Business Daily from THE HINDU group of publications
Tuesday, November 11, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, November 11, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION FINANCIAL MARKETS: BoE rate-cut: Barking at the moon? In what is being hailed as an unprecedented move in more than half a century, the Bank of England on Thursday (November 6) cut interest rates by 1.5 percentage points, beating the most optimistic expectations by half a percentage point. ... EDITORIAL: Tackling the slowdown If proof were needed that the organised sector of the Indian economy is globalised, look no further than the reaction of firms to the economic slowdown. What began as a knee-jerk reaction of Jet Airways, which issued marching orders to 800 ... FINANCIAL MARKETS: Combating the present crisis Since August, two perspectives have influenced the way policymakers viewed the world and India’s place in it. The first view held that India was sufficiently decoupled from the world economy’s stresses, that Indian financial ... ECONOMY: Calibrating the inflation meter The debate over WPI (wholesale price index) vs. CPI (consumer price index) has grown in the past few months with inflation creeping up week after week before showing a downward trend. The WPI is used as a measure of inflation in ... ARTS & CRAFTS: Keep horn craft alive Cuttack, the former capital of Orissa, is home to some of the rich handicraft traditions. In ancient India, Cuttack was a famous river port from where the Oriya traders, known as Sadhabas, set out for long voyages to Greece and the Indian ... ECONOMY: Downward spiral The economy is a peculiar animal. Like a feral horse it can kick you when you least expect it. Till a few months ago, every businessman seemed to have money and spoke of how he was going to make much more. Money was spent without let, and ... LETTERS: Industrial relations The Ashok Leyland management must be congratulated for agreeing to pay full wages to workers for “16 non-working days” in November and December (in the wake of drop in the demand for vehicles) in the expectation of ...
LETTERS:
Shortage of funds
LETTERS:
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