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Saturday, April 03, 2004

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OPINION

EDITORIAL
Spring in the rupee
IT IS SPRING and the economy is on song. There is spring in the rupee too, reflecting the good times in the economy. Economic reforms, in the coming months, can only get more dollars flowing in, going by the response to the 10 per cent ... More

ECONOMY
Tempering the shine
PREDICTABLY, the third quarter figures for the economy have been snapped up by the "India Shining" enthusiasts and cited as further proof of the claim that the republic "is poised for explosive growth". On the face of ... More

FOREX
Does strong rupee signal a shift in monetary policy?
BLOOMBERG News carried a story on March 30 that the Reserve Bank of India (RBI) might be allowing the rupee to strengthen to curb nascent inflationary pressures. That is the first serious comment I have read that tries ... More

TAXATION
Simple truths about compounding
T. C. A. Ramanujam on the need for business expenses to be in conformity with law More

Tales that books tell
Diaries are not books of account, points out Mohan R. Lavi, citing a recent tribunal decision More

Don't prevent the ICAI from doing its job
JUSTICE R. Jayasimha Babu's decision in the R. Ayyavoo case would have warmed the hearts of the Institute of Chartered Accountants of India. "We are rather surprised at the order under appeal by which the ICAI has been ... More

EDUCATION
Financing management education
The management education fee is not just controversial but has also raised a number of larger issues. P. P. Prabhu suggests a simple loan arrangement that helps students discreetly, keeps the government expenditure minimal as it needs provide no subsidy, and allows the institutes to fix fees on the basis of actual cost. More

INTERVIEW
`What feel good factor are you talking about?'
It is not only a confident, but a fighting fit and glowing Rashtriya Janata Dal chief, Mr Laloo Prasad Yadav, who has moved into the battle mode to take on the BJP and its allies in Bihar. In an interview to Business Line at the chief ... More

BOOKS
Case for letting models loose in the North Block
LESS DRAMATIC and newsworthy than the models who get crowned on catwalks are those that economists wonder at. Talk to them about grooming of price behaviour, projection of growth scenarios, and money as a policy, ... More

LETTERS

  • LIC clarifies



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