The Hindu Business Line : Monday, July 28, 2003

Commoditised Accountant
THE ICAI GOVERNING Council has given an in-principle nod for the introduction of a mandatory "audit firm rotation" system, and the accounting body plans to obtain the views of its members in a referendum to clothe the move with the stamp of ... More

ECONOMY

HDR 2003 and the Millennium Development Goals — Each country to chalk out own strategy
THE Human Development Report (HDR) 2003 brought out by the UNDP has been the subject of special attention, particularly because India's rank in terms of human development indicators has hit a new low. It stands at a ... More

Making Rural India magnetic
The rural development model of the last 50 years has helped villages little, though governments have wasted thousands of crores of rupees on infructuous projects. If private enterprise, to develop the market, wants to make villages `attractive', it m ust try something very different, says P. V. Indiresan. More

A damaging World Bank report
The World Bank's development policy review report on India suggests not only that the development road ahead is long and very difficult, but also that if the right steps are not taken now the economy could be in grave trouble. More

Cause of poverty
SCHOLARS round the world have for years been hard at work on a number of theories to explain the levels of affluence and poverty of nations. The broad consensus used to be that resources are critical in maintaining a ... More

EDUCATION

The other `e' in education
MANAGERS are fond of using the word `strategic' as a prefix to anything they consider important. The generalized use of the word has diluted the original meaning. Similarly, the letter `e' has appeared as a generic ... More

STOCK MARKETS

SEBI `whip' hurts investors
SEBI recently introduced two whips to listed companies, but these appear to be more a knee-jerk reaction to a few instances in which the schemes approved by courts contained certain provisions not in line with SEBI`s ... More

DERIVATIVES MARKETS

To a delivery-based market design
THAT the National Stock Exchange (NSE) reported record volumes in the derivatives segment on July 25 may have a lot to do with the fact that the contracts are cash-settled. This article argues that the stock exchanges ... More

LETTERS

Brain drain

Defence spending

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