The Hindu Business Line : Monday, June 16, 2003

Keep off Iraq!
INDIA IS wisely buying time to decide whether or not to send troops to Iraq. The issue certainly needs to be approached with the greatest caution. Finding itself in a mess in the country which it has annexed under false pretences, the US is ... More

WIDE CANVAS

WTO moves on market access
Since market access is one of the main instruments which the poor world can use to prise open the markets of the developed countries, there is little doubt that some very hard bargaining will be witnessed in the weeks ahead between the opposing camps . Clearly, the issue of `reciprocity' will be exploited to the hilt by the rich economies to extract their pound of flesh for any concessions they are forced to make on this front. More

A RINGSIDE VIEW

After upbeat weeks...
Market lacks direction; may witness correction
The utterances about an on-coming bull rally are slightly more strident this week, as money flow remains healthy. And so is the newfound love for equity and risk. The FIIs made net positive investment of Rs 423.20 crore. More

MUTUAL CONFIDENCE

MFs flooded with corporate funds
This year's crop of annual reports, currently being sent to shareholders all over the country, again underline the extensive use of mutual funds by corporates. Their performance statements, in fact, are replete with indications that funds are ... More

ADR WATCH

Dr. Reddy's, HDFC Bank at new highs
Sentiment turned weak for the US markets last Friday after reports that the University of Michigan index of consumer confidence had dropped; confidence is viewed as a precursor to consumer spending, which drives two-third of the US economy. ... More

VISION 2020

Trade unions: Retaining their relevance
By their own commissions and omissions, trade unions have become unimportant. For a fresh lease of life, they must change tack, by promoting productivity and not seeking free lunches. Instead of wage increases, they must seek better amenities, says < B>P. V. Indiresan. More

STOCKS TO WATCH

SBI: On result hopes
State Bank of India: After a sharp run up in the recent weeks, the share price of the company has remained subdued in the past few days. The share price of quite a few banking companies have taken a knock and SBI has not been an exception. ... More

RANDOM WALK

Mining for controversy
Mr Sudheeran's voice cannot be ignored. If he feels that the mineral sand-mining issue is a fit case for a judicial inquiry, that is a sufficiently serious allegation for the UDF to take note of. More

TECHNICAL ANALYSIS

NY cotton may head lower
NYCE cotton futures ended slightly lower on Friday on lack of follow-through buying and profit-taking in the market after a spectacular recovery in prices reaching a six-week high. Cotton futures had hit a six-week high after a surprisingly ... More

AMERICAN PERISCOPE

Frauds unlimited
WORLDCOM Inc. and Enron made banner headlines last year when the accounting frauds their senior executives had committed began to unravel slowly. WorldCom, a telecommunications firm, first announced that it had made financial misstatements to the ... More

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