Financial Daily from THE HINDU group of publications
Monday, June 13, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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OFFHAND


At long last
WELCOME news from Shimla! The Conference of State Law Ministers has set the ball rolling for establishing a National Judicial Council. On all accounts, this is a landmark event in the country's history which may be a trend-setter even for other ... More

WIDE CANVAS


Inequity reigns at the UN
At one level, the putting off of the insistence on being given full veto powers may appear to an act of sacrifice in the interests of reforming the present shape of the UN Security Council. At another, it really means a big zero because the actual "p ower content" of the Security Council would remain the same. More

A RINGSIDE VIEW


Monsoon to decide market direction
THE issue of Ambani brothers was back to the fore on the bourses with Reliance group stocks hogging the limelight last week. But the clarification from Reliance Industries put the bulls on the backstage for the time being. There seems to be a ... More

MUTUAL CONFIDENCE


Corporates lured by MFs
THE latest annual reports of many companies are out and a quick look at a cross-section of these statutory statements reveals once again how the corporate sector has been using mutual funds to their advantage. Treasury managers all over the ... More

ADR WATCH


VSNL, banking counters firm
IT was a mixed week for the US equities; the Dow Jones Industrial Average and the S&P-500 gained even as the tech-heavy Nasdaq slipped. The US Federal Reserve Chairman, Mr Alan Greenspan's announcement that inflation remains contained and the .. More

VISION 2020


Needed, a National Management Service
If the Government is serious about the Millennium Development Goals, it should shift from emphasis on administering rules to managing objectives. It should provide freedom to individual officials, however limited, to experiment. Above all, it must ge t away from the obsession about rules; the rule must be the servant not the master. Every official should have the right to ignore a rule if that promises better results, ssays P. V. Indiresan. More

ERRORS & OMISSIONS EXPECTED


Betting on a betting law
IN Encarta bookie appears after Booker Prize and means a bookmaker, that is, somebody who takes bets and pays out money to people who win. A few bookies have been in the news for stating they got tips from former test cricketers, evoking ... More

RANDOM WALK


Trawl ban: A Kerala example
WHEN the midnight hour strikes tomorrow, a deathly silence will fall over the fishing harbours and fish landing centres along the coast of Kerala as around 5,000 trawlers remain moored to their berths to last out the annual 45-day monsoon ban on ... More

CHAT


Nobody ever lost money taking a profit
Sridevi was lost in the glamorous IIFA news, and Jogin hunted out stories on Pataudi. Dakshinamoorthy tried a new yogaasan that somebody said could fetch more money, but Khan drew them all for the weekly market chat. Join the gappa! Kay: ... More

AMERICAN PERISCOPE


The European Union: A time for introspection
WHEN the public expresses its opinion through a ballot (whether at an election or a referendum), the result is usually clear although its meaning sometimes isn't. The two referendums that took place in Europe last week delivered unequivocal ... More


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In Depth

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