The Hindu Business Line : Thursday, February 05, 2004

EDITORIAL
Disconnect ADC
THE MOBILE TELEPHONY industry could well be faced with some uncertainty on future growth with the 18-50 per cent hike in the tariffs, depending on the plan, with effect from February 1. If indeed there is a slowdown, the cellular players will ... More

ECONOMY
India shines — only for some
ON TUESDAY, The Times of India carried a set of two pictures showing the Deputy Prime Minister, Mr L. K. Advani, and the Union Law and Commerce Minister, Mr Arun Jaitley, at the inauguralof a symposium in Delhi. ... More

Fiscal management — A victim of political cycles
Post-1996, efforts at bringing down the Centre's fiscal deficit have been barely credible. But advocates of fiscal activism put forward several arguments to support their view that nothing untoward has happened to the economy since then. Most of thes e defences, however, are flawed, says A. Vasudevan, pointing out that only definitive fiscal policy rules for the medium term will obviate the dangers of political cycles. More

ACCOUNTANCY
Now is the time for farewells and receptions
DON'T compare us with unequals. This was the refrain of chartered accountants who had gathered for a meeting with the president of the Institute of Chartered Accountants of India, about a week ago. What is irking them ... More

The baggage of opaqueness
In terms of corporate transparency and disclosure, where does India stand, ask M. S. Narasimhan and S. Vijayalakshmi More

Too tongue-tied to speak the language of value
WHAT is as noisy as an n{+t}{+h} generation bootlegged tape, or as unrecognisable as the last whisper in a game of broken telephone? "The accounting process called `consolidation'," writes Chris Westland in Financial ... More

Case for secretarial independence
There are anomalies in the provisions on secretaries, says S. Murlidharan More

New walls to wail at
K. Srinivasan on the ombudsman system for investors More

LETTERS

Interim Budget

Pictorial warnings

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Indian Hotels mops up $150 m via foreign currency bonds

Farm sector growth no longer linked to foodgrains output

This century belongs to biology: Ambani

Resident Indians can remit up to $25,000 annually

India shines — only for some

Pharma majors to slug it out on the cricket field

At last, some cheer for farm sector

Looking back
Jan. 25-Jan. 31
Importance of the FIIs

A spring of hope for Kashmir

Farm sector on the dole