Fwd: Today's Exclusives - Danger ahoy! Questions arise on Indian naval safety after repeated shipping fiascos

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From: Moneylife <noreply@moneylife.in>
Date: Wed, Aug 10, 2011 at 7:04 PM
Subject: Today's Exclusives - Danger ahoy! Questions arise on Indian naval safety after repeated shipping fiascos
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10 August 2011   Moneylife Exclusive Danger ahoy! Questions arise on Indian naval safety after repeated shipping fiascos Alekh Angre and Shukti Sarma Authorities appear clueless even after repeated incidents of ships grounding, colliding and sinking off the country's coast. Now activists and citizens have raised some serious questions on the state of our naval security...     Exclusive Column     SIDBI must rework its microfinance strategy Ramesh S Arunachalam Merely increasing funding for microfinance, without learning from past mistakes, will not solve the microfinance crisis. As one of the biggest lenders to the microfinance sector, it is up to SIDBI to develop necessary safeguards to ensure that the industry it helped create, does not collapse under the weight of its sometimes over-enthusiastic support for MFIs...       Other ML Exclusives   Market volatility exposes perils of Exchange Traded Funds ETFs combine the advantages of index funds and stocks. But because they are bought through a bourse, they are exposed to the mercy of the market's liquidity... ............................................................................................................................................... Daily Market Report: Share prices up may inch up Nifty may see an upmove till 5,270... ............................................................................................................................................... Ammonium nitrate stockpile in Vishakhapatnam raises serious questions on naval security Former power secretary has repeatedly sent letters to the home minister and senior bureaucrats for monitoring the hazardous chemical, but has not received any response so far... ............................................................................................................................................... Whom will the SME exchange benefit? Given the poor interest of retail investors, state of the intermediaries and poor governance standards, SME exchanges are likely to be useless... ............................................................................................................................................... Fight against graft: Not good enough, mr prime minister Manmohan Singh is an honest man. He should not support those who are not... ............................................................................................................................................... Stock exchanges: Anti-investor The shocking attitude of the BSE... ............................................................................................................................................... All of us are mired in the same cesspool, but our thoughts and actions can pull us out of this morass If only the spirit of cricket invested the actions of the leaders in politics, business, administration and law enforcement, what a wonderful world we would live in... ............................................................................................................................................... Ultimate victory for students: Tuesday's Supreme Court judgment orders access of copies of answer sheets of all examinations The apex court has ruled that evaluated answer-sheets are covered under the definition of "information" under the RTI Act. This judgment applies to all examinations including the Public Service Commissions, Universities, CBSE and other boards, professional bodies like ICAI—in fact, every examination conducted by any agency in India... ............................................................................................................................................... Tata Steel, Essar Steel and Ispat Industries expected to benefit from the new demand-supply scenario after the Bellary mining ban The apex court ban on iron ore mining in Karnataka's Bellary region will give steelmakers more pricing power, and the oversupply of flat products will cease... ............................................................................................................................................... Healthcare:Sole mosquito on the rampage A sole mosquito has supposedly caused 3,000 cases of malaria in June in Mumbai... ............................................................................................................................................... Personal finance today - Reliance MF launches Fixed Horizon Fund-XX-Series 24 - ICICI Pru MF floats 373 days fixed maturity plan - HDFC Mutual Fund unveils 13 months fixed maturity plan - Birla Sun Life MF floats 370 days fixed term plan     At a Glance   - HC asks SEBI if it can accept MCX undertaking on equity holding - Govt permits QFIs to invest up to$13 billion in MFs - Reliance Industries to team up with EIH for developing hotels - Domestic car sales down 15.76 % in July; bike sales 10.51 % up - 2G scam: Reliance denies having substantial equity in Swan ON STANDS NOW Corporate Wrap-up   - Lanco Solar commissions solar PV power plant for PEDA - Bharat Forge Q1 net profit jumps 64% to Rs97.42 crore - Bombay Rayon Fashions Q1 net profit up 9% to Rs57 crore   Moneylife Columns     The joy of losing: Is there an inner satisfaction that some people get by throwing good money away? Veeresh Malik To understand why people know that they will lose their money and still persist, a number of factors come into play—economical, psychological and sociological...     Greedy breed of Indian political leaders Karan Kharb The people of the country witnessed the entire cash-for-votes scandal on television. So, to say that the police or the parliamentary committee investigating the episode cannot find evidence in the case, is a real shame...     Face 2 Face   'Indians looking at insurance as an investment avenue' Rituraj Bhattacharya of Bajaj Allianz Life Insurance says a typical Indian household has insurance as an investment avenue today, as it offers diversification and an opportunity to balance the investment portfolio...     Editor's Pick   Fed to keep rates on hold till 2013 But the US central bank has said it expects a much slower pace of recovery than what it anticipated during the last meeting in late June. ...................................................................................................................................................... Did social media spark the London riots? British politicians and journalists say that Twitter and BlackBerry helped fuel the disturbances. ...................................................................................................................................................... Should they have taken S&P seriously? Here's an analyst who's tearing into the ratings firm. ...................................................................................................................................................... Gold is closing in on $1,800 Markets are worried about another recession. ...................................................................................................................................................... China's trade surplus up to $31.50 billion This is the highest figure recorded in more than two years. ...................................................................................................................................................... Cartoon of the week US debt: Big deal   Book Review   Elephants can dance N Madhavan "Dare to Lead" is Dr Anil K Khandelwal's story of how he turned around Bank of Baroda.   FROM the ARCHIVES   CAG says Adarsh scam shows failure of governance at all levels The CAG report reveals how select members from the Services and the civilian administration, politicians and individuals connected with them, benefitted from the illegal construction of the 31-storey building in the heart of Mumbai... ...................................................................................................................................................... Make a false complaint: You may just get lucky with IRDA! New India Assurance has coughed up Rs1 lakh as penalty for not replying to a client for seven months and ignoring the insurance regulator for a couple of months. Surprisingly, the complaint was not a valid one...     To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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