The Hindu Business Line : Saturday, April 30, 2005

Promoting PC penetration
THE TIMING OF the recommendations of the high-power Working Committee of the Ministry of Communication and Information Technology to improve penetration of personal computers in Indian homes could not have been better. For instance, a key ... More

AIRLINES

Why the Maharaja's choice may save his life
NOT MANY might see at first glance that the decision of Air India to buy all aircraft from one manufacturer rather than split the order between two manufacturers is in itself a sensible one. Never mind which company ... More

POLICY

Reforming UN
BARRING the bit where it has been suggested that India along with the other aspirants for a place in the Security Council should not have full veto powers, New Delhi has done well to back the proposals laid on the table by the UN ... More

TAXATION

Benign towards banking
Tax reforms are touching banking companies, says T. C. A. Ramanujam More

Confusion now hath made his masterpiece
SHAKESPEARE wrote in King John, "Vast confusion waits, as doth a raven on a sick-fall'n beast." So too, vast confusion lay waiting in a tax case that occupied the apex court recently — Vinay Solvent Extraction ... More

INCOME TAX

Principle of strict construction
The way the Income-Tax Act is drafted leaves great scope for litigation, and requires the application of the principles of interpretation. Even these principles are not infallible and would depend on their applicability to the facts and circumstances of each case. This requires an extremely balanced and objective approach, says H. P. Ranina. More

BOOKS

Sadly, economics is typically explained so badly
THE Reserve Bank of India Governor, Dr Yaga Venugopal Reddy, is different from the usual economists, because he communicates to the common man. To check, you may see his recent speech titled, `Monetary Policy: An ... More

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Pick a Winner Stock Market Contest

Panel questions open sky policy on airline IPO day

Indians top `intending car buyers' list across Asia

Spices exports rise 18 pc in 2004-05

GE Shipping Q4 net up 36 pc to Rs 252 cr

Grasim Q4 net profit down 19 pc on higher expenses

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated

Tracking the rains

Sethusamudram Canal Project

India Inc's overseas acquisition

In Depth

Gender Justice

Simple Economics

Tax Talk

Looking back
Apr. 17-Apr. 23
Software czars, economists and other animals