Financial Daily from THE HINDU group of publications
Friday, June 06, 2003
Markets (June 5)
BL 2501192.12 (+1.58)
BSE Sensex3262.20 (+45.71)
S&P CNX Nifty1035.05 (+14)
Dollar (Buy/Sell)46.89/47.03
Gold Std (10 gm)5630 (-15)

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OPINION

COMMODITY EXCHANGES


Risk management in commodity markets — Widening and deepening futures trading
The recent opening of the futures regime augurs well as investors and traders will take greater interest in commodities. Risk management will add value to the commodities market and help broadbase the growth in trading. Last year's limit reached thro ugh futures in niche commodities can be doubled, aided by national-level multi-commodity exchanges. A `virtuous circle' will be created, contributing to national GDP and employment. More

EDITORIAL


No capital idea
WILD GYRATIONS IN bank stocks, egged by confusing statements from top Finance Ministry officials, have got players on Mint Street sniffing a scam. Till date neither the RBI nor SEBI has got down to seeking any explanation from the bourses when it ... More

POLITICS


Total confusion or deliberate dissonance?
New Delhi will have to take a number of measures to correct the widespread impression in the military establishment in Pakistan that the Prime Minister's initiative flows from a lack of political will in India to bear the military, economic and inte rnational costs of Pakistan's jihad in Jammu and Kashmir. Military leaders in Pakistan do not respect those they believe are weak, says G. Parthasarathy. More

Vikas and loh
THE BJP President, Mr M. Venkaiah Naidu, has been doing his damnedest these few days to tie into knots himself, his party colleagues, the media and the country as a whole with his wobbling and waffling over his comparison of the party's two top ... More

BIO-TECH & GENETICS


Biotech agri products — Basis for US' review request
INDIA has a growing biotechnology sector, which many hope will be a new engine for economic expansion. The country is also blessed with a large cadre of world-class research scientists, positioning India to play a leading role in the further ... More

WTO


Food safety: Distorting standards that impede exports
THE contrast could not be sharper. The latest annual Exim Policy document is all optimism. But there is much pessimism where exports of agriculture and allied products are concerned. One needs to take a close look at the destination of ... More

PEOPLE


Alan Greenspan: A man for all Presidents
MR ALAN Greenspan has been variously described as a maestro, master of the universe, man behind the money, and so on. He is said to have mastery over numbers, and reportedly pores over data in his bathtub every morning. The shareholders view him ... More

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    Education financing — Worrying policy shift

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