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ON THE MOVE: Global shipping: Drifting into recession?
Is world shipping heading for recession? It is too early to predict anything firmly at this moment but the indications appear ominous. And traditionally, as everyone knows, shipping has been the leading ...

S VENKITARAMANAN: ‘India’s Turn’: An optimist’s view
Dr Arvind Subramanian, a well-known US-based Indian economist, has published a thought-provoking book on India’s macroeconomic developments. Dr Subramanian is a Senior Research Fellow of the Peterson Institute for International Affairs in ...

A RINGSIDE VIEW: Market likely to move in a tight band
Global markets could set the short-term direction. When you sense that the market is going to be range-bound for some time, you have a dilemma. But when the fundamental economic indicators turn wobbly, then your dilemma is compounded. To top ...

ADR WATCH: Most counters end on weak note
Tech majors lose momentum despite weak rupee. As financial stocks come back to haunt the US markets, all the three major indices – the S&P-500, the Nasdaq and the Dow Jones Industrial Average – fell. The S&P 500 slipped 0.5 ...

EUROSCAPE: Innovation wave sweeps Europe
British writer, T.S. Eliot, once said: “Only those who will risk going too far can possibly find out how far one can go.” This is true of most advanced nations of Europe — all aiming far above the ground and gazing with colossal ...

WIDE CANVAS: Which way, West Bengal?
Ratan Tata’s message to the people of the State regarding the Nano plant in Singur and its future is important because he raises issues that are at the heart of the problem and that underscore the huge opportunity cost staring the State ...

RANDOM WALK: A toast to the coast
Recent events seem to indicate that the Kerala Government is taking an extra interest in development of its coastal regions. Close on the heels of the announcement of clearance from the Defence Ministry for the transhipment terminal at ...

OFFHAND: Tata’s threat
If at all there is a case of investment going sour, one need not go farther than Tata’s small car plant in Singur in West Bengal to find it. From the very inception, its location on 1,000 acres of acquired land had provoked violent ...





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Markets (Aug 22)
Nifty (at close)4327.45(+43.60)
US Dollar (Buy/Sell)43.43/44
Brent crude (a bbl) Rs5,196
Gold (a gram) Rs1,115
Silver (a kg) Rs20,940


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