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Tuesday, October 21, 2008
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OPINION

FINANCIAL MARKETS: India and the global financial crisis
When the financial crisis erupted in a comprehensive manner on Wall Street, there was some premature triumphalism among Indian policymakers and media persons. It was argued that India would be relatively immune to this crisis, because of ...

ECONOMY: It’s the real economy that needs shoring up
Both the RBI and the Finance Ministry could not have wished for a more vivid example of just how fast the economy is sliding into uncertainty than the Jet Airways’ sacking of 800 employees and its overnight change of heart last ...

AIRLINES: Aviation triumvirate
The events of the last few days in the aviation industry make one wonder what the intentions of the triumvirate — the Civil Aviation Ministry, Kingfisher Airlines and Jet Airways — ...

POLITICS: Another ‘show of strength’
Most Indians must have read incredulously the news that thieves hacked into the personal bank account of the French President, Mr Nicolas Sarkozy. All that a tight-lipped French Cabinet spokesperson was willing to say was that this had been done ...

FOREIGN TRADE: Gains from India-Australia FTA
This may not be the best of times for any country to preach the virtue of trade and financial liberalisation. But Australia is in the forefront of wrapping up a slew of free trade agreements (FTAs) with countries such as Chile, the US, ...

EDITORIAL: Commodities slump
After reaching record highs a few months earlier this year, commodity prices have spiralled down rather sharply in recent weeks. Although the correction was a matter of time, the rapidity with which prices moved South — be they of ...

LETTERS: Political colour of industrialists
Apropos the article “Is Ratan Tata a Marxist” (Business Line, October 20), it is well-known that the Tatas were pioneers in introducing many welfare measures for employees at their steel plant in ...





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Markets (Oct 20)
Nifty (at close)3122.80(+48.45)
US Dollar (Buy/Sell)48.99/49.00
Brent crude (a bbl) Rs3,295
Gold (a gram) Rs1,181
Silver (a kg) Rs17,760


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