Category: Blog

Indian technology firms have paid USD 22.5 billion as taxes in the US during the financial years 2011-15.

Tata Motors has entered the top-50 league of global companies in terms of their research and development (R&D) investments.

Government must set a minimum import price to save Indian steel industries which are in red and their banks accumulating non-performing assets in the sector.

To pay seventh pay commission to central government employees and to implement OROP the government is planning to increase the service tax from 14% to 16%.
Why should everyone suffer for the sake of corrupt central government babus.

Government’s persistent effort to reduce interest rates and make money cheap for the rich (industrialists and BSE/NSE) is like squeezing middle class.

The Government’s reasoning in reducing interest rates is assisting corporate in capacity enhancement but in reality they use to buy back their own shares and repay their old debt taken at much higher rates. When a corporate buys back and extinguishes its own shares, fewer number of shares remain in the open market. This pushes up the earnings per share of the company. This in turn pushes up the share price. A higher earnings per share leads to a higher market price

Well, in the world of business, looks can be deceiving; the surface can be radically different from what lies beneath.

Big-name clients (Pininfarina), big-name promoters (Vijay Mallya), big-name brands (Nokia), marquee properties (Taj Hotels) – despite these outward symbols of success, you could still have an unsuccessful business.

Oil prices have decreased. Government has not passed the benefits to end users but captured the gains by increasing excise duty. With this easy money government will continue to subsidise loss making companies like MTNL and Air India. Further, the disinvestment of public sector companies will take a backseat.

India imports close to 80% of the oil that it consumes. Given this, any fall in price of oil is beneficial to the country. Any fall in oil prices means that we will be paying fewer dollars for the oil that we import. And this means that our oil import bill will come down. That’s the good bit. On the flip side, India is also a big exporter of oil products (we refine oil and export oil products). In October 2014, oil products were India’s biggest export at $5.73 billion. Since then with a fall in the price of oil, oil products have become India’s third largest export at $2.46 billion in October 2015. Hence, while falling crude prices are beneficial on the import front, they hurt on the export front as well.

The PHP development team announces the immediate availability of PHP 7.0.0. This release marks the start of the new major PHP 7 series.

PHP 7.0.0 comes with a new version of the Zend Engine, numerous improvements and new features such as

1. Improved performance: PHP 7 is up to twice as fast as PHP 5.6
2. Significantly reduced memory usage
3. Abstract Syntax Tree
4. Consistent 64-bit support
5. Improved Exception hierarchy
6. Many fatal errors converted to Exceptions
7. Secure random number generator
8. Removed old and unsupported SAPIs and extensions
9. The null coalescing operator (??)
10. Return and Scalar Type Declarations
11. Anonymous Classes
12. Zero cost asserts