Financial Daily from THE HINDU group of publications
Thursday, April 27, 2006
Markets (April 26)
BSE Sensex11938.53(+291.75)
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OPINION

EDITORIAL

Doha Round in a logjam
Needed, a breakthrough on farm tariffs of the West and the import duties on manufactures from developing countries. More

ACCOUNTANCY

How opaque Kumar got kicked, got wild, and got a lifer
Was Kumar `more a reformer than a wrongdoer' as his defence used to say in 2004? Is he a scapegoat? More

Cart before horse
The launch of MCA 21 is ill-timed More

Pension, a ticking time-bomb?
Global pension accounting standards are fairly incomprehensible More

Towards accrual
Not much is written about government's financial systems. Which is what makes Rethinking Public Accounting by S.K. Das, from Oxford (www.oup.com) important. As you may know, cash basis and single entry are bookkeeping relics that ... More

POLITICS

For efficiency-enhancing subsidies
Designed appropriately, subsidies do not have to distort the economy. Consumers will buy more of a product sold at a low price even if the last units consumed have a correspondingly low value to them. By giving consumers cash instead of subsidised p roducts, the government can deliver more value to low-income households while reducing the financial loss of subsidies — a win-win for all, say ROGER NOLL and T. N. SRINIVASAN. More

CREDIT POLICY

The Monetary Policy pause...
... And the contrarian Governor
Against all expectations, the Governor did not raise rates. But the contrarian approach runs the risk of market men playing games to counter the effects of the Monetary Policy. More

EVENTS

Bangalore's trauma
It is indeed sad that sycophancy should send the whole of Bangalore reeling into the abyss of mob frenzy. The passing away of cinema artists with mass following, such as N. T. Rama Rao, M. G. Ramachandran, ... More

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    Top Stories
    Posco to invest $200 m this year

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    Revised target in direct taxes may be missed
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    In Focus
    Infrastructure woes stare IT sector
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    In Depth
    Bihar Diary
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    Gender Justice
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    Looking back
    Apr. 16-Apr. 22
    Has Arcelor been softened?
    An exercise in political economy

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