The Hindu Business Line : Thursday, December 13, 2007

EDITORIAL
The oil burden
For several reasons, the Government may not be able to escape its obligation to align domestic fuel prices with global levels. More

ACCOUNTANCY
Internal auditors should learn new skills
Internal auditors must move away from a traditional approach to auditing centred on an annual audit plan, and operate within a faster, more flexible scheduling and planning model. By adopting continuous auditing techniques they can provide more assur ance at less cost. More

CONTRA ENTRY
‘Appreciating’ IT’s levers
Murmurs of the high profit margins of IT services firms coming down have been going around for some time now quite. Rising wages coupled with increasing costs of operation have been pointed out as reasons for downward pressure on margins. In ... More

POLITICS
Pakistan: Uncertain times ahead
It is unlikely that Pakistan’s major opposition leaders, Ms Benazir Bhutto and Mr Nawaz Sharif, will boycott the elections scheduled for next month. And it remains to be seen whether Gen Musharraf will resort to “political engineeringR 21; to put in place a political dispensation of his liking. Whatever the outcome of the elections, Pakistan is heading for a politically turbulent period, says G. PARTHASARATHY. More

POWER
Does higher power use mean faster growth?
A close connection is observed between economic development and consumption of energy. The developed countries have higher per capita incomes and high energy consumption. It follows that we need to increase our consumption of energy to catch up ... More

INTERVIEW
Broad consensus needed on policy direction
The Indian economy has strong momentum and the policy direction of the Government supports it. The stock market may be more volatile, but I expect continued strong economic growth. More

IPOS
Leveraged IPO investments
With IPOs being aggressively priced, thanks to the rat race among the participants in the book-building exercise for hogging shares, investors on the fast-track are having to look for institutional finance in order to be able to leverage their ... More

LETTERS

Relief for senior citizens

FII inflows

Tax burden

Bank wage revision

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