insurance
For a Government that rode to power on sky-high expectations, the first 100 days are almost akin to the first week box office collections of a Bollywood blockbuster. Because that’s when impressions are made and word-of mouth spreads, giving an inkling of what lays ahead – a hit or a flop. For Indian industry, troubled [...] Continue Reading »
The growth in the output of eight core sector industries – with a combined weight of 38 percent in the Index of Industrial Production (IIP) – slowed to 2.7 percent in July from 5.3 percent in the same month last year. The data released by the ministry of commerce on Monday showed the slower pace [...] Continue Reading »
Foreign direct investment (FDI) in the services sector declined about 22 % year-on-year to USD 738 million during April-June period of the ongoing fiscal. Though the manufacturing and Infrastructure sector are receiving good FDI investments, the services sector needs to pick up. The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, [...] Continue Reading »
Although cities like Chennai recently witnessed buildings getting damaged in fire, general insurers are not keen on revising premium rates upwards. While there is a subsequent hike in premiums in the following year if the insurer has experienced an adverse claim from a particular establishment in the last 12 months, insurers are not resorting to [...] Continue Reading »
The present government in their first budget may not have had made a big splash as that had been expected but the administration plans that move at the fast speed is ensuring that its proposals are actually being implemented over the next few weeks and that the prime minister is able to celebrate this in [...] Continue Reading »
Consumers looking at taking the benefit of the government’s emphasis on the real estate sector, especially the housing sector, need to be aware of the tax implications. These tax implications are related to the sale-purchase of properties particularly when the sale-purchase agreements and their executions are spread over several days/months or even years. The citizens [...] Continue Reading »
