OPINION
EDITORIAL
EC hard on Microsoft
TOO LITTLE, TOO late may be the obvious refrain of the information technology industry observers to the European Commission decision to slap a record fine on Microsoft and impose specific `conduct remedies' to stop what the EC calls its ...
More
FOREX
Should India pursue capital account convertibility?
FULL capital account convertibility is again being actively discussed with the accretion of large foreign exchange reserves. There is no specific definition of capital account convertibility (CAC). But the Tarapore Committee (1997) defines CAC as ...
More
TAXATION
Dividends and differences
R. Anand on the need to eliminate the differential treatment of interim and final dividends
More
The indefinite carry forward
T. C. A. Ramanujam on treatment of liabilities of predecessor in takeovers
More
Has the software sector come of age?
The CBDT-Nasscom spat questions the rationale for tax props to the IT industry, says K. Srinivasan
More
There's no formula to capture what's `current'
THE Visakhapatnam ITAT had to go into the question of `current repairs' when discussing the Shri Dhanalakshmi Cotton & Rice Mills case. The phrase, "which is not defined in the Act", has two elements, noted the ...
More
SECURITY
Missiles and nukes in... Pakistan's national aspirations
Given the nature of the Sino-Pakistani nuclear and missile nexus, New Delhi will face formidable strategic challenges. There should be no slackening in the development of nuclear and long-range missile capabilities. And the US' calls for "restraint" on this score should be ignored, given Washington's propensity to downplay the role of China and Pakistan in missile and nuclear proliferation, says G. Parthasarathy.
More
ECONOMIC OFFENCES
Ignoble act
THERE can be no two views on the enormity of the recent theft of Tagore's Noble Prize medallion, among other things, from the museum at Santiniketan, an act committed while the sleepy town was indoors watching the ...
More
BOOKS
The missing middle-class in a market of extremes
AFTER SITTING through an optimistic oratory by a veteran banker, one might wonder if there can ever be happy tidings within Indian banks' walls when spreads are thinning and foreign funds are for the asking. "Bankers ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|