Bankruptcy prediction was made easy by the use of Altman Z score for more than four decades now. Way back in 1968 that was quite significant, especially since the industry was having mostly manufacturing companies....
The goods and services tax has been long in coming. P Chidambaram promised it in his 2005 budget speech. He was preceded by the states, which began to change over to value added tax from...
When IBM announced earnings last week, it talked about all the great things it was accomplishing to compensate for the fact that revenues had plunged 14% from a year ago to $19.28 billion, and that...
India VIX calculates and depicts investor’s perception of volatility in the near term. This gets calculated on the best bid and ask price of a Nifty contract and this calculation is for a near term....
As China’s slowdown impacts ties with Africa, India is seeking to step in and boost political and economic relations with the continent. The upcoming India-Africa Summit may offer a key opportunity to do just that....
The notion of financial inclusion promoted by the erstwhile government is now taking shape by erecting structures which are very new not just to Indian banking industry but the world as well. A new concept...
When a patient has a bacterial infection, they get prescribed antibiotics. But more and more often these drugs are not working because pathogens have developed defense mechanisms against them Antibiotics are substances that kill bacteria...
September BoJ Tankan survey delivered a few positive surprises for the economy. Non-manufacturers’ business condition DI improved by 2 points and the capital expenditure plan for large corporations for the fiscal year 2015 was revised...
There are 195 sovereign states, according to the United Nations, and two “observer states” (Vatican and Palestine). The high income countries in North America, Western Europe and Asia-Pacific account for about 15% of the sovereign...
What is the automobile of the future? A personal transportation device, a battery pack on wheels, a rolling smartphone, or a self-driving virtual-reality cockpit with 3D entertainment on offer 24/7 – or all of the...
REIT or Real Estate Investment Trust is a collective fund which collects funds from various types of investors and then invest the funds on their behalf in Real Estate (either via debenture route or via...
World food commodity prices in August logged their largest monthly drop since December 2008, the United Nations food agency said on Thursday – unwelcome news for Europe’s struggling farmers. The Food and Agriculture Organization’s (FAO)...
