Financial Daily from THE HINDU group of publications
Saturday, October 05, 2002
Markets (Oct. 4)
BL 2501005.39 (+0.36)
BSE Sensex2930.51 (-7.55)
S&P CNX Nifty948.20 (0)
Dollar (Buy/Sell)48.32/48.45
Gold Std (10 gm)5280 (-30)

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The Italian connection
THERE is somebody like Mr Jaswant Singh in Italy, its Prime Minister, Mr Silvio Berlusconi. He engaged his Cabinet in an all-night meeting to hammer out more than seven billion euros in income-tax cuts, that would largely benefit those earning ... More

ECONOMY - A PERSPECTIVE


CSO estimates — No cause for cheer
The CSO figures on GDP growth have generated considerable optimism about the state of the economy. But P. R. Brahmananda, is not convinced, and explains why there is no real cause for excitement. More

VIEW POINT


October 2 and all that
THERE was a time when Gandhi Jayanti, on October 2, was observed in the country as a day of rededication to the teachings and ideals of the Mahatma. Admittedly, the day is still observed as such, but the difference is that, today, it has become ... More

E-DIMENSION


Power shift in the poverty net
EVEN AS politicians hanker after power universally, regulators ask for toothy power while allowing their old tools to rust, people lament about power-tariffs that always tend to climb, courts and dictators debate the power-equations in a ... More

SAY CHEEK


A folio for Gandhiji
SCORES of hours have elapsed since flower petals were showered on statues of the Father of the Nation and civic workers are busily removing the scaffolds and platforms. Many gave messages, but in all probability, with what has happened to ... More

ON MINT STREET


Banks' incentive regime needed for food credit
SHOULD food credit form part of total credit advances to agriculture? Some bankers say yes. Food credit is mandatory and there is no way the nationalised banks can get away. It goes to fund the procurement operations of the Food Corporation of ... More

ALL LAW


Spare the parts `n' spoil the `split'
IF your split AC is spewing out hot air, it could be because of a recent change in Excise law. Notification No 50 /2002 dated Sep 25, 2002 has redefined "parts of air-conditioning machines" to exclude therefrom "condensing units and cooling units ... More

INDIA INTERIOR


A craft struggles to survive — Amid the sights and sounds of Sawantwadi
FIVE red-tiled roof shops in Chitarli gully and Sawantwadi Lacquerwares run by Rani Satvashiladevi Bhonsle in Sawantwadi town in the Konkan region of Maharashtra are together trying to keep going the famed Sawantwadi woodcraft tradition. The ... More

EAR TO THE GROUND


FII selling in Reliance
SINCE the announcement of the consolidated financial results of Reliance Industries with Reliance Petroleum, the stock has been on the downslide. This week, the petrochemical major has fallen by over Rs 20. The slide in the stock price has been ... More

ON THE HEDGE


Positive outlook on Sterlite Opticals
THE following are some buy/sell strategies based on Friday's trading in the derivatives segment at the NSE: Equity options Sterlite Opticals: The immediate outlook on this stock appears positive. The price projection on the ... More

SENSOR


Select tech stocks sizzle in dull market
THE BSE Sensex continued its relentless decline for the fourth day of the truncated week to close at 2930.51 points. The start of the earnings season appears to have firmed up only a few key software stocks such as Infosys Technologies and ... More
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