The Hindu Business Line : Thursday, March 17, 2005

Discount sale
THE PUBLIC OFFER of Punjab National Bank, which managed to raise as much as Rs 3,100 crore, may appear to have satisfied the bank's principal constituents. For instance, the Government as the principal shareholder may consider itself richer by ... More

ECONOMY

The politics of development — Through the prism of economic history
Development strategies and budgets reflect the political economy of the times. Political factors always influence and shape economic development strategies and the processes that follow from their adoption in any country. This has also been the case in the 56 years of India's experience since Independence, says A. Vasudevan. More

ACCOUNTANCY

Heat of loss caused by `cooling-off' period
M. S. Parthasarathy on a case of customer discontent arising from bank's delay in collecting foreign currency cheques More

Coming soon: Guidance Note on Accounting of VAT
FELICITATION functions are fertile occasions for flattery and flippant promises, and so nobody expects any truth to be told. That, the new president of the Institute of Chartered Accountants of India, Kamlesh S. ... More

Generally accepted but poorly understood
D. S. RAWAT has something useful for CAs' desktop: Indian GAAP & GAAS, from Taxmann (www.taxmann.com). The difference between the two acronyms is that one is on accounting practices while the ... More

LIFESTYLE

Mobile talkathons break all records
The `mobile talkathons' are so much a part of our everyday lives, what with each trying his best to hide the handsets from the naked eye. These movers and talkers have laid siege to the urban spaces, decked up like cockpit crew of some futuristic spa ce ship. And the monologues continue. More

FOREIGN DIRECT INVESTMENT

FDI as catalyst for economic growth
WITHIN six months of its coming to power, the UPA Government ushered in a slew of measures to attract foreign investors. These included, among others, the scrapping of Press Note 18, raising the foreign direct ... More

LETTERS

IndusInd Media & Comm clarifies

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Nobel Laureate pitches for GM technology

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In Focus

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