The Hindu Business Line : Saturday, October 08, 2005

Gassed out
YET ANOTHER CRISIS in the petroleum sector and yet again a short-term solution and the bottomline — no lessons learnt from the entire episode. This time it is a shortage of cooking gas (LPG) ostensibly due to a planned shutdown at ... More

ECONOMY

Eurozone caught in a statistical tizzy
THE major European Union economies are passing through a phase of "statistical uncertainty" but the poor record of the main economies is a "side issue" for investors. The region's stock markets are "certainly not ... More

TAXATION

Carried forward indefinitely
T. C. A. Ramanujam on how the law on unabsorbed depreciation allowance has evolved More

A hand as fruitful as the land that feeds us
IN KING Henry VIII, you can hear Lovell extol, "That churchman bears a bounteous mind indeed, a hand as fruitful as the land that feeds us." Which is what, I guess, the poor and the needy would have said when ... More

How far does the new `for' go
Joseph Prabakar analyses the change in service tax definition impacting certain activities carried out as job work More

Arms of entanglement
Mohan R. Lavi discusses the amended transfer pricing rules in the UK More

Is law tunnel-visioned
R. Anand on a case that threw light on the definition of blindness More

ECONOMICS

Running a business is tougher than chess
"Failure is all around us. Failure is pervasive... Failure is the most fundamental feature of all systems," writes Paul Ormerod in Why Most Things Fail: Evolution, Extinction and Economics. Unhappy with the preoccupation of mainstream economi cs with `stability, order and equilibrium', Ormerod tries once again, with his new book, to coax the failing discipline out of its `intellectual inertia', by challenging theories to some reality testing, says D. Murali. More

TRENDS

Calculus of happiness
WHEN IS one `absurdly happy'? Maybe, when one is having the ice-cream of one's choice in the pleasantest of surroundings and company, with not a care to disturb the state of one's mental solace and feeling of contentment. Or, maybe, when one ... More

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