Financial Daily from THE HINDU group of publications
Tuesday, February 19, 2002
Markets (Feb. 18)
BL 2501130.38 (+4.04)
BSE Sensex3633.93 (+31.91)
S&P CNX Nifty1172.85 (+12.90)
Dollar (Buy/Sell)48.62/48.75
Gold Std (10gm)4970

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OPINION

EDITORIAL


Opening banks to FDI
THE RBI MOVE to allow a hike in the foreign direct investment (FDI) in private banks to 49 per cent is to be welcomed as an enabling feature to allow market forces alter the moribund state of banking. However, some more clarity is needed on ... More

ECONOMY


Is the world headed for depression again?
Despite optimistic projections to the contrary, all the latest estimates point to the possibility of a serious recession in the world economy. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate the na ture of the current slowdown of growth in the major developed economies and consider the prognosis for the near future. More

POLITICS


Ferment in Muslim world -- Chasm between elite and street
DENOUNCING the regimes in Iran, Iraq and North Korea as an "axis of evil" in his annual State of the Union Address, the US President, Mr George W. Bush, proclaimed: "We are willing to engage in dialogue and we are quite willing to work with ... More

ECONOMICS


The wealth in the title
THE emerging markets boom that followed the drive towards liberalisation, privatisation and globalisation (L-P-G) has lost its momentum. World-over, economies were in trouble even before the US began to slow down and well before the events of ... More

TRENDS


The lure of books
WHEN was the last time you held in your hands a book, felt its heft and shape, ran your fingers on its cover and anticipated the pleasure of reading it? Often, just the colour and texture of a book's wrapper is enough to provide a sense of joy. ... More

LETTERS


  • Convert FIs into banks
  • Sinking steel industry
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    FMCG sector growth inches up, says study


    European cos warming up to outsourcing

    `ARC should create market, not buy bad loans'

    DCA tightens norms on loans to directors

    Silo deadline extended

    NTPC, Rlys sign pact on power plants

    Is the world headed for depression again?

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Feb. 10-Feb. 16
    Delicensing dilemmas

    Export strategy 2002-07 -- Faltering ambitions, missing links

    ARCs: Answer to bank NPAs?

    All set for the UP battle

    V. Venkataswamy U/s


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