OPINION
EDITORIAL
Fiscal gravy train halts
THERE IS NOTHING unusual about fiscal slippages. Thus, the news of the Centre's fiscal deficit in April-August 2004 at Rs 9,042 crore being higher than that for the corresponding previous period (as also against a budgeted increase of Rs 5,304 ...
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ECONOMY
Filial fickleness
HOW often do old parents with children in faraway places wait wistfully for telephone calls, only to be disappointed? Even worse are times when they tell others that their son from San Francisco or daughter from Dundee ...
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ACCOUNTANCY
Information security in the matrix of Mahabharata
THE Global Information Security Survey 2004 from Ernst & Young has startling things to convey. Such as: That only one in five felt that their companies looked at information security as a CEO-level priority; that three
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The millstone of bad loans weigheth
Sankar Ray on the need for corporate disclosures to be transparent in the matter of loan waivers
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POLITICS
US elections: Which way will women swing?
AS THE US presidential election juggernaut rolls on and the two rivals — the Republican incumbent, Mr George W. Bush, and the Democratic contender, Mr John Kerry — trade charges on a variety of issues ...
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MONETARY POLICY
Reflections on Monetary Policy review
The central bank has to practise the art of the possible. The October mid-year review of Monetary Policy will continue to lay emphasis on institutional reforms. On monetary policy measures, the die is already cast, says A. Vasudevan.
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BOOKS
Lying comes naturally to human beings
ACCOUNTING is a profession that earns its bread from `truth'. Who else plugs `true and fair' in their finished product with as much finesse as we manage to? So, it may not be fair if others start talking about truth. ...
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LETTERS
Press Note 18
Foreign funds
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