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OPINION

FINANCIAL MARKETS: The bailout needs a bailout
The good news had come last week that Hank Paulson and Ben Bernanke had tied up the politics of the bail-out package with the energetic assistance of President Bush. There was also news that it had a good chance of bi-partisan ...

INVESTMENT BANKING: The rise and fall of investment banks
Barely five months ago, five big investment banks straddled the five continents but now none of them exists in its original form. All of them were based in Wall Street, New York and had tremendous influence over financial markets all over the ...

FINANCIAL MARKETS: Getting ‘real’ about financialisation
Wall Street tail wagging Main Street dog. Financial Engineering taking precedence over Real Engineering. Speculation riding roughshod over Enterprise. These are some of the familiar epithets ascribed to the US economy that many see ...

EDITORIAL: Learning from Singur fiasco
For quite some time it has been apparent that Tata Motor’s first ultra low-cost car, Nano would not roll out of the Singur plant that was being built even in the face of some determined opposition over land acquisition for the project. The ...

ARTS & CRAFTS: Economy and ecosystem
They are dark-skinned, simple people with an innocent pair of eyes which slowly catch up with the urban anxiety. They live in the forest-fringed villages of Bastar district of Chhattisgarh. Their economy is an extension of the ecosystem, which ...

FINANCIAL MARKETS: Europe’s contingency plan
If we look at history, human beings are most creative during times of crisis or adversity. And, the reality is that innovation, most of the time, is the result of creativity. The European continent is developing a unified strategy and ...

TRADE & LABOUR UNIONS: Labour management
The day after the CEO of a firm, located in Noida near Delhi, was done to death in his office on September 22 by workers incensed over the management’s refusal to reinstate some dismissed workers, the Union Labour Minister, Mr Oscar ...

LETTERS: Nano project
This refers to the report “Tatas pull out of Singur; to look at Nano relocation” (Business Line, October ...





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Markets (Oct 03)
Nifty (at close)3824.55 (-126.20)
US Dollar (Buy/Sell)47.14/15
Brent crude (a bbl) Rs4,413
Gold (a gram) Rs1,187
Silver (a kg) Rs19,025


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