TOP HEADLINES
• Home Trade's Sanjay Agarwal Surrenders
• RIL didn't grow on permit raj: Anil Ambani
• Protests stall Sikkim monastery inventory
• 'Legal battles slowing down selloff process'
• Sinha sees signs of economic recovery
• 'ADB should focus on core sector funding'
• Amravati co-op bank board superseded
• Ficci, China body in pact on WTO affairs
• JK govt plans biz summit to woo investors
• Forex reserves touch $55.62 billion
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CORPORATE HEADLINES
• Bajaj Auto Q4 net up by 227.64%
• Madras Cements FY-02 results on June 10
• Maars Soft to consider issue of ADR/GDR
• BOI FY-02 results on May 20, 2002
• BSE announces replacement in select indices
• Lohia offers to acquire Century Laminating
• Corporation Bank FY-02 results on May 22
- - More

MARKET REPORT
Sensex ends seven-session winning streak
While old economy stocks remained mixed, PSUs, techs lost ground on profit-booking.

DAILY TECHNICALS
Trading strategy for May 13, 2002
Sensex, Rolta, Global Tele, BPCL, Dr Reddy's Lab... Check out what you can do on Monday.

GUEST COLUMN
'Need to temper power with accountability'
'India will be economically strong only when the blatant disregard for the responsibilities that come with power stops,' says Anurag Pal.

STOCK TALK
'Market will remain range-bound'
'The US market looks weak and the Indian industry has been doing poorly. So Sensex still remains below 1992 levels,' says Ramesh Shrichand Damani.

INTERVIEW
'Industry, academia must come together'
To churn out quality engineers, from technical and personality points, a finishing school is necessary in India, says S Mahalingam, executive vice president TCS.

COLUMN
Jalan's new monetary instrument
A Bank Rate cut now would have evoked the Sangh Parivar's ire, while silence on the subject might have annoyed Sinha. So, RBI Governor Bimal Jalan chose the middle path, says R C Murthy.

Home Trade's 'starry' gameplan
Mega celebrities can be used as cover for a meticulously planned financial scam, says Sucheta Dalal.

THE BUDGET & GOVT POLICIES
The Credit Policy: Complete coverage
Union Budget 2002-2003: Complete Coverage Exim Policy 2002-03: Complete coverage
Economic Survey 2001-02: Complete coverage
Rail Budget 2002-03: Complete coverage

MONEY CHAT
'A career in IT is promising even today'
'IT industry grew at around 30% last year. Which other industry has shown higher growth? A job in any industry requires knowledge of IT. The career of a software professional remains bright,' says Pramod Khera, MD, Aptech Training Ltd.

SPECIAL
India needs to open up economy further for sustained growth
'Labour reforms, tariff rationalisation, an easy exit policy, boost to infrastructure, strong political push, low protection levels, liberalisation in banking sector, product de-reservation for SSIs, price decontrol, and a positive debate on the need for change are a must,' says Dr Nirupam Bajpai.
Ten years of reforms: The unfinished agenda

TUTORIAL
What is the RBI's Monetary Policy?
What role does the Monetary Policy play? How significant is it? Read on...