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Wednesday, January 24, 2001

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Weak banks -- Deliverance by Talwar
Deepak Parekh, Sekhar Agarwal and D Swarup. The terms of reference - the nature and quantum of bank recapitalisation, sustainability of the restructuring plans, monitoring the implementation and fixing accountability - all sound like the Verma Panel.

No goodies from Mr Sinha
Union Finance Minister Yashwant Sinha may feel in wanting to contribute positively to the `feel good factor' in the economy, the fiscal trends in 2000-01 are unlikely to give him too much room for policy manoeuvre.

Mr Bush's `Balance of Power'
The new US President, George Bush, is known to face a somewhat unusual challenge of having to contend with a bipartisan balance of power in the Senate.









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