The fiscal crisis brought about an increased burden on monetary policy and different countries met it in different ways.
The sudden surge in raw material prices has forced steel companies abroad to raise prices considerably but Indian counterparts have been unable to do so at such a pace. This has eroded the premium that Indian steel makers enjoyed and they're actually selling at a discount to international prices.
More pain likely, say analysts, with gloomy demand scenario and slowing economy.
The Nifty ended at 5,687 up 33 points.
Preferential allotment of shares is back with a bang. Sample this: such allotments have more than doubled to 56 in March this year from just 24 in February. The number was just 15 in January.
Life Insurance Corporation of India, the country's largest institutional investor, is planning to pump in at least Rs 75,000 crore in equities during the next financial year.
Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.
In many cases, of course, financial institutions like Life Insurance Corporation or government-controlled banks have come to the rescue of Indian companies facing takeover threats.
Stable rise in demand, mega steel capacities on the anvil have resulted in the firms shifting up the value chain.
Stock investors can expect another rollercoaster ride on Dalal Street this week as the equity markets remain vulnerable to meltdown in the US sub-prime mortgage
As Partha S Bhattacharyya steps down as CMD, the search for a successor is being keenly watched.
The LTTE forgot that Eelam was a means to an end -- that is a place of honour for Tamils and preservation of their identity and culture. By obdurately focussing on 'all or nothing' strategy, the LTTE lost everything and has brought upon untold misery on the Tamil people of Jaffna.
'It will be a double tragedy for Sri Lanka if making peace proves more difficult than making war,' says Brahma Chellaney.
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