Financial Daily from THE HINDU group of publications
Saturday, June 29, 2002
Markets (June 28)
BL 2501130.88 (+9.18)
BSE Sensex3244.70 (+27.55)
S&P CNX Nifty1057.80 (+9.25)
Dollar (Buy/Sell)48.83/48.96
Gold Std (10 gm)5300

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OPINION

ACCOUNTING STANDARDS


From World Cup to WorldCom
WORLD Cup is the mother of all international soccer competitions, and WorldCom, the mother of all evil accountants. While their traditional rivals, the accountants, are in a spot, the economists are just sitting back and watching the fun, when ... More

EDITORIAL


Audit questions
IT HAS NOW become apparent that the controversy surrounding the accounting practices of WorldCom is really not so much about some esoteric treatment of `capital' and `revenue' that causes so much hair-splitting among accountants. It is really ... More

ECONOMY


World economic order: New challenges under WTO
There is a high level of interdependence among the various countries; no nation can survive in isolation. It becomes imperative on WTO's part to balance the fruits from international trade between the developed and developing countries; any talk abou t just trade may be incomplete unless its benefits reach every economy, howsoever strong or weak it may be. More

POLITICS


Musical chairs
THE Prime Minister has said that the Cabinet reshuffle the nation has been expecting for some weeks will now take place "around July 1". As is usual in such circumstances, a whole lot of permutations and combinations have been offered in an ... More

TAXATION


Long on the buy
S. Murlidharan on Sterlite's buyback move More

Pay the squatters
The cost involved in eviction of encroachers should be considered in working out the tax payable, says T. C. A. Ramanujam More

Public black hole
TO STAY in power, governments have to demonstrate that they care for the people which is most easily done by seeming to spend more on services, and that pinches resources till a point comes when it is necessary to raise taxes to rake in funds ... More

  • Company responds

    EXPORTS & IMPORTS


    What hampers Indian exports?
    THE growth rate of India's exports over fiscal 2001-02 was a negative 0.08 per cent — a big climb-down from the 11 per cent compounded average annual export growth over the last 10 years. One may seek comfort in the fact that in 1991 most ... More
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  • Top Stories
    NHB to get mortgage-backed securities listed on NSE


    Buying online no bait for shoppers, says study

    IA Bharat Darshan scheme for tickets worth Rs 1 lakh

    Grains output seen at 211.3 mt — Record rice production; cotton, oilseeds, cereals recover

    Poor show by traditional items causes negative export growth

    What hampers Indian exports?

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jun. 16-Jun. 22
    US Farm Bill and return of swadeshi `Yankee style'

    How the US subsidises its farmers

    Will he get the science of Constitution?

    The big bucks of terrorism — Strange colour of Kashmir's money

    SAIL: Can the rusting be stopped?

    How to join the millionaire club


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