The Hindu Business Line : Saturday, September 04, 2004

EDITORIAL
Leveraging home loans
THE DECISION OF the National Housing Bank (NHB) to make market in mortgaged-backed securities by offering two-way quotes in such instruments besides extending the facility of guaranteeing their repayment is long overdue considering the character ... More

POLITICS
The first 100 days
THE Manmohan Singh Government has completed its first 100 days in office, and the conventional question to ask it: how has it fared? The first issue, of course, is whether the first 100 days is enough to provide one ... More

TAXATION
The TDS screw gets tightened
T. C. A. Ramanujam on the pluses and minuses in the revised TDS regime More

Invalidity in focus
Mohan R. Lavi discusses a case relating to invalid returns More

The spirit of promissory estoppel
Promissory estoppel is not limited only to cases where there is some contractual relationship or other pre-existing legal relationship between the parties. The principle can be applied even when the promise is intended to create legal relations or af fect a legal relationship which will arise in future, says H. P. Ranina, explaining the doctrine. More

A swim in the troubled waters of a hotel pool to fish for missing reason
THE partners owning Hotel Lake End should have been at their wits end when local authorities came and demolished the boundary wall and the hotel swimming pool. Not because the pool did not need any privacy that a wall ... More

INCOME TAX
Give savings a break
R. Anand on the need for continuing tax incentives for savings More

BOOKS
It costs 32 p.c. of GDP for government to mess up economy
THE record of sorts achieved during the latest session of Parliament when the Finance Bill got passed without any discussion is nothing to feel proud of. So, when one finds that William W. Lewis has a chapter titled, ... More

CARTOON
Sticklish issues
More

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As quotas go, so do apparel export firms

Fashion, retail firms join hands to improve talent pool

Bank stocks see across-the-board buying

Indian Oil plans retail foray into South Africa

Give savings a break

Tea output dips 9 pc; exports increase 22%

Govt may extend limited open sky policy next fiscal

BEML mandated to study high-speed train feasibility

Looking back
Aug. 22-Aug. 28
Energy security — Devise alternative strategies on war footing

Fixed maturity plans: Managing interest rate risks through them

Oil prices and the world economy

Reservation in the private sector — A rational, ritualistic placebo