Financial Daily from THE HINDU group of publications
Saturday, November 02, 2002
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Financial Daily from THE HINDU group of publications Saturday, November 02, 2002 |
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COLUMNS IMPRESSIONS ECONOMY - A PERSPECTIVE 
Two errors in the fiscal domainSuccessive Budgets over the last few years have overestimated the effects of the reforms, with the estimates, year on year, being above the actuals. As a result, fiscal deficits are soaring, inequalities rising, and governments borrowing more and mor e. Conservatism in financial estimation is best for the country, for we would then be making realistic forecasts. It is better to be pleasantly surprised than bullishly disappointed, says P. R. Brahmananda. More E-DIMENSION The mumbo-jumbo from Mint Street THE mid-term review by the RBI Governor, Dr Bimal Jalan, of the Credit Policy does not make an ideal bedtime read. It is too full of percentages and projections, of assumptions and observations. But it has become all too common for some to ... More ON MINT STREET The strange ritual at SBI continues THE Prime Minister, Mr Atal Bihari Vajpayee, talks of reforms quite frequently. But the honourable senior citizen has not had the time to sign papers appointing a Chairman for SBI, the biggest Indian bank, with a sizable foreign presence. Has ... More EAR TO THE GROUND `Silverlining' for Titan After foraying into gold jewellery, watch major Titan Industries is now planning to enter silverware. Market sources said the company was working out initial entry strategy to make a dent in this Rs 5,000-crore market, which akin to the jewellery ... More SENSOR Infosys firm; Reliance slips on profit-booking GAINS in tech heavyweight Infosys Technologies and in all two-wheeler majors were substantially offset by profit booking in the Reliance counter, as the BSE Sensex ended with a marginal gain of 1.26 points at 2950.58 points on Friday, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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