The Hindu Business Line : Monday, February 24, 2003

Report card
THE Mayor of New York, Mr Michael R. Bloomberg, has gone ahead and done something which, one can be sure, would not endear him to elected officials not only in his own country but the world over. He has published a report card on his performance ... More

ON THE MOVE

Crude transhipment — Rate war ahoy on east coast
A BATTLE royal appears to have started among the east coast ports of Kolkata, Paradip, Kakinada and Visakhapatnam to grab as much of the the transhipment crude traffic. The authorities of all these ports are, therefore, wooing both Indian Oil ... More

A RINGSIDE VIEW

Select sectors may attract attention in a crucial week
IT is now quite clear that missiles, if at all, will hit the Iraqi targets only after Mr Jaswant Singh presents his Budget proposals in Parliament on February 28. For the domestic stock market, this translates into a week's freedom from the war ... More

MUTUAL CONFIDENCE

Funds lack direction; await signal
INVESTORS in debt funds have found themselves in a volatile situation in recent weeks, and there is no indication that the volatility faced by them will end quickly. However, the last few days were comparatively easy and funds have managed to ... More

ADR WATCH

HDFC Bank, ICICI Bank maintain upward trend
NOTWITHSTANDING the threat of the US-led war over Iraq, the US stocks rose for the second consecutive week, as investors seemed to have faith on economy. The Standard & Poor's 500 Index posted a weekly gain of 1.6 per cent to close the last week ... More

HEALTH-SCAN

A scope to avoid the cut
IN AN obstetrician's clinic, in the government or private sector, roughly 10 per cent of the patients come seeking treatment for excessive or abnormal menstrual bleeding. For a good percentage of women over 40, who complain of abnormal bleeding ... More

FOCUS

Fourth quarter to be turning point for SAIL
BY all indications, the current quarter should mark a turning point for Steel Authority of India Ltd. The figures for the immediate past quarter and cumulative for the preceding three do suggest that SAIL is geared to live down the stigma of a ... More

VISION 2020

Vision 2020 — Budget: For a new operating paradigm
Budget should address broad macroeconomic issues. But in all democracies, political pressures reduce it to mostly clerical microeconomic exercises targeting minute sections. The success of the coming Budget will depend on how well it shifts the empha sis from microeconomics to macroeconomics, says P. V. Indiresan. More

STOCKS TO WATCH

Banking on the divident cut
The much-anticipated pre-Budget rally has turned out to be elusive till date. It remains to be seen if the Budget expectations could spark buying interest in the final stretch leading upto the Budget. The much-expected removal of dividend tax ... More

TECHNICAL ANALYSIS

Cotton prices may move down
NYCE cotton futures closed higher on Friday mainly due to constructive weekly export sales report, record widespreads and the disposition of March cotton before deliveries start. Switching on the last day before first notice day on Monday ... More

AMERICAN PERISCOPE

Outsourcing requires controls
IBM ANNOUNCED last week the receipt of a major outsourcing contract from Visteon Corporation. Under this contract, IBM will takeover and run most of the computer operations of Visteon, a manufacturer of auto parts which includes data centres and ... More

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