Financial Daily from THE HINDU group of publications
Friday, October 25, 2002
Markets (Oct. 24)
BL 2501016.11 (-7.33)
BSE Sensex2908.05 (-40.91)
S&P CNX Nifty946.90 (-10.45)
Dollar (Buy/Sell)48.35/48.48
Gold Std (10 gm)5130 (-30)

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OPINION

EDITORIAL


Creditable, but...
WHEN IT COMES to recovering monies lent, banks seem to be doing much better on micro-credit deals than in others. A growth rate of 40 per cent last year in such credit and a recovery record of 95 per cent is something that the banks involved in ... More

ECONOMY


Fiscal correction, the Swiss experiment
IN THE mid-1970s, several OECD countries ran up large fiscal deficits leading to rapidly increasing levels of public debt. And, as a result, fiscal deficit as a percentage of GDP of these countries doubled during the following two decades. This ... More

FOREIGN TRADE


Latam, a new haven for Indian trade
India could insulate itself from the rigors of international trade by casting its net wide. Latin America is one such continent, which could come to India's rescue. Because the countries in this continent that mostly trade with the US were also hit b y the world trade slump last year and the WTC attacks ripple effects on the American economy, Latin America is also seeking to source supplies from developing countries such as India as it works to its economic advantage. More

POLITICS


Pervez the proliferator
While the US may find it expedient to slur over Pakistan's nuclear and missile connections with North Korea, neither India nor the US can afford to ignore the long-term implications of missile and nuclear proliferation in India's neighbourhood, says G. Parthasarathy. More

Cry havoc
I must say one cannot help but cultivate a healthy dislike for our political leaders. It is not that they are bad, they are also spineless. Take Big Bal Thackeray. He is the great shining patriot, the protector of the Hindus, our main man ... More

INTERNET


Saving the driver of knowledge era
ONE of the great strengths of the Internet was the freedom it enjoyed from any kind of control from any quarter. From freedom came inspiration to experiment, explore and expand in terms of both scope and content. This, in turn, spurred creativity ... More

TOBACCO


Smoking out Big Tobacco
THE World Health Organisation (WHO) is blowing smoke when it says, as it did on October 14 in Geneva during talks on a global tobacco control treaty, that developing countries must increase taxes on tobacco products because "cheaper tobacco ... More

LETTERS


  • Ganga-Cauvery link
  • Fiscal situation of States
  • Centurion Bank problems
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    Top Stories
    Pervez the proliferator


    Grasim offer: Forum warns SEBI, FIs

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    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Oct. 13-Oct. 19
    Pakistan elections: Testing times ahead

    IMF-World Bank: Search for legitimacy

    India and Asean: Towards enhancing economic partnership

    Vajpayee Government completes three years — The unfinished agenda


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