The Hindu Business Line : Friday, September 21, 2007

EDITORIAL
Back to the thirties
Exporters will have to create services and products that command premium prices, thereby mitigating the effect of a rising rupee. More

AIRLINES
Snags in air safety standards
The recent crash of a small four-seater aircraft in Bangalore, in which four young pilots were killed, is a reflection on the safety culture in Indian aviation. More

STOCK MARKETS
Raising money from public offereing — Interesting trends in capital market
Though by and large the capital market developmentcaptures well India's growth story, there are some areas ofconcern that need to be addressed. These includethe shrinking size of offers and the non-secular natureof the Sensex rally, say A. THILLAI RA JAN, M. B. RAGUPATHY,and S. VAISHNO DEVI. More

COMMODITY MARKETS
Open interest and trade volumes — Important indicators in determining trends
It is a common misperception that the open interest is the summation of the number of long positions and short positions. Since derivatives result in zero sum — a buyer exists only if a seller is present — it is sufficient if either the n umber of outstanding long positions or short position contracts is known. More

HUMAN RESOURCES
Loyalty: An over-rated virtue?
"Modesty is an over-rated virtue" said the famous economist, John Kenneth Galbraith, with a touch of his own imitable brand of sardonic humour. The same seems to apply to loyalty which, whether over-rated or not, has become an endangered virtue ... More

MORTGAGE
Northern Rock bailout — ‘Back-to-basics’ message for banks globally
Northern Rock’s travails are the result of some weaknesses in its balance sheet which have been exposed in a global market crisis. This holds important lessons for Indian banks even though a similar crisis may appear somewhat remote in the over all business environment. More

LETTERS

Market rally

RBI Reviews

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

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Looking back
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