The Hindu Business Line : Saturday, August 10, 2002

At no cost
THE RECENT DEMAND by the Institute of Costs and Works Accountants of India on the Government to mandate compulsory cost audit for all companies is unjustified. For one, the concept of cost audit has outlived its utility in the light of the ... More

ECONOMY

Reality check on development
Neoliberal economic policy prescriptions have strangled many economies, protracted socio-economic crisis and widened the gap between rich and poor nations. Devising social development strategies to bridge the gap in the distribution of wealth and im proving the productive capacity of the people in developing nations will go some way in narrowing the gap between rich and poor nations, says P. Nagarajan. More

From drought to fiscal emergency
NORTH India consists of Uttar Pradesh, Haryana, Punjab, Jammu and Kashmir and Himachal Pradesh. It produced 30-32 per cent of India's food production in the early 1970s. In the early 1980s, this proportion increased to 38-40 per cent. In the ... More

The politics of interruptus
WE used to think that Mr Yashwant Sinha was the one and only `rollback' man. But recent events have brought more names into the R-league, not counting all the politicians who first roll out their tongue, and then disown the attributed quote. ... More

TAXATION

A simple test on `current repairs'
T. C. A. Ramanujam looks at two recent cases to find out the whether expenses incurred for `current repairs' are deductible More

Neither usual nor ordinary
R. Anand on a recent Gujarat High Court ruling that gives a strange interpretation to the status of RNOR More

Too late, too early
OVERTIME allowance is well known, now there is overtime tax. Thailand's Customs Department has decided to impose `overtime' taxes for customs-clearance services outside standard operating hours. This could make Thailand the only country in Asia ... More

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`Disk storage market grew 64 pc in 2001'

Cross-selling, the new mantra for pvt banks

Mortgage-backed securities begin to gain acceptance

Dry spell may hit cotton

HPCL says not interested in MRPL preferential offer

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Jul. 28-Aug. 3
FDI confidence — While Asean revives, India struggles

Heading towards a hunger trap

The Powell-Musharraf connection

Cleansing the electoral process

Striving for a bone bank

Gangster economics