Financial Daily from THE HINDU group of publications
Thursday, February 20, 2003
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OPINION

EDITORIAL


The Tokyo message
THE TOKYO MINI-MINISTERIAL has served as yet another warning that the road ahead for international trade reforms under the WTO aegis is littered with obstacles, some of which can derail the process altogether. Interestingly, not all of these ... More

ECONOMY


Budgeting for growth
Restoring the growth momentum of the economy must be a top priority for the Finance Minister in his forthcoming Budget. For this, the focus must be on, among other things, stepping up public investment, providing incentives to domestic savings, influ encing the deployment of capital and creating more job opportunities for the weaker sections, says S. D. Naik More

ACCOUNTANCY


Directors' loans in deposits fold
N. R. Sridharan on a recent amendment to the deposit rules More

Take and give
WHEN a postman delivers a money order to you, he stands there scratching his head, and you get the message. In some places, those who hand you the registered letters too ask for something, even if the mail were from the Institute intimating that ... More

The Chuck attack
A new report on Enron fuels US crackdown on corporate tax fraud More

Audit committee conundrum
Setting up audit committees to improve corporate governance will work only if the basic definitional problem of who an `independent director' is gets sorted out, says N. R. Moorthy More

DISINVESTMENT


New roadblocks to divestment
IF THE Disinvestment Minister, Mr Arun Shourie, thought he had won the battle against those opposing the disinvestment of government equity in HPCL and BPCL, the recent compromise all but came unstuck in Lok Sabha with opposition even from such ... More

RAILWAYS


Railway electrification projects — Running on the wrong track
A NEW management guru has arrived, or so it seems. The Railway Minister, Mr Nitish Kumar, appears all set to prove his sceptics wrong by claiming that the primary reason for the increase in freight and passenger traffic and the consequent ... More

LETTERS


  • Senseless arm race
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