OPINION
EDITORIAL
A review act
THE POWER MINISTRY is all set for a review of the Electricity Act, 2003, a move that has been on the cards ever since the United Progressive Alliance Government assumed office earlier this year. As part of this process, the Prime Minister, Dr ...
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ACCOUNTANCY
There's a shared stake in arresting managerial diversion
A NEW working paper from the National Bureau of Economic Research is provocatively titled: Theft and taxes. It has been written by Mihir A. Desai, Alexander Dyck and Luigi Zingales, and is about a new ...
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IS security is no overhead
ALMOST one in two Indian organisations are unaware of the technique used for breaching their security. This is almost double of what prevailed about a year ago, and substantially higher than the global percentage, ...
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POLITICS
Can over-confidence trip Lalu Prasad?
IT IS early days yet but the irrepressible chief of the Rashtriya Janata Party and Railway Minister, Mr Lalu Prasad, has given the nation a taste of the fireworks it can expect from the Bihar Assembly elections, to be ...
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Laughter in the House
"IT IS nice to have laughter in the House," gushed the Lok Sabha Speaker, Mr Somnath Chatterjee, the veteran Parliamentarian who had threatened to resign only last week when the Opposition parties derailed ...
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MONETARY POLICY
Complexities of monetary policy-making
Contrary to common belief, monetary policy-making is more difficult than devising the fiscal plan. For, in open economies, the monetary policy has to interface with the uncertain market behaviour and expectations. A. Vasudevan looks at aspect s of monetary policy making, especially in the Indian context with limited availability of empirical literature on the subject.
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NON-PERFORMING ASSETS
Recovery in fits and starts
Mohan R. Lavi on the anomalies in the recent amendments to debt recovery law
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LETTERS
Society and development
Fiscal management
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