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Monday, August 04, 2008
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A RINGSIDE VIEW: Upward momentum likely to sustain
FIIs not in a hurry to make any investments in India. The equity market last week remained fairly resilient despite RBI raised the repo rate and hiked the CRR. The comforting words from IAEA enhanced the prospect of the proposed Indo-US deal ...

VISION 2020: Lifting productivity, the third tool
As expected, the Reserve Bank of India has raised interest rates once again. Interest rate regulation is like a thunder shower — it does not discriminate; it pours on the sinful as much as on the sinless with equal ferocity. Monetary ...

OFFHAND: Indo-Taiwan ties
Considering the indifferent state of relations between India and Taiwan for the past many years, it is not surprising that the visit of a Taiwanese delegation to Chennai last week, comprising parliamentarians, academics, think-tank analysts and ...

AMERICAN PERISCOPE: All’s not well with Italy
Italy’s union of transport employees, which includes rail, bus, subways, and so on, went on a 24-hour strike from 9 p.m. on July 6. They were supposed to maintain a minimum level of service to avoid throwing public life out of gear. ...

ADR WATCH: Dr. Reddy’s, bank counters tumble
IT majors end on firm note. It was a mixed show by the US markets. The broad-based S&P 500 Index closed last week with a gain of 0.2 per cent, led by energy companies and banks. On the other hand, the disappointing financial performances ...

CHAT: Who is looking at corporate results?
Most June quarter results are out and it’s a sad story. What IIP numbers showed at the start of the year, inflation numbers stressed in the mid…is being reinforced by India Inc’s results. Jogin, Dakshinamoorthy, ...

RANDOM WALK: The price of rice
Few Keralites can go to bed contented without a bellyfull of their favourite dish of rice. Time was when there were over 600 varieties of locally grown paddy to choose from, as Kerala’s senior citizens will tell you, but today the story is ...





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Markets (Aug 02)
Nifty (at close)4414.05 (+81.10)
US Dollar (Buy/Sell)42.35/36
Brent crude (per bbl) Rs5,206
Gold (per gram) Rs1,164
Silver (per gram) Rs26.35


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