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OPINION

INTERVIEW: Will there be surprises in our bank balance sheets?
What’s common between cricket players and central bankers? They keep us on the edge of our seats, and can surprise us all the time. Tuesday was one such day, when the Reserve Bank of India (RBI) announced yet another round of rate ...

BOOKS: A fundamental market principle
Implement full-cost market pricing, says David C. Korten as one of the twelve points that he lists in Agenda for a New Economy: From phantom wealth to real wealth ( ...

EDITORIAL: When iron has no strength
India may reckon that China is its largest trading partner, but its export manifest in recent years has looked strikingly similar to that of “banana” producing countries of Central America. With iron ore constituting 60 per cent ...

CREDIT POLICY: Finely modulated Policy
It is well recognised that the Indian economy is facing serious uncertainties and there are obvious political economy pressures on the Reserve Bank of India (RBI) to relax monetary policy, notwithstanding the short/medium-term problems attendant ...

POLITICS: Elections: Little debate on national issues
The Lok Sabha Election of 2009has neither generated a worthwhile debate on vital national issues nor is it likely to throw up a stable Government at the Centre. The ‘aam aadmi’ has got a fairly good sense of the position of ...

BOOKS: Of Bengalis and books
Recently, the Economics Nobel laureate, Professor Amartya Sen, a Bengali who has studied in Kolkata, is reported to have told an audience in London that Kolkata had the “lowest crime rate in the world” because of “the ...

LETTERS: Sack the ministers
In a parliamentary democracy all Cabinet ministers are expected to speak with one voice on all important policy matters and programmes. The ministers in the Cabinet headed by Dr Manmohan Singh are now speaking in different voices. ...

LETTERS: Monetary policy
The RBI has done a commendable job in its annual monetary policy report for the fiscal 2009-10. By maintaining the CRR and other key rates it has safeguarded its role as a key player in the banking ...


Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh S Venkitaramanan




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Markets (April 22)
Nifty (at close)3334.95(-30.35)
US Dollar (Buy/Sell)50.35/38
Brent crude (a bbl) Rs2,488
Gold (a gram) Rs1,344
Silver (a kg) Rs21,140


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