The Hindu Business Line : Monday, April 04, 2005

A morbid malaise
TAMIL Nadu is perhaps alone among the 29 States of the Union in which a predominant number of the people, young and old, men and women, are inordinately obsessed with every minute aspect connected with movies — ... More

A RINGSIDE VIEW

Benchmarks may move around current levels
RAFTS of the benchmark indices barely escaped out of the jungles infested with bears, albeit a journey through class V rapids, but market is not out of the woods yet. Amid FII outflow from the emerging markets and restraint for Indian ... More

MUTUAL CONFIDENCE

Tech funds outpace others
According to figures collated by Value Research, Franklin Infotech has delivered roughly 59 per cent. More

ADR WATCH

Range-bound movement
THE insipid data on jobs coupled with record oil prices affected the mood for the US equities. The Dow Jones dipped 0.4 per cent to 10,404.30, a level which it did not see since January 24; the Nasdaq shed 0.3 per cent to 1984.81. However, the ... More

VISION 2020

Fringe benefit and the multiplier effect
Taxing fringe benefits may offer immediate small gains but larger losses later on. Taxing such benefits is to lose sight of the cascading effect of perquisites. Citing Keynes' important concept of multiplier, P. V. Indiresan says that if the Government wants to maximise revenue and growth, and minimise poverty, it should encourage perquisites, not discourage them by additional taxation. More

ERRORS & OMISSIONS EXPECTED

The new language of war is language!
A HOT document on the Net from the US Department of Defense (www.defenselink.mil) is not about nukes and wars but about lingo. The DoD released the `Language Transformation Roadmap' only days ago, though ... More

MARK TO MARKET

Derivatives: Contracting the contract size
THE size of the derivatives contract traded on the NSE has been revised with effect from April 1, 2005, as most contracts have exceeded the minimum value of Rs 2 lakh. The NSE should go a step further and halve the ... More

AMERICAN PERISCOPE

New EU constitution: More sceptics than supporters?
AT `InfoPoint,' the information dissemination office of the European Union located at the entrance to the EU Parliament in Brussels, you can pick up all the information you need about the EU. One of the items available ... More

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