Community & General News
This is a time of uncertainty..
13 October 2008 at 15:49"This is a time of uncertainty. Yet, even in a time of uncertainty there are some facts that cannot be - and ought not to be - ignored. The Indian economy continues to grow at a satisfactory rate. As recently as last week, the IMF's research departme
RBI directs banks on charges to be levied on electronic products
11 October 2008 at 20:39Levy of Service Charges for Electronic Payment Products andOutstation Cheque CollectionWith immediate effect, the framework of charges to be levied by banks for offering various electronic products and for outstation cheque collection service shall b
Statement of the Union Cabinet on Financial Situation
09 October 2008 at 00:51Following is the statement made by the Finance Minister, Shri P. Chidambaram on behalf of the Union Cabinet on the financial situation: The United States and many countries in Europe are passing through a severe financial crisis. The ripple effects o
Certificate Course on Valuation
25 September 2008 at 13:51Certificate Course on Valuation - (25-09-2008) The Council of the Institute of Chartered Accountants of India has, while appreciating the emerging diversities and complexities in valuation job, decided to launch Certifica
Morgan, Goldman biz model 'flawed'
20 September 2008 at 15:15Wall Street's hammering of shares of Morgan Stanley and Goldman Sachs, the last two investment banks standing
In bad times, Rupee has few friends
09 September 2008 at 18:36From many takers at 40.5/$ last September, the currency is finding few at 44.5/$ now, Last September, when the rupee was at 40.69/$ and rising, exporters rushed to sell their dollars and buy rupees.
Dr. D. Subbarao is the new RBI Governor
02 September 2008 at 12:59Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present RBI Governor, Dr. Y.V. Reddy demits his office on 5th of this month. This was announced by the Finance Ministe
Toll Free Numbers for members and students
02 September 2008 at 12:47With a view to serve the members and students better, Institute of Chartered Accountants of India is starting two toll-free help lines - one dedicated to the members and another dedicated to students to answer their queries and resolve their problems
FAQs on currency futures
30 August 2008 at 13:39What is a futures contract on the INR/USD exchange rate? It is exactly like a futures contract of Nifty or of Infosys. A futures price is traded on the screen. That pertains to the INR/USD exchange rate at a future date.
But India in no hurry to converge with IFRS
29 August 2008 at 13:07The announcement by the Institute of Chartered Accountants of India (ICAI) in July last year notwithstanding, India may stop short of full convergence with the International Financial Reporting Standards (IFRS)
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