Financial Daily from THE HINDU group of publications
Tuesday, December 31, 2002
Markets (Dec.30)
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Dollar (Buy/Sell)47.90/48.03
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OPINION

EDITORIAL


Audit effectiveness
THE NARESH CHANDRA Committee on corporate governance has contended that there are no discernible benefits from a policy of audit rotation. But the body of academic research on which it has based its findings has not been properly spelt out. The ... More

POLITICS


Rejuvenating NATO
POST 9/11, the US' war against terror has reduced NATO to a political organisation, and also put a question mark on its future role in global affairs. The debate on NATO's waning influence in resolving political and military conflicts has ... More

FINANCIAL POLICY


SDRM: Debt restructuring or liquidation?
Experience makes clear that under the currently prevalent liberalised financial regimes, financial crises are inevitable. As a result, even the Bretton Woods institutions are in search of ways not just to prevent financial crises but to deal with the m. One scheme being advocated by the IMF is the Strategic Debt Restructuring Mechanism. C. P. Chandrasekhar and Jayati Ghosh examine the proposed mechanism, discuss the factors that motivate those advocating it and assess the likely con sequences of its implementation. More

FOREIGN DIRECT INVESTMENT


Improving India's investment climate
The Centre is earnest in improving the investment climate by bringing in more foreign direct investment and facilitate investors to go ahead with their projects by removing administrative hurdles, says G. Srinivasan. More

SOCIAL WELFARE


Caring for the elderly — Challenges and opportunities
THE lengthening shadow of life of our elderly is fast becoming a major challenge for society. This challenge needs to be addressed on an emergency basis before it acquires unpleasant proportions. While most advanced countries have some kind of ... More

LETTERS


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  • Kelkar proposals
  • Small-savings schemes
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    Top Stories
    Traditional items push export growth in H1


    Regional brands keep FMCG giants on their toes

    `Feedback on Bt cotton from farmers has been positive' - Mr Sekhar Natarajan, Managing Director, Monsanto India

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    In Focus
    Inside China

    Stock scam unravelling
    Red signal for Chinese silk
    Petrol pump controversy
    Kelkar Report
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 22-Dec. 28
    Constraints in the Budget process

    All set for Delhi Metro flag-off

    India, China, Asean: The economic enigma — Interview with Dr Mukul Asher, Professor, National University, Singapore

    When will we have e-democracy?

    The ticking pension time-bomb

    `The sons also rise'!

    Women with `exceptional guts'


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