Banks to confront challenges in loan impairment, derivatives, etc. In line with global trends, India will join the league of more than 100 countries which have converged with IFRS
IMPLEMENTATION OF THE RECOMMENDATIONS OF SIXTH CENTRAL PAY COMMISSION (press release) The Union Cabinet today gave its approval for implementation of the recommendations of the Sixth Central Pay Commission. The revised pay scales will come into e
A company’s first attempt of listing at an exchange is preceded by an initial public offering (IPO). Under an IPO, a company issues a certain percentage of shares to the public. But, a public issue proposal
Personal financial planning gives a clear picture of where you are today and where you want to be. Personal financial planning, in India, is relatively a newer concept.
Reserve Bank of India governor Yaga Venugopal Reddy released the quarterly monetary policy review, as part of which, he hiked cash reserve ratio by 25 basis points and repo rate by 50 basis points.
The Union Government has accepted in-principle to gradually move towards accrual basis of accounting. This was stated by Shri V N Kaila, Controller General of Accounts, Ministry of Finance, while addressing a Conference organized to mark the 60th yea
It helps you to make the most of the financial resources available, Financial literacy is the process by which investors improve their understanding of financial markets, products, concepts and risks
Last Friday, Ministry of Finance had indicated that the monetary authorities were expected to take action on the demand side to moderate inflation and quell inflationary expectations.Reserve Bank of India has hiked the REPO rate by 50 basis points an
Sameer felt like he was living a dream, when at 23, he got a campus placement in a multinational company after completing his management studies. Being the only son of well-to-do parents
Why is inflation so high? The immediate cause for the big jump is the recent hike in petroleum products prices. But inflation has been building for some time due to the increase in food, steel and cement prices
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