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Thursday, September 25, 2008
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OPINION

FINANCIAL MARKETS: Regulate… in right measure
The present crisis in the global financial system is being compared to some of the biggest in history such as the Great Depression of the 1930s. Each new day brings news of another financial institution failing or getting bailed out by ...

FOREX: Weak economy, strong currency
There are many in India wondering why the rupee is depreciating against the US dollar when the US economy is down with its financial system collapsing like a house of cards. The answer lies in the lead that the US took way back in 1944 ...

INTERVIEW: ‘Accounting guidance needed on revenue recognition in layaway sales’
Not only is the retail sector in India seeing a number of new entrants, but also new and interesting formats like home shopping via television channel and online portals (e-commerce). Layaway sale — a popular concept in countries ...

ACCOUNTING STANDARDS: Impact of IFRS convergence on tech companies
In line with the global trend, the Institute of Chartered Accountants of India (ICAI) has proposed convergence of Generally Accepted Accounting Standards (GAAP) in India with the International Financial Reporting Standards (IFRS) effective April ...

BOOKS: World theatre for CAs
Seeing the WTO (World Trade Organisation) as an integral part of today’s economic activity, the Institute of Chartered Accountants of India has brought out Introduction to WTO and Opportunities for Chartered Accountants ...

EDITORIAL: Easing inflows
The Finance Ministry has brought some cheer to the industry in the gloomy aftermath of last week’s spectacular events on Wall Street. The liberalisation of External Commercial Borrowings (ECB) limits for infrastructure projects from $100 ...

LETTERS: Market capitalism
...

LETTERS: Quick decisions
...






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Markets (Sept 24)
Nifty (at close)4172.25(+45.35)
US Dollar (Buy/Sell)45.80/81
Brent crude (a bbl) Rs4,663
Gold (a gram) Rs1,174
Silver (a kg) Rs20,300


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