Business Daily from THE HINDU group of publications
Thursday, June 07, 2007
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OPINION

EDITORIAL
Inflation: Only a skirmish won
The fight against inflation is far from over. The Government must augment supplies and rein in food prices. More

AGRICULTURE
Agriculture: Still hoping for succour
How many of us ever think of the farmer who toils to put the food on our tables? More than 60 crore Indians are engaged in agriculture. Do we have a common market? Why are we being dictated to on what is good for us? And why cannot the agricultural f raternity break loose from its bureaucratic mindset, asks K. P. PRABHAKARAN NAIR, who says there is something inherently wrong in the way the country looks at the farm sector. More

ECONOMY
Disparities in global assets
Wealth creation and ownership can be accessible to all, if governments discourage corruption in every form and ensure inclusion by facilitating financial assistance to asset-less households. More

ACCOUNTANCY
The fall from favour of preference shares
A recent amendment treats all preference shares issued to non-residents, other than compulsorily convertible preference shares, as "loan" which requires conformity with the ECB guidelines. More

CORPORATE GOVERNANCE
Act proactively to pre-empt fraudulent behaviour
A number of players in the knowledge processing outsourcing space in India do not allow their analysts access to local hard drives, disable the use of pen drives and prevent access to Internet mail. MR R. BENTON ARMSTRONG, GLOBAL LEADER, FORENSIC TECHNOLOGY SERVICES, PRICEWATERHOUSECOOPERS. More

Directors' role in fraud prevention
It makes significant business sense for directors and managements to implement policies, procedures and controls that help their companies' mitigate the impact of fraud. More

BOOKS
Evasion of CAG audit
State audit in its present from was introduced for the first time in the UK in 1866, thanks to the missionary zeal of the then Finance Minister, writes B. P. Mathur in Government Accountability and Public Audit ... More

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