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Wednesday, August 20, 2008
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FINANCIAL SCAN: Inflation or terms of trade adjustment?
It is always and only a monetary phenomenon, say economists of conservative and monetary hues about inflation. Their policy prescription is simple. Keep increasing interest rates and constricting liquidity till inflation starts ...

VIEW POINT: Cloud over Bengal
Suddenly, it seems that all the promise of a bright economic future which was in store for West Bengal is about to recede into the background, leaving the State where it was during the past three decades or so. The State government will, of ...

OFFHAND: Ever the whipping boy
Bureaucrats are ever the whipping boys not only in India but even in supposedly advanced countries. The mention of bureaucracy very often conjures up the apparition of a government set-up. This is natural and inevitable: It is with the ...

ON THE HEDGE: Nifty future displays resilience
Most stock futures add long positions. Chennai, Aug. 19 Turnover improved marginally to Rs 43,426.67 crore in the F&O segment on Tuesday against Monday’s turnover of Rs 39,680.22 crore. The Nifty August future closed at 4401 against ...





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Markets (Aug 19)
Nifty (at close)4368.25(-24.80)
US Dollar (Buy/Sell)43.59/60
Brent crude (a bbl) Rs4,784
Gold (a gram) Rs1,075
Silver (a kg) Rs19,725


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ADB World Outlook 2008

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