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Thursday, October 23, 2008
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OPINION

ECONOMY: Think out of the box
There is opportunity in every crisis. The dictum holds true for the Indian economy in the context of the ongoing meltdown in Dalal Street and world asset markets. The global crisis has helped bring to light the structural strengths and weaknesses ...

INTERVIEW: Good financial reporting cannot be achieved by box-ticking
We are currently talking of the IFRS (International Financial Reporting Standards) convergence by 2011. Are we just in time, or are we the ...

OVERSEAS BORROWINGS: FCEB juxtaposed against FCCB
Issue of Foreign Currency Exchangeable Bonds (FCEB) Scheme 2008 has given the Indian corporates one more avenue to look for and tap insofar as foreign funds are concerned. It is different from Foreign Currency Convertible Bonds (FCCB) in ...

SOCIAL SECURITY: Expats in PF net
The Ministry of Labour and Employment has issued a notification, which may have far-reaching consequences on the social security regime in India. A special provision has been introduced in the Provident Fund (PF) regulations, creating a ...

EDITORIAL: Hungry India
In a highly disturbing, but unsurprising, finding, India is home to the world’s largest food insecure population with more than 200 million people facing hunger and ranks 66 out of 88 countries on the 2008 Global Hunger Index, according to ...

LETTERS: Liquidity concerns
This is with reference to “Is the RBI going overboard to ease liquidity?” (Business Line, October 22). The article rightly brings out the danger of pumping in high powered money into the economy which is ...

LETTERS: Confidence cover
Several banks in the US and Europe have failed in the aftermath of the sub-prime crisis, shaking the confidence of depositors and investors, worldwide. So far, fortunately, the banks in India have come out unscathed from this ...






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Markets (Oct 22)
Nifty (at close)3065.15(-169.75)
US Dollar (Buy/Sell)49.30/31
Brent crude (a bbl) Rs3,272
Gold (a gram) Rs1,135
Silver (a kg) Rs17,540


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