COLUMNS
OFFHAND
Agent or arbiter
A DRAWBACK common to all democracies is that once the voters have cast their votes for particular parties and candidates at the time of election, they lose their hold over them, and their right to regulate what their ...
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FINANCIAL SCAN
Credit, not treasury, will determine banks' profits
Banks were well-positioned to take advantage of the huge upward move in bond prices as the Reserve Bank of India mandates that at least 25 per cent of their liabilities must be invested in gilts as part of the Statutory Liquidity Ratio (SLR). ...
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REFLECTIONS
Are jungles falling prey to development?
"As boys, when we read Jim Corbett's stories, we had visions of the hills around Pati with plentiful goral, the forests around Devidhura populated by sambar, with antlers as big as the branch of an oak tree, and the Sharda full of big mahseer. The ye ars have changed this wildlife abundance. Instead, everywhere, we saw evidence only of human abundance."
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DOWN TO EARTH
Good luck, Mr Sharad Pawar
Mr Sharad Pawar has vast administrative experience as a former Chief Minister of Maharashtra and Defence Minister at the Centre. If he is serious about increasing private investment in agriculture, Mr Pawar must reform the agricutural marketing syste m and restore property rights, at least for the farmers.
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MICROSCOPE
ONGC: A disappointing show
THE central theme of Oil and Natural Gas Corporation's (ONGC) disappointing performance in the fourth quarter of 2003-04 and the whole year is the regulatory risk that the company is subject to. Revenue and earnings have been hit badly by the ...
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RANDOM WALK
Drop everything and read
KERALA can lay proud claim to being India's First State, as far as the fine art of reading is concerned. Naturally, therefore, observation of June 19 as Reading Day and the entire week as Reading Week was in keeping with the State's longstanding ...
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EAR TO THE GROUND
JISCO-JVSL merger ruling
TALK that the court judgment on the JISCO-JVSL merger is to come through shortly perked up interest in the JISCO counter. Dealers said that expectation that the ruling would go in favour of JISCO saw the company's stock surge by 5.45 per cent ...
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SENSOR
Budget blues at the bourses
UNCERTAINTY about the implications and direction of the impending Union Budget seemed to be weighing heavily on the minds of investors amid lacklustre trading on Tuesday. Most investors, including institutional clients, preferred to adopt the ...
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