![]() Financial Daily from THE HINDU group of publications Saturday, December 10, 2005 |
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OPINION EDITORIAL No credit to RBI TYING UP THE the banking system in knots with wordy guidelines, as that on outsourcing of financial services by banks, is getting to be something of a frightful habit with the Reserve Bank of India. It will please few, other than trade unions ... More ECONOMY Hurdles in way of growth `Whatever constraints (to growth) are there, are internal: constraints imposed by our polity, our social structures, our regional imbalances, our ability to handle inequity and our ability to take hard but essential decisions.' More TAXATION No cost, no taxable gains The Gujarat High Court has laid down a new principle "no cost, no gains", in a case where the cost and date of acquisition cannot be ascertained. More
The now-buried crossbreed
BANKING
Indian banking sector: Is it on the right track?A decade after the Narasimham report was published and in the light of new challenges from the norms laid down by the WTO and Basel II, it is imperative to have a close look at the performance of banks in the last decade or so to assess the success o f the reform process. More FINANCIAL MARKETS
Capital market as source of finance The chest-thumping is prematureMarket capitalisation of a company is merely the product of the number of equity shares issued and their market price. It is not a source of equity finance. The right indicator is the issue price. Market cap is up because of reduced risks and forecas ts of robust growth, which signal banks have read to lend more to India Inc. With bank credit up nearly 80 per cent, they still remain the main source of corporate finance, says G. Ramachandran. More INCOME TAX Conflict of `interest' R. Anand looks at a case on the interpretation of interest payable More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
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