The Hindu Business Line : Thursday, March 28, 2002

Reading leaves for tea
IT IS TO be hoped the Forward Markets Commission will take all sections of the tea industry and trade into confidence and introduce safeguards before launching futures trading. Though the FMC moved on the direction of the Union Ministry of ... More

ECONOMY

Why inflation figures are not credible
Neither the WPI nor the CPI captures fully the price changes for the services used by urban consumers. And services, especially government-provided, are featuring substantially higher levels of inflation than merchandise. Lack of productivity improve ment in services is what is fuelling the price spiral, says K. Venugopal. More

Nettle that nobody grasps — III: Towards a new bureaucratic paradigm
Adult franchise and adulterated institutions cannot co-exist just as a nation cannot survive, in the words of Abraham Lincoln, half slave and half free. Democracy either runs at full throttle or faces erosion and eventual extinction. Therefore, insti tutions, especially those which are channels of service of "we, the people", cannot be half-accountable and half-callous. More

ACCOUNTANCY

Unwarranted warrants
K. Ramesh says that professionals get unduly harassed by criminal law proceedings under the Negotiable Instruments Act More

Intangibly dichotomous
S. Murlidharan says there is no accounting imprimatur for internally generated brands More

Behind bars
WHENEVER there is a congregation of accountants, it becomes necessary perhaps for the speakers to project themselves as espousing a common cause so that they are seen as champions of the profession. One such cause — that I have been coming ... More

INCOME TAX

Taking a toll on salaried class
THE government has been ruthlessly taxing the salaried class over the past 50 years, making the efficient people pay for the inefficiencies of the others. Who are these inefficient people? The tax-evading business class, and the corrupt ... More

LETTERS

Interest rates

DA hike again!

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Why inflation figures are not credible

No more `touch tone hell'

SBI cuts PLR 50 basis points -- Deposit rates reduced by 25 points

DoT issues guidelines on universal service obligations

Wheat prices dip on rate cut

IA to buy 43 Airbus aircraft

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Mar. 17-Mar. 23
Investing in bear market -- A contrarian indicator

Designs to make people work better

Defence levy: Tax or fine?