What are Masala bonds? The Masala bonds are the bonds issued outside India but denominated in Indian rupees. They are also known as rupee bonds. When bonds are issued outside India, it is usually denominated in US dollars or other foreign currency. But, Masala bonds are denominated in Indian rupees and not US dollars or …
It’s that time of year when you have to file your income tax returns. You can get it done with the help of a Charted Accountant or you can e file taxes yourself. If you want to do income tax e-filing yourself this article will be your helpful guide. Regardless of your income falling in …
Filing Income Tax Returns in 2017? Here are the 5 things to Keep in Mind: Read More »
The Financial Resolution and Deposit Insurance (FRDI) Bill is likely to be debated in the winter session of Parliament which begins on December 15, 2017. Currently, the bill is pending before a Standing Committee of Parliament. This article explains the FRDI bill which has created a lot of unnecessary controversies. Background of the FRDI Bill India …
FRDI bill: the risk to your deposit will be no more than what it is today Read More »
World Trade Organisation (WTO) is an international organization with 164 member countries and headquarters in Geneva, Switzerland The primary purpose of WTO is to reduce trade barriers between nations. The agreements negotiated and signed by the member countries are an integral part of WTO. These agreements deal with global rules of trade between member countries. …
WTO: Meaning, Origin, Objective, Principles & Organisational Structure Read More »
In recent years, the term ‘Neo-liberalism’ has become a catchphrase and is often used in political debates. The meaning of the word itself has evolved over the years. The basic tenet on which the idea of ‘neo-liberalism’ is based is free-market. Neo-liberals believe that free market with minimum Government intervention leads to optimum allocation of resources …
Highlights of the RBI’s 5th bimonthly monetary policy review- Repo rate unchanged at 6 %. No change in CRR, SLR. Reverse Repo & Bank rate Inflation forecasts for Q4 (Jan-Mar quarter) raised. CPI inflation is expected to range between 4.3%.-4.7%, up from the earlier estimates of 4.2%-4.6%. Growth forecasts for the fiscal year 2016-17 retained …
RBI’s Monetary Policy-RBI raises inflation forecast; keeps rates unchanged Read More »
According to a report from the Ministry of Skill Development and Entrepreneurship, as opposed to developed countries, where the percentage of the skilled workforce is between 60% and 90% of the total workforce, India records an abysmal 4.69% of the workforce with formal vocational skills. There is a huge discrepancy between education, skill training and …
Details of Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Read More »