The Hindu Business Line : Thursday, January 09, 2003

Exchange Traded Funds — Web of Spiders and Vipers beckons
AFTER nearly a decade of the bourses seeing few innovative products other than the derivatives, the Indian investors are about to embark on the complex world of Spiders, Vipers, WEBS, Diamonds and Cubes. Just last week, Prudential ICICI Asset ... More

EDITORIAL

Rivers of ambition
GOING BY INDIA'S track record in completion of mega infrastructure projects, the super giga project for interlinking the major rivers — primarily to avoid droughts and floods — appears far too ambitious, on all counts. At a time when ... More

ACCOUNTANCY

Towering over the watchtowers
N. R. Moorthy looks at the recommendations of the Naresh Chandra Committee on audit independence More

When brands go hybrid
S. Murlidharan asks whether cross-branding makes sense other than on costing ground More

New account
NORMALLY, the dawn of the New Year does not really matter for accountants because they live in a different world where the first day of the year is All Fools' Day. They live from fiscal to fiscal, sometimes abbreviated to fisc, more to rhyme with ... More

INFRASTRUCTURE

Groundbreaking airport?
I was in a tearing hurry to reach the 11th groundbreaking ceremony of the proposed international airport at Devanahalli, and was stuck in one of Bangalore's morning traffic jams. I knew the organisers would be punctual, as otherwise rahu kalam ... More

TAXATION

Kelkar proposals: The missing objectives
The recommendations of the Kelkar panel do not lead to high growth of investment. The final report has failed to understand the dynamics of savings and investment in the economy. The need today is a saving rate of 30 per cent and an investment r ate of 34-35 per cent, says M. Y. Khan. More

LETTERS

EPF deposits

Kelkar proposals

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