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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 »

Top stocks in focus on 16 February 2018

NEW DELHI: Domestic market is likely to see a positive opening on Friday , tracking Nifty50 futures on the Singapore Stock Exchange (SGX Nifty) and cues from other Asian markets. Nifty futures on the Singapore Stock Exchange were trading 31 points, or 0.29 per cent, higher at 10,588, indicating a positive opening start for the Nifty50 in India. Here is a list ... Read More »

The Stats on the Work-Life Balance of Your Employees (INFOGRAPHIC)

Finding a work-life balance, no pun intended, is a work in progress. And in a world where your work can follow you anywhere, finding this balance is becoming increasingly more difficult. The new infographic from Family Living Today and Now Sourcing looks at why it is especially hard for workers in the US. Compared to the 38 countries of the Organisation for Economic Co-operation ... Read More »

IPL 2018: RR bank on successful RPS connection to fire again

IPL 2018: Stokes and Smith guided RPS to the IPL 2017 final The spotlight on this year’s mega Indian Premier League auction was on the two teams making a comeback after serving out their two-year suspensions. While Chennai Super Kings decided to retain their core in Mahendra Singh Dhoni, Suresh Raina and Ravindra Jadeja, the Rajasthan Royals just decided to go ahead ... Read More »

Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details

The rate of interest on PPF is compounded annually (Representational image) HIGHLIGHTS PPF, other small savings schemes interest rates are set every quarter Deposits in PPF account are eligible for tax deductions under Section 80C Up to Rs. 1.5 lakh can be claimed for a financial year under Section 80C COMMENTSPPF or Public Provident Fund is one of the most ... Read More »

39% of Small Businesses Get a Return On Investment From Social Media

Thirty-nine percent (39%) of small business owners are seeing a return on investment from social media.  That is according to a recent survey by Manta, released just last week. Manta, an online small business community, surveyed more than 1,200 of its members to generate its quarterly Small Business Wellness Index, where these findings are from.  Chart excerpt: Now you might think ... Read More »

Buy, Sell, Hold: 6 stocks are in focus on January 23, 2018

Brokerage: Credit Suisse | Rating: Underperform | Target: Raised to Rs 1,100 The global research firm said that volume growth was much lower than historical trends. It has lowered earnings by 3-4 percent and said that the firm must take a price hike to stem margin decline. Brokerage: Citi | Rating: Sell | Target: Rs 1,080 global financial services firm ... Read More »