The Hindu Business Line : Thursday, October 12, 2006

FOREIGN RELATIONS
Pakistan-West relations on a skid?
It must be clear to the US and its Western allies that by not delivering on what he was expected to do, Gen Pervez Musharraf is willy-nilly contributing to a more ferocious form of terrorism, not only in his own country but in the entire region. The time has come for Western countries to decide where their best interests lie, says B. S. RAGHAVAN. More

EDITORIAL
Homing into trouble?
Rising incomes have precipitated demand for housing, and banks have been merrily lending to the sector. More

ECONOMY
Reconcile ideas on growth and finance
Of late, the government and regulatory authorities have been airing differing views on fiscal discipline, foreign institutional investment, use of foreign exchange reserves, SEZs and interest rates. More

ACCOUNTANCY
Should we bid adieu to cost audit?
Totally scrapping cost audit or retaining the system in the present form are extreme positions that should be avoided More

Reservations about quotas for women on boards
With women matching up to men in every walk of life, the crutch of reservation on company boards is not warranted. More

The five most dangerous words are: `Everybody else is doing it'
Do no wrong. Sounds like grandma advice, but that's what the world's second richest man, Warren Buffett, told his managers recently. "In a September 27 memo, Buffett cautioned managers that many corporate scandals arise because questionable ... More

The India business story
Knowledge of client's business is one of the first musts for any professional accountant. For a bigger picture, here is The Concise Oxford History of Indian Business, by Dwijendra Tripathi and Jyoti Jumani (www.oup.com). The focus ... More

HUMAN RESOURCES
Making `allowances'
The usage of the expression `salary', indicating the remuneration fixed for work done, is comparatively of recent origin only in the commercial history of the world. Initially, there were only slaves and serfs, ... More

LETTERS

Rashtrapati Bhavan clarifies

Child labour ban

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Top Stories
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Looking back
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Runners vs travellers