COVER
STORY Forex
Reserves Perspectives
- - K Seethapathi, Kalyan J Sandilya Forex
reserves in the developing countries have raised fourfold, since 1990, to almost
30% of their GDP amounting to eight months of their import bills, yet they remain
less than 5% of the developed countries. This continuous accumulation provides
greater liquidity,transparency and some protection against financial crisis. This
article discusses the relevant issues.
© 2006 IUP . All Rights Reserved
TREASURY
The
Treasurers' Dilemma
- - Anbu T Palanikumar
With
an exciting range of markets to participate in, the treasurer is increasingly
finding it difficult to maximize his returns on investments. The article provides
the treasurers' dilemma in such a maze of financial market with suitable illustrations.
© 2006 IUP . All Rights Reserved
TREASURY
The
Powerhouses of Global Economy: India and China
- - Anil Kumar Goyal ,Elizabeth Renju Koshy The
global economy seems to be changing at a faster rate than ever before. Some of
the changes like rapid growth in China and India and their growing economic freedom
proved to be at a faster pace, when compared with the other countries. These changes
resulted mainly due to high oil prices and global imbalances. The article deals
with world economy and its growth prospects.
© 2006 IUP . All Rights Reserved
TREASURY
Corporate
Debt Restructuring : A New Lease of Life for Ailing Corporates
- - K Mallikarjunan Corporate
Debt Restructuring is aimed at rescuing those corporates, which without their
fault have sunk into the quicksand of debt. Any suitable restructuring program
may put the corporates back on the right financial track, provided the causes
and remedies of the corporate ills have been diagnosed with clinical precision.
The article deals with the related issues.
© 2006 IUP . All Rights Reserved
RISK
Commodity
Derivatives :The Need for Energy Risk Management in Asia
- - Sharon K Jose
Crude
oil price exhibits a high degree of volatility which significantly varies from
time to time. In the month of May 2006, the crude oil prices exceeded $70 per
barrel in response to tight markets and uncertainty over the energy securities
market. The article discusses energy risk-based hedging model for crude oil price
risk management.
© 2006 IUP . All Rights Reserved
FOREX
FDI
Inflows to India : Some Reflections
- - Badar Alam Iqbal
The
inflow of Foreign Direct Investment (FDI) into India has boosted the once ailing
economy, but of late, severe political pressure is acting as a hindrance for its
smooth inflow. This article discusses the related critical issues.
© 2006 IUP . All Rights Reserved
SPEECH
Foreign
Exchange Reserves : New Realities and Options
- - Dr. YV Reddy Governor, Reserve Bank of India
© Address by Dr. YV Reddy, Governor, Reserve Bank of India at the 2006 Program
of Seminars in Singapore during September 16 to 18, 2006 on the Theme "The World
in Asia, Asia in the World". This address was in the session entitled "Problems
of Plenty? Challenges and Opportunities from the Accumulation of Large Foreign
Exchange Reserves and Windfall Revenue" on September 18, 2006. CASE
STUDY Risk
Management at Yes Bank
- - S Neeraj Regulators
are laying increasing importance on risk management in banks. This may be an additional
responsibility on the management, but it will aid them to keep a check on different
risks, thereby, improving the performance of the bank. The following case study
deals with the procedures followed at Yes Bank to manage the risks
© 2006 IUP . All Rights Reserved |