Business Daily from THE HINDU group of publications
Monday, November 24, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, November 24, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION FINANCIAL MARKETS: Bush’s last hurrah! The Conference of G-20 held recently at Washington saw, in effect, one of President Bush’s ambitions coming to a grievous end. He had perhaps expected that he would leave his office with a resounding message of international cooperation as ... FINANCIAL POLICY: Time to go fiscal? The collapse of the financial system in recent times has led to freezing of debt markets throughout the world, with financial institutions refusing to lend to each other, forget about firms in other sectors such as manufacturing, getting cash. ... EDITORIAL: Protectionist test Barely had the echoes of the Prime Minister, Dr Manmohan Singh’s, fervent plea at the G-20 meet “to take urgent steps to strengthen the global trading system and forestall any protectionist tendencies” faded than the ... ECONOMY: Problem is absence of will, not lack of resources How fast will India grow this year, next year? That is a question that intrigues most of our economists today. The Finance Minister has been saying that growth will be not less than 7 per cent this year. The truth is nobody knows. It has been ... FOREIGN TRADE: A time for protection? The recession gripping the international economy — the worst since the 1930s — will work itself through the system in, maybe, another 12 months, straining the sinews of every economy on the planet. The one general characteristic which ... FINANCIAL MARKETS: Tilting at ideological windmills The summit of the leaders of major economies that took place on November 15 lived up to its expectations — nothing much was expected out of it! So what little was achieved was welcome. Here were the leaders of 20 major economies of the ... COURTS/LEGAL ISSUES: Appointment of judges The framers of India’s written Constitution wisely built into it checks and balances in order bring about a harmonious balance in the powers and responsibilities of the three branches — the Executive, the Legislature and the ... LETTERS: Rupee depreciation With reference to the article “importers’ demand puts rupee under pressure” (Business Line, November 21), ironically, the financial crisis that originated in the US is responsible for the appreciation of ...
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