Archive for March, 2010

Indian Aviation Sector: Flying Out of Clouds

These are early days yet, but the Indian aviation industry seems to be turning the corner-slowly and surely.

  • Close to 4.5 million passengers flew in India in December, which  was the highest number of passengers flying domestically ever.
  • Airlines are already pushing with expansion plans, Indigo a low  cost carrier which serves More >

USD-INR Charting its own course…

Equity markets continued their journey north with all major markets closing in the green for the week. The Sensex was up 100 points with indices worldwide crossing recent highs. Gold ended unchanged from last week at 1107. The European leaders seem to have a worked up an arrangement to help More >

IFRS on Effective Interest Rate

Effective Interest Rate

Effective Interest Rate (EIR) is a new concept to the existing Indian GAAP.

TheEffective Interest Rate (EIR) method is a method of calculating the amortized cost of a financial asset or a financial liability and of allocating the interest income or interest expense over the relevant period.

TheEffective Interest Rate More >

BGR Energy: Recommendation Buy

BGR Energy: Building the Indian Power Story

Last week I heard a very interesting story which eventually gave me the idea of investing in BGR Energy Systems Ltd. Thought of sharing with you.

Years back when the South African Government opened their country for outsiders to come and do mining for More >

BGR Energy: Building the Indian Power Story

Last week I heard a very interesting story which eventually gave me the idea of investing in BGR Energy Systems Ltd. Thought of sharing with you.

Years back when the South African Government opened their country for outsiders to come and do mining for diamonds, entrepreneurs form all over the world More >

RBI Raises Repo, Reverse Repo Rates

Before getting into the details, let us first understand -

What is Repo Rate?

Definition of Repo Rate: Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which commercial banks borrow rupees from RBI. A reduction in the repo rate will More >

Comparison of IFRS and Indian Accounting Standards

IFRS is a novel way of looking at accounting. IFRS is a “principle-based” standards rather than “rule-based” standard which are currently followed.

Under IFRS there is need to apply professional judgment consistent with intent and spirit of standards.

Various countries have adapted to IFRS in different ways, often embedding local cultures and More >

Rating upgrade, rate hike – Growth on track

Equity markets continued the uptrend with all major markets closing in the green for the week. The Sensex was up 500 points. On the global front, nothing much changed vis-a-vis risk appetite as stand-off over Greece continued to haunt the Euro, which shed 300 pips during the week. The week More >

Challenges for implementation of IFRS

Key Practical Challenges for implementation of IFRS in India for Banking Industry

No stable Platform: There are many changes / amendment taking place for most of the standards from International Accounting Standard Board there has been no stable platform ready for banks.

Training: All Stakeholders has to be conversant and shall be able More >

Continue the Economic Stimulus

Continuing the Medication..!!

Suppose you are seriously ill since 2 years and are on medication. Your condition is also improving slightly. However, on your last doctor’s visit, he says that he will continue your medication for the extended period. What would this mean to you and your family, that actually More >

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