The Hindu Business Line : Thursday, February 09, 2006

Heady mix
THE CENTRAL STATISTICAL ORGANISATION has given the nation yet another reason to believe in the magic of numbers. Fiscal 2005-06 will close with an 8.1 per cent GDP growth instead of the 7 per cent plus that the RBI and the Finance Minister were ... More

ACCOUNTANCY

Déjà vu at Gujarat Ambuja
Can a non-compete fee fluctuate with the number of shares acquired, asks S. Murlidharan More

From Monica Lewinsky to Sarbanes-Oxley
SOX, as you know, is the Sarbanes-Oxley Act, a post-Enron legislation enacted in the US in 2002. SOX gave birth to PCAOB, the Public Company Accounting Oversight Board. "A private-sector, ... More

Flaws in the clause
S. Balakrishnan on the changes to Clause 49 of the Listing Agreement More

Rhetoric of anti-dumping
OUR legislation on anti-dumping is about two decades old. The first case of anti-dumping was initiated in 1992, informs the latest annual report (2003-04) of the Directorate General of Anti Dumping and Allied Duties ... More

MANAGEMENT

Thinking in pictures
MOST of us are prisoners of our mental conditioning. We think, by and large, as we have been brought up to think. Even when we believe that we enjoy freedom of thought, we may choose what we think but seldom how we ... More

BANKING

Basel norms — No guarantee of financial stability
Basel norms could have a long-term debilitating effect on the savings and investments markets and lead to potentially harmful consolidation in the banking sector. Their larger-than-life `saviour-of-the-financial-systems' image seems largely undeserve d. More

FOREIGN DIRECT INVESTMENT

FDI may be harmful to economic growth
The FDI mantra is considered an all-purpose panacea for the ills of the economy and society. Unfortunately, there has not been much debate about the far-reaching implications of FDI in our economy and, particularly, how it can stifle economic growth, says R. Vaidyanathan, presenting counters to the five arguments in favour of FDI and citing a research paper to buttress his stand. More

LETTERS

Sixth pay commission

Clause 49

Re-look at FBT

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