Financial Daily from THE HINDU group of publications
Thursday, May 18, 2006
Markets (May 17)
BSE Sensex12217.81(+344.08)
S&P CNX Nifty3635.10)(+111.80)
US Dollar (Buy/Sell)45.22 (-0.28)

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ACCOUNT SPEAK


A quarter billion records in a mammoth accounting reconciliation
Classified under `Culture' is this story, on http://washingtontimes.com, dated May 16: `Accounting for lost trust,' by John Heilprin of Associated Press. "What is ground zero for an accounting that will take seven years and cost ... More

BOOKS OF ACCOUNT


Good policy plus service delivery
This book is from PAC. Not the Public Accounts Committee, but Pubic Affairs Centre (www.pacindia.org), "a think-tank cum citizen action support group dedicated to the cause of improving the quality of governance in India." It has brought ... More

INDIA UNINC


Reservations: Let down by weak data
The Government's move to introduce reservation in the private sector may have the lofty aim of enhancing social justice. But it is unfortunate that policy formulations with such far-reaching implications are to be based on such a meagre and suspect d atabase, points out R. VAIDYANATHAN. More

STICKLISH SINGLES


Cartoon
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EAR TO THE GROUND


Aksh Optifibre high on MF buying
The Rs 5-face valued Aksh Optifibre stock is inching ahead, a trend being attributed partly to buying by mutual funds. On Wednesday, the counter closed 6 per cent higher at Rs 86 on the NSE. Trading volumes these days are also looking up, ... More

Electrosteel up on overseas issue
The Electrosteel Castings scrip, which rose 4 per cent to close at Rs 406 on the NSE, has gained in the wake of talk that the company has worked out an overseas issue. The stock, which is still some way off its 52-week peak of Rs 490, is however ... More

SENSOR


Metal stocks stage sharp recovery
India emerged the leader in the market rally across Asian markets on Wednesday. With a gain of 344 points, its biggest rise in eight months, the BSE Sensex has managed to recoup much of the loss it suffered on Monday's trading session. Metals ... More
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Top Stories
The Left: Getting it right


Tax breaks for donations to political parties may be removed

Regional rural banks to market MF units

RBI Act amendments: `Positive for banking sector'

Petroleum, gas regulatory board to be in place soon

Now, Pakistan buying Indian chana

Reservations: Let down by weak data

GMR begins work on Hyderabad airport project

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
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Looking back
May. 7-May. 13
Problems by the box-full


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