Uncertain scenario
The UN's economic and social survey of Asia and Pacific region puts India on a rising growth path with the GDP growth rate forecast to rise to 6.8% in 1999-2000, 7.3% in 2000-2001 and 7.5% in 2001-2002.

A strategic launch
India's launch of the Agni-2 has been greeted with applause across the political spectrum. With good reason. The present unipolar world, and the manner in which the West has been ignoring the international community.

Managing interest rate risk of a bank
Interest rate risk is the exposure of a bank's financial condition to adverse movements in interest rates. Hardly any financial intermediation is possible without assuming interest rate risk, but excessive interest rate risk can pose a significant threat to a bank's earning.

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