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Thursday, December 09, 2004

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OPINION

EDITORIAL
A needless ceiling
ALLOWING FOREIGN INSTITUTIONAL investors to put money in corporate debt paper is welcome, even if does not go far enough. For a start, the aggregate outstanding investment of $500 million in such instruments is too small to be a significant ... More

ACCOUNTANCY
Will number-cruncher networks display better bandwidth?
FIRMS of chartered accountants are available in all sizes, ranging from the `S' type having only a lone proprietor, to `XXL' such as the operations of MAF or multinational accounting firm. However, in a display of ... More

Flashback of a flare-up
S. Murlidharan fears that the battle of the RIL brothers can rake up the old question of the role of investment companies in the group More

New image of the old cheque
M. S. Parthasarathy sizes up `Check 21', the new US initiative in cheque collection More

FOREX
Why dollar is in the doldrums
While a major withdrawal from the US market has not taken place so far, there is a limit to the investment by foreign banks because of the ever-increasing risk of over-exposure to a fall in the dollar. More

RBI & OTHER CENTRAL BANKS
Corporate governance and central banks
Central banks have the incentive to adopt the international best practices of corporate governance because financial communities often perceive such methods as a prelude to making the central banks independent and accountable. Impliedly, the central banks would then establish credibility with the market participants, says A. Vasudevan. More

BOOKS
Save the auditors from becoming box-tickers
THERE used to be that once-in-a-week session that read `moral science' in school timetables. A slot essentially for storytelling, though kind teachers were not against allowing students to do their own thing. Corporate ... More

CARTOON
Sticklish issues
More

LETTERS

  • Indo-Russian ties
  • EPF interest rate
  • Good infrastructure



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