Financial Daily from THE HINDU group of publications
Wednesday, February 27, 2002
Markets (Feb. 26)
BL 2501146.75 (+25.56)
BSE Sensex3712.74 (+99.23)
S&P CNX Nifty1189.40 (+23.95)
Dollar (Buy/Sell)48.67/48.85
Gold Std (10 gm)4900

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OPINION

EDITORIAL


Driven, at last, by commerce
LAST YEAR MS Mamata Banerjee, the politician, saw the 13 million people who use the train each day as voters — a community to be wooed, not taxed. Her successor, Mr Nitish Kumar, has betrayed no such vested interest. He has gone by ... More

BUDGET


Good luck, Finance Minister!
With recessionary conditions, a glut in the market, fewer takers for industrial and white goods, and even less demand for farm commodities, the Finance Minister is a much harried man. Forced to keep both the fiscal deficit and the rate of inflation w ithin strict limits, and increase investment in infrastructure areas, Mr Sinha needs to turn unpleasant to chart a way out of the crisis. Will he dare to? More

POLITICS


Will the West Asia peace plan work?
CROWN Prince Abdallah of Saudi Arabia's wise proposal for reconciliation between Arabs and Israel serves a two-fold purpose. It is a belated reminder that the Palestinians are not alone in their suffering. It also calls the bluff of an Israel ... More

RAILWAY BUDGET


Good, yet far from re-inventing itself
THIS RAILWAY Budget is a significant improvement over the previous editions, though when benchmarked with what it ought to have been — that is, a radical step towards `reinventing' the behemoth — it is found wanting. The Indian ... More

Back on the right track?
MR NITISH Kumar has done it at last! In his own inimitable way he has laid down the ground rules for taking up new projects and in the process put the brakes on the financial profligacy that has marked the Railway Budget of his predecessors ... More

LABOUR REFORMS


End pampering
AT LONG last, the Government has decided to take the labour bull by its horns: It has decided to amend the Industrial Disputes Act, passed 55 years ago, and bring it in tune with present circumstances and requirements. Companies employing 1,000 ... More

LETTERS


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