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India is reportedly under pressure to scrap import duty on at least 90 per cent of its traded goods under the Regional Comprehensive Economic Partnership (RCEP) pact. In order to push the...
May 23, 2017
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The government is expected to announce a special package for the knitwear industry in a month or two, textiles minister Smriti Irani said on Monday. Having recently examined the knitwear hub Tirupur...
May 23, 2017
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A new strain of malware ‘EternalRocks’ that is more dangerous than the original ransomware, known as WannaCry, has been identified by security researchers. WannaCry recently wrecked havoc worldwide...
May 23, 2017
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Revenue Secretary Hasmukh Adhia has asked India Inc to hold back price increases till the GST implementation from July 1. Adhia is of the view that such hikes could later result in inquiry of balance...
May 23, 2017
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The Confederation of All India Traders (CAIT) wants the government to form a working group to enable seamless transition of the non-corporate sector to the new Goods and Services Tax (GST) regime...
May 22, 2017
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To put the nation on the right path, India needs to undertake the reforms that improve the business climate across the country. Taking cognizance of the fact, India has taken over 7,000 steps, big...
May 22, 2017
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The Narendra Modi-led government celebrates three years in the saddle on May 26; industry organisation Assocham believes that progress towards realising the Goods and Services Tax (GST), one of the...
May 22, 2017
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As the Modi government works on improving ease of doing business in the country, foreign direct investment (FDI) inflows into India have increased to a record $43 billion in a year in 2016-17. The...
May 22, 2017
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Motorcycles of over 350 cc engine capacity, private aircraft and luxury yachts will attract a total of 31 per cent tax under the Goods and Services Tax (GST) regime to be rolled out from July 1...
May 19, 2017
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Goods and Service Tax (GST) will be rolled out from July 1 and foodgrains would cost less as the GST Council has decided to exempt the daily-use commodities from the levy.   Common use products...
May 19, 2017
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Amidst reports of major lay-offs by the leading information technology (IT) companies, industry body National Association of Software and Services Companies (Nasscom) has clarified that the...
May 19, 2017
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GDP numbers for the financial year 2016-17 could be revised up from 6.7 per cent to 7.4 per cent as the new series for industrial production and wholesale prices are better than before.    The...
May 19, 2017
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China failed to push its entire One Belt One Road (OBOR) agenda in a unilateral fashion the Asian superpower would have originally visualised for its ambitious project, pointed out experts who...
May 19, 2017
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The Cabinet gave its nod for signing of a multilateral convention to implement tax treaty to check evasion by preventing Base Erosion and Profit Shifting (BEPS).   The convention is an outcome...
May 18, 2017
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“The trend is your friend.”   It’s the oldest adage in investing, and it applies to corporate performance, too. We’ve found through our work on the empirics of strategy that capturing tailwinds...
May 18, 2017
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The world was hit by WannaCry, the largest ransomware attack so far, on Friday. Though there was no serious impact in India, CERT-In is of the view that the country should not drop its guard against...
May 18, 2017
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IF YOU HAVE a curated feed of news on your smartphone like many people, you would have noticed the slew of new stories, memes and articles stemming from the recent outrage about the way United...
May 18, 2017
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Even as it grapples with rapid digital banking adoption as well as a changing regulatory environment, the Indian banking system is in doldrums with stagnant credit growth, surging deposits, and...
May 18, 2017
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Government think-tank NITI Aayog has joined forces with premier educational and policy research institutions across the country. Through this network, NITI Aayog aims to pursue Prime Minister...
May 18, 2017
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Riding on higher purchase of crude oil and petroleum products, India’s exports recorded 19.77 per cent year-on-year growth in dollar terms in April this year. Imports, on the other hand, grew by 49....
May 17, 2017
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Celebrating BJP's three years in the saddle, Prime Minister Narendra Modi said his government was committed to build the "new India" through the "reform to transform" approach. Replying to wishes...
May 17, 2017
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Financial inclusion is described as the process of ensuring access to appropriate financial products and services needed by all sections of society in general and vulnerable groups such as weaker...
May 17, 2017
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In the late 19th century, it was the suffragettes, members of the women’s organisations in the United Kingdom or The Women’s Indian Association (WIA), who fought for the right of women to vote....
May 17, 2017
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Close on the heels of reports of major lay-offs in the IT sector, the IT industry is said to have assured the government that there would be no large-scale job losses in the technology sector....
May 17, 2017
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Real estate and infrastructure companies will see a fundamental change in their financial reporting framework under Ind AS. There will be a general shift from historical cost con­vention to...
