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Thursday, November 26, 2009
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OPINION

INTERVIEW: Financial stability vs innovation
At the heart of many branches of ancient Chinese science and philosophy is ‘yin-yang,’ a concept that describes how seemingly opposing forces are interconnected and interdependent. It is also a primary guideline of ...

FOREIGN TRADE: PM’s visit to US: A damp squib
The nebulous platitudes with which the joint statement of the US President, Mr Barack Obama, and India’s Prime Minister, Dr Manmohan Singh, is replete would have come as a jolt to even the most ardent aficionados of India and the US. A ...

ACCOUNTING STANDARDS: A boon to the India growth story
The increasing complexity in the financial world over the years accentuated the development of a complex set of financial reporting standards to restrict abuse. Transactions were structured to achieve a desired accounting result, despite ...

ACCOUNTANCY: Dividend will not be tethered to reserves
The Companies Bill, 2009 (the Bill) does not break any significant ground as far as dividends are concerned. They would remain the directors’ preserve insofar as timing and quantum thereof are concerned. The hands-off policy towards ...

BOOKS: Gold in crisis times
‘Magneto trouble’ is the title of a chapter that tells the story about the period 1930-31 in Lords of Finance: 1929, The Great Depression, and the bankers who broke the world by Liaquat Ahamed ( ...

EDITORIAL: Dollar rain
Emerging markets, India included, had better get their umbrellas out because the drizzle of dollars that they are seeing now could well turn into a downpour. Thanks to the extraordinarily generous “stimulus” packages that the US and ...

CORPORATE GOVERNANCE: Class-action suits in the Bill
In the 4th Century BC, Kautilya, in his Arthashastra, laid down simple principles of corporate governance — dharma without wealth is toothless and wealth without dharma is useless. In these days of constant ...

FOREIGN RELATIONS: India should play its cards wisely
The Persian-Arab conflict. Just as the hapless people of Iraq emerged from the trauma of the American invasion and the consequent ethnic and sectarian violence that engulfed their country, the fledgling democratic Government was confronted with ...

LETTERS: Verifying motor vehicle claims
This is with reference to the article “Now, a mechanism to verify past motor insurance claims” (Business Line, ...

LETTERS: Co-op banks
This refers to the editorial “Propping up co-op banks” (Business Line, November 25). The RBI’s proposal for creation of a non-deposit taking NBFC set-up does not appear sound as the cost of services could ...


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 (Nov 25)
Nifty (at close)5,108.15 (+17.60)
US Dollar (Buy/Sell)46.20/21
Brent crude (a bbl) Rs3,573
Gold (a gram) Rs1,553
Silver (a kg) Rs29,895


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