Posts tagged economic review
Base rate Vs BPLR
Shift from BPLR to Base Rate
Recently with release of RBI circular on Base rate implementation, there has been a lot of debate going on regarding BPLR (benchmark prime lending rate). Here is our beginner’s guide to understand the two rates.
What is BPLR?BPLR is the reference rate for banks 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 >
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 >
Currency markets at crucial point….
Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level More >
Treatment Of Tangible Assets Under IFRS
Treatment of Property, Plant And Equipment (PPE) under IFRS
First time adoption of IFRS for PPE An entity can use fair value as deemed cost on First time adoption of IFRS
OR
It has to apply Retrospective application which means recalculate carrying amount of each PPE item according to IFRS since its More >
Indian Economy – Review and Analysis, February 2010
Readers, as promised, we have posted the market review for February without delay this time. Month of February witnessed the most important calendar event for Indian economy, the Budget 2010. Our reports on the same would have kept you updated. Hopefully this will update you about its affect on various More >
Delay in defining roadmap of IFRS for banking industry in India
Banking system in India is so far accustomed to rule based approach and hence for any implementation, Banks look to the regulator for guidelines i.e. RBI.
In case of Basel II implementation, the National Supervisor i.e. RBI is provided with power to modify the guidelines to suit the country condition. The More >
UAE Economy: Impact of Dubai crisis
Introduction In 2009, the U.A.E. witnessed a significant slowdown in growth and strains in the banking system as a result of the global financial crisis, the decline in oil prices, and the continuing fallout from the bursting of the Dubai property bubble. The ramifications of the DW debt event will depend More >
Infosys result analysis
Infosys declared its third quarter result today. The results came better than than the street expectations. The sales were around 3% above the Bloomberg consensus estimate, whereas the net profit was around 12% below, which was boosted on account of higher other income.
BSE : INFOSYS
NSE More >
IIP Data: November 2009 -Index for Industrial production
- The IIP figure for November stood at 11.7%, taking everybody’s breath away. It stunned everybody since the market’s expected figures was hovering around 10%.The same index registered a growth of 2.4% y-o-y in Nov’08 whereas a growth of 10.3% (revised) y-o-y in the last month
- It grew at its fastest pace More >