The Hindu Business Line : Monday, August 04, 2003

Murders most foul
WILL it be too far-fetched if I say that the US and the UK ganged up to commit murders of their own soldiers and innocent Iraqi civilians and therefore, their leaders should face trial by an International Crimes ... More

GLOBAL FINANCE & OVERVIEW

Growth bulls on rampage... But wait for exhaustion to set in
The unjustified euphoria and desperation in financial markets will sort themselves out eventually. Needed now is patience underpinned by a sound understanding of the underlying economic fundamentals, says V. Anantha Nageswaran. More

WIDE CANVAS

Cancun at the crossroads
The obstacles ahead on the road to Cancun — and to the larger target of implementation of the Doha Development Agenda — are many and entrenched. This is a widely known fact which is why appeals have poured in from all sides to get the neg otiations to move ahead. More

A RINGSIDE VIEW

Bullish undertone prevails, but...
The market this week or in the next couple of weeks may enter a phase of relative drift, which is likely to coincide with a broad profit taking exercise. As the leveraged positions in the derivatives segment are vulnerable to weaknesses in the spot m arket, large-scale profit taking may induce reduction in the open interest, causing a trend reversal. More

MUTUAL CONFIDENCE

`From zero to hero, equity funds make biggest splash'
"From being one of the worst performing markets in the first quarter of 2003, our markets have bounced back like the Hindi movie hero," says Mr Bhandari. More

GLOBAL MONITOR

Gold testing range
A VOLATILE week for the precious metals with strength across the complex (along with base metals) early in the week followed by profit-taking in gold and platinum late in the week with prices falling from highs back towards recent support levels, ... More

ADR WATCH

Infosys premium narrows down, remains in focus
THE US stocks finished last on a negative note after data on jobs and manufacturing failed to meet analysts expectation. The government reports tempered optimism that corporate profits will grow fast enough during the second half to support ... More

ERRORS & OMISSIONS EXPECTED

On cocky clock crooks and model hunters
RONNY, a reader, complains of what he calls `highway robbery', and I grab my pocketknife to run to his rescue. As it turns out, his complaint is about the facility provided at a popular Internet browsing centre. "They give me two hours for ... More

RANDOM WALK

Coke takes a poke
Coca-Cola has weathered many a storm, including the great cyclamate scare of the late 1960s. It will get over the current mess, perhaps a little scarred and possibly a mite wiser. More

MARK TO MARKET

Fund of funds — Will investing within help?
TEMPLETON India and Prudential ICICI have filed offer documents with SEBI to float fund of funds. Interestingly, both have offered plans that will invest in schemes available within their respective fund-houses. This ... More

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