MARKET REPORT
Sensex sheds 11 points in lacklustre session
Concerns over the political situation and fears of institutional selling keep the market weak.

TOP HEADLINES
• Travel advisories affecting FDI flow: Sinha
• Labour ministry mulls cut in EPF rate by 0.5%
• CII banks on services sector for growth
• ICICI, SBI, to float ARC in July
• Govt notifies re-introduction of Saral forms
• Plane door falls off, Vijaypat Singhania safe
• Ordinance for tackling NPAs promulgated
• Centre to share petro profits with states
• Maran criticises hike in non-tariff barriers
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CORPORATE HEADLINES
• Siemens clarifies on news item
• Pfizer, Parke-Davis to consider merger
• Kirloskar Brothers declares 45% dividend
• Kesoram Industries closes buyback plan
• BSES announces book closure date for AGM
• Bharat Electronics to mull dividend on July 2
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SPECIAL
Be there before the rally begins
With equity valuations at historic lows and corporate profits set to grow at a health pace, it makes imminent sense to log on to stocks.

Media in the FDI arena
The Indian economy can become a knowledge-based economy by 2025 if we open our minds to the best and latest knowledge from all over the world, says Arvind Virmani.

P2J or J2P? The job market dilemma
The emphasis of policymaking has to be on taking jobs to people, says Subir Gokarn.

COLUMN
NPAs: Cleaning the rot in India's financial sector
The ordinance to rid the banking system of bad debts is just the beginning. Much remains to be done, says Paranjoy Guha Thakutra.

Need to handle Mauritius tangle with care
The Indian government must take a holistic view and initiate a broad-based dialogue on the issue, says Manoj Mohanka.

Need to monitor advertising for children
The pressure of emotional blackmail will soon reach alarming proportions. Concerned parents must protest the most blatant forms of exploitation of their children's credulity, says Sucheta Dalal.

DAILY TECHNICALS
Trading strategy for June 25, 2002
Sensex, Aftek Infosys, M&M, BPL, HDFC Bank... Check out what you can do on Tuesday.

TAXATION
A risky affair
How do you quantify risk? How do you minimise it? What kind of risks do debt instruments pose? A N Shanbhag on risks threatening your investments.

INTERVIEW
'Telecom primed for a revolution'
The telecom industry will witness a revolution in the coming days and the number of mobile phone users in India will rise to 50 million by 2005, says Sunil Mittal, chairman, Bharti Enterprises.

STOCK TALK
'Market will test your conviction'
'There are no free lunches in financial markets. You have to take your chances. If you have a sector leader, sell it when the bull market ends,' says Ramesh Shrichand Damani.

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.

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