concrete solutions.
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ACCOUNTANCY
Credits and debits of credit rating
K. Parthasarathi on measures that can improve the working of credit rating agencies
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Information obfuscation in notifications
Legal notifications should be informative and transparent, says N. R. Moorthy
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GLOBETROT
More to mop up and more to sweep
THE auditor industry is cleaning itself up, reports AccountingWeb. Mops had to work faster because of various factors, such as the attention bestowed on the profession by the US Congress, creation of the Public ...
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Just too many bones to number and fix
ASI, we all know, is Archaeological Survey of India. But why is ASI doing the rounds in the Institute of Chartered Accountants of India? Not because the Department of Company Affairs is intent on burying the autonomy of ...
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RBI & OTHER CENTRAL BANKS
Market Stabilisation Bills/Bonds — Mopping up the excess liquidity
The economy is awash with funds, and the Reserve Bank of India needs to mop it up. But the traditional methods may not be effective. Market Stabilisation Bills/Bonds are an option, says A. Vasudevan, but wants the RBI to encourage the Governme nt to contain the fiscal deficit and help implement other non-price measures such as capital account and trade liberalisation, and reduction of high-cost external debt obligations.
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BOOKS
Poverty is invisible when the curtains are drawn
BUREAUCRATS are rarely respected. Don't ask about politicians who call the shots. If you want to know why, hitch a ride with T. S. R. Subramanian on Journeys through Babudom and Netaland. The book, published ...
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LETTERS
GAIL clarifies
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