The Hindu Business Line : Thursday, November 23, 2006

ECONOMY
IMF's study on India — Is the `economic renaissance' sustainable?
The IMF states in unmistakable terms that despite recent progress, India's high fiscal deficits and heavy debt burden remain "a barrier to more rapid sustained growth." G. SRINIVASAN looks at prospects for the economy in the context of a Fund repor t on India. More

China's African safari
In two landmark summits — one with Asean and the other including 48 African Heads of government or Ministers,held within a span of 10days — China has demonstrated its reach, offering billions of dollars for investments and agreeing to mak e larger imports from African and Asian countries. More

ACCOUNTANCY
7 principles of highly ethical corporates
A recent press release on the Institute of Chartered Accountants of India (www.icai.org) site was about something important: Guidance from the International Federation of Accountants (IFAC) for companies developing codes of conduct. ... More

Transfer pricing goes beyond putting percentile value
The recent Glaxo Smithkline Holdings case in the US creates additional uncertainty about transfer pricing methodology. More

CONTRA ENTRY
Annual value vs guideline value
The Government has always been sceptical about transactions in real estate. And its abiding suspicion is indeed not misplaced or exaggerated, what with black money playing a significant role in such transactions. Therefore, the owner of a ... More

INTERVIEW
Arbitration can be better value for money
Flexibility of procedure, enforceability of awards, privacy and neutrality are some of the reasons why organisations are choosing international arbitration over litigation. More

LETTERS

Power plans

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IMF's study on India — Is the `economic renaissance' sustainable?

Gem, jewellery exports down 9.52 pc in Oct

E-payments on the rise

`China's growth story may stay intact'

Dabur to `Dare' all in retail space

`Corus shareholders can sit back and wait to see what happens'

6 States account for 50 pc of remittances

Sales of organic foods to top $40 b by year-end

Looking back
Nov. 12-Nov. 18
Is India's growth a flash in the pan?

Why the Indian housewife deserves paeans of praise

Deriving the commodity advantage

`Economics is a fascinating discipline'