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Friday, July 2, 1999

Fed dilemma
The US Federal Reserve's raising the Federal funds rate by 25 basis points has had little effect on US stock markets.

Season of growth
An upward revision of GDP growth estimate for 1998-99 was on the cards once it became clear that agricultural output, led by the bumper foodgrain harvest in rabi, had turned out to be better than expected.

Corporate India needs a change in the mindset to be world-class
Is the Indian industry well-equipped to take on the challenges? What are the road blocks? How do we overcome them and make Indian companies truly world class? Towards this, one could centre around the debate on a 3P formula - products, processes and people.



  The Index
  Inflation of the US `bubble' continues
  Infrastructure-financing will spur economic growth



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