The Hindu Business Line : Friday, August 12, 2005

BIMARU or bimari?
THE BIMARU States comprising Bihar, Madhya Pradesh (MP), Rajasthan and Uttar Pradesh (UP) have long been known to be lagging behind in respect of most indices of economic growth and at the bottom of human and infrastructural development. This ... More

SAY CHEEK

It's not enough to be stupid
THE day's news speaks of George Gradow, "best-known as the husband of former Playboy bunny Barbi Benton," admitting in a US court that he'd altered financial documents and evaded taxes. It seems he told the judge, "I was stupid, your honour. ... More

ON MINT STREET

Why continue sectoral funding plans
IF the banking system had cared to finance the small and medium sector as normal banking custom, Mr P. Chidambaram, the Union Finance Minister, might not have come up with a minimum 20 per cent year-on-year funding growth target. This is ... More

COMING TO TERMS

Unlock ratios to find riddles to reason and reckon
THE likelihood of one individual being right increases in direct ratio to the intensity with which others try to prove him wrong, said Leonore Fleischer. With different ratios being spoken about in the case of Reliance, ... More

EAR TO THE GROUND

Solvay Pharma up on bonus hopes
IS Solvay Pharma coming out with a bonus issue or a buy-back proposal? Though there is no official word yet from the company, Dalal Street was humming with such rumours. The stock price on Thursday moved up with increased volumes on this ... More

SENSOR

FIIs, firm Asian market add to buoyancy
ALL-round buying, firmness in Asian markets and strong FII support propelled the markets as they ended the day with strong gains. While the Sensex closed at 7816.5, the Nifty settled down at 2380.9. Extending the gains made on Wednesday, the ... More

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