The Hindu Business Line : Thursday, January 01, 2004

EDITORIAL
A downsizing dream
THE PROPOSAL OF the Standing Committee of Parliament on Industry for consolidating the Ministries of Coal and Mines, Oil and Petroleum, and Steel under one composite ministry may appear, on the face of it, revolutionary. But on closer reflection, ... More

ECONOMY
New Year pronouncements
While India will emerge stronger in 2004, it is only political will that can bring about a real change in the economy, society and politics. More

ACCOUNTANCY
Standardspeak on point of sale
P. S. Kumar on determining when `sale' is performed for the purpose of AS-9 More

NPA chase with millstones tied
K. Srinivasan on the rough road ahead for banks and financial institutions in managing non-performing assets More

Setting bloodhounds on the watchdogs' trail
TODAY is January 1, and you want to wish everybody, "Happy New Year!" Yet, if you run into any accountant, the greeting may not be appropriate. The CA Act is undergoing change, and the forebodings are already on the ... More

TERRORISM
Pakistan: Chickens coming home to roost
The recent assassination attempts on Gen Musharraf can best be described as the wages of sin that Pakistan's rulers have inevitably to pay for the policies they have followed for over a decade. The ISI's inducting and training of terrorists and the p olitical backing to terror outfits, which were encouraged to foment religious extremism not only in Kashmir but also in Afghanistan and Chechnya, have boomeranged on the present leadership, says G. Parthasarathy. More

BOOKS
Are you neck-deep in numbers?
GADGETS come with user's manual, software ships with help facility, research papers have ample footnotes, and there are commentaries for difficult poetry. However, much of company-speak is not accompanied by some help ... More

LETTERS

Asean ties

Bull market

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Toasting time again for all in IT sector

When cheap and free spelt mega value

Dollar breaches 1.25 to Euro

Happy days ahead for job hunters

Textile sector emerges flavour of the year

Newspapers circulation goes up 24 pc

Looking back
Dec. 21-Dec. 27
RBI study on FDI — Raises questions on quality of growth

Contributory pension system: Approach with caution

Outsourcing to offshoring, it is advantage India

Managing forex reserves — Asian Bond Fund as a safety mechanism