THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Wednesday, December 06, 2000
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Money

Forex
Productivity, efficiency surest antidotes against inflation
WORRIES about Government finances dominate discussions on economic policy. The Government is abjectly apologetic; the Finance Minister pleads helplessness in controlling expenditure and subsidies. He can understand the strong feelings on spending cuts -- why, he would take to the streets himself against such measures if he were in the Opposition!

Re closes sharply firmer; call dips on easy liquidity
THE rupee staged a sharp recovery on Tuesday, gaining around seven paise against the dollar. It closed at 46.7550/7650 in a subdued forex market, as against Monday's close at 46.82/83.

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