The Hindu Business Line : Friday, February 07, 2003

Rating effect
IT IS DIFFICULT to feel euphoric about the rating upgrade that Moody's has chosen to confer on foreign currency deposits of Indian banking institutions now, as also the sovereign foreign debt rating earlier. Despite the latest upgrade, Indian ... More

POLITICS

Powell's spiel
THOSE who watched the US Secretary of State, Mr Colin Powell, present to the members of the UN Security Council on February 5 the case for a "regime change'' in Iraq would have had nothing but admiration for the splendid job he made of it. For ... More

WATER

Bund that doesn't hold much water
A UNIQUE feature about the Vaigai — which passes through Madurai, Sivaganga and Ramanathapuram (popularly known as Ramnad) districts in Tamil Nadu — is that unlike other rivers it does not flow directly into the sea. The river ... More

TERRORISM

ISI gadgets
AS DANGEROUS as it is to India, I am quite fascinated by the ISI. From reading newspaper reports on some of its antics, I get the feeling there is a James Bond-ish element lurking below its murderous exterior. I imagine it must have an eccentric ... More

EDUCATION

IITs: Invaluable institutions
Great institutions are not planned, they just happen. So with the IITs. Even the most trenchant critic of IITs would concede that academically, they are the best. Have they served the country well? On balance, yes. It is because of the IITs that Indi a has made the mark it has in a number of areas, especially software. On their golden jubilee year, P. V. Indiresan chronicles the setting up of the IITs and explains why they are great. More

BANKING

Gauging vulnerability in banks
THE honeymoon for banks is not yet over. They continue to reap benefits in the government securities (G-Sec) market. But how long will this go on? Are all banks in the same rut or are some working on more prudential lines? To know more about the ... More

LETTERS

Interest on savings

HPCL divestment

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