The Hindu Business Line : Monday, September 15, 2003

Another stitch for the mills
THE PROPOSED REVIVAL scheme for textile units tending towards sickness is one more bail-out package from a Government which seems impervious to the moral hazard implications of throwing good money after bad. As per the latest scheme, the Rs 6,000 ... More

AIRLINES

India's civil aviation needs free flight
THE first commercial flight in India was made on February 18,1911, when a French pilot Monseigneur Piguet flew airmails from Allahabad to Naini, covering a distance of about 10 km in as many minutes. Since then several ... More

INSIGHT

Healthy exegesis
OUT of evil cometh good, they say. Out of the terror of 9/11 has emerged an attempt on the part of scholars and savants of different religious persuasions to understand the true nature of Islam. It is an eminently ... More

ECONOMY

World Investment Report 2003 — Internal governance matters a great deal
THE World Investment Report 2003 carries forward the rich traditions of UNCTAD (United Nations Conference on Trade and Development) in surveying the progress of investment by transnational corporations in various ... More

POLITICS

Monsoon session: Dry in business
EXPECTED to do a great deal of legislative business, the just-concluded monsoon session of Parliament will be best remembered for the no-confidence motion against the BJP-led NDA Government that fell through, as ... More

WATER

Desalination: Answer to Chennai's water woes
A reliable and low-cost desalination-based water generation and distribution system has the potential to overcome the shortage, provided there is an agreement on the payment of usage charges. More

FINANCIAL MARKETS

US stocks are fully priced, but who cares?
Though economic activity has gathered momentum in the US, the Federal budget deficit has reached record levels and looks set to rise further. Deficit spending makes bondholders nervous. However, its effect on the equity market is different. The ultr a-easy monetary policy and expansive fiscal policy are boosting the economy and the stock market outlook for now, says V. Anantha Nageswaran. More

STOCK MARKETS

Manager-broker nexus must be curbed
THE Securities and Exchange Board of India's (SEBI) concern that some portfolio managers may have an arms-length relationship with stockbrokers needs to be promptly addressed. The capital market regulator should take ... More

LETTERS

First Global Stockbroking clarifies

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