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Articles by CA. Nirmal Ghorawat

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A Critique on Equating Growth in Market Indices To Returns

  CA. Nirmal Ghorawat    10 April 2013 at 12:14

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably



Perspectives on Life Insurance Industry In India

  CA. Nirmal Ghorawat    03 April 2013 at 10:56

Download a copy of this Document in PDF Synopsis 1 Background of the Insurance Sector 2 Snapshot of the Performance of the Life Insurance Sector post Liberalisation 3 Is LIC



XBRL: The Future of Financial Reporting

  CA. Nirmal Ghorawat    09 March 2012 at 16:33

(This article has been published by the Guwahati Branch in their Souvenir for the National Conference of ICAI held at Guwahati, Assam on 16-17 December 2011.) A. Introduction to XBRL XBRL is the buzz word today in our professional fraternity. Why n