Indian equity markets:Overvalued Zone…?
Well some say that the Indian equity markets are all set to become mother of all the bull markets and from here there is no looking back. While others say that we are currently in a kind of over bought zone and a correction of at least 200-300 points in the Nifty More >
IFRS: an improvement in accounting quality as well as corporate governance
With India going global, corporate management is now feeling the pressure for reforming accounting practices and level of transparency arising from lenders, regulatory agencies, financial analyst and above all board of directors who realize that it is the quality of information which will determine how efficiently they have discharged their More >
Indian IT Sector: Ready for Growth?
The economy is recovering,BFSI is showing strongest bounce back,mega deals are struck with dollar strengthening
- This sector is estimated to aggregate revenues around USD 73.1bn in FY 2010
- The export revenues are estimated at $50bn,while domestic revenues at $23bn by FY2010
- Indian IT sector estimated to provide direct employment to 2.3 mn and indirect More >
MARKET RISK DISCLOSURES UNDER IFRS 7
An entity possesses the risk if the fair value or cash flow of financial instrument will fluctuate as a result of change in market prices.
Following disclosures need to be shown in financial statement:
- A sensitivity analysis of each type of market risk to which the entity is exposed showing how profit More >
Overnight Index Swap (OIS) – 1
To understand Overnight Index Swap (OIS) in depth we need to know some basics related to it.
What is Swap?
A swap basically means exchange. So any financial product suffixed or prefixed by words swap would indicate the exchange of something. This something might be future cash flows, interest rates (fixed or 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 >