The Hindu Business Line : Thursday, August 17, 2006

EDITORIAL
Paying proposition
Rural income increases have to come from efficiencies and productivity gains, rather than forcing consumers to pay more. More

ECONOMY
Speed and content of economic reforms
The record of reforms is mixed and there is uncertainty about the process, is the consensus of economists who discussed the Indian economy recently. They are agreed that India can grow at a much higher rate, provided some sectors — farm and inf rastructure, for instance — get due attention. A. VASUDEVAN analyses some key aspects of the economists' findings. More

ACCOUNTANCY
Occupation under fire
Why not restrict the number of directorships to five? More

Storm brewing in ICWAI's tea-cup
The job assigned to the ICWAI is not a post-mortem examination of income and expenditure of tea companies but essentially some kind of a live-auditing. More

Professionals as directors vs professional directors
Directorships for a living may sound alluring. But that is not healthy for corporate governance, feels Mr M. Damodaran, Chairman of the Securities Exchange Board of India (SEBI). When speaking at meeting organised by National Law School of ... More

Education for directors
What is meant by the fiduciary duty of the directors? "Directors are trustees of the assets of the company and they must not misapply them," begins the answer to the question, in 501 Questions & Answers for Company Directors and Company ... More

FOREX
Forex reserves can be better deployed
A small portion of the country's forex reserves is now assigned to external asset managers with the objective of improving returns. But the reserve can be put to better use, such as to finance major investment projects, prepay commercial debt and str engthen the capital base of banks. More

LETTERS

Bangalore's infrastructure

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Pick a Winner Stock Market Contest

Truck rentals on trunk routes fall

LIC plans Bima Gold clone launch in September

Import of vegetable oils slows down

Lower global prices, elections add to sugar mills' woes

Privatisation with market, price protection?

Insurance cos brace up for flood claims in Surat

Looking back
Aug. 6-Aug. 12
Finance Ministry Directive to PSBs — Making a mockery of Monetary Policy?