Business Daily from THE HINDU group of publications
Thursday, May 10, 2007
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OPINION

EDITORIAL
Banks red-carded
The RBI sends a disciplinary signal to curb banks from adjusting rates to what the market can bear. More

ACCOUNTANCY
A viable alternative to Clause 49
With Clause 49 difficult to implement, there is a need to think up a practical substitute. More

Distil `the company's value algorithm' into `an elevator speech'
Quick promotions, salary hikes, perk heaps, ego massages... Despite all these, workers are restlessly scanning the job horizon for the next stopover. Which only leaves the business leaders as confused fire-fighters all the time. To help them, ... More

POLITICS
Who will be kingmaker in UP?
The birth of the new UP government will not be painless. As the single largest party moves into delivery mode, the midwife might actually turn out to be more powerful than the mother. The next couple of weeks promise thrills, twists and sudden turns. As for the legislators who make it past the victory line, good times are round the corner. More

CREDIT POLICY
Monetary Policy — Deriving new ways to finance infrastructure
To help banks fund infrastructure, the RBI's latest Monetary Policy has allowed them to transact in `single entity credit default swaps'. However, financial innovation can increase the complexity of risk management. The focus of the policy should, t hus, be on improving the quality of shock absorbers in the system, says PADMALATHA SURESH. More

BOOKS
Do accounting standards apply to NPOs?
It is not unusual to find fixed assets recorded at a nominal amount of Re 1 in the balance-sheets of NPOs (not-for-profit organisations). The assets may have been received free of cost as donation or grant. From an accounting angle, there is no ... More

LETTERS

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    Union Budget 2007-08

    Railway Budget 2007-2008

    Economic Survey 2006-2007

    Top Stories
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    `Efforts on to depress local rubber prices'

    `Domestic airfares post 6% rise in Q4'

    GAIL plans Rs 2,744 cr capex for 2007-08

    Looking back
    Apr. 29-May. 5
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