The Hindu Business Line : Thursday, July 27, 2006

EDITORIAL
Breakdown in Geneva
To blame, rich nations' failure to work out compromises on NAMA demands acceptable to the developing countries. More

AGRICULTURE
Why farming has become unviable
Falling profitability of farming operations, the drying up of non-farming opportunities and the growing fragmentation of landholdings all make agriculture a losing proposition. Three-fourths of Indian farmers take home less than Rs 3,000 a month. T hat is roughly 60 per cent of the starting salary for a government attender! More

ECONOMY
India should strengthen its database
Given the lack of detailed data on the unorganised sector, much of the discussion on the economy is centred on India Inc, resulting in a distortion in policy formulation and deficiencies in resource allocation. The setting up of the National Statisti cal Commission is thus good news, says R. VAIDYANATHAN, hoping that it will oversee the building up of a reliable and timely statistical database to aid planning. More

ACCOUNTANCY
Interest rates never cease to hold interest
Lady Macbeth, with `a heart so white' says, `A little water clears us of this deed' and exclaims, `How easy is it, then!' The recent hike in reverse repo rate by 25 basis points may likewise seem little for bystanders. Because the change is ... More

Remembering India's first woman CA
The year, 1930. Fresh after the release from Vellore prison, a 23-year-old wondered what the future held for her. Her mind was full of patriotic feelings but her family compulsions were different. She boards a train to Taliparramba, a remote ... More

POLITICS
Messy situation
The civil nuclear deal between India and the US continues to be rocked by controversies. The latest to join the camp of critics is Mr K. C. Pant, who had been part of the establishment and who, having been an ... More

BOOKS
Imperative to have independent auditors
Capitalism at crossroads. Corporate misgovernance in India. Series of scams that shook investor confidence... With these startling sections begins chapter 1 of Corporate Governance: Principles, Policies and Practices, by A.C. Fernando, ... More