The Hindu Business Line : Thursday, November 13, 2003

WTO steels up
THE RULING BY the World Trade Organisation dispute settlement appellate body on the US steel import duties case is a clear victory for the forces of liberalisation. It is a double-whammy for Washington, which lost also the appeal against a ... More

TELECOMMUNICATIONS

Unified licence: Caught in cross-connections
While TRAI's recent recommendations on the unified licence regime for basic and cellular services pave the way for consolidation in the sector, its haste in pushing through the new regime leaves unresolved several issues, such as guidelines on intra- circle mergers and acquisitions, implications for the consumer and the fate of the smaller players. More

ACCOUNTANCY

A case that shifts the goalposts
Mohan R. Lavi on the recent redefinition of insider trading. More

A naysayer of NAV
NAV-based redemption is not fair, says S. Murlidharan More

They are private and different
Private companies should not be put through the rigours of public companies, says Lakshmi Balaraman More

Will CLA claw at new issues?
The new Central Listing Authority will not be in the interest of investors, says N. R. Moorthy More

A lifer in so many words
THOUGH the ICAI cries hoarse that its members engage themselves in `continuing professional education' (CPE), and even stipulates mandatory CPE hours for the practising CAs, many see the thing as a formality to comply ... More

POLITICS

Impose ceiling on tax-free donation
WITH elections to four State Assemblies round the corner, the issue of donations to political parties assumes importance. Based on the recommendations of the Indrajit Gupta Committee on Funding of Political Parties, the ... More

NON-PERFORMING ASSETS

Monetary and Credit Policy — Looking beyond the rate cuts
In a sober mid-term review of the Credit Policy, aimed at keeping the economy on even keel, Dr Y. V. Reddy has looked beyond interest rate cuts and focussed on qualitative issues aimed at toning up the working of the banks and improving credit delive ry, particularly to the neglected agriculture and small-scale industry sectors, says S. D. Naik. More

BOOKS

BOOKS OF ACCOUNT

Debits of disintegration
ACCOUNTING is a post-mortem exercise, many say, because you record what has happened. Auditing happens normally after accounting, and that is, therefore, a post-post exercise. And when there is a collapse of auditing ... More

LETTERS

Pension scheme

Oil sector

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