Business Daily from THE HINDU group of publications
Saturday, August 05, 2006
Markets (August 04)
BSE Sensex10866.51(-56.65)
S&P CNX Nifty3176.75 (-13.25)
US Dollar (Buy/Sell)46.62 (-0.08)

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Unspeakable horror
The horrors of the hostilities between Israel and Lebanon daily witnessed on the TV screen leave one benumbed. Both sides are demoniacally targeting civilian populations with all the firepower at their command. The totally unjustified conflict is ... More

Ecology losing to corporates in a big way
Bird watchers fervently hope India Inc will stick to Hemendra Kothari's famous single-line exhort: "A balance has to be struck." More

Let mercy be your mosque, faith your prayer-mat
A report that is `37 minutes' old in Mail & Guardian Online, South Africa, speaks of, " `One of the worst days' in Lebanon." Distressingly, there are `1,618 related stories'. Such as this one on Reuters AlertNet, UK, `19 minutes ... More

Why the standard economist may be the emperor in new clothes
Why too much credence to a version of economics that is often ridiculously at odds with our simple powers of observation, asks Nobel Laureate George A. Akerlof in Explorations in Pragmatic Economics. In Empire of Knowledge, Vinay Lal talks about the culture and plurality of the global economy, and critically examines the role of the West. Right reads to keep this weekend busy, says D. MURALI. More

Wedding gifts
Cash gifts received on occasions that are a prelude to the actual marriage would also be exempt More

GE Shipping sailing stable
After grappling with changed reality, Dalal Street seems to have got some bearing of the new course Great Eastern Shipping is charting. The late night announcement on Wednesday to call off the de-merger proposal surprised the market. Various ... More

Himalya attracts more attention
Trading activity in Himalya International is showing signs of increase as the cheese exporter turns to the domestic market. The stock finished in the green on Friday at the BSE - closing at Rs 17.60 after touching the day's high of Rs 18, with ... More

Profit-booking at higher levels checks bull run

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