Of late, the recent forecast of low rainfall during the monsoon is a concern for many. The onus of this goes to El Nino acronym of El Nino Southern Oscillation that a country experiences in a cycle of three to seven years. It occurs when there is an interaction between the warm water of Pacific Ocean and atmosphere.
It is in the news that Department of Posts has started procuring digital handheld terminals to transform various services especially electronic money order service, which will be made available in more than 70 percent of post offices that is around 1.55lakh post offices in India, by the end of this year.
Recently Stumbed at Premise datasets after listening to Joe Reisinger, Co-founder and CTO of Premise talk at Quantcon 2015. Premise is a collection of large-scale geospatial, economic and human development data – data which form critical inputs for businesses, investors, policy-makers, regulators and strategists looking to get a timely and accurate read for what’s happening right now on the ground.
Union Budget 2015 – Live Blogging from Marketcalls as it happens Union Budget 2015, Highlights of Union Budget 2015, Budget Impact on Stocks, Markets, Live Coverage on the Budget Announcements
On Thursday, Railways Minister, Suresh Prabhu, Introduced his first budget in the Parliament. No rise in the passenger rail fares caught the limelight. With others there were so many new points added that it brought out both, good and bad responses from people as well as opposition. Mr. Prabhu made it very clear with the budget that this year it would be all about rectifying faults and replacements and repairs but no new trains this year. He completely focused on the modernizing old networks and improving facilities for millions of consumer.
Government spending policies that influence macroeconomic conditions. Through fiscal policy, regulators attempt to improve unemployment rates, control inflation, stabilize business cycles and influence interest rates in an effort to control the economy. Fiscal policy is largely based on the ideas of British economist John Maynard Keynes (1883–1946), who believed governments could change economic performance by adjusting tax rates and government spending.
on 6th Dec Nifty Futures hit a intraday low of 8000 since then nifty had gained nearly 844.4 points in just 14 trading sessions. Literally Q3 Season, surprising RBI rate cut from RBI Governer and European QE had boosted the sentiment. Put writers are heavily building around 8500PE, 8600PE, 8700PE and right from the start of the series 8000PE maintains the highest open interest.
2014 was a year of remarkable returns in equity market. Even with poor geopolitical situations from Ukraine to Middle-east- Investors enjoyed the Bullish fun feast and Dow theorist licked their chopsticks,but events are lining up a different way . 2015 likely will be a year of volatility and uncertainty.
The Double Tax Avoidance Agreements (DTAA) is essentially bilateral agreements entered into between two countries, in our case, between India and another foreign state. The basic objective is to avoid, taxation of income in both the countries (i.e. Double taxation of same income) and to promote and foster economic trade and investment between the two countries.