Financial Daily from THE HINDU group of publications
Saturday, December 28, 2002
Financial Daily from THE HINDU group of publications Saturday, December 28, 2002 |
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COLUMNS ECONOMY - A PERSPECTIVE Exchange reserves management — Is there a bold new way out? It is the monetisation of the foreign exchange resources by the RBI which has enabled the Government borrow heavily from commercial banks and at such low rates of interest. But the RBI would prefer the Government borrowed from banks. And by holding down the external value of the rupee, imports are being discouraged. By that, the country is losing in terms of import duties, ballooning the fiscal deficit, says P. R. Brahmananda More E-DIMENSION The cat that chased the rat that... IT IS jungle law that if there is a sparrow to watch a worm, there is a cat to track the sparrow, and a dog to pounce on the cat, and so on. Normally, economists don't work that way, because redundancy is wasteful, and so they tend to work on ... More ERRORS & OMISSIONS EXPECTED The other face of music THE happening place for errors and omissions these days is the music circuit that is going on as a rage in the city. The yearly fest in carnatic music that draws visitors from afar inundates the air vibes with hundreds of renderings, so ... More EAR TO THE GROUND Bharat Forge at year high AS the third quarter comes to end, select market players have started accumulating shares of auto-ancillary company Bharat Forge. The accumulation led the stock to touch a new 52-week high of Rs 199.50 on the stock exchanges on Friday. Dealers ... More SENSOR Profit-booking in Reliance, HLL trims Sensex gains THE benchmark BSE Sensex continued its northward movement on Friday and ended the week in the positive territory. The sharp spike in the stock price of the state-owned oil refinery major Hindustan Petroleum Corporation Ltd, in anticipation of ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Gujarat Elections Stock scam unravelling Red signal for Chinese silk Petrol pump controversy Small Investor In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 15-Dec. 21 Gold poised higher Banks shy away from Nabard refinance |
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