Community & General News


India's External Debt as at the end of March 2011

   30 June 2011 at 17:25

As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India and those for the quarters ending September and December by the Ministry of Finance, Government of

Posted in Community & General |   6186 Views


Members of Canadian Institute of Chartered Accountants intending to become ICAI members

   30 June 2011 at 17:24

All the members of the Canadian Institute of Chartered Accountants who are interested in applying for ICAI Membership under the terms of the MoU executed between ICAI and CICA, can apply in the prescribed format after 25th July 2011. The expected

Posted in Community & General |   3789 Views


Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI Scheme allowed under the Government route

   30 June 2011 at 15:44

RBI/2010-11/586 A. P. (DIR Series) Circular No.74 June 30, 2011 To All Authorised Dealer Category-I Banks Madam / Sir, Foreign Direct Investment (FDI) in India - Issue of equity shares under the FDI Scheme allowed under the Government route

Posted in Community & General |   3939 Views


France's Christine Lagarde named first woman IMF chief

   29 June 2011 at 13:48

The Union Finance Minister Shri Pranab Mukherjee has conveyed his felicitations and good wishes to French Finance Minister Ms. Christine Lagaarde on her selection by consensus as Managing Director of the International Monetary Fund (IMF). In a let

Posted in Community & General |   4497 Views


ICAI - President's Message - July 2011

   29 June 2011 at 12:20

It is my proud privilege to address my accounting fraternity on the eve of 1st July, a day remembered as the Foundation Day of the accountancy profession in India and celebrated as Chartered Accountants’ Day (CA Day). 

Posted in Community & General  5 comments |   10272 Views


FDI Policy-Rationale and Relevance of Caps

   28 June 2011 at 16:43

Invitation of Views 1. As part of its inclusive approach to the formulation of various policies, this Department has been engaging in prior public consultations on important issues on which policy reform is contemplated. These structured discuss

Posted in Community & General  1 comments |   6762 Views


Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector: FM

   28 June 2011 at 16:03

Need to Explore Innovative Approaches to Sustain High Growth With Stability; Challenge is to Harness this Growth to Make the Development Process More Inclusive, Strengthen Food Security, Improve Education Opportunities and Health Facilities Both i

Posted in Community & General |   2985 Views


DBRS Upgrades India's Ratings for the First Time to Stable Outlook

   24 June 2011 at 17:21

DBRS upgrades India's rating outlook

Posted in Community & General |   4158 Views


Discussion on India's Progress in the Financial Action Task Force Plenary in Mexico

   24 June 2011 at 15:21

Discussion on Indias Progress in the Financial Action Task Force Plenary in Mexico India joined the Financial Action Task Force (FATF) as its 34th member in June 2010. At present FATF has 36 members comprising of 34 countries and two orga

Posted in Community & General |   4074 Views


RBI to Issue Regulations for Setting-up of IDFs on Company Route

   24 June 2011 at 15:19

Broad Structure of Proposed Infrastructure DEBT funds (IDFs) Finalized; IDFs -- A Novel Attempt to address the Issue of Sourcing Long term DEBT for Infrastructure Projects; RBI to Issue Regulations for Setting-up of IDFs on Company Route Union

Posted in Community & General |   3762 Views



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