The perils of an operator-driven stock market
Every time a crisis hits the stock markets, the SEBI comes up with ad-hoc initiatives. And more often than not, these moves fail to revive investor confidence.
Right move, bad timing
The 300 plus point fall of the sensex says it all. The finance ministry's decision to order the SEBI to sack broker directors of the BSE is the right move but disastrously timed.
A use for Mr Jogi's cash
Chhattisgarh chief minister Ajit Jogi says he has Rs 552 crore in the state kitty to bid afresh for Balco. Mr Jogi will do well to spend that money on improving literacy, providing access to drinking water, giving shelter to the homeless in backward Chhattisgarh, leaving the likes of Mr Agarwal of Sterlite Industries Ltd to run Balco.
Interest rate cart before deficit horse
There was universal acclaim at interest rate cuts effected by the government on budget day and the day after by the RBI.
Prevent another Rathigate
The sordid mess of the Anand Rathi tapes controversy has hit the markets in the face. But the revelation that the BSE president called his surveillance department and asked for details of particular stocks is not the least surprising.
The doctor's ailment
The past fortnight has been one of frenetic activity in the normally placid life of the SEBI.