MARKET REPORT
Sensex ends with 28-pt gain on buying interest
Market rise as investors rush to buy old economy stocks. New economy stocks remain mixed.

TOP HEADLINES
• FinMin concerned over extent of VSNL loss
• India's N-E has back-office potential: Ficci
• PM promises to revive City Co-op Bank
• India wins WTO steel ruling against US
• SCI stake sale plan on schedule
• Volvo in top gear to drive luxury buses
• Wipro to set up offices in China, Japan
• India's GDP grows at 5.4 % in 2001-02
• Dhirubhai Ambani's condition still critical
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CORPORATE HEADLINES
• Sterlite Ind FY-02 net at Rs 910.40 mn
• Shyam Telecom Q4 net up by 14.03%
• VSNL clarifies on news item
• Morepen Lab Q4 net down by 30.36%
• Opto Circuits Q4 net down by 15.15%
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COLUMN
The emperor has no clothes!
Would you call a nation that handles telephone calls of customers from all the world over and types medical records of the world's hospitals a superpower? asks Mahesh Nair.

FDI in print: It's all about money, honey!
Protests against allowing FDI in print media have nothing to do with national interest. The opposition is all about money, says Sucheta Dalal.

NPAs: Cleaning the rot in the 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.

DAILY TECHNICALS
Trading strategy for July 1, 2002
Sensex, SSI, Rolta, Bilt, Telco... Check out what you can do on Monday.

STOCK TALK
'The bull market has started'
'The market is in a tight band now. It should not violate the 3100 level for the bull market to remain intact. Any breakout from the band will decide the future course,' says Ramesh Shrichand Damani.

SPECIAL
Biotech park for women a damp squib
Two years after it was inaugurated, only five sheds at the park are occupied. Women entrepreneurs blame the sorry state of affairs on FIs' apathy, lack of funds, and a downturn in the economy.

Are the Plan targets realistic?
Reforms for desired growth will be tough to achieve, say B B Bhattacharya and Sabyasachi Kar

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.

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...