CAclubindia News

ICWAI - President Communique for November, 2011

08 November 2011 at 18:15

Each era introduces new challenges to the humanity and society. Domain experts and Professionals with their skills and knowledge have become the champions of the key socio-economic transformations in today’s world.

Posted in Others | 1 comments | 5520 Views

Draft Code of Conduct for Chartered Accountancy Students

08 November 2011 at 18:11

In order to govern the conduct of Chartered Accountancy Students during the period of practical training and also that of the students pursuing Professional Competence Course (PCC) / Integrated Professional Competence Course (IPCC), prior to regis

Posted in Students | 5 comments | 14838 Views

SEBI mulls new rules for markets

07 November 2011 at 18:16

The Securities and Exchange Board of India (SEBI) will enforce a new set of norms to address concerns of "conflict of interests" among firms, investment advisers, portfolio managers and other market intermediaries. The new norms will

Posted in Shares & Stock | 1 comments | 14610 Views

Will G-20 walk the talk?

07 November 2011 at 12:36

In the week ahead of the just-concluded meetings of the Group of Twenty (G-20) nations at Cannes, two events unfolded. First, Japan intervened in the currency market to shore up the yen, taking financial markets by surprise. Second, even more unex

Posted in Others | 1 comments | 2982 Views

Can microfinance institutions lower their loan rates?

07 November 2011 at 12:36

India’s Parliament is expected to take up a Bill for discussion in the ensuing winter session that will govern microfinance institutions (MFIs). When it becomes law, the Micro Finance Institutions (Development and Regulation) Bill will give

Posted in Others | 4398 Views

RBI relaxes norms to woo FII investments in infrastructure sector

05 November 2011 at 15:57

To attract foreign funds in infrastructure, the Reserve Bank of India (RBI) on Thursday made investment in infra debt papers easier. Foreign institutional investors (FIIs) can now sell their investments in infrastructure bonds up to $5 bi

Posted in Others | 1 comments | 6678 Views

RBI wants IIFCL to focus on direct lending

05 November 2011 at 15:57

The Reserve Bank of India (RBI) wants India Infrastructure Finance Co. Ltd (IIFCL) to focus on direct lending and restrict the refinancing business as it raises the cost of funds for end borrowers. State-owned IIFCL provides credit for infrastru

Posted in Others | 1 comments | 3174 Views

Union Finance Minister, Shri Pranab Mukherjee's Speech at the Ninth India today Chief Minister's Conclave

05 November 2011 at 11:27

Following is the text of the speech of Union Finance Minister, Shri Pranab Mukherjee delivered, here today at the Ninth India Today Chief Minister’s Conclave: “It gives me great pleasure to be here for the Ninth India Today Chief Min

Posted in Others | 3576 Views

CBEC Observes Vigilance Awareness Week

05 November 2011 at 11:26

As a part of the Vigilance Awareness Week being observed from 31st October to 5th November, 2011, the Central Board of Excise and Customs (CBEC),Ministry of Finance, organized an interaction with officers and staff, here today. This was presided o

Posted in Others | 3288 Views

Greek euro threat looms over Cannes G20 summit

04 November 2011 at 11:45

The threat of a Greek exit from the euro zone hung over a meeting of G20 leaders on Thursday after France and Germany made it clear that Athens must decide urgently whether it wants to stay in the 12-year-old currency bloc. The summit on the Fre

Posted in Others | 1 comments | 4230 Views