Financial Daily from THE HINDU group of publications
Thursday, April 03, 2003
Markets (April 2)
BL 2501048.72 (+13.67)
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OPINION

ESOPS


Sweat, not sweet equity
RECENTLY, the Secuirities and Exchange Board of India issued regulation for the issuance of sweat equity to employees, directors and promoters. When a new regulation is issued, care must be taken to draft the same, particularly with respect to ... More

EDITORIAL


Little to report?
GOING BY THE Report on Currency and Finance 2001-02, the RBI is quite aware of the black hole the Indian economy is in, and the manner of climbing out of it. The Report can bear the charge of being repetitive but the monetary regulator is ... More

AGRICULTURE


Food and Fertiliser subsidies — Major drag on farm sector growth
With a chunk of budgetary resources being diverted to foot the growing subsidy bill, there have been significant cut-backs in public sector outlays on agriculture. The Budget should mention that the entire amount saved on subsidies would be used to s tep up public investment in irrigation projects, agriculture research and rural infrastructure. That will blunt the prevailing opposition to reduce food and fertiliser subsidies, says S. D. Naik. More

ACCOUNTANCY


Ads aren't account-savvy
Adspends have been eluding cost-benefit analysis for far too long, says S. Murlidharan More

Tender facts
THUS far the only `announcements' in the ICAI's Web site have been either for members or for students. There is a new addition now — a call for tenders. There are three items listed under "tenders on paper, printing of ICAI certificates and ... More

Time to cut US exposure?
Alokesh Majumdar on whether the US economy is a giant Ponzi scheme More

POLITICS


A new equation for India
THE WAR in Iraq is now into its second week. Developments in Asia have been such that it is time for India to serious look at a tripartite alliance with the US and Japan, if it wants to make a place for itself in, what till now, has been an ... More

Invasion of Iraq and Law of Fist
"How to be free from arrogant nationalism is today the chief lesson to be learnt. Tomorrow's history will begin with a chapter on Internationalism, and we shall be unfit for tomorrow if we retain any manners, customs, or habits of thought that ... More

LETTERS


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    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Mar. 23-Mar. 29
    Nuts and bolts of the Budget

    Water privatisation — Reaching epidemic proportions

    Iraq: The war on air waves

    Coating bitter pills with sugar

    Countdown to VAT: Impact on Centre-State finances

    Hopes squeezed on oilseeds

    Narco-smuggling and ISI


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