All the right moves, but...
Two notifications issued by the Department of Company Affairs (DCA) this week are of immense significance for Indian investors. The first allows companies to issue shares with differential voting rights and dividend entitlement and fulfills a long pending demand of the corporate sector.

Triumph amidst mediocrity
Individuals matter more than objective forces in making history. This truth was evident when India triumphed 2-1 over the Australians in the Pepsi Test series. Who were the architects of this epic victory? None other than the Jalandhar-born spinner, Harbhajan Singh, and Hyderabad's, VVS Laxman.

Worse than expected?
For the third time since January, the US Federal Reserve has cut its rate by half a percentage point, bringing it down to 5 per cent. This has prompted several US commercial banks to also cut their prime lending rates by the same.

After the Chemical Weapons Convention
The Chemical Weapons Convention (CWC) was negotiated, in its final phase, in 1992, approved by the UN General Assembly the same year and opened for signature the following year.

Corrupt follows corrupt in our land
Tehelka has shaken the soft and pudgy underbelly of the state which, in turn, has hit back with the usual predictable retorts. Charges and counter-charges are flying thick and fast across this land and the people are beginning to view the pathetic scene with amusement as well as disgust.