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Monday, December 15, 2008
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S VENKITARAMANAN: Fiscal stimulus package: Welcome moves but room for more
The Government of India has taken action in terms of additional expenditure, tax cuts and coordinated steps by the RBI to relax credit conditions to important sectors. Announcing these decisions, Mr Montek Singh Ahluwalia, Deputy Chairman, ...

A RINGSIDE VIEW: Optimism still lurks in market
Short-covering may help benchmarks gain further. The market, which is pricing in the earnings de-growth in view of unveiling slowdown, appears to give a benefit of doubt to corporates before the third quarter results ...

RANDOM WALK: Can bamboo boom?
Last week Kochi played host to a three-day Kerala Bamboo Festival, organised by the State’s Industries and Commerce Department to focus on new trends in the bamboo industry as well as to provide an avenue for the promotion of a range of ...

OFFHAND: Shadow on Obama’s inauguration
The ‘crime spree’, as the Federal investigators called it, indulged in by the Governor of Illinois, Mr Rod Blagojevich, threatens to take the sheen out of the inauguration gala for the President-elect, Mr Barack Obama’s ...

BL CLUB: Dr. K. Jafar Ali, Director, Centre for Human Renaissance; Vel’s University
Chennai, Dec. 14 The impact of the global economic slowdown is being felt across the globe, including India. The financial services, ITeS and insurance sectors in the country face a serious setback in the face of ...

ADR WATCH: Tata Comm, MTNL jump on 3G hopes
US stocks ended on a flat note after they swung between gains and losses. Despite the failure of the auto bailout plan, the Dow ended with modest losses, while the Nasdaq and S&P 500 closed with slim ...

ON THE MOVE: Andaman and Nicobar passenger service: Hit by delayed ship delivery
A fortnight ago, two passenger ships, MV Bambooka and MV North Passage, each with capacity of 150 passengers, were commissioned in Port Blair. Named after two islands in Andaman & Nicobar, the ships ...

WIDE CANVAS: Respite for the WTO
Mr Pascal Lamy’s statement made at the end of last week that a WTO Ministerial meeting this month was now highly unlikely should be seen as a respite for the Geneva-based organisation from the assaults it has been facing in recent times ...

EUROSCAPE: Changing facets of policing
Two important events caught my attention last week to conclude that two countries in new enlarged Europe do have trigger-happy policemen and unfair, bigoted justice system. First, the jury at an inquest into the shooting by London police, ...

COMMODITY COMMENTARY: GM food: Substantial progress made in research
Govt under pressure to explore other crops. Mumbai, Dec. 14 The Union Minister for Health, Dr Anbumani Ramadoss, is reportedly opposed to the entry of genetically modified (GM) foods and seeds. The basis of the Minister’s opposition is ...

BL CLUB: Raghu Vasu, CEO, Transdyne; Siva Sivani Institute of Management, Kompally
Hyderabad, Dec. 14 Management students who are really meritorious would be able to get a good break even in the present difficult job market, according to Mr Raghu Vasu, Chief Executive ...





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Markets (Dec 12)
Nifty (at close)2921.35(+1.20)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,189
Silver (a kg) Rs17,705


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