Financial Daily from THE HINDU group of publications
Saturday, December 24, 2005
Markets (December 23)
BSE Sensex9256.91(-115.39)
S&P CNX Nifty2804.85 (-30.40)
US Dollar (Buy/Sell)45.11/45.24


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OPINION

EDITORIAL


Sugar's sorry state
IT IS A pity the Government is in no mood to free the sugar sector from its vice-like grip anytime soon. This was clear from the recent statements made by senior ministers. The policy-makers' reluctance to decontrol the sugar sector, despite ... More

ECONOMY


The great bubble of world economics
Consumerist excesses have made the US the great bubble of the world of economics. As the book Empire of Debt rues, running an empire is a disastrously expensive business — "You pay in cash. You pay in blood. And you pay with your own so ul." D. Murali wonders if the US will go the Japan way. More

TAXATION


Missing G that the taxman spotted
CISCO Systems, Inc. is `the worldwide leader in networking for the Internet,' informs www.cisco.com. It was founded in 1984 `by a small group of computer scientists from Stanford University'. Over the two ... More

Milching of zilch has gone a bit too far
S. Murlidharan on situations of `zero' cost in capital gains More

Can there be understatement of income from property?
T. C. A. Ramanujam discusses recent decisions that went into this question More

Discretion is key to levying penalty
If a statute invests a public officer with the authority to do an act in a specified set of circumstances, it is imperative for him to exercise the authority in a manner appropriate to the facts and circumstances of the case. More

HANDLOOM


Handloom industry — weaving out the myths
THE handloom sector plays an important role in the country's economy. It is one of the largest economic activities providing direct employment to over 65 lakh persons engaged in weaving and allied activities. As a ... More

ECONOMIC OFFENCES


The dignity of the House
The Fourth Estate comprises the eyes and ears of the nation and democracy in India cannot survive without its existence and effective functioning. So nothing can be wrong with the sting operations, when the object of the effort is to preserve and pro tect the dignity of the Houses of Parliament. More



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In Focus

Dynamic Tirupur
Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Dec. 11-Dec. 17
On questionable questions


Lufthansa

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