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Growth scenarios for agriculture (11 March 12:00) |
| While the overall economic growth rates are projected to rise dramatically, over the medium term, the scenarios projected for agriculture are not exciting. The best case scenarios project ab... |
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Auditing profession (11 March 12:00) |
| “Professional-cum-educational body” ( Business Line, January 28) made a welcome suggestion, that I endorse wholeheartedly. The MCA should indeed reconsider the proposal to split the ICAI... |
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Dissonance in IFRS convergence (11 March 12:00) |
| Approaching IFRS (International Financial Reporting Standards) through a converged set of accounting standards, as announced by India, is a highly inconsistent but alternative line of thinki... |
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Shares arent tulips (11 March 12:00) |
| The price discovery process for Initial Public Offers (IPOs) has always been a subject of animated debate. The English auction model is ideal for a single unit of a commodity or a property i... |
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Fiscal roadmap No soft options (11 March 12:00) |
| Acting on the recommendations of the Thirteenth Finance Commission, Mr Pranab Mukherjee's Budget for 2010-11 accorded high priority to bringing down the fiscal deficit in a calibrated manner... |
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Brainstorming for quality audit (11 March 12:00) |
| As pronounced in the latest Auditing Standard (AS-7) — ‘Engagement Quality Review' (EPR) — issued by the regulator, the Public Company Accounting Oversight Board (PCAOB), the fundament... |
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Budget and accounts (11 March 12:00) |
| George Bush once commented “It's clearly a Budget; it's got a lot of numbers in it”. The projected balance-sheet of the Government of India for 2010-11 as presented in Budget 2010 is ske... |
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Levelling the bids (11 March 12:00) |
| SEBI's recent decision requiring all investors in public offers to bring in the full application amount upfront may help weed out the phenomenon of qualified institutional bidders (QIBs) inf... |
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Microfinance under the microscope (11 March 12:00) |
| Many MFIs (microfinance institutions) started financing the poor but somewhere they lost the customer focus and along with that the mission too, rues N. Srinivasan in Microfinance India: Sta... |
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Engulfed by expats (10 March 12:00) |
| It is easy to call Dr Majeed Al Alawi a racist and a xenophobe. On the surface, it looks like he wants to throw out the expat workers in his country every five |
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Incentives for the Centre (10 March 12:00) |
| The Budget has been widely welcomed for demonstrating the capacity and the intent to reverse the widening of deficits. It has been hailed also for the vision, which recognises the importance... |
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An eligible buyer for IMFs gold (10 March 12:00) |
| IMF's gold is once again slated to be up for sale. In July 2009, the US Congress approved sale of 403.3 tonnes of gold by the IMF, which represents one-eighth of the IMF's total gold holding... |
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Survival of the fittest (10 March 12:00) |
| Most arguments against the commercial release of Bt Brinjal reflect a Luddite mindset — one that is essentially opposed to all innovation and nostalgically prefers traditional methods. Oth... |
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The quota raj (10 March 12:00) |
| The time has perhaps now come to describe the evolving Indian polity as the “quota raj”, its advent being clearly marked by the current churning over the introduction of the Women's Rese... |
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Food irony (10 March 12:00) |
| The irony on the food front is both stark and tragic. At a time when food prices are stuck at elevated levels, as evidenced by the latest data — food inflation testing 18 per cent — the ... |
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Privatise BSNL (10 March 12:00) |
| I refer to the editorial ‘Wake-up call' ( Business Line, March 9). Let us face the inevitable. BSNL (Bharat Sanchar Nigam Limited) is unsustainable till bureaucrats and / or politicians ru... |
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Whistle-blowers (10 March 12:00) |
| This refers to “Ignorance of accounting misstatements” ( Business Line, March 4). With due respect to everybody, auditors are bound by confidentiality of the data and information that co... |
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Wake up call (09 March 12:00) |
| Whatever doubting Cassandras may say about the deleterious impact of competition on the financial world in the recent past, India offers shining examples of the transformation it has wrought... |
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New champions of women! (09 March 12:00) |
| The sub-text of this column today should have been simple — the Women's Reservation Bill was an idea whose time had come. And the Congress-led United Progressive Government, where the powe... |
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FDI and the balance of payments (09 March 12:00) |
| A major component of the economic reform initiated in the 1990s was, and remains, the liberalisation of regulations relating to the inflow and terms of operation of foreign direct |
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Metals strengthen and may remain so (09 March 12:00) |
| At the recently concluded Mission Metallurgy India 2010 seminar in Mumbai, the outlook for the metals market came in for close |
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Budget proposals (09 March 12:00) |
| I am amused to see from the media reports, post-budget day, several leading personalities' and media-hyped audience groups going euphoric or disappointed over the Budget and the allocations ... |
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Too big to fail (09 March 12:00) |
| This has reference to "Too big to fail" (Business Line Mar 8).Once again the author has discussed the “big banks” theory and rightly concluded that it is only a dying |
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Three cheers for Womens Reservation Bill! (08 March 12:00) |
| Today is a historic day – almost rekindling in old timers the excitement of the day on which the newly passed Constitution of India was signed by the Founding Fathers. Coinciding with the ... |
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Weed out the differences (08 March 12:00) |
| The end-January eighth round of negotiations between India and the European Union on liberalising the bilateral trade and investment exchange may have spawned the hope that the long-awaited ... |
