The Hindu Business Line : Thursday, March 07, 2002

Making States step on it for power
BY INCREASING THE budgetary allocation to Rs 3,500 crore for 2002-03, from Rs 1,500 crore this year, and re-designating it as the Accelerated Power Development and Reform Programme, the Finance Minister has clearly put the onus on the States to ... More

ECONOMY

Pushing current consumption -- Mr Sinha's red herring?
THE Budget has cut the interest rate on small savings by 50 basis points (bps). Besides, the tax rebate allowed for investing in such small savings products and life insurance contracts has been reduced from 20 per cent to 10 per cent, for those ... More

Globalisation: Back to the future?
THE establishment of the WTO as a facilitator of multilateral trade among member-countries has set off a new wave of globalisation and also generated intense debate about its the hidden agenda. Such an agenda convinced the developing countries to ... More

ACCOUNTANCY

A bloated picture
While presenting a consolidated balance-sheet, not deducting minority interest straightaway would be misleading, says S. Murlidharan More

Skill-set for the future CFO
YOU are a financial genius. You have come top in every examination, from maths A-level through to your MBA and the CIMA finals. You know your accounting standards (both local and international) by heart and you have been heavily involved in the ... More

Broad fraud
ON FEBRUARY 28, when the Indian accountants were busy with Mr Sinha's speech, the American Institute of CPAs (AICPA) released the draft of a revised standard on fraud — "to provide auditors with additional guidance to improve the likelihood ... More

POLITICS

Will Jayalalithaa's deeds match her words?
MS JAYALALITHAA, who took over reins as Chief Minister of Tamil Nadu on March 2, has been given an enviable chance to not only pull the State out of the financial quicksands into which it has fallen, but also in ridding it of the stigma of poor ... More

LETTERS

Privatise ARCs

Janaraksha policy

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