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Thursday, May 27, 2004

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OPINION

EDITORIAL
End the NRI largesse
WITH DOMESTIC INTEREST rates out of alignment with international trends, arbitrage opportunities continue to exist, making various deposit schemes for non-resident Indians attractive. Tag on the tax benefits and the exchange rate protection, and ... More

ECONOMY
Disinvestment and FDI — Lessons from China for India's Left
IT IS ironical that while the largest communist nation, China, is using privatisation and foreign direct investment (FDI) to steer its economy, the Left parties in India claim these as counter-productive, benefiting ... More

Critical two months ahead
The economic thinking of the new government will be revealed with the presentation of the Budget. The draft CMP not only indicates a continuation of subsidies and a shift in the divestment policy, but also promises to raise expenditure on agriculture , infrastructure, and the social sectors. All this and the rising oil prices could complicate the fiscal issue, says A. Vasudevan. More

ACCOUNTANCY
The impair preparation in short
S. Ramanujam summarises the salient features of AS 28 on impairment More

Irrelevance of CA for 7 out of 10 Indians
POLITICAL analysts almost agree that the CEO of a southern state lost his seat recently because his laptop lacked the agri-byte. Thus, if the latest election results are any indication that agriculture has more say in ... More

New norms for new names
Companies that want a name-change have newer conditions to fulfil, says Mohan R. Lavi More

There are secretaries in the waiting room
R. Balasubramaniam and N. R. Sridharan trace the evolution of the company secretary profession More

Cracks in the roof over shelters
WHEN a Big Four firm gets into trouble, it makes big news. Thus, when Federal prosecutors in Manhattan began "a criminal investigation into Ernst & Young LLP's promotion of tax shelters", AccountingWeb duly ... More

BOOKS
Arthur Andersen: A case of suicide, not murder
ACCOUNTANTS are returning to their homes too late these nights, and working over weekends too. Because this is the time to draw final accounts and financial statements, pass lengthy journal vouchers and generally square ... More

LETTERS

  • Risk management
  • No word on EPF interest rate



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    Top Stories
    Rising prices in global markets — Oil companies' loss put at Rs 3,000-cr in two months


    Critical two months ahead

    Shipping stocks manage to weather the storm

    Coke cuts dealer margins, outsources distribution — Hopes to save over $1 million

    Maran promises relook on FDI in telecom — Rules out privatisation of BSNL, MTNL

    Balaji Tele to boost regional sponsored programmes

    US dumping probe delay may hit shrimp sector

    Rlys to make bio-diesel viable — Trains to run on vegetable, used frying oil

    Looking back
    May. 16-May. 22
    Birth pangs of a new regime

    Democracy and the markets

    West Bengal economy: A not-so-rosy picture

    Credit Policy — Neither surprises nor satisfies

    The foreign policy challenges ahead


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