The Hindu Business Line : Thursday, December 14, 2006

FOREIGN RELATIONS
New agenda for old friends
The challenge for Japan and India is to strengthen bilateral cooperation further, keeping in mind the Asian and the global contexts. The proposed economic partnership agreement between Japan and India can be expected to strengthen age-old bonds. And for that the two nations must understand each other better and develop mutual trust and confidence, says N. KRISHNASWAMI. More

EMPLOYMENT
Bridging the gulf
The emigration of unskilled and semi-skilled workers to Gulf countries and the more recent incidents of immigrants being sent back for breach of contract raised a brief but lively exchange of views in the Lok ... More

EDITORIAL
The number game
Whether or not manufacturing numbers reflect constraints on the economy, policymakers have to engage in urgent reforms of the hinterland. More

ACCOUNTANCY
Confusion over issuance of accounting standards
Globally, accounting standards (AS) are fixed by one entity only — the accounting regulator of the country. A good example of this is the Public Company Accounting Oversight Board (PCAOB) in the US. Although the Financial Accounting ... More

A plea for a better deal for investors
How about calling upon corporates to pay user charges for the capital they have mobilised? More

NBFCS
Non-Banking Sector — Needed, a developmental authority
Regulated as the non-bank entities are by different agents, an integrated financial market is conspicuous by its absence. It is time for a unified regulatory agency, which alone can leverage the sector's strengths to ensure faster economic growth. More

INTERVIEW
Gas-related gyan for accountants
With the trend of high crude prices expected to continue in the short to medium term, natural gas will be more cost competitive than liquid fuels. — MR ANISH DE IS ASSOCIATE DIRECTOR, TRANSACTION ADVISORY SERVICES (SPECIALIST - OIL & GAS), RNST & YOUNG. More

BOOKS
Frauds in those good old days
Amiya Kumar Bagchi, director of the Institute of Development Studies, Kolkata, wrote the history of State Bank of India a decade ago. The book, originally published by Oxford University Press, is now out as a Penguin Portfolio title The ... More

LETTERS

Reshaping B-schools

CRR cut

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Top Stories
The number game

UB group's acquisitions to be funded through Trust

Jewellers see good biz from NRIs on holiday

S&P moots under-weighting of Indian markets in 2007

Milk output poised to top 100 m tonnes

Nationwide strike today

Non-Banking Sector — Needed, a developmental authority

`Sangli has a strong brand pull in Maharashtra'

Corus gives more time to Tata Steel, CSN to revise bids

Looking back
Dec. 3-Dec. 9
How an oil company milked super-profits