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Thursday, April 22, 2004

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OPINION

EDITORIAL
Making most of the monsoon
FOR THE ECONOMY already on the roll, the forecast of a near-normal South-West monsoon this year should provide a further impetus. Without doubt, a reasonably good spatial and temporal distribution of rains across the country in 2003-04 led to a ... More

ACCOUNTANCY
Exorcising borrower belligerence
Mohan R. Lavi on how a recent apex court decision breathes life into the SARFAESI Act More

A feel-good free for all
N. R. Moorthy on whether disinvestments by PSUs do good to investors More

Lessons in book-cooking mixed with blood-spilling
BIG MONEY, cold murder. With these comes one more novel from Stephen Frey, Shadow Account, a thriller that promises `high yield'. This time, stakes are high and so is the risk factor, as "a young Wall Street ... More

At the forefront of the world accounting scenario
KINGS usually have a bad habit. They want their visitors to heap praises, ad nauseam. Thus, after tonnes of adulatory phrases, there would be a short message, more muttered under the breath, such as that there is ... More

Stiff punishment from the SEC
AFTER the US Securities and Exchange Commission (SEC) banned Ernst & Young from taking on new audit for six months as a punishment for allowing a "blatant" conflict of interest to arise with its former audit client, ... More

FOREX
Exchange rate and debt burden
An additional benefit of a strong rupee is the fall in the real value of external debt, which is the volume of goods and services to be exported to service the debt. More

TERRORISM
Looming Pakistan...
Clouds India's South Asia vision

The seemingly fatal attraction of policy-makers to Pakistan has all but blinded New Delhi to its relations with other neighbours. India's ambitions of being a major world power will remain a mirage if it chooses to continue with this obsession that h as led to a democratic, pluralistic and economically vibrant India being equated with a terrorist infested, military ruled, desperately aid-dependent country like Pakistan, says G. Parthasarathy. More

LETTERS

  • Tax collections
  • Rural-urban divide



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