Pharma, software scrips are new brahmins on bourses
AIADMK supremo J Jayalalitha may have retracted her threat to dismantle the BJP-led government on Thursday, but market players are not willing to bite the bait. A section of the market still fears that she may have retreated only for the moment. Rumour has it that the lady from the south might have relented only to give the BJP an opportunity to unfurl the national flag on the Red Fort for the first time in Indian history.

RBI sees current account gap at 2%
The Reserve Bank of India has admitted to the possibility of the current account deficit (CAD) climbing to two per cent of GDP during the current year from 1.7% during 1997-98. This is the first time that the central bank has projected the current account deficit as likely to touch two per cent in the post-liberalisation era.

Sri Vishnu lords over the market even as Rajus lock India Cements in battle
Ever since the BJP government came to power at the Centre, and especially in the last one month whenever J Jayalalitha has sniffed, the stock market has caught a cold. And she has sniffed often enough. But even in these trying times, Sri Vishnu Cements has been among the few that have not only defied the Jayalalitha syndrome but the theory of gravity as well.