The Hindu Business Line : Thursday, July 13, 2006

FINANCIAL SERVICES
Leveraging India Post's strength
The strengths of India Post are its long tradition of handling financial services, its wide reach among the mass market and its credibility and trust, says R. VAIDYANATHAN, arguing that more flexibility and autonomy can help the behemoth provide the latest financial services while making profits for itself. More

EDITORIAL
Mumbai unfazed
Unfairly hit by bombs placed in local trains by invisible terrorists, the megapolis was back on its feet within 24 hours. More

ACCOUNTANCY
On separate paths of standard evolution
Recently, the Reserve Bank of India issued a `discussion paper' on `Derivative and Hedge Accounting by Banks'. This was based on the proposals made by an internal group formed by the RBI to formulate guidelines for the purpose. These proposals ... More

A fair definition of fair value
Fair value is the amount at which an asset is exchanged or a liability settled between knowledgeable parties in an arm's length transaction. More

Disclosures about exposures
Standard Chartered Bank's Indian branches account for the maximum total liability on account of outstanding forward and derivative contracts. The amount as at end-March 2005 is Rs 2,55,403 crore, as per data analysed by Global Data Services of ... More

Opening the gates to property
Real-estate mutual funds should stick to their knitting More

Baby steps in conflict zones
An atypical publication from the Institute of Chartered Accountants of India (www.icai.org) is Government Consulting - Taking the First Steps. What is unusual is the assertiveness right from the foreword. "Consulting, ... More

POLITICS
Reforms hobbled by politics
If only Dr Manmohan Singh, a competent economist and honest politician, is allowed a free hand to do his job, he could emerge an efficient administrator. More

TRENDS
Unfixed relationships
Can your father be your father-in-law or your mother your mother-in-law? It may sound strange, anomalous and paradoxical; yet it is possible. A successful Tamil movie by veteran K. Balachander in the 1980s, ... More

LETTERS

Resilient Mumbai

Agni mission

Levitt's passing

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`Mumbai blasts will not hurt economic growth'

Grave grief, small graces

Rlys mulls permitting pvt players to manage warehouses

Govt clarifies on farm sector FDI

TI to strengthen presence here

Insurance claims process for Mumbai blast victims made easy

OVL has two more weeks to bid for Rosneft stake

Infosys lifts entire sector's morale

Looking back
Jul. 2-Jul. 8
`India is exciting, but not without hassles'

`People's desire to own an affordable four-wheeler has gone up'

`8-9% growth in 11th Plan feasible with a strong fiscal effort'