The Hindu Business Line : Thursday, May 12, 2005

Enabling enclaves
WITH THE CHINA development experience becoming the benchmark for a range of public policy initiatives, it is no surprise that the Centre should come up with a proposal for setting up special economic zones for export processing on the lines of ... More

ECONOMY

Inflation expectation — What it means and implies
From the RBI's Credit Policy statement, it is clear that the central bank is much exercised by inflation expectation. The RBI Governor wants — as is apparent from the Policy Statement — to ensure that adequate preparations are made to mov e towards a system that would throw up information containing insights about the future state of real activity and inflation. A. Vasudevan explains inflation expectation and the RBI's strategy. More

ACCOUNTANCY

Everybody blamed Somebody when Nobody did what Anybody could have done
TOP ON the professionals' reading list this week should be `Report No 13 of 2005' from the Comptroller and Auditor General of India (CAG). It is on `Direct Taxes - System Appraisals 2003-2004', and available for download on ... More

Can you tell if any sheep are lost without counting them?
MEET John D. Barrow, a math professor at the Department of Applied Mathematics and Theoretical Physics, University of Cambridge. His new book is "about the biggest subject of all"— infinity. Yes, The Infinite Book from Jonathan Cape ... More

Twist in the SOX tale
Ambar Singh Roy on the role of consultancy firms in facilitating filers from India to comply with the Sarbanes Oxley Act, 2002. More

INFRASTRUCTURE

Monetary Policy 2005-06 — Lending priority to infrastructure
The stance of the central bank signalling tentativeness in respect of financing infrastructure is surprising, given the critical role that the sector plays in the economy. Banks have to re-learn a few skills to financing infrastructure in a big way. The sooner the central bank facilitates the process, the better it is for the country. More

SOCIAL WELFARE

All that glitters is not gold
SCENES of homelessness or poverty in a prosperous city such as Portland in Oregon, US, are even more disheartening and depressing than the most squalid scenes of destitution found in urban India. The American experience is, indeed, an ... More

INTERVIEW

`Mud slinging is an occupational hazard'
FORMER Disinvestment Minister Mr Arun Shourie has been under attack over the sale of Juhu Centaur hotel in Mumbai. The Comptroller and Auditor-General has made critical remarks about the way the Ministry handled the sale. The winning bidder, ... More

LETTERS

Unannounced power cuts

Priority sector lending

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