The Hindu Business Line : Thursday, April 03, 2008

EDITORIAL
When lobbies clash…
As producers of steel, iron ore, forgings and auto components lobby against one another, should the Government tinker with duties to favour one or the other? Certainly not. More

ECONOMY
Testing the limits of market economy
The primary economy ought to be bridled with some price or other controls that would take the benefits of natural resources to the people who ‘own’ them. More

ACCOUNTANCY
AS-30 imbroglio: The lag and ragtag effects
We Indians have the habit of reacting only when a major crisis blows on our face, whereas ideally one should take vanguard action at the hint of a brewing crisis. The Accounting Standards (AS) issued by the Institute of Chartered Accountants ... More

FOREIGN TRADE
The Kaladan Corridor and north-eastern security
We have thus far ensured, in co-operation with Myanmar, that there is no large-scale Chinese presence close to our borders. This could well change if New Delhi dithers in implementing the proposal for developing the hydro-electric potential of the Ch indwin River, close to Myanmar’s borders with Manipur. Energy-hungry China could well move in to get the project implemented, cautions G. PARTHASARATHY. More

INTERVIEW
The standard makes hedge accounting difficult
More

Today the airline pricing system is a black box to the passenger
Dynamic pricing is a result of the airline industry evolving to understand the various market segments booking on the flights, as well as improvements in forecasting techniques. More

BOOKS
Bribe engineering
There can be four ways for an engineering company to pay X a `legal bribe' writes John Perkins in The Secret History of the American Empire (www.landmarkonthenet.com). One, the company could arrange to lease bulldozers, cranes, trucks and other ... More