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Size
doesn’t matter |
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The finance minister, Yashwant
Sinha, has given a dressing down to public sector banks. Without
mincing words, he has asked them to embrace technology if they
are to remain in business. |
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Nothing
sweet about this |
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The government, in a bid to
boost sugar exports, plans to subsidise sugar exporters by covering
their cost of internal transport and freight expenses on export
shipments. |
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TRAI
interfaces with consumer groups |
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India has one of the fastest
growing telecommunications systems in the world with system
size (total connections) growing at an average of more than
20 per cent over the last four years, says a telecom industry
website. |
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FACTUAL:
Saumitra Chaudhuri
Why upturn in stocks is premature |
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Last fortnight I had noted
that “asset prices are going to continue taking a tumble.” But,
in fact, prices have moved up since, and US and European bourses
have actually wiped off much of the losses since September 11.
This just underscores the danger of making unequivocal comments
about equity price movements! |
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EAVESDROPPER:
Juridicality, Indian style |
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The Lok Sabha secretariat
has been burning the midnight oil lately, collecting details
of India’s practical experiences in “juridical and corporate
insurance”. ‘Juridical’ as the word suggests has to do with
courts — more specifically, it means something “used in courts
of justice”. |
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VIEWPOINT:
Ardhendu Sen
Complacency on oil prices should not go on for long
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The first of the missile showers
over Kabul did not bring any relief to oil producers. Brent,
which closed at $21 and 5 cents a barrel on October 5, 2001,
was at $20 and 50 cents on October 9. Oil traders are obviously
not expecting any disruption in oil supply on account of the
war in Afghanistan. |
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TAKING
STOCK: Rashmi Das
Delay in new buy-back norms stirs a controversy |
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More than a month after the
terrorist attacks in the United States and half a dozen statements
made by two Cabinet ministers, the amendments relaxing share
buyback norms are yet to see the light of the day. |
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SPOTLIGHT:
N Madhavan
Countries rethink strategies as euro switchover blues rise |
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Proponents of the European
Union are eagerly awaiting the launch of euro—the common currency.
Not because it furthers the integration process by way of monetary
union but more for generating that badly needed emotional bonding
to catalyse European nationalism. |
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GREEN
LANE: Shikha Chadha
Bajaj Tempo goes on overdrive to conform to emission norms
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Auto majors seem to be getting
serious about emission norms. Bajaj Tempo Ltd is conducting
nationwide training exercises as part of its ongoing endeavour
to provide training skills in maintaining high technology aggregates
such as Euro II engines, high efficiency gear boxes, etc. |
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COMMENT:
R K Roy
Economics, war and peace, and the US vision |
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Year one of the 21st
century has started with a challenge to policy orthodoxy in
the capitalist haven, the United States. President George W
Bush has opted for lower taxes and, hold your breath, deficit
spending in support of public expenditure. |
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