The Hindu Business Line : Thursday, April 14, 2005

On a new dimension
A CAREFUL READING of the joint statement issued at the end of the Chinese Prime Minister, Mr Wen Jiabao's visit to India suggests that the entire exercise has been to give a new dimension to economic relations. The process began in June 2003 with ... More

AIRLINES

India and China — Economics of airports compared
Comparisons between India and China often highlight the latter's edge in many areas. This is true of the airport sector too. With a number of programmes set in motion, this is the right time for New Delhi to chart a flight plan for the sector. More

ACCOUNTANCY

Trickery of transaction cost
TRANSACTION cost is a neglected concept among econometricians in India. In the West, as also in Hong Kong, there were attempts to rid it of unethical objectives that saw the growth of subterranean economies. In India, ... More

Back to school — frightful, desperate, wild and furious
AS WE age, we experience second childhood, said Aristophanes. So, it's no surprise that the Institute of Chartered Accountants of India (ICAI) has released an exposure draft on `accounting by schools', rather than gun ... More

We have a `banned' list now
Mohan R. Lavi on the audit and accounts provisions in the Concept Paper More

CREDIT POLICY

Monetary Policy-making — Best time for a breakthrough
Real growth, external viability, large capital inflows, optimistic capital market, stable exchange rates all are so favourably situated that the RBI Governor can afford to take a leap into new horizons. Even the politics of coalition are in a facilit ating mode. The sole concern is about inflation, mainly due to rising crude oil prices but it is a challenge that every central banker is prepared to take. Will the Governor break away from the tradition and adopt a new approach to the annual Credit Policy, asks A. Vasudevan More

MANAGEMENT

Exit `meetings', enter `e-conferencing'
An electronic conference lends itself as an effective and equitable technique, wherein the managers may pool their knowledge about every employee and evaluate their merits and demerits. It is an ideal and appropriate forum to meet and manage the mass ive and multiple needs of employee education and training in large organisations. More

Middle management
THE sweeping change in corporate India has clearly unnerved middle managers in most Indian organisations. They are lost in the maze of complex operational demands and the need to develop processes in conformance with ... More

BOOKS

`25 to 30 per cent cost reduction possibilities' in insurance
INSURANCE is hot news; more so, when the world's biggest insurer AIG's financial dealings are under a cloud. Thus, the day's story is about the company's ex-chief Maurice `Hank' Greenberg keeping mum in front of regulators probing allegations of ... More

LETTERS

Bank mergers

Poverty eradication

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