The Interim Budget 2019 has been prepared keeping in view certain international and national developments. A cursory look at the events that have taken place at the international front showcase a fluctuation in the prices of crude oil from $65 per barrel in April 2018 to a high of $85 per barrel in ...
Company BackgroundWelspun Enterprises Ltd. (WEL), formerly known as Welspun Projects Ltd., the fastest growing company of USD 2.3 billion Welspun Group, is an operating company engaged in infrastructure development along with investments in Oil & Gas exploration. The Company, in its current form...
Globally, the Know your Customer (KYC) process is a way for banks, financial institutions, service provider companies (for e.g., telecom, power, gas, internet, DTH TV et al.), various government departments, educational institutions, and many others to verify the identity of their clients. A busine...
INCOME-TAX Due Date Particulars Challan/Form No 07/01/2019 Deposit of TDS or TCS ...
The Special Economic Zones (Amendment) Rules, 2018 has been announced by Ministry of Commerce & Industry (department of Commerce) Notification vide G.S.R.909 dated September 19, 2018. Developers of small ports are constrained to state that these amendments are going to have a devastating effect o...
Henry Clay, an American politician, made use of the phrase “statistics are no substitute for judgment” to describe the use of data only to emphasise the fact without getting considerate about its relevance. However, this phrase is rightly applicable to the ongoing GDP estimation debate in India....
United Bank of India which is headquartered in Kolkata has partnered with SREI Equipment Finance Limited, a leading Non-Banking Financial Company (NBFC) to finance the MSME/agriculture sector.Under this arrangement, the UBI will leverage its low cost of funds to co-originate and co-lend the lo...
The theoryOne of the important classical development theories of economics is based on the Lewisian views which suggests that the traditional or the informal sector gradually reduces with the processes of industrialisation, urbanisation and modernisation. The theory states that the informal sector o...
The sudden resignation of Urjit Patel from the post of the Governor of the Reserve Bank of India (RBI) was surprising and almost a historic act. There have been a lot of recent controversies regarding the RBI’s independence in relation to the Union Government (UG). A lot of central banks like the ...
The Syndicate Bank is in expansion mood. The bank has taken a new approach which is claimed to be a first of-its-kind strategy in the Indian banking industry. This is strengthening the connectivity of the top management and senior officials with the front line employees. Another drive of its special...
