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Dr Dr. R Seetharaman, Group CEO of Doha Bank, has been honoured with the 2016 Green Economy Visionary Award. He has been awarded with this award for his contribution in environment-friendly activities and thereby promoting green economy for nearly two decades. The award was bestowed upon him by Mohammed JarrahContinue Reading

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P-notes, or participatory notes, are a way for foreigners to invest in the Indian markets without registering themselves with Securities and Exchange Board of India (SEBI). P-Notes are for individuals who do not want to disclose their identity for various reasons. Therefore, they put their money in foreign bank branchesContinue Reading

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Here’s a glossary of stock market terms, suitable for beginners. Stock :Ownership of a corporation indicated by shares, which represent a piece of the corporation’s assets and earnings. Current assets : Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in lessContinue Reading

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The International Development Association (IDA) is the part of the World Bank that seeks to help the poorest countries of the world. International Development Association was established in the year 1960. It aims to trim down poverty by providing loans & grants for various programs that enhance economic growth, improveContinue Reading

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Economic freedom Economic freedom is measured in terms of three broad heads–size of government (measured by government revenue expenditure and administrative gross state domestic product (GSDP) and sundry state-level taxes as share of total GSDP, as well as share of government in organised employment), legal structure and security of propertyContinue Reading

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In: Current Affairs India, Economics

Cheque Truncation System (CTS) is a process that will give banks the freedom to avoid transporting a physical cheque from the presenting bank (where the cheque is deposited) to the drawee bank (where it is issued). As per the CTS, instead of a physical cheque, an electronic image of theContinue Reading

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The Parthasarathi Shome Committee report on General Anti-Avoidance Rules (GAAR) has recommended the postponement of GAAR by three years and abolition of short-term capital gains tax