Financial Daily from THE HINDU group of publications
Thursday, December 01, 2005
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OPINION

ACCOUNTING STANDARDS


Not standard fare
IAS 39 is probably the most complex and resource-consuming standard for large companies to apply, says Mohan R. Lavi More

EDITORIAL


Keeping drugs affordable
THE GOVERNMENT PLAN to peg prices of drugs supplied to the hospitals sector at 50 per cent of the MRP (maximum retail price) may not be the best, but is certainly the closest the Centre has got to addressing the issue of affordability of ... More

TELECOMMUNICATIONS


The substitution effect on Access Deficit Charge
What are the implications of the ADC from a public finance point of view? First is the substitution effect. The ADC is analogous to a commodity-specific tax, being the charge on a specific telecom service (international long distance). More

BUDGET


A rut of recommendations
R. Anand on the need to rev up the pre-Budget memorandum process More

ACCOUNTANCY


Different `reserves' and deepwater economics
TILL March 2003, there was no accounting literature on the oil and gas industry, notes Ernst & Young (E&Y) in a chapter included in Oil & Gas Exploration and Production in India: A Reference Book, from Infraline ... More

On how balance-sheets weather global financial storms
THE Bank for International Settlements "fosters cooperation among central banks and other agencies in pursuit of monetary and financial stability," informs www.bis.org. The site is a must-check for accountants, because it contains useful ... More

WTO


WTO Hong Kong Ministerial — Will a consensus emerge on crucial issues?
WTO's so-called bad construct, political intransigence and little headway on crucial issues could see the Doha Round stymied in Hong Kong, says M. R. Venkatesh. More

MARKETING


Looking for good advice
The world has moved on beyond the professional expert to a new breed — the well-informed, expert-user, rather like the motorcar buff or racing enthusiast. And the new phenomenon of buyer communities comes into its own. More

LETTERS


  • Development of SMEs
  • Bihar myths demolished
  • Weather reporting
  • Bomb scare
  • Credit card concerns



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    In Focus

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    In Depth

    Gender Justice
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    Looking back
    Nov. 20-Nov. 26
    Domestic container traffic in a jam


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