THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Wednesday, April 25, 2001

• AGRI-BUSINESS
• COMMODITIES
• CORPORATE
• INFO-TECH
• LETTERS
• LOGISTICS
• MACRO ECONOMY
• MARKETS
• NEWS
• OPINION
• VARIETY
• EWORLD

• INFO-TECH
• CATALYST
• INVESTMENT WORLD
• MONEY & BANKING
• LOGISTICS

• PAGE ONE
• INDEX
• HOME

 
Letters

Economy
Reluctant RBI
In `How realistic are the projections?' (Business Line, April 20) the author has pointed out that import surge, oil price increase, recessionary conditions abroad etc., could upset the calculations. Similarly, reduction in interest rates should, in the n ormal course, help real investment to increase the rate of industrial growth.

Politics
Irresponsible Parliament?
The non-functioning of Parliament is unparliamentary in a democracy. Let the ``no work, no pay, no allowances'' formula be applied in the case of parliamentarians, as they are wasting more than Rs 2 crore a day and causing loss to the exchequer without c arrying out Parliament's business in one of the largest democracies.

Stocks
Market capitalisation
I fully endorse the views in the article ``Bulls, bears and wealth'' (Business Line, April 5), about the undue importance given to market capitalisation of shares.


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