Business Daily from THE HINDU group of publications Thursday, December 11, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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OPINION TERRORISM: Washington riveted on Mumbai aftermath As temperatures drop below zero in Washington DC, two domestic subjects dominate the discourse in the American capital — the economic meltdown and the transition to the Obama Administration. Externally, however, the predominant focus ... INTERVIEW: The power pricing puzzle Time, in The Winter’s Tale, speaks of ‘that wide gap, since it is in my power.’ Perhaps, in current times, we are experiencing a wider gap in power, between demand and supply. A solution may yet be in ... ACCOUNTANCY: Classification conundrum There is a quote that says that “An accountant is a person who knows the cost of everything and the value of nothing”. With the global move now from cost to market-value accounting, accountants would in future be regarded more as ... ACCOUNTING STANDARDS: Embedded derivatives International Accounting Standard 39 (IAS-39) and the proposed Accounting Standard 30 (AS 30) require derivatives to be marked to market with changes recorded in profit and loss (P&L) account or appropriated for hedge accounting ... BOOKS: The fraud triangle Opportunity, pressure, and rationalisation are the three sides to the fraud triangle, states Implementation Guide to Risk-based Audit of Financial Statements ( ... EDITORIAL: Stimulus and response At first glance it is puzzling that a three-pronged stimulus package should not have elicited the warmest response from credit-starved markets and the organised economy. Remember that this package came months after a sizeable ramp-up in ... ECONOMY: The trouble with boosters The problem with discretionary fiscal policy as an effective counter-cyclical policy, says the October edition of the IMF’s World Economic Outlook 2008, is that its success hinges on many factors including — in ... ACCOUNTANCY: The Siamese twins statements A company might have recorded an impressive jump in profits mainly through spurt in volumes. Yet it could be cash strapped. An US power major in fact pulled wool over everyone’s eyes, including over those of the redoubtable firm of ... LETTERS: Poor substitute This refers to the report “Bad tidings for newspapers” (Business Line, December 10). It is disheartening to note that the Internet has pushed the newspaper industry in the US into a lot of difficulties such ...
LETTERS:
Reduce State VAT rates Columnists: C Gopinath Harish Bijoor G Chandrasekhar S Muralidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranbir Ray Choudhury P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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