Financial Daily from THE HINDU group of publications
Saturday, December 14, 2002
Markets (Dec. 13)
BL 2501122.80 (+8.82)
BSE Sensex3342.97 (+18.49)
S&P CNX Nifty1086.20 (+9.20)
Dollar (Buy/Sell)48.13/48.26
Gold Std (10 gm)5450 (+110)

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ECONOMY - A PERSPECTIVE


Interest rates and taxes — Can they serve a social purpose?
The sharp drop in interest rates has hit not only the senior citizens, who depend on income from term deposits, but also those who are saving towards their retirement, apart from bearing the rising educational expenses of wards and maintaining relati ves. The state must provide some savings instrument that yields sufficient income for all these categories. Many new ideas can be adopted to give taxation a social purpose, says P. R. Brahmananda. More

E-DIMENSION


There's no easy way to lose weight
THE Department of Disinvestment (DoDi) has a no-nonsense Web site that gives a lot of information. For instance, it gives as rationale for disinvestment of public sector units enterprises or PSEs but more commonly known as PSUs — the ... More

ON MINT STREET


Economic growth versus social impact
IN a rare chat on the social fall out of globalisation in the sanctum sanctorum of the Indian financial system, Prof Jagdish Bhagwati, who teaches at the Columbia University, favoured a small surcharge (four per cent) on Indian NRIs to compensate ... More

INDIA INTERIOR


Empowering faceless women
SOME four years ago Neelima Kulkarni and three of her friends searched Kolhapur town an entire morning for information on the SHG-Bank Linkage Programme promoted by Nabard. But no banker in the co-operative or Government sector was of any help. A ... More

ERRORS & OMISSIONS EXPECTED


Asinine obstacles to wisdom
SOMEWHERE in the Gospel of Ramakrishna Paramahamsa, there is a saying that goes on the following lines: Closest to a lamp, you would find a patch of darkness. This may be disputed by companies that make bulbs and tube-lights but the fact ... More

EAR TO THE GROUND


MTNL reacts to Reliance move
AFTER a short recovery from its new lows, MTNL has resumed its downward journey. But this time the selling was on fear that MTNL might lose major businesses after the launch of Reliance's limited mobility telecom service, scheduled for launch on ... More

ON THE HEDGE


Construct January bull call-spread on Nifty
THE following strategies are based on Friday's trading in the derivatives segment at the NSE: Equity options: The outlook on BPCL appears positive, though it may take a while for the stock's upside drift to gather speed. The upside price ... More

SENSOR


PSU stocks gain; sentiment turns positive
EQUITIES rose moderately on Friday because of the widely held belief that the outcome of the ongoing election process in Gujarat would have a positive impact on economic decision-making. Public sector stocks, in particular, were among the ... More
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Creating cyberspace in trains

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Major rejig at NDDB on cards

LIFE is a win-win scenario

Economic growth versus social impact

Empowering faceless women

In Focus
Inside China

Gujarat Elections
Small Investor
In Depth
Gender Justice
Simple Economics
India Interior
Looking back
Dec. 1-Dec. 7
GE Shipping hoots past SCI disinvestment


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