BUSINESS

Indian Credit Cards issuing policy and the needy to suffer

Indian Credit Cards issuing policy and the needy to suffer

: Guwahati, March 10, 2011 Advertisements Crores of money lost due to improper credit risk assessment of customers, lakhs of untraceable credit holders who vanished without paying back money, thousands of theft complaints and hundreds of reported card fraud cases. That’s the inside story of the million dollar business of Credit Cards in India. So […]

RBI set to address issues in Non Banking Financial Sector

RBI set to address issues in Non Banking Financial Sector

: New Delhi, March 07, 2011 Advertisements Ending a long period of rising public concern on the continued and increasing issues within the Non Banking Financial Companies (NBFC) sector, The Reserve Bank of India (RBI) created a working committee to solve and deal with all the emerging issues within the sector. The committee would primarily […]

RBI Guidelines to PayPal make life hell for IT Service Providers

RBI Guidelines to PayPal make life hell for IT Service Providers

By- Priyankan Goswami The conflict between PayPal and RBI’s recent Regulation’s which led to PayPal to declare new rules to be brought into effect is set to affect adversely all small scale Freelancers and Service providers. Post the write up named PayPal’s new rules based on RBI Guidelines : Blow on Indian Freelancers published in Times of […]

India’s Silence on Swiss Bank Wealth- Request or Begging!

India’s Silence on Swiss Bank Wealth- Request or Begging!

: Priyankan Goswami, New Delhi, February 08, 2011 The fact that Indians have the highest amount of money in the world deposited in Swiss Bank Accounts (more than 1450 billion dollar which is equivalent to around 65,785,630,000,000 Indian Rupees) and the acknowledgement by Swiss Bank officials that Indians have more black money hidden in Swiss […]

Booming world Economy and adverse affects of Egyptian Unrest

Booming world Economy and adverse affects of Egyptian Unrest

: February 03, 2011 The World stock’s biggest boom in last 2 years 5 months recorded on Wednesday, 2nd February and increasing trend of global economic data and earnings has lifted the spirits of economists and corporates throughout the world. With Morgan Stanley Capital International’s all-country world stock index (considered the largest equity measure in […]

Proposed Reduction in Corporate Tax: Whom will it help?

Business analysts across the country are found to be lamenting at the fact that the saying “Men can never be satisfied” has been once again proved when the Government announced to bring down the Corporate Tax to 30% for both Domestic as well as International Companies from its current 33% (Indian companies) and 40% (Foreign […]

Controversial Tax-Free Gas: Finally Court to Decide

After a huge uproar for restoration of tax breaks on production of natural gas, the Oil Ministry has asked the Finance Ministry to let courts decide if 7-year tax exemption should apply only to oil and not on gas produced from the same well. To background the situation, the government had promised exemption from payment […]

The War in Internet Search makes a new Allied Force:

More than a year ago, Microsoft and Yahoo had joined hands to come up with a strategy to take on Google. And finally after a long wait, this strategy is now revealed with Microsoft officially announcing last Tuesday that Bing is totally fueling Yahoo search results now. The search integration is the result of a […]

Make Calls from your email: Google’s New Feat

  Google Inc has declared the launch of their new “Facility” for users of Gmail who will now be able to call telephones directly from their email! While Google had already been offering C-to-C voice and video chat services, it said that starting this week, it will now allow calls to landlines as well as […]