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Thursday, April 01, 2004

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OPINION

EDITORIAL
Spat over food subsidy
AFTER THE COLLAPSE of the World Trade Organisation Ministerial at Cancun, there are welcome signs of global farm trade again moving in the direction of reforms. Diplomats of the WTO member-countries who met in Geneva recently are sanguine that a ... More

ECONOMY
ILO report on Social Dimension of Globalisation — One more attempt to save the world
The ILO, through its World Commission on Social Dimension of Globalisation, has joined the public discourse on ameliorating the lot of the poor and reducing the imbalances of globalisation. While its report does well in putting the problems in perspe ctive, it falls short in offering concrete solutions. More

ACCOUNTANCY
Credits and debits of credit rating
K. Parthasarathi on measures that can improve the working of credit rating agencies More

Information obfuscation in notifications
Legal notifications should be informative and transparent, says N. R. Moorthy More

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 ... More

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 ... More

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. More

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 ... More

LETTERS

  • GAIL clarifies



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