Nirvikara Paper Mills Limited (NPML), formerly known as Balakrishna Paper Mills is part of the SiyaramPoddar Group which is into the diversified businesses of manufacturing textiles, garments yarn, home furnishings and paper. NPML is a pioneer in the field of Coated Duplex boards which are used for ...
“It’s not Trump, it is technology. Humans are being replaced by intelligent machines faster. New systems and software are creating havoc”- is how IT experts are looking at the changing scenario of India’s software industry.The question is: is the software industry becoming the victim of its ...
There have been frequent changes with respect to the cash transactions which are summarized below,effective 01-04-2017, and also certain recent direct tax changes.(1) Limit for payment of expenses by cash (both, capital and revenue expenditure) reduced from Rs.20,000 to Rs.10,000 per day per person....
Most studies on the Indian banking industry nowadays begin with the dismal consequences of the rising non-performing assets (NPAs) of the sector. The slowdown in the economy in the last few years has led to a rise in bad loans that have negatively affected the asset quality of the banks.Despite the ...
The NDA government has done an excellent job in building a national consensus for the roll-out of Goods and Services Tax (GST). There will be six different rates – 0%, 5%, 12%, 18%, 28% and 28%+cess – for different categories of goods and services and as of now, the items which will be kep...
Looking at the final shape of the GST Bill, ideated with all good intentions, one is reminded of the quote: Good intentions are simply not enough. Our character is defined and our lives are determined not by what we want, say or think, but by what we do. - Michael JosephsonBy now the potential...
Afew days ago Arun Maira, author and management advisor, a former member of the erstwhile Planning Commission, appealed to a houseful of industrialists in Kolkata to consider job creation as their most important target. “Not merely think of ease of doing business, think of job creation...
The recent GDP data of CSO (Central Statistical Office) have caused sharp criticism among a section of economists and other observers, as it has shown only a marginal impact of demonetization in GDP in the Q3 of FY 2017-18. The IMF and RBI, among other organizations have slashed India’s GDP estima...
At a time when China, the world’s fastest growing economy till recently, has opted for the lowest economic growth target in over 25 years, pegging it at 6.5% in 2017-18, India’s GDP has grown at a healthy 7% in the fiscal third quarter belying grim forecasts inspired by the impact of demonetisat...
After the 3rd quarter’s results of the banking industry there has been an impression among a section of observers that the health of banking, particularly, the PSBs’, may turn better in the near future. Sixteen private banks’ growth of net profit has been down close to 14%, collective profit o...
