From many takers at 40.5/$ last September, the currency is finding few at 44.5/$ now, Last September, when the rupee was at 40.69/$ and rising, exporters rushed to sell their dollars and buy rupees.
Dr. Duvuri Subbarao has been appointed as the next Governor of Reserve Bank of India. He will take charge of the new post after the present RBI Governor, Dr. Y.V. Reddy demits his office on 5th of this month. This was announced by the Finance Ministe
With a view to serve the members and students better, Institute of Chartered Accountants of India is starting two toll-free help lines - one dedicated to the members and another dedicated to students to answer their queries and resolve their problems
What is a futures contract on the INR/USD exchange rate? It is exactly like a futures contract of Nifty or of Infosys. A futures price is traded on the screen. That pertains to the INR/USD exchange rate at a future date.
The announcement by the Institute of Chartered Accountants of India (ICAI) in July last year notwithstanding, India may stop short of full convergence with the International Financial Reporting Standards (IFRS)
Banks to confront challenges in loan impairment, derivatives, etc. In line with global trends, India will join the league of more than 100 countries which have converged with IFRS
IMPLEMENTATION OF THE RECOMMENDATIONS OF SIXTH CENTRAL PAY COMMISSION (press release) The Union Cabinet today gave its approval for implementation of the recommendations of the Sixth Central Pay Commission. The revised pay scales will come into e
A company’s first attempt of listing at an exchange is preceded by an initial public offering (IPO). Under an IPO, a company issues a certain percentage of shares to the public. But, a public issue proposal
Personal financial planning gives a clear picture of where you are today and where you want to be. Personal financial planning, in India, is relatively a newer concept.
Reserve Bank of India governor Yaga Venugopal Reddy released the quarterly monetary policy review, as part of which, he hiked cash reserve ratio by 25 basis points and repo rate by 50 basis points.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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