Monday, November 9, 1998
Assured trouble
First came the scare about Unit '64; now it is the turn of horror stories about the assured return schemes run by UTI and public sector banks. On both occasions, the finance minister was out of the country.
Production blues
Farmers in the northern region of the country, especially in Punjab, have suffered huge losses in the kharif season. DAP has been in short-supply in the markets as a result of the government's volte-face on free-pricing of the nutrient.
Share buyback will not move markets
After hectic lobbying and pleading, buyback of shares is finally in place. It will, however, in all probability, turn out to be a damp squib with marginal effect on the stock markets.
|
|
