The Hindu Business Line : Saturday, December 27, 2003

Connecting right
WITHIN SIX MONTHS of its becoming a law, amendments have been made to the Electricity Act, 2003. Approved recently by Parliament, these amendments pertain to provisions in the Act dealing with theft of electricity, providing open access and ... More

FOREX

Managing forex reserves — Asian Bond Fund as a safety mechanism
With India's forex reserves crossing the $100-billion mark, there are bound to be several suggestions on how best to manage them, including the setting up of an Asian Bond Fund. Jayanthi Iyengar says that such a Fund will help create an altern ative safety mechanism when the existing institutional framework fails. More

POLITICS

Cancer eating into India
THE Chief Election Commissioner, Mr J. M. Lyngdoh, has opened his mouth once again on the nation's tribe of politicians and, expectedly, what he said will not be music to its ears. This time, the country's top poll ... More

TAXATION

Embers of argument after a fire disaster
T. C. A. Ramanujam on a case where insurance compensation came under dispute More

Avoidance and evasion are birds of different hues
K. Ramesh on the perpetual debate over what is permissible as tax avoidance More

The rate rattle in a refund battle
R. Anand looks at an apex court decision on tax refund that went in favour of the assessee More

Obscure contours of a conduit
What makes India cosy up to Mauritius when it comes to taxation, asks S. Murlidharan More

ECONOMIC OFFENCES

Corporate scandals — Is there enough will to prevent them?
There are major question marks about the quality and state of current corporate governance on both sides of Atlantic, as many senior executives of prominent firms have been identified helping themselves to generous chunks of salaries and bonuses. More

BOOKS

Is the dollar-heap a hand grenade with a loose pin?
THIS festive season has thus far been bringing more than its due share of reasons to celebrate — be it a mega merger or a climbing index, election results or delayed acquittals. But William Bonner has disturbing ... More

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