The Hindu Business Line : Saturday, June 04, 2005

What now for EU?
TWO NAYS COMING one behind the other over a new Constitution for the European Union raise questions about the feasibility of the Eurozone and even of one currency. For as much as it is about the politics of EU expansion, the results of the ... More

FOREX

Pegged yuan: Five cheers to China
It may be unfashionable to defend pegged exchange rates. But it is also necessary to showcase what China has managed to accomplish through a somewhat indefensible policy. China will let the yuan float freely, some day. But it would be foolish to disr egard the enormous gains reaped from pegged rates, says G. Ramachandran. More

TAXATION

Measured interpretation of obscure law can lead to linguistic inflation
BLACK Death refers to the black plague that ravaged Europe in the mid-14th century and killed a third of its population. Black Death is also a brand that originated in Iceland in 1906, informs ... More

Larger issues for a larger Bench
K. Srinivasan analyses the recent apex court ruling in the Standard Chartered Bank case More

Equity detachment in property attachment
S. Murugappan on the proposed changes to provisional attachment of properties for recovery of Customs and excise dues More

PUBLIC SECTOR BANKS

Two hundred years and banking strong
THE STATE Bank of India is two centuries old and is older than the regulator, the Reserve Bank of India, which was set up in 1934. Not many institutions in the country have such a long history, which is intricately ... More

INCOME TAX

Crouching penalty, hidden losses
T. C. A. Ramanujam on divergent views on concealment penalty in the case of loss returns More

BOOKS

Did you know that each smoker costs Rs 96,80,000 over his lifetime?
MARK Twain said, "To cease smoking is the easiest thing I ever did. I ought to know because I've done it a thousand times." As if to make it easier for those who care to stop smoking, there is the new policy from the ... More

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