“There are times when all informed observers have a common view of what the imperatives of monetary policy are. In such times the RBI’s decision is easy. Today is not such an easy time. The signals from the economy have been mixed. Industrial growth
A weighted deduction of 150 per cent of the total expenditure incurred during the year on CSR initiatives as certified by a social audit conducted by a Practicing Company Secretary may be provided to encourage the entrepreneurs to undertake CSR initi
As per extant guidelines on management of interest rate risk in the banking book under Pillar II, banks where the economic value of the banking book declines by more than 20% of the MVE as a result of a standardised interest rate shock of 200 basis points are considered outlier from supervisory perspective. However, no such calibration is envisaged at this stage for decline in the MVE based on the impact of the standardised interest rate shock of 200 basis points on the entire balance sheet, under the guidelines on banks’ ALM contained in this circular.
This circular is issued in exercise of powers conferred under section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
GVAT- The Last Date for filing E-Filing RETURNS for the period ending 30/09/2010 has been extended up to 21/11/2010 for Monthly Dealers & 15/12/2010 for Quarterly Dealers.
DoT now announces that the countrywide launch of MNP services will start from Haryana Licensed Service Area on November 25, 2010. From this date customers in Haryana will have the option of changing their service provider without changing their mobil
India believes that ASEAN is the core around which the process of economic integration of the Asia-Pacific region should be built. India’s economy has been growing rapidly for the past few years. This year we hope to achieve a growth rate of 8.5%. In
The report is divided into five sections. It briefly describes the macroeconomic environment during the quarter, details of debt management operations in the primary market – Government’s financing requirement, auction details, cost and maturity of b
The empowered committee of state finance ministers, in a recent letter to the Centre and the states, has proposed that the constitutional amendment draft for GST be amended to include “coal, opium, Indian hemp and other narcotics drugs and narcotics,
India has dropped its plans to introduce a new accounting norm for agriculture as part of the move to converge its accounting standards with globally adopted International Financial Reporting Standards (IFRS). The Institute of Chartered Accountants of India (ICAI), the account standards setting body of the country, has decided not to go ahead with its draft accounting standard for agriculture due to India-specific concerns in assessing the fair value of the agricultural sector.
