The Hindu Business Line : Thursday, November 13, 2008

WEB EXTRAS

ECONOMY: The financial crisis will hit our aging agenda hard
The most immediate effect of the financial crisis is the destruction of housing and financial wealth, especially in the equity markets.. Financial fire-fighting has become a daily occurrence at almost every level. While at the household point ...

AIRLINES: Bengaluru airport incurs Rs 130-cr loss in H1 on traffic dip, airlines’ dues
Bangalore, Nov. 12 Barely six months into operation and troubled times in the air have started telling on the Bengaluru ...

ACCOUNTANCY: Road to global relevance?
The Companies Bill 2008, currently inching its way through the legislation process, has evoked interest among professionals, as during the many earlier occasions. Perhaps, things may pan out differently this time, making our corporate law ...

ACCOUNTANCY: Should competition law focus on `concentration'?
Globally, most competition regulators put greater emphasis on concentration or market share, while deeming which all combinations should fall within its ambit.. The Competition Act, expected to be operationalised soon so as to supersede the ...

ACCOUNTANCY: AS on local bodies
With the issue of the trilogy of Accounting Standards on Financial Instruments — AS 30, 31 and 32 — the Institute of Chartered Accountants of India (ICAI) has come almost the distance to benchmark themselves with the ...

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Markets (Nov 12)

Nifty (at close)	2848.45(-90.20)
US Dollar (Buy/Sell)	49.30/31
Brent crude (a bbl) Rs	2,605
Gold (a gram) Rs	1,101
Silver (a kg) Rs	16,860

In Focus
Pravasi Bharatiya Divas, Singapore

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Looking back
Nov. 2-Nov. 8
Slowdown, firm $ driving down cotton prices