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Tuesday, October 20, 2009
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OPINION

FINANCIAL MARKETS: Global imbalances: Remarkable reversal
An important feature of the global monetary regime of the last three decades is the imbalance in the distribution of current account balances across countries and country groupings. Recently, the most glaring discrepancy is the fact that a huge ...

FOREIGN TRADE: The dragon frowns
When Mr Rahul Gandhi last week dismissed Pakistan as “just a small piece of land” and protested that we are “giving too much importance to Pakistan… India can’t be compared with Pakistan”, many Indians ...

INTERVIEW: ‘Focus is on achieving balanced urban growth’
The country’s huge requirement of infrastructure to keep pace with urbanisation is well documented. Yet, this gap remains unfilled for want of resources and perspective planning. Business Line spoke to the ...

EDITORIAL: 'Interest'ing dilemma
When faced with a problem of a severe global contraction in demand caused by financial recklessness, John Maynard Keynes came up with the equivalent of E=MC{+2} for economics in 1936. His formulation, which has now become a sort of ...

LETTERS: Poor governance
The article, “Poverty of governance” (Business Line, October 19) analyses the reasons for social backwardness prevailing in the country. The lack of governance leads to anarchy where teachers do not teach and ...

LETTERS: Fallout from Bt crops
Among the many objections raised by activists against genetically modified crops, such as Bt brinjal, the most important may be that farmers will lose control over seed production and be at the mercy of the multinational company (Monsanto, ...


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 (Oct 16)
Nifty (at close)5,142.15(+33.30)
US Dollar (Buy/Sell)46.29/30
Brent crude (a bbl) Rs3,452
Gold (a gram) Rs1,474
Silver (a kg) Rs27,935


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