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Monday, June 21, 2004

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INTERVIEW
Interest rates, other monetary policy dilemmas
There is a strong case that particular age groups, say those above 55 or 60, should be offered an investment avenue that gives an assured rate of return, for the next few years at least which takes care of their purchasing power, post retirement.

U.S. online firms bid for global dominance
AMERICA'S ONLINE leaders are betting heavily that an e-commerce boom building overseas will turn them into powerhouse global brands. At Amazon, eBay, Yahoo, and other online giants, international revenues are already on track to eclipse ...

Towards a strategic costing system
IT WAS dinner time after a seminar on `Strategic Cost Management' organised by a leading industry forum. The new perspectives emerging seemed to fascinate the captains of industry. How could they use costing tools in the strategic issues they ...

WEEK IN FINANCIAL MARKETS
Stocks listless on budget worries
INTERMITTENT SELLING pressure and a slowdown in foreign institutional investor activity pulled down the Sensex by 1.30 per cent to below the 4800-mark last week. Retail investors and operators too joined the selling bandwagon. Equities dipped in ...

BitTorrent downloads
THIS WEEK NetSpeak introduces a few tools/services for locating/downloading BitTorrent files. Files are generally downloaded from a central server where they are hosted. However this centralised file distribution becomes unwieldy if many ...

Is the assessee bound to disclose source of income?
QUESTION: Just as the Income-tax Department assesses `income from undisclosed sources', can the taxpayer declare `income from undisclosable sources' in the return and pay the proper tax without inviting wrath and harassment from the ...



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