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Sunil Sayal, CFO, Nokia Solutions   On the macro side, this Budget has put aside a larger proportion of resources for the upliftment of social standards and the rural population, namely...
Feb 02, 2018
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Vishesh C Chandiok, National Managing Partner, Grant Thornton India LLP: Overall, Budget 2018 is very much aligned to the macro-global direction – reduction in corporate tax rate, protecting...
Feb 01, 2018
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The RBI has refused to buckle under pressure from bankers and bureaucrats who are demanding dilution of the new debt resolution norms. RBI Deputy Governor N S Vishwanathan tore to shreds the issues...
Apr 19, 2018
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A BofA Merrill Lynch Global Research report says that the Reserve Bank may recoup forex reserves despite India being put on currency manipulator watch list by the US. According to the report, RBI...
Apr 19, 2018
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The International Monetary Fund has commended India for its efforts to lessen bad loans crisis in the banking system.    India has "quite a high" debt to GDP ratio, but New Delhi is trying to...
Apr 19, 2018
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In its latest forecast, the International Monetary Fund (IMF) pegs India’s GDP growth at 7.4 in 2018 and 7.8% in 2019. With economic growth accelerating in the current and next fiscal years, India...
Apr 18, 2018
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Now, taxpayers will need to file only one GST return per month.   The Group of Ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Modi on Tuesday worked out a new ‘fusion’ model for...
Apr 18, 2018
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A recent World Bank report sheds light on the declining employment rate in the country, with women leaving the job market on a large scale. This report should surely be a matter of concern for the...
Apr 17, 2018
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Public Sector Banks (PSBs) in the country seems to have hit the roadblock with regard to NPA, as the recovery rate of non performing assets (NPAs), which were written off, has been declining....
Apr 17, 2018
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The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for 2019 and 2020. In the India section of the report, the Bank notes that the disruptive effects of...
Apr 17, 2018
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Now field officers will have to abide by standard procedure for interception of goods movement, and also their confiscation.   The directions were issued on Friday, 13 days post the e-way...
Apr 16, 2018
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In order to bring greater transparency in cross national transactions, the Central Board of Direct Taxes (CBDT) plans to formualate tax rulings that secure information about immediate parent or...
Apr 16, 2018
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Leon Verdes, CFO, Schrieber Dynamix on how embracing technology can help streamline travel and expense management in companies. 
Apr 16, 2018
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The annual Index of Economic Freedom released by a top American think-tank has India India at the 130th spot, jumping 13 places in the last one year. India had ranked 143rd with a score of 52.6...
Apr 13, 2018
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With a slew of financial scams unearthing, global credit agency Standard and Poor's (S&P) has suggested banks to improve risk management and corporate governance practices.   "As a number...
Apr 13, 2018
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PERSONAL   Philosophy: I have the power to create change, dream big, work hard, stay focussed   Political views: None   Vision for self: Dream big, work hard, stay focussed   First...
Apr 12, 2018
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RBI governor Urjit Patel has ruled out any relaxation in bad loans norms. According to media reports, he conveyed to parliamentarians in a closed-door meeting held in New Delhi on Tuesday, that the...
Apr 12, 2018
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Scientists have expresses concern over increasing amount of plastic waste entering into the ocean each year.   V Kripa, principal scientist at the Central Marine Fisheries Research Institute (...
Apr 12, 2018
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The Indian economy is set to record 7.3 per cent growth rate in 2018-19 and 7.6 per cent in the next fiscal, says a new report by Asian Development Bank (ADB).   These growth rates are backed...
Apr 12, 2018
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Sunil Mittal has resigned from the post of Chief Financial Officer (CFO) of Hanung Toys & Textiles Ltd.   Mittal tendered his resignation on April 10, said the company in its filing to NSE...
Apr 11, 2018
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The telecom regulator is likely to seek more powers, in order to regulate the flow of data from users to app makers.   People aware of the matter told ET that Trai might ask for an amendment to...
Apr 11, 2018
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American researchers are proposing the creation of a public, open-source network that uses blockchains to share verifiable manufacturing data.    Most people associate blockchain with...
Apr 11, 2018
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The e-way Bill system for intra-state movement of goods will be implemented from April 15 in five states - Andhra Pradesh, Gujarat, Kerala, Telengana and Uttar Pradesh.   "With the roll-out of...
