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Market rally: Investors richer by Rs 10 lakh crore in 7 weeks
A sharp rally in the stock market in the past one and a half months has turned investors richer by Rs 10 lakh crore. The total investor wealth, measured in terms of cumulative market capitalisation of all listed companies, rose to Rs 62,72,757 crore, up by Rs 10,11,392 crore from its recent low touched in December. Strong inflows from foreign investors, RBI’s surprise 50-basis-point cut in the

Letters: Nuclear reactions

This refers to Devangshu DattaÃ¯Â¿Â½s "The nuclear bargain" (March 25). Apparently, the Japanese have been able to ward off a nuclear catastrophe, but given IndiaÃ¯Â¿Â½s poor record in disaster

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Where are the markets headed?

After gaining 81 per cent in 2009, the Sensex managed just about 17 per cent in 2010. While Devangshu Datta believes the chances of a downside are more, Mukul Pal feels the Sensex will fall 30 per

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Letters: Focus on India

Apropos T N Ninanâ€™s "Second again", and Devangshu Dattaâ€™s "The power of national disgust" (January 1, 2011), it will be more rewarding to provide for meaningful education, basic health care

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Letters: Maths and industry

In "Zero in on maths" (September 10), Devangshu Datta makes a pertinent point about the need for promoting research in mathematics. Sir Isaac Newton called it "the queen and servant of mankind".

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Oil prices will hurt Jihad Inc

As an 11-year old, I remember my father cursing at breakfast as he digested the 110 per cent overnight rise in the price of petrol (from 77 paisa to Rs 1.65 per litre) along with his morning cuppa. Th

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