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Monday, September 21, 2009
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OPINION

FINANCIAL POLICY: The wages of financial freedom
It is just over a year since Lehman Brothers collapsed in the US. This led to a squeeze in liquidity, leading many banks to fail around the world. The jury is still out on how the Federal Reserve should have dealt with the problem of ...

EDITORIAL: Small industry bypassed
The industrial performance numbers for July might seem encouraging, but a credible recovery would have to carry along with it the small-scale sector, particularly micro-enterprises (those with an investment in plant and machinery below Rs 25 ...

INVESTMENTS: ‘Sustainable’ investing
Socially responsible investments (SRI) are often hailed as a means to finally effect meaningful change on the environmental landscape. The rationale is that ethical screens on an investment universe should nudge corporates towards ...

POLITICS: Who is speaking for Congress?
What is all the bewildering uproar over the tweet on the ‘cattle class’ and ‘holy cows’ sent out by the hapless Minister of State for External Affairs, Mr Shashi Tharoor, in aid of? First, the very propriety of a ...

ECONOMY: Doing business in India
Is there any link between the ease or difficulty of doing business and economic development, generally? Put differently, does doing business in a country become easier with a faster pace of economic development? What can one say about the ...

ECONOMY: Conspicuous austerity
A few days ago, I was having a discussion with my father, who is 80 years old and lives in small village in Palakkad, Kerala. I asked him what he thought the commonest disease or ailment prevalent in India was. He said we may name many but a ...

LETTERS: Swiss banking
As a former head magistrate in Switzerland responsible for matters of international legal assistance I’d like to add a few remarks to the image of “The colour-blind Swiss” (Business Line, September 16). ...

EVENTS: Parting gift
The son and daughter-in-law of a top Indian Council of Agricultural Research (ICAR) official due for retirement and currently on a six-month extension have both recently been appointed as associate professors at the Central ...


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 (Sept 18)
Nifty (at close)4,976.05(+10.50)
US Dollar (Buy/Sell)48.13/14
Brent crude (a bbl) Rs3,476
Gold (a gram) Rs1,476
Silver (a kg) Rs28,750


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