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Monday, January 26, 2004

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OFFHAND
Tragedy at Srirangam
THE tragedy at Srirangam, near Tiruchirapalli in Tamil Nadu, is too horrendous for words. That it should occur on the auspicious occasion of a marriage, with all guests assembled in a joyous frame of mind, makes it all ... More

ON THE MOVE
Right time to put in place tonnage tax structure
INDIAN ship owners may not be ardent supporters of the BJP-led ruling National Democratic Alliance (NDA) at the Centre. But they want the NDA back in power. Their stakes are high. Over the past three-four years ship ... More

A RINGSIDE VIEW
Back to normalcy this week?
THE stock market is not a domesticated animal for a regulator, neither it is a football, ready to be played around by political players. Experience of the last couple of weeks underlined these home truths in purple. The Securities and Exchange ... More

MUTUAL CONFIDENCE
Making a case for tax-saving funds
HERE'S your chance to look at tax-saving funds once again, now that the financial year is fast drawing to a close. With a couple of months still left, you may consider an investment in what are officially called equity-linked savings schemes ... More

ADR WATCH
Divergent trend
"AND all fall down". Not a nursery rhyme but that is what most indices did the past week. The Nasdaq composite index fell for the first time in seven weeks; this index gets 42 per cent of its value from computer-related stocks. Concern ... More

VISION 2020
Some risks need to be taken
In a well-ordered polity, administrators avoid risks and politicians grab every opportunity to advance. Left to administrators alone, the country will never win; left to politicians alone, the country will lurch from one misadventure to another. It i s only when the talent and aptitude of both politicians and administrators are combined that the nation can make steady progress, says P.V. Indiresan. More

ERRORS & OMISSIONS EXPECTED
Is there poetry in the Constitution?
IF you are getting bored at home on Republic Day, after having sat through the live coverage of parade and so on, you can try a simple exercise: A mini survey, that is. No weighty questions, such as whether India has progressed according to ... More

RANDOM WALK
Water, water, everywhere
NOR any drop to drink, as the poet Samuel Taylor Coleridge wrote in The Ancient Mariner. Closer home in Kerala, in Plachimada in Palakkad district, poets of a more contemporary era rubbed shoulders with writers, farmers, villagers and ... More

MARK TO MARKET
Importance of the FIIs
THE sharp decline in asset prices last week was primarily attributed to selling by Foreign Institutional Investors. The trading statistics, however, show that the FIIs bought stocks when the market declined. On January ... More

AMERICAN PERISCOPE
Facing up to risk of terrorism
THE Academy of International Business, a US-based body of academics in the field of international business, was scheduled to hold its annual meeting in Istanbul, Turkey, during July 10-14, 2004. And, then, terrorism ... More




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