Is the move from sector neutral to sector specific effective? 6/3/2014 Abstract: The International Financial Reporting Standards were adopted with idea of providing the private sector entities access to the international capital markets; have not focused on reporting needs of the public sector. Public sector entities also have financial reporting needs and are required to produce high quality reports. The central point of argument is that to maintain sector neutral accounting
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M Research Papers ISSN:-2230-7850 BANKING SECTOR REFORMS IN INDIA: THE RATIONALE AND EFFICACY Kumar B Assistant Librarian‚ University College of Arts‚ Tumkur University Tumkur- 572103. Muniraju M Assistant Professor‚ Department of Studies and Research in Economics‚ Tumkur University‚ Tumkur – 572 103. Abstract The Indian banking industry is measured as a flourishing and the secure in the banking world. The country ’s economy growth rate by over 9 percent since last several years and
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Engineering is a diverse industry with a number of segments. A company from this sector can be a power equipment manufacturer (like transformers and boilers)‚ execution specialist or a niche player (like providing environment friendly solutions). It can be an electrical‚ non-electrical machinery and static equipment manufacturer too. | | Order book size determines the performance of the company in the short to medium-term. In order to bag big contracts‚ companies need to have a big balance
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Education Sector In a globalized economy with a high degree of competition among countries‚ the success of a nation depends on the educational level of its workforce. Technology has rapidly transformed education by extending learning space beyond the four wall of a classroom. Even though school plays the main role of education‚ technology offers verities of opportunities to learn more. Such as‚ Distance learning‚ online learning communities and access to vast resources and databases‚ etc. with the
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liberalization and economic reforms that allowed Banks to explore new business opportunities. Banking in India has evolved through five distinct phases. Each phase could be separated from the other by a landmark development in the sphere of Banking Sector. Phase I –Pre-independence Phase (up to 1947) India had centuries old tradition of indigenous Banking. There existed many evidences showing that the concept of Banking was not new to India. As Chanakya‟s Arthashashtra about 3000 B.C. showed
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2‚4 Customer perception on service quality in retail banking in Middle East: the case of Qatar Mohammed Hossain and Shirley Leo Department of Accounting and Information Systems‚ College of Business and Economics‚ Qatar University‚ Doha‚ Qatar Abstract Purpose – The purpose of this paper is to evaluate the service quality in retail banking in the Middle East in general‚ and Qatar in particular‚ based on different levels of customers’ perception regarding service quality. Design/methodology/approach
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LENDING TO PRIORITY SECTOR At a meeting of the National Credit Council held in July 1968‚ it was emphasised that commercial banks should increase their involvement in the financing of priority sectors‚ viz.‚ agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the Informal Study Group on Statistics relating to advances to the Priority Sectors constituted by the Reserve Bank in May 1971. On the basis
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they do in the form of schools‚ nurserys etc. Voluntary sector organizations also provide these services but they are not required to‚ they choose to do so. The statutory sector involves all the organisations that are set up‚ controlled and funded by the government‚ for example public school and NHS hospitals. The statutory sector is funded by people who pay taxes and national insurance etc. This is different from the independent sector which involves organisations being run by business people
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expand to other regions and to increase the number of their outlets in a city. It is expected that by 2010‚ India may have 600 new shopping centers. MAJOR RETAIL INDUSTRIES • In the Indian retailing industry‚ food is the most dominating sector and is growing at a rate of 9% annually. The branded food industry is trying to enter the India retail industry and convert Indian consumers to branded food. Since at present 60% of the Indian grocery basket consists of non- branded items.
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Robust agricultural growth is key to India ’s economic growth prospects Ajay Modi Business Today‚ September 17‚ 2013 | UPDATED 08:55 IST A farmer works in a wheat field against the backdrop of residential apartments undergoing construction in Noida on the outskirts of New Delhi January 1‚ 2012. (Reuters Last week‚ the prime minister ’s Economic Advisory Council projected 4.8 per cent growth for agriculture in 2013/14. In comparison‚ agricultural growth last year was 1.9 per cent. If the projection
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