Financial Daily from THE HINDU group of publications
Tuesday, December 10, 2002
Markets (Dec. 09)
BL 2501109.09 (-15.56)
BSE Sensex3269.31 (-36.98)
S&P CNX Nifty1058.65 (-11.15)
Dollar (Buy/Sell)48.16/48.29
Gold Std (10 gm)5320 (+20)

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OPINION

EDITORIAL


A partial victory
HAS THE THREE-MONTH hiatus done some good to the privatisation programme? The answer appears a qualified yes, going by the statement of the Disinvestment Minister, Mr Arun Shourie, in the Lok Sabha on Monday that the Government will go ahead ... More

ECONOMY


All bets on a weak dollar
It is to be weaker dollar, for the US itself does not have the luxury of choosing to live with the currency at current levels. It would push the current account deficit to unprecedented levels, with unpredictable consequences, besides contributing to lower economic growth. Try as they might, Asian central banks cannot prevent the inevitable weakness of the dollar, says V. Anantha-Nageswaran. More

POLITICS


Gujarat elections: The declining wave
CERTAIN trends stand out a few days before the Gujarat polls. The Hindutva wave on whose crest Mr Narendra Modi hoped to achieve a landslide appears to be losing momentum. A recent pre-poll survey by Outlook-Cfore revealed that the ... More

RBI & OTHER CENTRAL BANKS


How powerful are central banks?
The demand for central bank "independence" tends to miss the point about how much power central banks still have. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh discuss the extent to which central banks can st ill fulfil their basic functions in the wake of financial liberalisation, and why such demands are still so common. More

MARKETING


National interest vs competition — Need to strike the right balance
SHOULD the `national treatment' idea be kept out of the new Competition Bill (now in Parliament)? While the Commerce Ministry's Trade Policy Division thinks so, the Department of Company Affairs does not. The latter argues that the law does have ... More

LETTERS


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  • Developing rural India
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    Top Stories
    Kerala tops tourism growth rate worldwide


    I am ready to quit, says Mardia Chem chief

    `We will put Railways on savings track' — Mr V. Gujral, Vice-Chairman & CEO, Jindal Steel

    Terror risk pool corpus may expand by Rs 100 cr

    Interconnect issue worries Tata Tele

    P-greetings keep pace

    ICICI Bank to sell gold coins

    Stagnant consumption worries fertiliser industry

    In Focus
    Inside China

    Gujarat Elections
    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Dec. 1-Dec. 7
    `China will be the market of tomorrow' — Mr M. Arunachalam, Chairman, Indian Chamber of Commerce in Hong Kong

    Report of National Commission on Labour — Inconsistencies weaken the safety net

    Of ayurveda and farmers' rights


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