OPINION
EDITORIAL
RBI's gentle squeeze
WITH PRICE INDICES continuing to climb, the Reserve Bank of India had the choice of leeching out excess funds from the system or marking up the Bank Rate to make lending dearer across the system. For a start, the RBI has sensibly gone in for ...
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COURTS/LEGAL ISSUES
Trends in patent and trademark law
THE intellectual property law confer legal exclusivity in the market place. The right to prevent copying of ideas or information is recognised and this has recently made intellectual property (IP) law somewhat esoteric ...
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ECONOMY
Stock taking by the Plan panel
AMID ALL the controversy that the Planning Commission should not engage itself with multilateral development institutions such as the World Bank and the ADB in devising mid-course corrections while formulating the ...
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Tasks before the Twelfth Finance Commission — A tough balancing act indeed
THE Chairman of the Twelfth Finance Commission, Dr C. Rangarajan, has come out with a characteristically clear outline of the challenges that face the Commission. I refer to his article on the subject in the Economic ...
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HEALTH
Distress from stress
SURPRISINGLY, automated, touch-screen lifestyle and paperless offices have been of no help in guaranteeing a stress-free existence. Mobile phones, the ubiquitous Internet and wireless application protocols seem to be ...
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MUTUAL FUNDS
Index funds do not really lower risks
THE Pension Fund Regulation and Development Authority (PFRDA) has suggested in its draft proposal that pension funds should only invest in index funds. The reason is that non-index funds run active risk. This is the ...
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STOCK MARKETS
Investors, frogs and Yellowstone effect
The current firmness in equity prices is akin to the warm glow of pleasure that a frog may feel when water begins to boil. Resistance to the fundamental deterioration through manipulation of technical indicators and through the provision of liquidity would be to set the stock market up for a Yellowstone effect, which is the consequence of an extreme event, says V. Anantha Nageswaran, cautioning investors.
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LETTERS
Review of RBI Act
Trade policy
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