The Hindu Business Line : Thursday, June 01, 2006

FOREIGN RELATIONS
India-US economic relations on a high
Given the instances of bounce-back of the US interests in India, it would not be over-optimistic to foresee a paradigm shift in the relations between the two countries. With China figuring as the hot topic of debate in board rooms of several Americ an multinationals, India's policymakers should strike to take the edge. More

OUTSOURCING
How `permanent' the BPO units?
An analysis of a recent Advance Ruling in the Morgan Stanley BPO case on the Permanent Establishment aspect. More

EDITORIAL
A new role for RRBs
It is imperative to re-focus the RRBs as development finance entities devoted to rural credit needs. More

AIRLINES
Patience on the plane
IN India if your flight is delayed and you are forced to sit out the delay in the aircraft, what would be your first reaction? Chances are that you would not sit quietly and bear the discomfort. Instead, you ... More

ACCOUNTANCY
What can be more fearsome than the accounting link to Genghis Khan?
One of the top stories about `accountant' is that DNA research has linked a US accountant to the thirteenth century Mongol leader Genghis Khan. His image in most of the world is that of a ruthless bloodthirsty conqueror, notes Wikipedia. ... More

De-constructing good intentions
Section 80(1B)(10) of the I-T Act that gives a fillip to low-cost housing is much exploited. More

No more `chalta hai'
Welcome to The Co-operative Bank, UK (www.co-operativebank.co.uk), an institution that traces its origins back to 1872. "In 1992 The Co-operative Bank became the world's first bank to introduce a customer-led Ethical Policy." The ... More

POLITICS
Empowering through entrepreneurship
The empowerment of the weaker sections among the SC/STs and OBCs must be through entrepreneurship and business rather than by quotas. Reserving seats in higher educational institutions will not go far, considering the situation at the school level, says R. VAIDYANATHAN. More