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Getting priorities right (08 March 12:00) |
| Most people have awarded high marks to the latest Budget presented by the Finance Minister, Mr Pranab Mukherjee. They talk of how he has planned to collect money, but has showed little conce... |
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A land of inventions (08 March 12:00) |
| Last week, I was at the CeBIT Fair in the north German city of Hannover. The fair, this year, took place against a tricky backdrop for Germany's high-tech sector which is just about recupera... |
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Bt brinjal and scientific consensus (08 March 12:00) |
| It was extremely reassuring to see the Prime Minister endorse the decision of the Environment Minister on February 9, imposing a two-year moratorium on the environmental release of Bt brinja... |
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Straws in the wind (08 March 12:00) |
| The Finance Minister has not provided any subsidy for the oil sector in the 2010-11 Budget. The official reason for this is that the Petroleum Ministry has to take a call on the Kirit Parikh... |
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“Weak input” (08 March 12:00) |
| The editorial “Weak input” ( Business Line, March 4) raises the pertinent question of the adequacy of the fund allocation in the Union Budget for agriculture and horticulture crops. Regi... |
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Banking operations (08 March 12:00) |
| This refers to “Budget and banking reforms” ( Business Line, March |
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Dearer money (06 March 12:00) |
| With three major private banks raising interest rates on home and car loans, do not be surprised if the public sector banks follow suit. The State Bank of India's scheme of teaser loans — ... |
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Budget 2010 Gainers all (06 March 12:00) |
| The latest Budget has pleased both the middle and upper middle classes immensely. The upward revision of tax slabs has meant that a large body of taxpayers with incomes above Rs 3 lakh will ... |
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Financial markets can be imperfect (06 March 12:00) |
| India's reform path in the financial sector has been different from most economies, including other emerging markets. It has been a measured, gradual, cautious and steady process, devoid of ... |
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CST phase-out GST rollout (06 March 12:00) |
| As part of the Budget proposals for 2010-11, the Government had proposed to effect certain major amendments to the Central Sales Tax Act, 1956. Stock transfer with Form F under the CST Act h... |
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Minimum moving towards maximum (06 March 12:00) |
| The Minimum Alternative Tax (MAT) has had several forms in this country. In its earliest avatar, deductions under chapter VI-A containing sections starting with the prefix 80 were restricted... |
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Immovable irritants (06 March 12:00) |
| Home Solution Retail India Ltd filed a writ petition before the Delhi High Court challenging the legality, validity and viresof notification dated May 22, 2007, of the Department of Revenue ... |
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Deft steering needed (06 March 12:00) |
| While Budget 2010 has demonstrated a measured response from the Government on the rollback of the stimulus measures, the withdrawal of excise duty benefits could hurt the tenuous automotive ... |
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No gain without pain (06 March 12:00) |
| This is with reference to “Pranab takes more than he gives” ( Business Line, February 27).It is a responsible and conservative Budget with an eye on balancing growth and deficit. No nega... |
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Budgeting for green energy (05 March 12:00) |
| “Coal,” said the Finance Minister, Mr Pranab Mukherjee, in his Budget speech, “is the mainstay of India's energy sector and 75 per cent of the power generation is currently coal based.... |
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Budget and banking reforms (05 March 12:00) |
| The Budget 2010-11 is driven by the challenge to quickly revert to the high GDP growth path of 9 per cent. The support of the banking system is no doubt a prerequisite to achieve this goal. ... |
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Growth and inclusive development (05 March 12:00) |
| The Budget and related documents have been in the public domain too briefly for an in-depth analysis. Instead, I will assess them from the perspective of the key challenges mentioned by the ... |
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East Asia The new economic engagement (05 March 12:00) |
| The relative economic decline of the US and the continuing travails of the Japanese economy offer not only China but also India some new opportunities in East Asia. This, at least, is conven... |
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US policy on Kashmir (05 March 12:00) |
| The Lok Sabha on March 3 saw a spirited exchange between the senior leader of the BJP, Mr L. K. Advani, and the Prime Minister, Dr Manmohan Singh, on the former's charge of the US pressuring... |
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Losing a friend (05 March 12:00) |
| This morning, the photograph of my classmate and close friend, Lt Commander Rahul Nair, who lost his life during the plane crash at the Hyderabad air show on Wednesday, was splashed across s... |
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Needed vision (05 March 12:00) |
| The Railway Minister, Ms Mamata Banerjee, has done a fine job by announcing no increase in fares and freight in her presentation of the Railway Budget 2010-11. The introduction of new trains... |
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Weak input (04 March 12:00) |
| To what extent the four-pronged farm strategy enunciated in the Budget will spur growth is a million-dollar question. Agriculture occupies centre-stage in the Government's plan to promote in... |
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Unsettling refuge (04 March 12:00) |
| Some wholesome and welcome changes were made by the Finance Act, 2007 in terms of which, among other things, shopping for appellate forums was brought to an end besides limiting access to th... |
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Alternative governance model (04 March 12:00) |
| No democracy works well if its decisions are not implemented by professionals accountable for results, says Pradip N. Khandwalla in Transforming Government through New Public Management ( ww... |
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Pakistans propaganda offensive (04 March 12:00) |
| Even as Pakistan steps up its anti-Indian campaign on issues ranging from terrorism and Afghanistan, to nuclear issues and river waters, the Indian establishment appears confused, divided an... |
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