Allahabad Bank has reported a net profit was` 28.84 crore in Q 1 FY 2017-18 against a loss of` 564.96 crore during Q 1 FY 2016-17. Operating profit of the Bank has surged by 20.97% in Q 1 FY 2017-18 year on year to`1170.32 crore as against` 967.44 crore in Q 1 FY 2016-17. At the same time, it is rep...
Tax-filing is a tedious and complicated process. Even though the income tax department is trying to make it easy for tax payers, the need of tax consultants is prominent. All India ITR (www.allindiaitr.com), a government autho-rised e-filing website, recently launched a platform offering income tax ...
RBI Governor Urjit Patel speaking on the Third Bi-Monthly Monetary Policy Statement 2017-18.The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points or 0.25% on August 1. It was an expected move. The repo rate is the rate at which the commercial banks take short term loan from the RB...
Nepal is a land-locked central Himalayan country in South Asia located between China and India. The country is divided into seven provinces. It has about 25.2% population living below the poverty line as per the 2011 estimates.Land reforms had started in Nepal in 1951. An official policy issued in 1...
Dear Reader,The world, exceptfor the developing countries, has marched ahead to embrace digital technologies in a big way. Virtual reality, artificial intelligence, automation, robotics, 3D-printing, genetics, etc. are ushering in changes in the way things are done and these are redefining the...