The Hindu Business Line : Thursday, August 16, 2007

EDITORIAL
Will the optimism last?
Record capital spend and high business confidence make for a positive outlook, but delayed projects and a dearer rupee may cloud the optimism. More

AGRICULTURE
Indian agriculture at crossroads
India’s agricultural policy must be ‘grain-centric’, like that of China, which does not allow shrinkage of the cultivable area under food-grains. More

ACCOUNTANCY
Gearing up for private equity
Private equity (PE) is the latest financial innovation to take the world by storm. Although there are various types of PEs, a typical one raises money from rich investors willing to play with high risk for a fixed period and look for ... More

STOCK MARKETS
Increasing disconnect between economy and stock market
The country’s capital market is increasingly influenced by global developments because of the active participation by FIIs and big corporates’ growing appetite for global borrowings. This is leading to a widening disconnect between the st ock market and the economy, which is expected to grow at more than 9 per cent in coming years, points out R. VAIDYANATHAN. More

INTERVIEW
Costing body plans `accounting technicians' course
In addition to the present shortage of 25,000 qualified finance professionals, there will be a demand for 10 lakh accountancy-trained personnel in the next 10 years at a the junior level, says Mr Chandra Wadhwa, the newly elected President of the ... More

Is the ‘impairment’ standard beyond repair?
The standard (AS-28) seems to provide guidance primarily from the perspective of a manufacturing company, even though close to half of India’s GDP is contributed by the service sector. More

BOOKS
Fill the GAAP gap
Indian accounting is getting ready to blend with the global norms by 2011. To professionals preparing to cope with the shift, here is the second edition of The Complete Guide to International Financial Reporting Standards by ... More

LETTERS

Changing India

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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Stiff penalties for fake drug makers

Lanco Infratech concludes corporate rejig

Number of deaths in workplace on the rise

‘Economic progress has not led to better quality of life’

Small, medium biz spend on IT may rise 25%

Small borrowers still prefer informal route

MTNL readies Rs 500 cr for overseas operations

Looking back
Aug. 5-Aug. 11
Capital punishment for corruption?

India Inc: Coming of age

Postal financial services are developing at a rapid rate

Colombo Conference: Initiatives on Kashmir peace