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OPINION

FINANCIAL MARKETS: ‘…We all fall down’
The global meltdown is deeply entrenched and no country is being spared the fall out. As Haberler said in Prosperity and Depression (1937), the seeds of a depression are laid in the preceding boom; thus, the present meltdown is the retribution ...

CREDIT RATING: Investing faith in rating agencies
The article “Credit rating agencies — answerable to none?”, which appeared in these columns on November 3, raised several important issues, not only for credit rating agencies but also the wider financial market. ...

INTERVIEW: ‘Global developments will affect coking coal imports’
Industrialist turned politician Santosh Bagrodia, the Minister of State for Coal, took charge of the Coal Ministry in April this year. Within a short span of seven months he has been witness to ups and downs in ...

EDITORIAL: Metal mettle
After the bull-run of the last four years, when the global metals market was characterised by rising production, soaring consumption, expanding trade and ever-escalating prices, an unprecedented meltdown in the past four months has created ...

HUMAN RESOURCES: Regulating executive pay
A salutary outcome of the global financial crisis is the coming into the open of the outrage universally felt over the sky-rocketing amounts in salaries, bonuses and severance compensation (mis)appropriated by the top executives of firms, with ...

WTO: Doha resurrection
The Doha Round (and generally the WTO), like the proverbial phoenix, has risen from the ashes of past failures, and it appears that there would be more such resurrections before the Round is sealed; the latest being the call for another round ...

LETTERS: Clarification
This refers to “Corporate social irresponsibility?” (Business Line, November 20). We would like to point out some glaring inaccuracies that create impressions contrary to facts. The piece has suggested that ...





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Markets (Nov 20)
Nifty (at close)2553.15(-81.85)
US Dollar (Buy/Sell)50.20/21
Brent crude (a bbl) Rs2,404
Gold (a gram) Rs1,131
Silver (a kg) Rs16,845


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