![]() Financial Daily from THE HINDU group of publications Wednesday, February 06, 2002 |
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COLUMNS OFFHAND Inter-faith harmony IN THE wake of the series of gruesome terrorist attacks in the US and India, there has been a kindling of interest in the precepts of Islam, in general, and the teachings of the Koran, in particular. Reportedly, there has been a spectacular spurt ... More FINANCIAL SCAN Supply-side stimulus fails to trigger economic take-off THE supply-siders are throwing in the towel. Recently, one of their leading lights, the former Finance Minister, Mr P. Chidambaram, declared that the low rate of inflation was nothing to be happy about, as it was reflective of the weak demand and ... More ACADEMIC ANGLE For a return to fiscal austerity A wise Finance Minister should not err on the side of excessive optimism, so far as Budget estimates are concerned. Normally, it would be better for him if events turn out to be more favourable than his projections. Economic forces do not depend on t he state of expectations of political leaders. However, the time is ripe to put the finances of Central and State governments on a fiscal emergency basis. Otherwise the growing fiscal and revenue deficits now at the State level will lead to an intole rable and uncontrollable situation in the country's finances. More TECH-SCAN Managing hazardous wastes Do not, under any circumstances, allow yourselves to copy exactly what the US has done. The US is an extremely litigious society and the regulatory agencies know that they have balanced the conflicting political objectives of the industrial ... More EAR TO THE GROUND Mascot up on corporate news? THE stock of IT firm Mascot Systems is riding high these days. Market sources reckon that a major corporate development is expected to be announced shortly. However, no details are available. The share price of Mascot Systems is moving up in the ... More ON THE HEDGE Selling Satyam 260 calls may pay ON the second trading day of the week the option market for individual stocks at the NSE saw most of the calls losing value. The top traded equity options were on Satyam Computers, Reliance Petroleum and Sterlite Opticals among others. As ... More SENSOR MNC pharma cos, IBP sizzle in dull trade The upbeat mood on most of the public sector stocks was more or less offset by a slump in index heavyweights Reliance Industries and Reliance Petroleum. Both together constitute about 17 per cent of the Sensex. More Comments & Letters to the Editor to: bleditor@thehindu.co.in |
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