Apr 11, 2018
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Catering to both, music lover and professionals on the go, the Jabra Elite 25e makes for a pretty decent pair of headphones utilising the neckband design. What’s good about the Jabra Elite 25e is...
Apr 10, 2018
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The allegations of fraud at ICICI Bank have raised questions over its governance standards while creating reputational risks, said global rating major Fitch Ratings.   “An investigation into...
Apr 10, 2018
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The finance ministry is deliberating writing to Securities and Exchange Board of India (Sebi) to seek relaxation for certain state-owned firms from the criteria under which they must meet the...
Apr 10, 2018
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PERSONAL   Philosophy: Working hard is the only key to success.   Political views: Support the honest who do common good for country rather basing same on our individual gains. Current...
Apr 09, 2018
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In a step that may force chartered accountants, company secretaries, cost accountants and valuers to clean up their act and strengthen corporate governance in companies, Sebi to institute a set...
Apr 09, 2018
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This week, three Indian factoring exchanges and the American blockchain technology firm MonetaGo announced launching of a full-fledged blockchain. The yet-unnamed blockchain, built on HyperLedger...
Apr 09, 2018
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The industry body Assocham has asked the Reserve Bank of India to put in safety mechanism to ensure safety of the data trail that the cryptocurrency can leave, as it changes hands through a range...
Apr 09, 2018
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The Monetary Policy Committee (MPC) of Reserve Bank of India (RBI), in its first bi-monthly policy statement last week, decided to keep rates unchanged.    However, the neutral stand of the...
Apr 09, 2018
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A Bank of America-Merrill Lynch report has said that Indian banking sector could be staring at a potential dud asset pile of $38 billion from the power sector. There exists $53 billion of already...
Apr 06, 2018
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The Reserve Bank of India has decided to switch back to Gross Domestic Product (GDP)-based model from Gross Value Added (GVA) measure to provide its estimate of economic activity in the country...
Apr 06, 2018
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Return on capital is the motive behind investor’s putting their money into the business else they could earn risk-free rate investing in government securities. By investing in the business, the...
Apr 06, 2018
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The Reserve Bank of India (RBI), in its first bi-monthly monetary policy statement on Thursday, kept the policy repo rate unchanged at 6.0 per cent.    "Consequently, the reverse repo rate...
Apr 06, 2018
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The new, 2018 Audi Q5 is here, and in its second generation, Audi's global big-seller has grown in size, shed some weight, incorporated new features and improved on what always were its core...
Apr 04, 2018
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The recommendations of the 14-member law committee set up to review the Insolvency and Bankruptcy Code has been put out in public domain on the website of Ministry of Corporate Affairs.    The...
Apr 04, 2018
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Chartered accountants and company secretaries could be brought under the jurisdiction the capital markets regulator.    It might issue securities regulations which chartered accountants,...
Apr 04, 2018
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The Securities and Exchange Board of India (Sebi) has released a list of about 2,200 entities that have failed to pay penalty imposed by the capital market regulator for violation of various...
Apr 04, 2018
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The Government of India has imposed 10 per cent duty on imports of populated printed circuit boards (PCBs), camera modules and connectors.   The move is aimed at providing stimulus to local...
Apr 03, 2018
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It’s not often you get a round of Facebook laughs when someone posts a picture of a sign at a Japanese ski resort apologising profusely for the ‘low’ snow base of a ‘mere’ four metres of snow....
Apr 03, 2018
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Finance secretary Hasmukh Adhia has said the government has crossed over the direct tax collection target for FY18.   According to a note by the Ministry of Finance, the provisional figures of...
Apr 03, 2018
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The validity of Condonation of Delay Scheme (CODS) 2018, which came into effect on January 1 2018, was extended by a month to April 30 by the Corporate Affairs Ministry. The CODS 2018 provides an...
Apr 03, 2018
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Hathway Cable and Datacom chief financial officer (CFO) Vineet Garg has resigned from the post.  His resignation will be effective from May 15.    “Pursuant to regulation 30 (6) of Sebi (...
Apr 02, 2018
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While Reserve Bank of India (RBI) is all set to announce its first bi-monthly monetary policy review of 2018-19 on April 5, it is widely believed that the country's central bank will again maintain...
Apr 02, 2018
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