The cabinet is likely to approve 51% Foreign Direct Investment (FDI) in multi-brand retail on Thursday, a decision that will allow global mega chains like Walmart, Tesco and Carrefour to open outlets in India. Also on the cabinet agenda is the pro
In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Accounts of the Institute for the year 2010-2011 is required to be published in the Gazette of
Global investors and research agencies appear increasingly worried that the Manmohan Singh-led United Progressive Alliance (UPA) government, shaken by graft, will not push through policy reforms in critical areas to boost long-term growth in the w
The government is likely to allow global supermarkets such as Walmart, Tesco and Carrefour to set up deep discount stores in India, but with a few conditions. The department of industrial policy and promotion has moved a formal proposal to allow
The Reserve Bank of India will be careful about using foreign exchange reserves aggressively to protect depreciation of the rupee, Subir Gokarn, a deputy governor of the Reserve Bank of India, told television channel CNBC TV-18 on Thursday. The ce
G Ramaswamy, President, The Institute of Chartered Accountants of India (ICAI) has been elected as the Board Member of International Federation of Accountants (IFAC) at the November IFAC Council Meeting held at Berlin, Germany on 17th November 201
Following is the text of the speech of Union Finance Minister Shri PranabMukherjees address delivered, here today on the occasion of conclusion of 150years Celebrations of the C&AG of India: I am happy to be here today as t
Following is the text of Finance Minister's speech at ASSOCHAM, Kolkata on 13-11-2011. "It gives me great pleasure to be here in Kolkata and share my thoughts on a subject that has occupied centre stage since the outbreak of global financ
BY FAX ONLY F.No.334/9/2011-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit *** Room No.146-G, North Block New Delhi, dated the 2nd November, 2011 To Trade and Industry Associations Subject: Suggestion
IMF chief Christine Lagarde issued a warning in Beijing on Wednesday that Europe's debt crisis may plunge the global economy into a "lost decade" — long periods of zero or negative growth — experienced by Latin America in
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