With the government still unclear about the final tax treatment of the periodic payments received by the borrower under a reverse mortgage scheme, many banking companies and especially the senior citizens (users for the product) are in a state of dilemma.
News, Analysis & Opinion about Indian Business
With ICICI bank’s FPO (bigger than DLF’s IPO) slated to open on June 18, the valuation of its subsidiaries would be a hot topic of discussion among corporate circles.
After creating nerves for Indian exporters, especially the IT companies, the rupee finally touched a month low by falling 43 paisa to close at 41.13 (it touched an intraday high of 41.18) on 8 June.
The sarkari babus in India are blogging! The tech-savvy Income Tax Department of India under the Ministry of Finance now has an official blog (yes, with feeds) to connect better with the tax payers of India.
70% of Indian population resides in the rural area but they have negligible insurance coverage. Thus it opens a huge opportunity for insurance marketers of micro-insurance products.
When it comes to promotions, movie makers are not averse to taking bets on in-film ads.
The local “subziwala” and the bania or the “kirana wala bhaiya” in India are a troubled lot today – thanks to entry of giants like FoodWorld, Big Bazaars, Subhiksha stores and Reliance Retail Fresh.
With just a month left for the declaration of New Seven Wonders of the World, hectic canvassing is going on.
It is estimated that 60-70% of Green House Gases (like hydro fluorocarbons, methane and nitrous oxide) emission is through fuel combustion in industries like cement, steel, textiles and fertilizers.
The growing retail boom, increasing internet users and brand awareness has resulted in an interest in the space of online shopping.
The State of Jammu & Kashmir so far, exempted from the clutches of service tax, will soon have 14 services under the tax net.
Thousands of new blogs were being created every day but in India, blogging was relatively an unknown phenomenon then.
Remember the days when people across the country used to wait till 08:40 p.m. to watch all the day’s news (and ofcourse set time in watches), on our good old Doordarshan having sari-clad newsreaders?
The Indian Real Estate sector is facing a downturn at the moment, after most analysts comparing the rise in property prices to the dotcom boom of 2000, the question now on everyone’s mind is what next lies ahead?
Whether it is stock market fraud or bank fraud or cyber fraud, forensic accounting has become an indispensable tool for investigation.
The Indian rupee is close to its 9 year high against US Dollar, and scores of news has been written about it in the pink newspapers and business channels.
Gone are the days of seeing movies with 3D glasses, the concept is soon going to change wih the advent of 6D movie.
In the era of upcoming malls and discount stores with new offers every other day, that claims to fill your basket for less, you should be handy with a protective gear and prefarably, have a bodyguard accompanying you.