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Rationale of RBI interventions
The exchange rate system in India is quite flexible and has worked well so far, says P. K. Choudhury
Retail finance: disturbing portents
LIKE A coin, competition has two sides to it. The good aspect is that it makes for efficient production of goods and services and helps discover, in the process, the right price in the market place. The flip side is that it sets off an ugly war ...
Web-based GroupWare tools
THE FOCUS of this week's column is on a few web-based groupware tools that facilitate collaborative work. The Net has great potential for collaborative work. In fact, the success of open-source movement and the ever-growing proliferation of ...
Will forthcoming credit policy have triggering effect?
THE DECISIONS of the RBI Governor, Y. V. Reddy, after the mid-term review of the Credit Policy for 2003-04 are eagerly awaited. It is strongly felt that the cheaper money policy pursued by his predecessor, Bimal Jalan, can be implemented even ...
Bentley — the ultimate in luxury
TILL RECENTLY the word Bentley had been synonymous with Rolls Royce. In 1931 Rolls Royce bought over Bentley Motors not because the car company was going bust but because it wanted the marquee to be also associated with itself. Together they ...
Bourses cheerful ahead of Q2 results
THE STOCK markets witnessed a robust revival of the bullish trend last week. Technology stocks joined the race towards the close of the week helping a further rise in the Sensex, the benchmark index of the Bombay Stock Exchange, to cross the 4700 ...
Incentives in kind — whether TDS is necessary?
QUESTION: We have offered a Scheme amongst our dealers to award gold coin as an incentive to achievers of certain targeted sales. Please advise whether it attracts TDS. If so, under which section of the Income-tax Act? ANSWER: ...



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