Financial Daily from THE HINDU group of publications
Thursday, March 28, 2002
Markets (March 27)
BL 2501118.40 (+5.69)
BSE Sensex3459.08 (-7.21)
S&P CNX Nifty1123.35 (+0.30)
Dollar (Buy/Sell)48.76/48.89

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Reading leaves for tea
IT IS TO be hoped the Forward Markets Commission will take all sections of the tea industry and trade into confidence and introduce safeguards before launching futures trading. Though the FMC moved on the direction of the Union Ministry of ... More


Why inflation figures are not credible
Neither the WPI nor the CPI captures fully the price changes for the services used by urban consumers. And services, especially government-provided, are featuring substantially higher levels of inflation than merchandise. Lack of productivity improve ment in services is what is fuelling the price spiral, says K. Venugopal. More

Nettle that nobody grasps — III: Towards a new bureaucratic paradigm
Adult franchise and adulterated institutions cannot co-exist just as a nation cannot survive, in the words of Abraham Lincoln, half slave and half free. Democracy either runs at full throttle or faces erosion and eventual extinction. Therefore, insti tutions, especially those which are channels of service of "we, the people", cannot be half-accountable and half-callous. More


Unwarranted warrants
K. Ramesh says that professionals get unduly harassed by criminal law proceedings under the Negotiable Instruments Act More

Intangibly dichotomous
S. Murlidharan says there is no accounting imprimatur for internally generated brands More

Behind bars
WHENEVER there is a congregation of accountants, it becomes necessary perhaps for the speakers to project themselves as espousing a common cause so that they are seen as champions of the profession. One such cause — that I have been coming ... More


Taking a toll on salaried class
THE government has been ruthlessly taxing the salaried class over the past 50 years, making the efficient people pay for the inefficiencies of the others. Who are these inefficient people? The tax-evading business class, and the corrupt ... More


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