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Tuesday, May 26, 2009
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OPINION

EDITORIAL: Word of caution
Even as Dr Manmohan Singh was finalising his choice for Finance Minister came a strong piece of advice from Mint Road in Mumbai on further stimulus packages. Addressing a conference on Friday, the RBI Governor, Dr D. Subbarao, cautioned New ...

POLITICS: Coalition blues
Uneasy lies the head that wears the crown, goes the saying. None would be in a better position to confirm this than the Prime Minister, Dr Manmohan Singh, who is facing a tough time forming the Cabinet. As in 2004, the DMK chief, Mr ...

PHARMACEUTICALS: Malvinder checks out
It was a pill he was expected to swallow sooner or later, is how industry veterans explain the resignation of Mr Malvinder Singh, as Chairman of Ranbaxy Laboratories. But that it would come this soon, may not quite have been expected. ...

RICE: Why not export subsidy for rice?
Recently the Government announced permission for export of one million tones of rice to African countries, even detailing the quantities for each country. This is a positive gesture, in keeping with tradition. The issue now is the nitty-gritty ...

ARTS & CRAFTS: Exotic Batua craft
Founded in the 11th Century AD by the legendary king Raja Bhoja, Bhopal was once the seat of art, culture and scholarly activities. In later period, Bhopal was ruled by the Gond tribe before it slipped into the hands of the Begums who ruled it ...

BANKING: Rules on advances: Questionable restructuring
The Reserve Bank of India’s prudential guidelines on restructuring of advances by banks originally issued in March 2001 and modified in August 2008 have imposed an unnecessary burden on banks. Further, the principle behind the ...

LETTERS: Why not use the DMK formula?
The DMK has got less parliamentary seats this time than in the last Lok Sabha elections. Despite this, Mr Karunanidhi has been demanding more than his share of ministries and important portfolios for his family and party members in the ...

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 (May 26)
Nifty (at close)4,116.70(-120.85)
US Dollar (Buy/Sell)47.44/46
Brent crude (a bbl) Rs2,821
Gold (a gram) Rs1,357
Silver (a kg) Rs23,890


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