Apples & Oranges

Comparing the last boom in 1994 and that of today makes little sense

During 1994-96, over-extended bank credit, trade deficit, rising inflation and property speculation led to a recession. These issues are now back. But the outcome may not be the same. Are we close to the end of the first phase of the beginning of a long-term boom in emerging markets or the beginning of the end of that boom?...

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  • Lloyds Finance Repays Investors

    Big breakthrough by an investor group

    Investorhelpline, the grievance redressal forum supported by the Investor Education and Protection Fund (IEPF) that was launched in September 2006, reports a big breakthrough. In a press release last week, Virendra Jain (of the Midas Touch Investors’ Association which runs the helpline) said that 28 depositors of Lloyds Finance have got their money back...

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  • Lalu Shows the Way

    Lalu Prasad Yadav’s feats are considerable and makes him a fit candidate for the FM

    In less than three years in office, Lalu Prasad Yadav has turned around the perpetually loss-making Indian Railways into world’s most profitable railway organisation by a large margin. His promise is to increase profits before dividend to Rs20,063 crore (or $4.6b) which would be more than any other railway in...

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