The total bad loans (gross non-performing assets) of scheduled commercial banks increased to 5.14 % of total advances as on September 30, 2015. The number had stood at 4.6% of total advances, as on March 31, 2015. This means a jump of 54 basis points in a period of just …
A Benguluru based biotech startup Pandorum Technologies, has become first Indian firm to develop artificial tissue, which performs the function of human liver and can led to affordable full scale transplantable organs in few years.
Culture of discouraging employees from questioning their superiors have led Toshiba to see full year loss and now cut in 7000 jobs to streamline its operations. (Do remember 1.3 Billion accounting scandal)
Excise exemption on 210 items is likely to go to mobilize resources for paying seventh pay commission and military pensions.
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.