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Thursday, January 01, 2009
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OPINION

INTERVIEW: Seven banking themes for 2009
What could 2009 hold in store for banks? The themes do not appear to have shifted much, observes Mr Robin Roy, Associate Director, Financial Services, PricewaterhouseCoopers (P) Ltd. “Two years ago, towards the end ...

EDITORIAL: Of despair and hope
If there is one reality Indians should recognise as the new year begins, it is the awareness that we are in an economic crisis, though it is perhaps not as severe as the recession in the developed economies. In 2009 India will likely look back ...

ECONOMY: Perk up, the best is yet to be!
This is the season of resolutions and clarion calls. The one I have in mind for India and Indians for 2009 is: Quit griping, get going! In fact, the great poet-sage of Tamil, Thiruvalluvar, said it all three thousand years ago when, in one of ...

INTERVIEW: Corporate governance should become transparent
What is honesty? It means being true to oneself and also to the society, says Dr G. Sundaram, Former Secretary to the Govt of India, and author of Plight of Honesty: The untold bureaucracy ( ...

ACCOUNTANCY: QSPE accounting under the lens
Investment bankers used the non-existence of stringent guidelines for QSPE accounting – qualified special purpose entities accounting. It is a sad reflection of affairs that we are talking about QSPEs years after Enron did everything ...

POLITICS: Cuban revolution: 50 years and beyond
Cuba’s revolution, ushered in by Fidel Castro in January 1959, will mark 50 years in 2009. It has survived determined US efforts to overthrow it, including the draconian US blockade imposed on it since 1963. Cuba and its giant ...

ACCOUNTANCY: The shell-kernel divide
Exterior-interior divide and, its extension, shell-kernel divide, have always fascinated poets, storytellers and even debaters. Don’t go by the outer appearance; instead, go into the merits of the issue is the bottom-line. The ...

BOOKS: When corporate boards fail
Should boards of directors in the modern corporation be reconstituted as vigilant monitors? Should such boards be active participants in the management of the firm?These are the questions that Oliver E. Williamson addresses in one of ...

LETTERS: Commodity prices
The authors of the article “Global crisis and commodity prices” (Business Line, December 30) have rightly argued that the abnormal rise and sudden fall in commodity prices have not helped the ...

Columnists: C Gopinath Harish Bijoor G Chandrashekhar S Murlidharan Sharad Joshi Mohan Murti S Balakrishnan Bharat Savur B S Raghavan Ganesh Challa Bhanoji Rao Swati T Banusekar Ramanujam Sridhar Ranabir Ray Choudhury Rasheeda Bhagat P.V. Indiresan P Devarajan S Muralidhar R K Raghavan B Venkatesh




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Markets (Dec 31)
Nifty (at close)2959.15(-20.35)
US Dollar (Buy/Sell)48.70/72
Brent crude (a bbl) Rs1,839
Gold (a gram) Rs1,223
Silver (a kg) Rs18,680


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