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Thursday, June 11, 2009
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OPINION

EDITORIAL: Orchestrating the resurgence
It is perfectly understandable that a feeling of renewed optimism is creeping back into the economy’s stakeholders like a warm glow. The evidence that has been piling up since January suggests that the growing self-confidence is not ...

ACCOUNTING STANDARDS: Universal accounting will boost investor confidence
Global investors rejoice with the growing number of countries moving towards universal accounting standards — International Financial Reporting Standard (IFRS). Globalisation of the world’s capital market has led to the need for ...

POLITICS: Operation Swat strains Pakistan
The Americans seem to be overjoyed at what they appear to believe will be an early end to Taliban control over large tracts of Northwest Pakistan following the ongoing Pakistani military operations in Swat. These military operations were ...

BANKING: Stress test won’t help US banks
Transmission towers carrying electricity are tested to destruction to see how much load they can take. In the world of medicines, stress test is commonly administered, especially to those suffering from cardiac ailments, once again to determine ...

ACCOUNTANCY: Needed, a revised Schedule VI
All along, in the history of accounting and resultant reporting in India, Schedule VI has played midwife between the Companies Act, 1956 and the Indian Generally Accepted Accounting Principles (IGAAP). With a pretext of IGAAP harmonisation ...

CORPORATE GOVERNANCE: Not-so-independent
A Tamil poet sings “Nee Katru, Naan Maram, Enna Sonnalum Thalaya Atuven”, which translates as “You are the wind, I am the tree, I will nod my head to whatever you say”. Going by a recent report by a ...

BOOKS: Murky mining
Offering incentives to foreign investors is not new. But the exercise can cause trouble, especially when the design of incentives is flawed. Take, for instance, Guinea, which introduced, in 1995, a series of advantages for foreign mining ...

LETTERS: Middle-class penalised
The article “Will low interest rates mean reduced costs for firms?” (Business Line, June 6) has looked at the corporate perspective of the cost of borrowing. However, reduction of interest rates is not in ...

LETTERS: Too little, too late
The two articles “Too little, too late?” and “Obama overdoes good guy bit” (Business Line, June 9) gave different opinions on Obama’s Cairo ...


Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh S Venkitaramanan




Comments & Letters to the Editor to: bleditor@thehindu.co.in
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Markets (June 10)
Nifty (at close)4,655.25(+104.30)
US Dollar (Buy/Sell)47.24/25
Brent crude (a bbl) Rs3,313
Gold (a gram) Rs1,366
Silver (a kg) Rs24,960


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