Accounting is too serious a job for part-timers
THE latest entertaining news from the Institute of Chartered Accountants of India is that part-time practice has been put on the death row. From April 1, 2005, "members of the Institute who engage themselves in any ...
Keeping the word
WHEN I read the news item about what the Prime Minister, Mr Atal Bihari Vajpayee, had to say on why he had not kept his word about not contesting another election after 1999, I recalled an anecdote from one of Bernard ...
BOOKS OF ACCOUNT
When a handful shows more stones than rice
WHEN there is a difference between debits and credits, create a suspense account. That is a standard procedure, as all bookkeepers know, and when mysteries get unravelled fully, the amount is expected to dissolve into ...
EAR TO THE GROUND
THE stock of FMCG major Hindustan Lever was hammered down on Wednesday after a foreign broking firm put a "sell" recommendation on the stock. According to a market source, a top firm cast doubts on the prospects of the company after a meeting ...
ON THE HEDGE
Tata Motors: Primary outlook positive, buy April futures
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE. Tata Motors: The stock closed at Rs 498 in the spot market. The primary trend appears positive though the stock is likely to ...
Downtrend persists; new stocks shine
AFTER a major comeback in the new fiscal year, triggered by an all-time high GDP growth, the stock markets appear to be undergoing a minor correction. For the second straight day, the indices closed lower after gaining over 300 points since the ...
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