Blog categorized as News

IMPACT OF ORGANISATIONAL CULTURE ON THE PROCEDURES AND TECHNIQUES OF ACCOUNTING

26.04.19 04:56 AM - By CRM ICOFP - Comment(s)
Organizational culture represents a company’s common beliefs and concepts that create the social and psychological environment of an organization. It refers to a system of shared meaning held by members that distinguishes the organization from others.
Culture has proven to have an important influe...

Importance of Financial Planning

26.04.19 01:17 AM - By CRM ICOFP - Comment(s)
Recently, one of my friends forwarded me a story titled “Can you sleep when the wind blows”. It’s a nice story which partly answers the above questions. The story goes like this - Years ago a farmer owned land along the Atlantic seacoast. He constantly advertised for hired hands, however, most peop...

INDUSTRY VISIT

05.03.19 04:22 AM - By CRM ICOFP - Comment(s)
On the 23rd of January, 2019, the students from the MBA - Financial Analysis batch 2018-20 visited the offices of Moody's Analytics Knowledge Services (MAKS), based at Gurgaon. Moody's Analytics Knowledge Services is the knowledge services unit of Moody’s Analytics. The objective of the visit w...

Increase in Emerging Market Risk Following Turkish Lira, Chinese Yuan Deterioration

28.09.18 11:59 PM - By CRM ICOFP - Comment(s)
The trade wars have been progressively escalating between the US and China for the past five months. Yet, the implication that trade war represents to the rest of the world economy has been toned down by the global investors. The weakening of the Turkish Lira after the implementation of US tariffs s...

Income Tax Saving For the Salaried

17.08.18 11:21 PM - By CRM ICOFP - Comment(s)
Remember the feeling you have when you receive your salary and then you realize a chunk of it has been cut as tax and then you proceed to create other sources of income which at the end of the year you are rudely informed will be taxed too. We all know that our taxes go towards the development of th...

Health Insurance - Types of Health Insurance Plans & which ones are apt for you?

31.05.17 06:35 AM - By CRM ICOFP - Comment(s)
In the first article on Health Insurance, we discussed the rationale for buying insurance. Now let us understand the types of Health Insurance / Medical Insurance policies offered in India and how to choose what’s best for you? Types of Health Insurance Plans
  • Hospitalization Plans / Indemnity Plan...

GST BILL: A RAY OF LIGHT “ONE NATION, ONE TAX”

30.05.17 10:58 AM - By CRM ICOFP - Comment(s)
Cenvat, Sales tax, Excise duty, Octroi, Service tax, Entertainment tax, Vat, Security Transaction Tax, Purchase tax, Luxury tax, Lottery Tax are some of the prominent taxes that died after GST. The GST is a Value added Tax (VAT) is proposed to be a comprehensive indirect tax levy on manufa...

THE PIVOTAL ROLE OF DYNAMIC EQUITY FUNDS

20.05.17 07:25 AM - By CRM ICOFP - Comment(s)
Wouldn’t you love to buy equities when markets are at a low and sell them when markets are at a high? Dynamic funds switch between different asset classes, depending on their attractiveness. Dynamic funds aim to switch aggressively between equity and debt and are more opportunistic. When an investor...

The Cloud of BHIM

11.01.17 04:51 AM - By CRM ICOFP - Comment(s)
Following the theme of digitalization and cashless economy, PM has launched Aadhar based mobile payment application BHIM (Bharat Interface for money). BHIM Being UPI (unified Payment Interface) brings a lot more benefits in comparison to E-wallets applications like Paytm, Freecharge, Mobikwek etc. U...

India-UK Amicable Reciprocity

26.12.16 11:08 AM - By CRM ICOFP - Comment(s)
Worthy convivial diplomatic relationships lead India to strengthen its ties with the rest of the world. One such affable dealing has been with the United Kingdom. Coming across afresh is the news of UK opening up to India with Mr. Alok Sharma (Minister-in-charge of Asia) asserting India of UK to be ...

Why US Presidential Elections Matter for Indian Financial Markets

23.11.16 07:19 AM - By CRM ICOFP - Comment(s)
With Mr. Obama stepping down as the Potus, Donald Trump is welcomed in the White House as the new head of responsibilities for the world’s top country- The States. Now, how is that possibly going to affect the financial markets and why is it a matter of concern or even if it is a concern at all- for...

The News of BIGGEST becoming BIGGER - SBI is Strategizing a Big Move to Absorb its Associate Banks

03.11.16 09:21 AM - By CRM ICOFP - Comment(s)
The nation’s largest bank, State Bank of India (SBI), is strategizing a big move to absorb its associate banks namely - State Bank of Bikaner and Jaipur (SBBJ), State Bank of Travancore (SBT), State Bank of Patiala (SBP), State Bank of Mysore (SBM) and State Bank of Hyderabad (SBH) and Bha...

Positive outlook for India GDP going forward - World Bank Report

12.10.16 08:10 AM - By CRM ICOFP - Comment(s)
Noting in its report on the South Asia Economic Focus (highlighted theme), World Bank is positive about the growth and retention of India GDP of 7.6% to 7.7% in 2017. The bases for such an outlook are consumption supported by civil service pay reforms, private investment recovery in medium term, hig...

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