In a bid to deepen the bilateral engagements with the Nordic countries, the Indian Prime Minister, Narendra Modi, has reached Sweden today. The Indian PM’s visit to Sweden is a part of his five day foreign visit trip. Sweden is the first place the PM has visited in his trip. Ensuring that the Continue Reading
Up until the end of January 2018, stock markets around the world were scaling new heights and setting new records at regular intervals. In the US, the Dow Jones Industrial Average set a record when it closed at 26,616.71 on January 26, 2018. In India, the BSE Sensex set its own closing record at 36,283.25 on 29 […]Continue Reading
These are heady days for the stock markets. The Sensex and Nifty have been closing at new peaks over the last few days. As of November 1, 2017, the BSE had crossed the 33,600 levels while the Nifty was at 10,440, both at record highs. In the US too, the stock market indices are trading […]Continue Reading
The Central Statistics Office (CSO) has recently released estimates that India’s GDP for the third quarter ended December 2016 recorded a growth of 7 percent, sharply beating expectations for a much lower 6.4 percent growth rate indicated in a Reuters poll held just before. The numbers were greeted with considerable skepticism by a section of […]Continue Reading
On 13 January 2017, CII Kerala organised an investors’ meet at Kochi to promote recycling industries in Kerala as part of extended producer responsibility. The event was attended by a galaxy of distinguished speakers drawn from the highest ranks of government, bureaucracy and industry who shared their thoughts about recycling and better waste management. […]Continue Reading
On the 10 th of November, we at Manappuram Finance Limited, reported our second quarter results.Our performance was very impressive with the net profit of Rs.350 crore for the half year up to September 30 being equal to the net profit for the whole of last year. However, it so happened that our results were declared […]Continue Reading
The Government has decided to discontinue the legal tender character of ‘Higher Denomination Bank Notes’ (HDN) of Rs 500 and Rs 1,000 with effect from November 9, 2016.In other words, such notes will not be legal tenders from midnight of November 8, 2016. Old HDN can be exchanged or deposited in banks till December 30, […]Continue Reading
Acording to the SEBI guidelines, it is compulsory for the listed entities to declare their quarterly financial results. There is a prescribed format in which financial performance of the company is to be updated to the exchanges. Over the years, SEBI has made many improvisations in making it simple and inclusive. While it is a […]Continue Reading
In the past couple of weeks, I have been interacting with a few trade associations on the impact of the Goods and Services Tax (GST). The question often raised is whether there would be dual control by both the central and state government in the GST era. Further, for traders currently dealing with the State […]Continue Reading
The plain ground of ten acres lays unused for most part of the year. Just on the outskirts of the city is this mega sized land with no utility value. Nobody would go there for a stroll, a pass time, to play games or even to park vehicles. This is the reason that the organizers […]Continue Reading