SPECIAL
Need to check fiscal deficit, use forex wisely
The rising fiscal deficit is the cause of diversion of personal financial accretions into government consumption and for the fall in industrial investment, says Ashok V Desai.

TOP HEADLINES
• RBI eases foreign projects guarantee norms
• PM to decide on sale of HPCL, BPCL: Naik
• Govt rules out Air-India divestment
• Sena for CBI probe in Centaur Hotel sale
• 'No ADR sans strategic sale in Nalco'
• Ministry seeks guidance over divestment
• VSNL, MTNL, BSNL ink interconnect pact
• Ambani suggests India-US free trade pact
- - More I The Divestment Development

COLUMN
Vajpayee's grip is firm as ever
A few months ago, the prime minister had given a hint of an imminent retirement from active politics. But today even the Prime Minister's Office seems to have regained its lost clout, says A K Bhattacharya.

INTERVIEW
'M&As in cement sector will continue'
The industry hasn't yet reached a stage where few players can determine prices, says B L Jain, President, Cement Manufacturers' Association.

CORPORATE HEADLINES
• Mishap at Suven Pharma's Suryapet factory
• BSE revises special margin on 42 scrips
• Telco clarifies on news item
• JK Corp Director resigns
- - More

MARKET REPORT
Heavyweight stocks lift Sensex by 23 points
Sustained buying in old economy stocks. Selling pressure from UTI in blue-chip stocks like RIL, HLL.

DAILY TECHNICALS
Trading strategy for November 20, 2002
Sensex, Essel Packaging, Hindalco, NIIT, Sesa Goa... Check out what you can do on Wednesday.

MUTUAL FUND NEWS
• UTI sales cross Rs 3,000 cr this year
• HSBC MF launches four schemes
• Tata Liquid Fund declares dividend
• Good show by IDBI Principal Income Fund

THE BILL GATES VISIT
'Bill Gates is a very shrewd businessman'
Your View: Gates's visit, charity or business? • 'My trip's very exciting' I Complete coverage

PERSONAL FINANCE
Year-end is time for best deals on wheels
It is time to drive a hard bargain. Here are some tips on how to make the most of a buyers' market.

More on Kelkar panel's tax proposals
A N Shanbhag dissects the Kelkar Committee's propositions.

STOCK TALK
'Divestment program is over'
'Market needs new FII money to go up. But China has opened up to FIIs, which will drag money from India,' says Ramesh Shrichand Damani.

PRESS RELEASES
• 'Making a killing: The business of war'
• Infy plans disaster recovery unit in Mauritius
• Feroz Khan gets teacher's award
• More...