Watchtower -- Steel slowly losing its strength
The official claim of a 10 per cent industrial growth, last year, would, in normal circumstances, appear hollow, if the domestic steel sector's performance was any indicator. The level of steel consumption is generally linked with a country's economic and industrial growth.
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Highways: drive with caution
The Cabinet Committee on Infrastructure has approved major tax breaks that are expected to open floodgates. But most of that flood will be of foreign money. Nearly a third of finance is expected to come from commercial money.
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Crime and punishment at SBI
The threat by State Bank officers to go on a natiowide strike should prompt officialdom to do a rethink on two issues, one agianst taking action against the official and to allow one public sector bank to have such a unhealthy influence on the country's financial sector.
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