Financial Daily from THE HINDU group of publications
Thursday, April 24, 2003
Markets (April 23)
BL 2501007.28 (-6.77)
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Dollar (Buy/Sell)47.30/47.43
Gold Std (10 gm)5270

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OPINION

EDITORIAL


Regulatory overkill
THE CONFUSION OVER the regulatory framework for pension schemes offered by the insurance industry is entirely avoidable stemming as it does from the Government's reported determination to float a new supervisory authority for overseeing its ... More

ECONOMY


Empowering domestic trade
THE economic importance of domestic trade, its potential not only to generate but also enhance employment, income and consumer welfare thereby contribute to overall economic development is well recognised. Domestic trade is an integral part of ... More

ACCOUNTANCY


Suit versus proceedings
Is there a difference beyond the semantics? Mohan R. Lavi says, perhaps, the Supreme Court decision needs to be revisited. More

Nothing to share
GIVEN a choice, not many may opt to meet an accountant in preference to a dentist, salesman or an ex-spouse. Accountants shun people; and vice versa. So, when the American Institute of Certified Public Accountants (AICPA) joins an initiative to ... More

WTO may well continue to TRIP
When the grant of patent is subject to the compulsory licensing regime, the patent-holder cannot hold out by sitting on his invention... Can the WTO not save considerable embarrassment to the member-nations by vesting itself with the right to grant patent? Should not the function of grant of patent be assigned to an impartial body than to the governments of the member-states? More

CREDIT POLICY


Will priority sector lending be in focus?
The Credit Policy may be the appropriate launching pad for fresh initiatives in sprucing up priority sector lending. Another area the central bank needs to concern itself with is that of transparency in the disposition of forex reserves. Given the co mpulsions on countering the inflationary trend, however, it is likely that the Policy will be tepidly safe, which is perhaps just as well, says S. Venkitaramanan. More

HUMAN RESOURCES


Uncertain prospects
YEAR1999. Rumblings began when the giant finance company Long Term Capital Markets collapsed all too suddenly. What ensued in the following years is an unprecedented avalanche; bottoming out of hi-tech companies, disappearance of dotcoms and ... More

LETTERS


  • Bonded labour
  • GDP woes
  • Tailor-made drugs
  • Good governance
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