Letters to the editor

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Feb 11 2013, 03:47 IST
cost was cheaper. The power sector is beset with availability of both coal and gas. What is required in proper diagnosis instead of higher doze of medicine. The government must learn from the fertiliser sector, where urea pricing has dissuaded investment in the sector and we are relying more on imports.

MM Gurbaxani

Bangalore

Welcoming IPL

This refers to the Eavesdropper “He Khan do it!” (The Financial Express, February 5). IPL cricket should be welcomed by all. The new format really increases the speed of the game and thereby alleviates any boredom that might take over cricket fans otherwise. Besides, the players have chances of learning new technical things from the new-found version of the game. The hue and cry over the cheerleaders is unnecessary. Truly speaking, cheering the audience is their profession. Importantly, most of the cheerleaders are foreigners, and bad press about them, or hurting them in words and deeds is only going to tarnish our image.

P Senthil Saravana Durai

Mumbai

Credit card fraud

This refers to the report “Global credit card fraud, tagged at $200 million, driven by Indians: US” (The Financial Express, February 6). Banks are also responsible for this fraud, to some extent. Earlier, banks used to issue only ATM cards, then came ATM-cum-debit cards. Now, the option of only-ATM cards has disappeared, and banks are offering the account holders international debit cards, whether one needs it or not. In fact, it has now become quite risky to use these cards at shops. The Reserve Bank of India should take stern action

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