The Financial Express
 
 
 
 

 

 
   EDITORIALS
Monday, October 15, 2001 
Size doesn’t matter
  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.
Nothing sweet about this
  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.
TRAI interfaces with consumer groups
  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.
FACTUAL: Saumitra Chaudhuri
Why upturn in stocks is premature
  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!
EAVESDROPPER: Juridicality, Indian style
  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”.

   ANALYSIS
VIEWPOINT: Ardhendu Sen
Complacency on oil prices should not go on for long
  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.
TAKING STOCK: Rashmi Das
Delay in new buy-back norms stirs a controversy
  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.
SPOTLIGHT: N Madhavan
Countries rethink strategies as euro switchover blues rise
  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.
GREEN LANE: Shikha Chadha
Bajaj Tempo goes on overdrive to conform to emission norms
  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.
COMMENT: R K Roy
Economics, war and peace, and the US vision
  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.
 
   
 
About Us | Advertise With Us | Privacy Policy | Feedback
© 2001: Indian Express Newspapers (Bombay) Ltd. All rights reserved throughout the world.