Search Results for: india
India is on the verge of opening its legal market to foreign law firms
July 4th, 2016
India is on the verge of opening its legal market to foreign law firms as ministers have revealed they will meet to discuss fresh proposals next Tuesday (5 July). Legally India reports that the Bar Council of India (BCI) has ...
Indian payments industry set for rapid changes
June 30th, 2016
Initiatives such as Jan Dhan Yojana, Aadhaar and mobile technology are giving a boost to banking and payments The amount of cash in circulation in India is estimated at around 18% of the country’s gross domestic product (GDP), making ...
Accountants outsourcing their work in countries like India and Philippines
June 16th, 2016
Many accountants in Australia are shifting large proportions of their operations offshore to countries like India and the Philippines where workers can be paid as little as $5 an hour to complete time-consuming compliance work. While legal, many consumers are ...
EU and India give new momentum to strategic partnership
April 5th, 2016
The European Union and India held their 13th Summit on 30 March in Brussels, and took steps to deepen their political and economic cooperation. International security, migration, trade and sustainable development were top of the agenda. European Commission President, ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
India to OPEC: We’ll take that extra oil you’re pumping
March 30th, 2016
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...
KPMG is moving more of its IT jobs in India
March 24th, 2016
KPMG is moving more jobs to India, with UK contractor roles the most affected Business advisory KPMG is moving more of its UK IT team to India as it expands its agreement with Indian IT services firm Tata Consultancy Services (TCS). Some permanent ...
Russia Deals Deepen India Hold in China Oil-Buying Backyard
March 22nd, 2016
India lift stakes in Siberia fields connected to ESPO pipeline China is biggest buyer of Russian crude, including ESPO supply India is expanding its footprint in China’s backyard by forging deals with Russia for stakes in Siberian fields that supply ...
NSE and SGX to launch the world’s first offshore Indian sector futures
March 16th, 2016
India Index Services & Products Limited (IISL), a National Stock Exchange (NSE) group company, and Singapore Exchange (SGX) today announced their intention to introduce futures on Indian sector-specific index futures on SGX. This is the first time that derivatives ...
Biggest Indian Bank Surges Most in Seven Years on Capital Boost
March 2nd, 2016
RBI allows banks’ property values to be added to core capital Change in capital rules to align with Basel III standards: RBI State Bank of India shares surged the most in almost seven years, leading a rally in the ...