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Monday, February 16, 2004

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OFFHAND
Election planks
IN preparation for the election to the Lok Sabha, political parties must be working out the main thrusts of their campaign to woo the electorate. They must have realised that they cannot fool all the voters all the time ... More

GLOBAL FINANCE & OVERVIEW
Has global growth peaked?
Starting from the US jobs numbers, the huge US budget deficit, the slower growth of German and Italian economies, the stagnation of the Japanaese stock market to the unexpected production cuts by OPEC, all suggest that the global economic cycle may h ave reached its zenith, says V. Anantha Nageswaran. More

WIDE CANVAS
Row over battery imports
With Bangladesh approaching the WTO on the imposition by India of anti-dumping duties on imports of lead acid batteries, there is the possibility of the dispute going to the WTO dispute settlement mechanism, which will witness one more battle between the developing and less-developed world, perhaps much to the satisfaction of the developed economies which would, at any time, prefer a division-wracked poor world, making their continued dominance over the international economy a trifle easier. More

ON THE MOVE
ISPS is no real solace
Shipping's voluminous and far-flung cargo traffic would seem to provide aspiring terrorists with the most inviting window of opportunity. Where is the money to enforce the grandiose security plans to be needed to combat such a threat? More

A RINGSIDE VIEW
At 6K, Dalal Street at crossroads
This week, there is apparently no reason for market to develop fresh weakness, except to let a technical correction to happen. However, the average mindset does not seem to favour to increase the risk appetite dramatically. More

MUTUAL CONFIDENCE
Consolidation is order of the day
Funds are chasing assets very aggressively, a quest that seems to be driving them towards further consolidation. More

ADR WATCH
Narrow movement
THE US markets suffered a setback on last Friday after the index of consumer confidence declined sharper than analysts predicted. The benchmarks, however, finished last week in positive territory albeit with minor gains. While the S&P 500 and .. More

ERRORS & OMISSIONS EXPECTED
There could be a bait in the black box
Those who have read Dr Kalam's works would have noticed how he argues for open source software in fields such as defence where we cannot afford to have something running inside that we don't know fully. More

MARK TO MARKET
Book-building: Information better than floor price
THE PRIMARY market is likely to see several public offers in the next few months. Investor enthusiasm for such offers is very high and not without reason. Primary offers have given handsome returns to investors. ... More




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