Thursday, November 26, 1998
Economy at stake
The elections in the states of Delhi, Madhya Pradesh and Rajasthan are of immense importance to the economy. Much will depend not only on who wins, but on the margins by which seats are won.
Ensure credit flow
The Central Vigilance Commission's (CVC) direction to banks to computerise at least 70 per cent of their operations by January 1, 2001, in order to bring down the incidence of frauds is undoubtedly correct.
Financial viability of depository participants
It is absolutely necessary that account opening charges by depository participants (DPs) and custody charges, both by the depositories and DPs, for individual investors should go away, lock, stock and barrel, if the demat cult has to be popularised, as indeed it should be.
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