RBI says no to sovereign fund
Reserve Bank of India (RBI) Governor, Yaga Venugopal Reddy, on Monday, said time is not right to establish a stabilisation fund as well as sovereign wealth fund (SWF) in India as the country at present is vulnerable to various international shocks.
Centre says exports may miss target The Centre, on Monday, said the export target of US$160 billion for fiscal 2007-08 will be difficult to achieve in the face of exports being hit by a sharp rupee rise.
Champions in sports other than cricket complain that Indian cricketers get disproportionate rewards as compared to them. Are they justified in complaining? Is the recognition of achievements related to the popularity of the game? Deccan Herald had invited its readers to send in their opinions. Most readers feel that cricket is over-glorified and its players are pampered at the cost of other sports. Others contend that cricket is the nation’s religion and the players certainly deserve the booty.
