COLUMNS
OFFHAND
Why not officials also
ELECTIONS to the Central and State legislatures once in five years are a means of affording the people who are sovereign in a democratic polity an opportunity to evaluate the performance of the governments formed by ...
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WIDE CANVAS
Birth pangs of a new regime
ON FRIDAY, the CPI (M) leader, Mr Sitaram Yechury, said that there should be a total ban on disinvestment vis-à-vis the public sector Navratnas and profit-making PSUs and that the Disinvestment ...
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A RINGSIDE VIEW
After politicking, it's time for stocktaking
INVESTMENT officials of the India-registered FIIs had a tough time on the weekend explaining to their overseas clients that free power to Andhra Pradesh farmers might not herald competitive race for subsidies among the States. Large brokerages ...
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MUTUAL CONFIDENCE
Ignoring `expenses' may prove costly
FUND expenses are fast turning into a major issue for many investors, a trend that is likely to become firmer with the passage of time. Mutual funds have to incur certain costs while managing their assets, costs that no investor can afford to ...
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ADR WATCH
Weak undertone
GLOBAL indices continue to trade weak. With the fears of interest rate hikes by the US Federal Reserve mounting, key indices in the US market declined over the week. The Dow Jones industrial average fell 1.01 per cent to 10012.87. The S&P 500 ..
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VISION 2020
PURA: HUDCO opens the door
HUDCO's offer to finance pilot PURAs in a few viable locations is merely crossing the first hurdle. Hopefully, with good infrastructure in place, private ventures will be attracted. For the villages to celebrate, however, they must attract large expo rt businesses. A seed of at least 500 high-value jobs in the export sector will be needed for a PURA to take off, says P. V. Indiresan.
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ERRORS & OMISSIONS EXPECTED
Romance secrets in post office
IN Tagore's The Post Office, Amal wants to be the King's postman when he grew up. "Ha! ha! Postman, indeed! Rain or shine, rich or poor, from house to house delivering letters - that's very great work!" laughs the watchman. That was ...
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RANDOM WALK
Political honesty
Politicians' concern about reputations, not elections, is what keeps them honest.
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MARK TO MARKET
Floaters that cut the risk
ING VYSYA is the latest among mutual funds to launch a product that will invest in floating rate bonds. The product is attractive because it lowers interest rate risks. The problem, however, is that such funds do have ...
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AMERICAN PERISCOPE
The EU grows in size and, hopefully, in influence
ON May Day 2004, the European Union officially welcomed 10 new members. By expanding from 15 to 25, the population of this group has increased from 380 million to 460 million, dwarfing the US size of 290 million. The ...
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