May 17, 2017
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Driven by favourable external demand, improving corporate balance sheets and private capex recovery, the Indian economy is going to enter a productive growth phase, said a report adding real GDP...
May 17, 2017
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Today’s CFO is more than the custodian of the investor’s wealth and a conduit to the board of directors and shareholder community at large. The modern CFO aligns with the CEO as an equal partner to...
May 16, 2017
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In the last decade, the frequency of corporate frauds and gover­nance failures that have dotted the global corporate map have witnessed comparably vigor­ous efforts of improving corporate gov­...
May 16, 2017
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If you think one of your last big transactions will automatically qualify you for scrutiny by the I-T department in the post-demonetisation scenario, here’s some good news for you! You can rest...
May 16, 2017
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The Modi government, which completes three years in power at the Centre, is going strong on financial reforms. The government now focuses on institutional and judicial reforms, with time-bound...
May 16, 2017
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Going by the conven­tional definition of a CFO, a chief finan­cial officer (CFO) is a corporate officer, primarily responsible for managing the financial risks of the corporation. However, this...
May 16, 2017
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The concept of supply chain management (SCM) came about with the primary objective of man­aging inventory to meet production requirements in a timely manner in the manufacturing sector. It further...
May 16, 2017
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There was no serious impact on the country from a global ransomware cyberattack, except for a few isolated incidents in Kerala and Andhra Pradesh, said Information and Technology Minister Ravi...
May 16, 2017
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India is said to be among the worst hit by a new ransomeware going by the name 'Wannacry' or 'Wannacrypt'. According to Kaspersky Labs, lakhs of computers have been hit in the country. “Reports of...
May 16, 2017
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The government has exempted Infrastructure Investment Trusts (InvITs) from the ambit of acceptance of deposit rules under the companies law. The move is likely to ease the compliance requirements...
May 15, 2017
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HE IS NOT one to brag about accolades and achievements; rather, his successes have acted as an inspiration to strive for more. Ashok Sinha, former chairman and managing director (CMD) of Bharat...
May 15, 2017
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A new ransomeware going by the name 'Wannacry' or 'Wannacrypt' has created havoc by attacking hospitals, telecom agencies and shipping companies across the world. As 'Wannacry' is more than just a...
May 15, 2017
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Private candidates who wish to apply for senior level jobs at PSUs will have to furnish their company’s audited turnover and clearly mention their Cost to Company (CTC) before applying.   To...
May 15, 2017
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SRF’s Profit After Tax (PAT) rose 8 per cent from 97 crore to 105 crore during Q3 FY17 over corresponding period last year. What are the factors which helped the company reach this target?  ...
May 15, 2017
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India is in a sweet spot. Forecasts indicate positive growth, Sensex made his­tory and politically, it is on a strong wicket. Then where is the catch? Or is there? But first let us focus on the...
May 15, 2017
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To meet the huge demand for infrastructure investment in the country, India is said to be scouting for global investors. “So, India is a fastest growing economy in G-20, growing at 7 per cent a year...
May 15, 2017
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To protect ATM networks from a malware impacting systems across the world, the Reserve Bank of India (RBI) has directed banks to open their ATM networks only after machines receive a Windows update...
May 15, 2017
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With an aim to lower fuel imports, officials and state firms under the power, coal, renewable energy and mines ministries will soon start using electric vehicles. Piyush Goyal, minister in charge of...
May 12, 2017
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SBI is of the view that India may not soon witness a rating upgrade. In its report, the bank has also termed global credit rating agencies’ arguments for not upgrading India’s rating as ‘...
May 12, 2017
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The Central Board of Direct Taxes (CBDT) has released a draft note for computation of income for the real estate sector with which transactions related to sale and purchase of units would be...
May 12, 2017
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Chief Economic Adviser (CEA) Arvind Subramanian slammed global credit rating agencies for not upgrading India despite clear improvement in its economic fundamentals.  The CEA said global rating...
May 12, 2017
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The Insolvency and Bankruptcy Board of India (IBBI) is working on a mechanism to cut short the time for insolvency resolution of smaller companies.    “We had put out a discussion paper to...
May 12, 2017
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The government is said to be working out a new industrial policy for the North Eastern region, which is likely to incentivise select sectors such as agro processing, horticulture, floriculture and...
May 12, 2017
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The Centre and the states are likely to fix 4 per cent tax rate on gold and silver.    While southern states are in favour of a 6 per cent levy for gold and silver, some of the western states...
May 12, 2017
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