The Hindu Business Line : Monday, September 22, 2003

Useles jaunts
IT WAS an ugly surprise for me to notice the presence of the Governor of the Reserve Bank of India, Dr Y. V. Reddy, at a meeting of the Inter-Governmental Group of Twenty-Four on International Monetary Affairs and ... More

WIDE CANVAS

Cancun and its aftermath
The developed economies will not make the extra sacrifice not merely because it is not in their nature to hurt their domestic industry and farm lobbies beyond a point, but because their hackles have been raised by the success of the developing countr ies at Cancun, where the economic underdogs became bold enough to challenge the critical domestic support parameters of various kinds on which the rich continue to feed to maintain their economic pre-eminence. This is the basic message sent to the wo rld at large. More

ON THE MOVE

Hope, again, for coastal shipping
Coastal shipping is not growing as it should in India because the absence of basic infrastructure — terminals, connecting roads, easy cargo clearance procedure, and so on — makes it unviable. A TCS study on the potential of coastal shipp ing will hopefully help change the status quo. More

A RINGSIDE VIEW

Another volatile week likely
According to Mr Abhay Aima, a market analyst, the market was likely to take in its stride the kind of choppiness witnessed last week caused largely by the political factor. More

MUTUAL CONFIDENCE

Be cautious in equity funds
NET asset values of equity funds tossed and turned for nearly the whole of last week following major volatility in the stock markets. The Supreme Court's decision on key oil PSUs led to a significant decline in the indices, which later managed to ... More

GLOBAL MONITOR

Gold strong on renewed fund buying
GOLD enjoyed a strong week with prices bouncing around $375 an ounce for much of the week, until finally coming under renewed fund buying interest late on Friday in New York taking prices back above $380/oz again testing resistance at $383.30/oz. ... More

ADR WATCH

Infy, Satyam in limelight
THANKS to the Federal Reserve decision to keep the benchmark indices interest rates at 45-year lows, the US stocks rose for the week pinning hopes on growing economy, lifting the Standard & Poor's 500 Index to its biggest gain in more than three ... More

VISION 2020

Politicians and real issues
Politicians believe that they will prosper forever by targeting outdated issues such as reservation. What they have not realised is that election gimmicks yield fruit only once. However, they are not solely to blame. Those who parade as pro-poor inte llectuals are the true culprits, says P. V. Indiresan. More

ERRORS & OMISSIONS EXPECTED

The disconnect drama in the Dishnet world
TYPE www.ddsl.net to access the site of DishnetDSL Ltd and you would be in for a cyber assault onscreen, with boxes that open in quick succession, as if you were clicking a porn site. `Attention Customers' ... More

RANDOM WALK

Accidentally notorious
Accidents, like other diseases, are influenced by the society and culture of a country, for example, if corruption makes it easier for people to get a driver's licence. More

MARK TO MARKET

Funds need to disclose unit-holders' composition
SEBI has expressed concern that certain mutual fund schemes have too few unit-holders. The capital market regulator's concern is that such plans are essentially portfolio management schemes (PMS) guised as mutual funds. ... More

AMERICAN PERISCOPE

Real software of the workplace
WORK scheduling in retail businesses can create a lot of heartburn for both the manager and the employee. The manager would like to maximise efficiency by making full use of the employees' time in deciding who will do ... More

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