Business Daily from THE HINDU group of publications
Tuesday, February 26, 2008
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Markets (Feb. 25)
BSE Sensex17650.57 (+301.50)
S&P CNX Nifty5200.70 (+89.95)
US Dollar40.02 (+0.02)


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OPINION

EDITORIAL
Power play
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BUDGET
Will it be a ‘please-all’ Budget ?
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INFRASTRUCTURE
Time to give SEZs a break
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PETROLEUM
Oil prices and the dollar
The depreciation of the US dollar has been closely bound up with the movement of oil prices, as world oil trade is typically denominated in dollars. Yet this relationship may now be under threat as the dollar continues to depreciate and the US econom y tips into recession. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine how oil prices have changed with different numeraires, and consider the implications for the future of the oil-dol lar nexus. More

POLITICS
Will democracy work in Pakistan?
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LETTERS

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