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COLUMNS
DOWN TO EARTH:
Who benefits from the waiver?
The last act in the drama surrounding the Agricultural Debt Waiver and Debt Relief Scheme (ADWDR) announced by the Finance Minister on the February 29 is unfolding in rural India. All the leading banks were instructed to put on their ...
OFFHAND:
Deterrent punishments
Strangely enough, all the cogitations regarding police and judicial reforms in various forums have overlooked penal reforms, an important part of the criminal justice system, meant to ensure that punishment fits the crime, and is severe enough to ...
FINANCIAL SCAN:
India near junk, says ‘AAA’ sub-prime mortgage rater
It is among the fastest growing and largest economies of the world with $ 300 billion in foreign exchange reserves and a 60-year old functioning democracy with Anglo-Saxon legal systems. Foreign investors are clamouring for a piece of the ...
ON THE HEDGE:
Volatility index increases to 49 – highest close since January 28 crash
Ranbaxy open interest jumps. Chennai, July 15 Turnover remained modest at Rs 44,122.92 crore against Monday’s figure of about Rs 40,096 crore. The discount of Nifty July future with respect to the spot close jumped to 32.2 points, mainly ...
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