The Hindu Business Line : Thursday, December 27, 2007

FOREIGN RELATIONS
Perils of summit diplomacy
Our relations with China have elements of co-operation and competition. It would be a serious mistake to underestimate the security and diplomatic challenges that Chinese policies of “containment” of India pose, says G. PARTHASARATHY. More

CLIMATE & WEATHER
Climate change compulsions
Hydrogen or methanol as alternative energy source to mitigate climate change concerns has not made the impact expected and with the rising energy demand, it is vital to find cost-effective options. More

ACCOUNTING STANDARDS
RESEARCH ROUND-UP
GAAP vs non-GAAP, media vs managers
The practice of reporting earnings measures that deviate from generally accepted accounting principles (GAAP) has received negative attention in the media. Regulators naturally argue in favour of reporting GAAP earnings measures, and utter their ... More

EDITORIAL
Going Round and Round
With the areas of divergence getting more prominence than those of convergence, there seems to be something fundamentally wrong in the policy perspectives of key players in the Doha Round. More

PSU
A fair demand for bonus shares
The Central Government as the major shareholder in various public sector companies is well within its rights to demand certain compliances from them. And there is no way the boards of these companies can parry these demands given the fact that ... More

INTERVIEW
Cost management in the most complex organisation: the government
Real change to the framework for comptrollership, financial management and accountability and its implementation will not happen without concerted political will being shown by political leaders. More

BOOKS
Infrastructure, the backbone
Inclusive growth is possible only if we focus on infrastructure, write Amir Ullah Khan and Harsh Vivek in States of the Indian Economy (www.sagepublications.com). “Infrastructure ... More

LETTERS

US rate cuts and their impact

Recovery of bank dues

Gujarat verdict

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P-Note blues

Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
Indian IPO market ranks 7th in global mop-up

Railways sees higher earnings growth in key commodities

A fair demand for bonus shares

Rice procurement gap narrows down

‘Bring more shares-related transactions under Annual Information Returns’

Circa 2007: Semiconductor ‘chips’ into India’s hardware dream

States facing elections turn to short-term T-bills

Palm oil import thru Kerala ports banned

Looking back
Dec. 16-Dec. 22
Changing patterns in global fund flows

Why a fourth commodity exchange is needed

What could put India@Risk?

Investment in health, education, a must