OPINION
FOREIGN RELATIONS
Dramatic progress at Islamabad
Gestures and personal dynamics were as important as the bilateral Indo-Pak issues that dominated the recent SAARC Summit in Islamabad. But most significant was the joint statement issued to the media, where Pakistan said it would not allow any terror activity on its soil. And much of the credit for the thaw in relations should go to Mr Atal Bihari Vajpayee's statesmanship and initiative, says Rasheeda Bhagat.
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EDITORIAL
Strong on SAFTA
THOUGH THE RAPPROCHEMENT between India and Pakistan all but eclipsed the 12th summit of the seven-nation South Asian Association for Regional Cooperation in Islamabad, it may be crucial as it could smoothen the functioning of the association, ...
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ACCOUNTANCY
Too good to be an exception
Mohan R. Lavi on what we can learn from the OECD code of corporate governance
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Blocks in the building task
S. Murlidharan looks at the glitches in the book-building regime
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The facade of social reporting
Do the measures that firms publish externally truly influence internal decisions, ask John Innes and Gweneth Norris
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Bill of wrongs in the right place?
THERE is sufficient rancour among accountants, for varied reasons though. For some, bitterness is due to the Bill of wrongs in the right place, even as there are a few who think that at last the Government has done ...
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Washing dirty money
CLEANLINESS is a virtue, normally. In some cases, however much you clean, there is the stigma that never goes. For instance, funds that are born of illicit origin can never shake off the tainted tag in spite of best of ...
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AICPA's tech top 10
THE American Institute of Certified Public Accountants (AICPA) has announced its roster of Top 10 Technologies for 2004. These are the items expected to wield a powerful influence over business in the coming year. ...
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CREDIT MARKET
Advances against shares — Dividing the multiplier effect
The latest raising of minimum margin from 40 per cent to 50 per cent on advances against shares means that the potential value of the multiplier is reduced from 2.5 to 2. One good aspect of the measure is that, unlike in the past instances, the rise in margin is prospective and does not extend to existing advances.
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LETTERS
Peace process
Primary education
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