Financial Daily from THE HINDU group of publications
Tuesday, August 19, 2003
Markets (Aug. 18)
BL 2501450.75 (+32.71)
BSE Sensex3977.73 (+56.53
S&P CNX Nifty1281.40 (+33.65)
US Dollar (Buy/Sell)45.80/45.93
Gold Std (10 gm)5490 (-20)

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OPINION

COMMODITY EXCHANGES


Adding value to commodity futures
THE FUTURE of futures in commodities is closely linked with the emerging trends in global economy and in prices, unlike security derivatives where national sentiments play a major role. But system improvement can do ... More

COMPANY LAW


Of black sheep and vanishing companies
RECENTLY, the outgoing Secretary to the Department of Company Affairs (DCA) sought to justify various provisions of the Companies (Amendment) Bill, 2003. The corporate sector has, however, severely criticised the ... More

EDITORIAL


Stymieing RBI
IT IS QUEER that the Government should have thought of stymieing the Reserve Bank of India by trying to enforce Parliament scrutiny on most acts of the financial regulator. New Delhi need not have plunged into the untidy piece of legislation when ... More

TELECOMMUNICATIONS


Unified licence: Travesty of justice?
One can only hope that the introduction of the unified licence were so easy and simple. For the Government and the TRAI, it will be hard to shrug off the final TDSAT judgment and its contents as it builds up a consensus towards implementation of the unified licence. More

ECONOMY


The success of microeconomics
REFLECTING on their failure to be able to explain or forecast the economy as a whole, macroeconomists lack a certain intellectual buoyancy at present. Their subject matter is as exciting as ever — more so, with ... More

Moving towards one Europe
THE EU Council meeting in December 2002 at Copenhagen cleared the way for the accession of 10 countries — Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, the Slovak Republic and ... More

SCIENCE & TECHNOLOGY


Engineering a reverse brain drain
AMIDST the din and cackle of political debates on cow slaughter and reservation it is heartening to learn that the Communications Minister, Mr Arun Shourie, has endowed his entire entitlement under the MP Local Area ... More

TRADE & LABOUR UNIONS


Trade unionism must reinvent itself
The Indian trade union movement is badly organised and much politicised. It is splintered and leaves out of its pale vast numbers of unorganised workers. Only a confederation of the working class of all hues can serve as a political watchdog, as it c an empathise with the common man and forge a combined political movement. Then, strike becomes a potent, credible, weapon, says T.C.A. Ramanujam. More

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    Pick a Winner Stock Market Contest

    Top Stories
    `Further cut in infrastructure finance cost vital for growth'


    Low-premium health insurance — PSU insurers set to lose over Rs 10,000 cr

    Of black sheep and vanishing companies

    DoT may not accept TRAI plan on basic licences

    Way paved for SEs' demutualisation, corporatisation — Lok Sabha passes Securities Bill

    In Focus
    Cola Controversy
    The Cable tangle
    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition

    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Aug. 10-Aug. 16
    Alien tort legislation in the US — Why it should not be tampered with

    Cancun Ministerial — Rough edges and loose ends


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