Financial Daily from THE HINDU group of publications
Monday, August 05, 2002
Financial Daily from THE HINDU group of publications Monday, August 05, 2002 |
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COLUMNS OFFHAND Tackling the big four IT IS a bad time for the auditing firms in the big league. Arthur Andersen has sunk like the Titanic. People are refusing to believe that in the whole wide world only Andersen was ugly and all the rest are pure as driven snow. The US President ... More GLOBAL FINANCE & OVERVIEW 
The coming train-wreckIN THE last two weeks, a spate of key economic indicators from the US and from Europe has turned down — rather significantly. We will quickly recall them here: WIDE CANVAS Kashmir and the world LAST week, Opposition parties were reported to have charged in the Lok Sabha that the Government's policy on the J&K issue — especially vis-à-vis the statements made by the visiting US Secretary of State, Mr Colin Powell — was ... More ON THE MOVE Dredging contracts — Over-reliance on foreign firms REPORTS have it that on more than one occasion in the recent past, giant foreign dredging contractors, entrusted with specific jobs at various ports, withdrew without having completed the jobs for some reasons. It has happened in at least two ... More A RINGSIDE VIEW `Short-term rally likely' "A few of the players, including some NBFCs, would have to swallow the losses now (due to payment pressure). But the problem may re-emerge as the stocks that have been identified are likely to remain weak at least in the short-term." More POLICY WATCH Refurbishing exercise at North Block THE facade of North Block on Raisina Hill, which houses the Finance Ministry is quite imposing. But perhaps not the interiors of the imperial building that Edward Lutyens designed. A view which the new Finance Minister, Mr Jaswant Singh, may be ... More MUTUAL CONFIDENCE Debt funds get support as stocks tumble WITH the stock market showing no signs of recovery, equity funds presently seem to be a dejected lot. NAVs have fallen all around and valuations could go down further if last week's trends continue. Equity funds can only advise investors to wait ... More GLOBAL MONITOR Gold holds above $300/oz THE fate of gold continued to remain tied to the equity markets and the US dollar. Last week, after opening under downward pressure, the yellow metal managed to hold around $303 per ounce and traded in a narrow range till mid-week. The ... More ADR WATCH Premium widens for Infosys THE stock markets, here and in the US, continued to reel under pressure last week. Investor confidence eroded thick and fast with more negative reports affecting the market mood. The US Government data indicated manufacturing and jobs growth is ... More TECHNICAL ANALYSIS Cotton prices seen rising Cotton futures on the New York Cotton Exchange settled moderately lower on Friday driven mostly by speculative selling, lack of buying amid thin volumes. New York futures continued its rather dull and its dismal performance was tied to the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Small Investor Looking back Jul. 28-Aug. 3 Gold suddenly turns vulnerable Q1 profit numbers muted for PSBs The more unhealthy, the merrier Striving for a bone bank Gangster economics |
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