Issue: October 2016
Cover Story 
Textiles’ – the word brings up images of beautiful drapes – cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady f...
Lead Article

Textiles the word brings up images of beautiful drapes cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady from Mohenjadaro, the stylish drapes of Cleopatra, the ball dance gowns of the Victorian Era or the lovely dresses worn by our own queens and princesse...

  Tapping Sustainable Energy Alternatives
  The second lead article, which is also focus article, is written by Shri N Bhadran Nair. Citing a report of the World Health Organisation, the author has advocated for tapping sustainable energy alternatives
  Financing Renewables in India
  The third article is written by Shri P C Maithani, Adviser, Ministry of New and Renewable Energy. He has focussed on renewable energy resources
  Steps to Achieve India’s Solar Potential
  The special article is written by Sumant Sinha, Chairman and Managing Director of ReNew Power. He opines that India must also honour its global commitments on curbing greenhouse gas emissions
A Pragmatic Mix of Politics and Economics
Amitendu Palit

India’s annual budgets are followed with as much curiosity and trepidation as those of multi-starrer Bollywood movies. While pining for potential blockbusters makes sense given their high entertainment quotient, the same yearning is difficult to explain for budgets that are hardly more than annual financial statements of the exchequer.

The nervous anticipation would have still made sense if India were still an overtly closed and controlled economy. Fiddling around with customs and excise duty rates for such economies creates major differences in short-term prospects for industries, producers, exporters and importers. But one would have expected India to come a long way from such inward-looking postures. In a considerably globalised economy like that of today’s India’s, a couple of percentage point variations in duty rates should not have much for whetting the appetites of economic actors and stock markets. This is because tax rates are hardly the instruments for deciding competitiveness in a world where flow of goods and services take place in a far unhindered fashion.

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Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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