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Our Rising Forex Reserves

Time was when every increase in our foreign exchange reserves received unalloyed welcome. Not so, in recent times ?? all…

Danger Signals Over PSU Disinvestment

Disinvestment minister Arun Shourie bought his government much needed credibility by setting a spanking pace for the disinvestment of Public…

Return Of Margin Trading?

There are many persuasive arguments to back the lobbying to permit margin trading. They are: it will impart more liquidity…

Collecting For Tomorrow

Collecting art with a proper eye to investment is not an easy task. It certainly cannot be learnt from scouring…

Sinners And The Sinned Against

My last column on the rather callous manner in which Pepsi and Coke have their logos painted on ancient geological…

Limitations Of Interest Rate Cuts

On 13 August, the US Federal Reserve, contrary to expectations, kept the federal fund rate unchanged at 1.75 per cent.…

Past Is The Key To The Future

There was flutter among members of the National Stock Exchange last week at the circulation of an information memorandum by…

New Wine In Old Bottles

The ancient Indian theorising on aesthetics is centred around the individual psyche. This is not surprising; it counterbalances the categories…

India And Its Diaspora

During the dotcom bubble and pre-Enron euphoria, you couldn?t find an international journal which did not carry glowing reports on…

Learning To Let Go

Much has been said about the fact that the time is now right for the biggest and the best of…

The Ad That Avoids Core Issues

If only advertisements with selective answers to inconvenient charges could settle controversies. On Saturday morning, all business papers carried a…

Awash In The Oil Slick

As August rains slake the earth in northern and central India, the polity of this 55-year old republic seems determined…