The Hindu Business Line : Saturday, October 21, 2006

EDITORIAL
Mainstreaming the moneylender
Allowing access to easier funds, and by regulating interest rates and loan recovery process, the moneylender can be a benign finance agent. More

POLITICS
Choosing the next President
With the term of the President, Mr A. P. J. Abdul Kalam, coming to an end, the Congress will have to take the lead in choosing a candidate within the next few months. The nation will be best served by the choice of an apolitical public figure, respec ted for his intellectual acuity, professional attainments and record of service to the country, says B. S. RAGHAVAN. More

TAXATION
When courts take differing views
The judgment of one High Court is not considered binding on another. And interpretations of Supreme Court pronouncements vary from one court to another. More

Whither simplification?
The new return forms are lengthy and voluminous More

`Contingent liabilities' against tax litigation, a potential deal breaker
The most important cause for deal failure despite due diligence is culture clash, that is, irreconcilable differences in management and operating styles. MR VIJAY IYER, PARTNER, DELOITTE HASKINS & SELLS, MUMBAI More

Loss baggage
Everybody knows both the state carriers — Air India and Indian (Indian Airlines till recently) — are feeling the heat of competition and are not doing well with the two often treading on each other's toes. Small wonder, the ... More

SUPPLY CHAIN MANAGEMENT
India Post needs a new stamp
With the advent of e-mail, SMS and mobile telephony, letter writing has become passé. But as the mandate for the hard copy continues from the government, legal, accounting and educational fraternity, the ubiquitous postcard refuses to die before ... More

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Looking back
Oct. 8-Oct. 14
Kirit Parikh Report on Energy Policy: Inadequate focus on alternatives

The impolitic stand at Singapore