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INTERVIEW: `China has run out of road with its low-cost labour strategy'
Teenage labourers, torn between corruption and administration, and a communist nation with capitalist ambitions and home to the cheapest goods one can ever desire: that pretty much sums up China these days. Their price does the trick, and that ...

ACCOUNTANCY: The metamorphosis of Standards
There is a saying, “Old accountants never die, they just get out of balance.” One could probably tweak that a bit and say: “Old accounting standards never die, they are changed with the changing times.” ...

BOOKS: Start early, and retire peacefully
Retirement planning is an integral part of financial planning, says Madhu Sinha in Financial Planning: A Ready Reckoner ( www.tatamcgrawhill.com). “Everyone wishes ...

EDITORIAL: Moody’s blues
The Indo-US nuclear deal that cleft the ruling coalition and gave the UPA Government new allies in the Samajwadi party may yet have a tortured passage to fruition but its potency in shaping India’s near future is not restricted to political ...

STOCK MARKETS: Do circuit filters calm down passions?
Circuit filters were introduced in 1987 for the first time in the US following a precipitous market crash. In India, the Securities and Exchange Board of India (SEBI) mandated both market and individual scrip circuit filters in 2000. ...

LETTERS: Lead Bank Scheme
With reference to “Revitalise the Lead Bank Scheme” (Business Line, August 6), there is a pressing need to revamp and revitalise the Lead Bank Scheme so as to make it an effective instrument for bringing about ...

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