The Hindu Business Line : Monday, November 26, 2007

EDITORIAL
Broad-basing tax reform
Rationalised tax levies have helped expand revenues and raise the tax-GDP ratio. But fiscal reforms still have a long way to go. More

ECONOMY
PERSPECTIVE
The declining role of property
The role of property is declining rapidly and radically in the context of modern marketing scenario. The implications are enormous and far-reaching. The capitalist economy was founded on the concept of possessing and exchanging property in the ... More

BANKING
Time for ‘financial social contract’
As Rousseau said, ordinary voters and democratic politicians have a social contract by which politicians are given political power in return for providing good governance. Likewise, I suggest bankers honour a financial social contract with their depo sitors, says P.V. INDIRESAN. More

FINANCIAL MARKETS
Lessons from US crisis
The crisis is leading to fears that the US credit market may reach a gridlock and the country itself may be facing a recession due to shortage of credit, since banks have problems raising further funds. The problem has spread to European banks as we ll. More

HUMAN RESOURCES
Belling the boss!
Yes, you have read it right! I did not mean belling the cat, but belling the boss — which is lot worse and far more dangerous! The boss is no mewing cat, although he may have some of the feline qualities: Playing cat-and-mouse; having nine ... More

TRADE & LABOUR UNIONS
Unions only pursue membership privileges
CEOs’ enormous salaries and perks have rightly come under public scrutiny;, unions too seem to be fighting for the benefits for their own members paying little attention to the larger interests of society. So it is not surprising that unions ra rely take up issues such as child labour or expanding employment opportunities which will increase their membership. More

INTERVIEW
‘Outward orientation is the need of the hour’
The Indian Banks’ Association is a voluntary body of 150 banks that functions as a platform for addressing issues concerning the banking industry. Every year, the association conducts its annual conference in association with a host bank. ... More

New initiatives to usher in best practices
One of the first things Dr Anil K. Khandelwal did soon after he became the Chairman and Managing Director of Bank of Baroda in 2005 was to adopt a new logo for the bank –The Rising Sun in vermillion, which he called the Baroda Sun. ... More

LETTERS

Organised retail

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P-Note blues

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