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Trade and Business Bodies in J&K Are Taking on Communal Forces

The Jammu Chamber of Commerce and Industry did not support the bandh (pictured above) called by the Jammu Bar Association. Credit: PTI/File As communal tensions ferment in the Jammu region following the arrest of eight persons accused by the Jammu and Kashmir crime branch for the rape and murder of an eight-year-old Bakarwal Muslim girl, the Jammu Bar Association dominated ... Read More »

IDBI Bank to close loss-making branches, limit NPAs and focus on retail to get out of PCA: Deputy MD

IDBI Bank hopes to come out of the regulatory restrictive Prompt Corrective Action (PCA) after taking a host of measures, including closure/merger of branches, conversion of 31 loss-making branches into outlets, divestment in non-core assets, setting up of separate stressed assets management group and focus on retail and good quality corporate business. Amid talks of part stake sale by the ... Read More »

Market Now: IT stocks rally on rupee weakness; HCL Tech zooms 4% 

Equity benchmarks moved up a little shrugging off weakness in global stocks and concerns over surging oil prices. NEW DELHI: Falling rupee seems to have given a fillip to IT stocks as most of them from the Nifty IT pack were trading in the higher terrain. The Nifty IT index was trading 2.71 per cent up at 13,105 around 10:50 am (IST) ... Read More »

Stocks in focus on April 09, 2018

NEW DELHI: The domestic equity market is likely to see a negative opening on Monday, tracking weak global cues. At 08:25 am, the Nifty50 futures of SGX were trading 45.50 points or 0.44 per cent lower at 10,296.50. Here is a list of top stocks that are likely to be in focus in today’s trading session. Binani Industries: Binani Industries has decided to ... Read More »

Indian Economy Seems To Be On Way To Recovering From Demonetisation Disruptions, Says IMF

India’s economy has expanded strongly in recent years, said Tao Zhang, Deputy Managing Director of IMF. HIGHLIGHTS IMF has underscored the significance of reforms in education, health Economy expanded strongly because of macro economic policies Demonetization temporarily affected economic activity, said IMF Dy MD Washington: The Indian economy now seems to be on its way to recovering from disruptions caused by ... Read More »

Amp Up Your Marketing on a Budget: 7 Ways to Use Free Tools to Improve Your Digital Presence

If you’re a business owner, blogger or freelancer, chances are, you engage in some form of digital marketing for your business. You probably never intended to, and you certainly weren’t trained for it, but somewhere along the line, you figured it out because you realized your business would be dead without it. Kudos for that, marketing in today’s world is no easy ... Read More »

Govt notifies new accounting standard that comes into effect on April 1

Companies will have to adopt more detailed revenue recognition ways from April 1 as the government has notified a new accounting standard. The corporate affairs ministry has notified Indian Accounting Standard (Ind AS) 115 which would be effective from the new financial year, starting Sunday. According to experts, Ind AS 115 will help in more transparent accounting of revenues and ... Read More »

G7 Nations Agree on a ‘Common Vision’ for AI

HIGHLIGHTS Officials met in Montreal for a jobs and innovation forum It includes a “shared vision for human-centered AI Concerns over the hijacking and abuse of personal data on Facebook Group of Seven countries have agreed to a “common vision” for the development of artificial intelligence, a Canadian minister said Wednesday. Officials met in Montreal for a jobs and innovation forum ... Read More »

Economic growth needs to reflect on HDI: Niti Aayog CEO Amitabh Kant

The Indian economy is growing at 7 -8% which needs to be reflected on the human development index (HDI) wherein the country stands at 131st position out of 188 nations, NITI Aayog CEO Amitabh Kant on Monday said. Kant further said there is need for a radical change at the state and district levels to improve the current situation. “Industry ... Read More »

We may see darker periods in market; it depends on how global story plays out: Udayan

In an interview with CNBC-TV18, Udayan Mukherjee shared his views and outlook on the market. I think the market is trying to consolidate right now. We have had a fairly significant fall, the biggest of the last 12-14 months on the way down from 11,200 to about 10,300 levels, he said. We could try and work within a range of ... Read More »