINDU group of publications Saturday, September 07, 2002 |
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COLUMNS ECONOMY - A PERSPECTIVE
Falling income velocity, rising money multiplier A worrying paradoxACCORDING to monetary policy, the Reserve Bank of India has to operate through the variations in reserve money to influence changes in the money multiplier. By influencing the rate of interest, especially in the short run, it influences the ... More VIEW POINT Politics of disinvestment IT IS some relief that the BJP, as a party and as a partner in the NDA coalition led by Mr Atal Bihari Vajpayee, has chosen to defend the Government's current line on disinvestment, especially given the views expressed by the new Samata Party ... More E-DIMENSION Simple answers to complex questions AN interesting `special report', Tax simplification Issues and options, appears in Tax Notes, dated a day before the WTC towers were hit. William G. Gale of Brookings Institution is the author of the report. His intro ... More SAY CHEEK ON MINT STREET Are tax-free bonds necessary? THE Finance Ministry is keen on swapping its high cost borrowings with low cost paper while at the same deciding to borrow from the market (Oct.1) at yields out of alignment with market trends. The 6-year Government of India tax-free bond bears a ... More ALL LAW Authority to maintain funds for quake relief IN reaction to the earthquakes that hit Gujarat in 2001, a new sub-section 5C was introduced in Sec 80 G of the Income-tax Act with effect from February 3, 2001, to encompass organisations engaged in relief work. The Finance Bill, 2002 had ... More EAR TO THE GROUND Nalco slides on sell-off blues NATIONAL Aluminium Company (Nalco) came under heavy selling from institutional investors on Friday. The talk was that with the reports of delay of disinvestment in Nalco, market players seemed to have turned heavy sellers. Dealers said ... More SENSOR Market tumbles on more negative triggers A combination of factors was responsible for bringing down the benchmark BSE Sensex by 40.36 points as it closed the day at 3,141.11 points. A weak closing on the Nasdaq on Thursday, the air of scepticism surrounding the disinvestment process ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Aug. 25-Aug. 31 What put TVS Motor on the fast track again Why do banks neglect the farm sector? |
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