The Financial Express -- Expressions

This page contains Editorial and Op-Ed articles

Friday, July 18 1997

Letters to the Editor

Who is afraid of El Nino?

The El Nino scare sweeping across a number of countries has had a minor effect on Indian analysts -- thankfully so, because the impact will not be as substantial as some may suggest. The country can ill-afford to play around with scares that have little basis in a sensitive commodities market, especially in foodgrain.

Picking missing links in finance

The Investment Information & Credit Rating Agency, in its latest bulletin "Money & Finance" has published a vital study by Mihir Rakshit entitled "Recent Monetary Trends: Understanding the linkages", which examines the nature of and factors behind some of the paradoxical features of recent monetary trends.

Monthly economy report: future tense

The most recent Union finance ministry's Monthly Economic Report (July 1997) put out by the pundits in North Block should confirm the aggregative picture of the economy when all the numbers are put together, reflects a very gloomy picture for future.

Let the Rupee be

Free power, free fall

From the files